Royce Micro-Cap Trust
RMT
68 hedge funds and large institutions have $99.4M invested in Royce Micro-Cap Trust in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 10 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.22% less ownership
Funds ownership: 27.8% → 27.58% (-0.22%)
1% less capital invested
Capital invested by funds: $101M → $99.4M (-$1.21M)
9% less funds holding
Funds holding: 75 → 68 (-7)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Advisory Alpha
Holland,
Michigan
|
+$3.21M |
| 2 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$866K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$742K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$559K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.06M |
| 2 |
HK
Horizon Kinetics
New York
|
-$1M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$866K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$641K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$500K |
RMT Hedge Fund Activity: Q1 2018 in Review
68 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q1 2018, worth a combined $99.4M — down 1.2% from $101M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of RMT and 3 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 28 added.
The largest buyer was Advisory Alpha, adding an estimated $3.21M. The largest seller was Cornerstone Advisors, cutting an estimated $2.06M.
- 68 institutional investors held Royce Micro-Cap Trust (RMT) as of Q1 2018, down from 75 in Q4 2017.
- Funds reported $99.4M of Royce Micro-Cap Trust stock for Q1 2018, down 1.2% quarter-over-quarter.
- 3 funds opened new Royce Micro-Cap Trust positions in Q1 2018 and 10 closed out, a net change of -7 holders.
- The largest Royce Micro-Cap Trust buyer in Q1 2018 was Advisory Alpha, an estimated $3.21M added.
- The largest Royce Micro-Cap Trust seller in Q1 2018 was Cornerstone Advisors, an estimated $2.06M sold.
Based on aggregated 13F filings for Q1 2018.