Royce Micro-Cap Trust
RMT
66 hedge funds and large institutions have $104M invested in Royce Micro-Cap Trust in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 18 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 18
7% more capital invested
Capital invested by funds: $96.8M → $104M (+$7.09M)
2% more funds holding
Funds holding: 65 → 66 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
1.29% less ownership
Funds ownership: 30.14% → 28.85% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Advisory Alpha
Holland,
Michigan
|
+$1.98M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1.97M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.45M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$795K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$734K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$4.62M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.4M |
| 3 |
HK
Horizon Kinetics
New York
|
-$1.35M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$393K |
| 5 |
SG Americas Securities
New York
|
-$350K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
76
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$6K | -733 | Closed |
|
77
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$113 | +13 | New |
|
RMT Hedge Fund Activity: Q3 2017 in Review
66 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2017, worth a combined $104M — up 7.3% from $96.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RMT positions and 11 closed out — a net gain of 1 holder — while 30 added to existing stakes and 18 trimmed.
The largest buyer was Advisory Alpha, opening a new position worth an estimated $1.98M. The largest seller was Oxbow Advisors, cutting an estimated $4.62M.
- 66 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2017, up from 65 in Q2 2017.
- Funds reported $104M of Royce Micro-Cap Trust stock for Q3 2017, up 7.3% quarter-over-quarter.
- 12 funds opened new Royce Micro-Cap Trust positions in Q3 2017 and 11 closed out, a net change of +1 holder.
- The largest Royce Micro-Cap Trust buyer in Q3 2017 was Advisory Alpha, an estimated $1.98M added.
- The largest Royce Micro-Cap Trust seller in Q3 2017 was Oxbow Advisors, an estimated $4.62M sold.
Based on aggregated 13F filings for Q3 2017.