Royce Micro-Cap Trust
RMT
86 hedge funds and large institutions have $111M invested in Royce Micro-Cap Trust in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 16 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
2% more capital invested
Capital invested by funds: $109M → $111M (+$2.37M)
2.06% less ownership
Funds ownership: 30.98% → 28.92% (-2.1%)
3% less funds holding
Funds holding: 89 → 86 (-3)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.16M |
| 2 |
DI
DFPG Investments
Sandy,
Utah
|
+$691K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$638K |
| 4 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$482K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$407K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.54M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$5.18M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$950K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$925K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$846K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -83 | Closed |
|
RMT Hedge Fund Activity: Q4 2022 in Review
86 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2022, worth a combined $111M — up 2.2% from $109M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RMT and 14 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 33 added.
The largest buyer was Allspring Global Investments, adding an estimated $3.16M. The largest seller was Morgan Stanley, cutting an estimated $5.54M.
- 86 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2022, down from 89 in Q3 2022.
- Funds reported $111M of Royce Micro-Cap Trust stock for Q4 2022, up 2.2% quarter-over-quarter.
- 14 funds opened new Royce Micro-Cap Trust positions in Q4 2022 and 16 closed out, a net change of -2 holders.
- The largest Royce Micro-Cap Trust buyer in Q4 2022 was Allspring Global Investments, an estimated $3.16M added.
- The largest Royce Micro-Cap Trust seller in Q4 2022 was Morgan Stanley, an estimated $5.54M sold.
Based on aggregated 13F filings for Q4 2022.