Royce Micro-Cap Trust
RMT
75 hedge funds and large institutions have $101M invested in Royce Micro-Cap Trust in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 22 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
45% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 22
14% more funds holding
Funds holding: 66 → 75 (+9)
3% less capital invested
Capital invested by funds: $104M → $101M (-$3.38M)
1.05% less ownership
Funds ownership: 28.85% → 27.8% (-1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$501K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$499K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$488K |
| 4 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$487K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.63M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.2M |
| 3 |
FC
Fiduciary Counselling
Saint Paul,
Minnesota
|
-$1.06M |
| 4 |
HK
Horizon Kinetics
New York
|
-$1.03M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$954K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citadel Advisors
Miami,
Florida
| – | -$191K | -20,410 | Closed |
|
|
AWM
77
AE Wealth Management
Topeka,
Kansas
| – | -$167K | -17,842 | Closed |
|
78
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$125K | -13,290 | Closed |
|
|
GT
79
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -235 | Closed |
|
|
FANJ
80
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$2K | -212 | Closed |
|
|
WAM
81
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$335 | +36 | New |
|
RMT Hedge Fund Activity: Q4 2017 in Review
75 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2017, worth a combined $101M — down 3.2% from $104M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RMT positions and 7 closed out — a net gain of 9 holders — while 32 added to existing stakes and 22 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $501K. The largest seller was Laurion Capital Management, cutting an estimated $1.63M.
- 75 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2017, up from 66 in Q3 2017.
- Funds reported $101M of Royce Micro-Cap Trust stock for Q4 2017, down 3.2% quarter-over-quarter.
- 16 funds opened new Royce Micro-Cap Trust positions in Q4 2017 and 7 closed out, a net change of +9 holders.
- The largest Royce Micro-Cap Trust buyer in Q4 2017 was Shaker Financial Services, an estimated $501K added.
- The largest Royce Micro-Cap Trust seller in Q4 2017 was Laurion Capital Management, an estimated $1.63M sold.
Based on aggregated 13F filings for Q4 2017.