Royce Micro-Cap Trust
RMT
70 hedge funds and large institutions have $98.2M invested in Royce Micro-Cap Trust in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
3% more funds holding
Funds holding: 68 → 70 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $99.4M → $98.2M (-$1.16M)
2.01% less ownership
Funds ownership: 27.58% → 25.57% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.26M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.71M |
| 3 |
BlackRock
New York
|
+$1.49M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$512K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.14M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
-$3.25M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.07M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.45M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$655K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$5K | -561 | Closed |
|
RMT Hedge Fund Activity: Q2 2018 in Review
70 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2018, worth a combined $98.2M — down 1.2% from $99.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RMT positions and 6 closed out — a net gain of 3 holders — while 31 added to existing stakes and 23 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.26M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.14M.
- 70 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2018, up from 68 in Q1 2018.
- Funds reported $98.2M of Royce Micro-Cap Trust stock for Q2 2018, down 1.2% quarter-over-quarter.
- 9 funds opened new Royce Micro-Cap Trust positions in Q2 2018 and 6 closed out, a net change of +3 holders.
- The largest Royce Micro-Cap Trust buyer in Q2 2018 was Wells Fargo, an estimated $3.26M added.
- The largest Royce Micro-Cap Trust seller in Q2 2018 was Rivernorth Capital Management, an estimated $5.14M sold.
Based on aggregated 13F filings for Q2 2018.