Royce Micro-Cap Trust
RMT
74 hedge funds and large institutions have $97.4M invested in Royce Micro-Cap Trust in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
6% more funds holding
Funds holding: 70 → 74 (+4)
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0.6% less ownership
Funds ownership: 25.57% → 24.97% (-0.6%)
1% less capital invested
Capital invested by funds: $98.2M → $97.4M (-$766K)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.21M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.22M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$688K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$586K |
| 5 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
+$512K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$5.24M |
| 2 |
BlackRock
New York
|
-$1.5M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.05M |
| 4 |
HK
Horizon Kinetics
New York
|
-$490K |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$440K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
76
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.05M | -105,156 | Closed |
|
|
FAIM
77
Financial Advocates Investment Management
Olympia,
Washington
| – | -$440K | -43,603 | Closed |
|
|
1CP
78
1607 Capital Partners
Richmond,
Virginia
| – | -$278K | -27,832 | Closed |
|
79
Walleye Trading
New York
| – | -$250K | -25,000 | Closed |
|
|
LSAG
80
Lake Street Advisors Group
Portsmouth,
New Hampshire
| – | -$165K | -16,543 | Closed |
|
|
WAM
81
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -77 | Closed |
|
RMT Hedge Fund Activity: Q3 2018 in Review
74 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2018, worth a combined $97.4M — down 0.78% from $98.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RMT positions and 7 closed out — a net gain of 4 holders — while 29 added to existing stakes and 28 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.21M. The largest seller was Shaker Financial Services, cutting an estimated $5.24M.
- 74 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2018, up from 70 in Q2 2018.
- Funds reported $97.4M of Royce Micro-Cap Trust stock for Q3 2018, down 0.78% quarter-over-quarter.
- 11 funds opened new Royce Micro-Cap Trust positions in Q3 2018 and 7 closed out, a net change of +4 holders.
- The largest Royce Micro-Cap Trust buyer in Q3 2018 was Advisors Asset Management, an estimated $2.21M added.
- The largest Royce Micro-Cap Trust seller in Q3 2018 was Shaker Financial Services, an estimated $5.24M sold.
Based on aggregated 13F filings for Q3 2018.