Royce Micro-Cap Trust
RMT
98 hedge funds and large institutions have $162M invested in Royce Micro-Cap Trust in 2025 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 28 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
36% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 28
16% more capital invested
Capital invested by funds: $139M → $162M (+$22.8M)
4% more funds holding
Funds holding: 94 → 98 (+4)
1.99% more ownership
Funds ownership: 32.56% → 34.55% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.03M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.91M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.89M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$973K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.36M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.22M |
| 3 |
SC
Sapient Capital
Indianapolis,
Indiana
|
-$389K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$331K |
| 5 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$301K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Calamos Advisors
Naperville,
Illinois
| – | -$199K | -23,590 | Closed |
|
|
AWS
102
Atria Wealth Solutions
New York
| – | -$137K | -16,300 | Closed |
|
|
FAIM
103
Financial Advocates Investment Management
Olympia,
Washington
| – | -$133K | -15,835 | Closed |
|
|
CWC
104
Carolinas Wealth Consulting
Charlotte,
North Carolina
| – | -$78.8K | -9,342 | Closed |
|
|
EC
105
Elequin Capital
New York
| – | -$50.8K | -6,023 | Closed |
|
|
CCM
106
Coldstream Capital Management
Bellevue,
Washington
| – | -$31.2K | -3,697 | Closed |
|
|
GJIA
107
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| – | -$7.64K | -784 | Closed |
|
|
CA
108
Continuum Advisory
Eagle,
Idaho
| – | -$4.21K | -499 | Closed |
|
|
CW
109
Curio Wealth
Annapolis,
Maryland
| – | -$9.75K | -1 | Closed |
|
RMT Hedge Fund Activity: Q2 2025 in Review
98 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2025, worth a combined $162M — up 16% from $139M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RMT positions and 11 closed out — a net gain of 5 holders — while 38 added to existing stakes and 28 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $2.03M. The largest seller was Morgan Stanley, cutting an estimated $1.36M.
- 98 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2025, up from 94 in Q1 2025.
- Funds reported $162M of Royce Micro-Cap Trust stock for Q2 2025, up 16% quarter-over-quarter.
- 16 funds opened new Royce Micro-Cap Trust positions in Q2 2025 and 11 closed out, a net change of +5 holders.
- The largest Royce Micro-Cap Trust buyer in Q2 2025 was Polar Asset Management Partners, an estimated $2.03M added.
- The largest Royce Micro-Cap Trust seller in Q2 2025 was Morgan Stanley, an estimated $1.36M sold.
Based on aggregated 13F filings for Q2 2025.