Royce Micro-Cap Trust
RMT
99 hedge funds and large institutions have $153M invested in Royce Micro-Cap Trust in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 30 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
51% more capital invested
Capital invested by funds: $101M → $153M (+$51.7M)
30% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 30
11% more funds holding
Funds holding: 89 → 99 (+10)
4.53% more ownership
Funds ownership: 30.7% → 35.23% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$14.4M |
| 2 |
Morgan Stanley
New York
|
+$4.53M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.44M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.86M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$883K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.19M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.96M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.16M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.09M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$766K | -95,600 | Closed |
|
|
DA
102
Doliver Advisors
Houston,
Texas
| – | -$591K | -77,059 | Closed |
|
103
Truist Financial
Charlotte,
North Carolina
| – | -$281K | -36,700 | Closed |
|
|
PCP
104
Proficio Capital Partners
Newton,
Massachusetts
| – | -$156K | -20,338 | Closed |
|
RMT Hedge Fund Activity: Q4 2020 in Review
99 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2020, worth a combined $153M — up 51% from $101M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RMT positions and 6 closed out — a net gain of 10 holders — while 39 added to existing stakes and 30 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $14.4M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $6.19M sold.
- 99 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2020, up from 89 in Q3 2020.
- Funds reported $153M of Royce Micro-Cap Trust stock for Q4 2020, up 51% quarter-over-quarter.
- 16 funds opened new Royce Micro-Cap Trust positions in Q4 2020 and 6 closed out, a net change of +10 holders.
- The largest Royce Micro-Cap Trust buyer in Q4 2020 was Karpus Investment Management, an estimated $14.4M added.
- The largest Royce Micro-Cap Trust seller in Q4 2020 was Rivernorth Capital Management, an estimated $6.19M sold.
Based on aggregated 13F filings for Q4 2020.