Royce Micro-Cap Trust
RMT
70 hedge funds and large institutions have $94.6M invested in Royce Micro-Cap Trust in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 18 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 18
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
7% more capital invested
Capital invested by funds: $88.6M → $94.6M (+$6M)
4% more funds holding
Funds holding: 67 → 70 (+3)
0.54% more ownership
Funds ownership: 30.68% → 31.22% (+0.54%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.83M |
| 2 |
HK
Horizon Kinetics
New York
|
+$2.11M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.78M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$414K |
| 5 |
Morgan Stanley
New York
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$3.92M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$3.57M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$620K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$600K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$279K |
RMT Hedge Fund Activity: Q4 2016 in Review
70 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2016, worth a combined $94.6M — up 6.8% from $88.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RMT positions and 8 closed out — a net gain of 3 holders — while 36 added to existing stakes and 18 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.83M. The largest seller was Gramercy Funds Management, cutting an estimated $3.92M.
- 70 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2016, up from 67 in Q3 2016.
- Funds reported $94.6M of Royce Micro-Cap Trust stock for Q4 2016, up 6.8% quarter-over-quarter.
- 11 funds opened new Royce Micro-Cap Trust positions in Q4 2016 and 8 closed out, a net change of +3 holders.
- The largest Royce Micro-Cap Trust buyer in Q4 2016 was Rivernorth Capital Management, an estimated $2.83M added.
- The largest Royce Micro-Cap Trust seller in Q4 2016 was Gramercy Funds Management, an estimated $3.92M sold.
Based on aggregated 13F filings for Q4 2016.