Royce Micro-Cap Trust
RMT
48 hedge funds and large institutions have $78.8M invested in Royce Micro-Cap Trust in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
14% more funds holding
Funds holding: 42 → 48 (+6)
11% more capital invested
Capital invested by funds: $70.8M → $78.8M (+$7.96M)
0.02% more ownership
Funds ownership: 22.8% → 22.82% (+0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$589K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$537K |
| 3 |
Morgan Stanley
New York
|
+$415K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$407K |
| 5 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$928K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$364K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$329K |
| 4 |
SG Americas Securities
New York
|
-$303K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$152K |
RMT Hedge Fund Activity: Q3 2013 in Review
48 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2013, worth a combined $78.8M — up 11% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RMT positions and 1 closed out — a net gain of 6 holders — while 21 added to existing stakes and 13 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $589K. The largest seller was Financial & Investment Management Group, cutting an estimated $928K.
- 48 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2013, up from 42 in Q2 2013.
- Funds reported $78.8M of Royce Micro-Cap Trust stock for Q3 2013, up 11% quarter-over-quarter.
- 7 funds opened new Royce Micro-Cap Trust positions in Q3 2013 and 1 closed out, a net change of +6 holders.
- The largest Royce Micro-Cap Trust buyer in Q3 2013 was Wolverine Asset Management, an estimated $589K added.
- The largest Royce Micro-Cap Trust seller in Q3 2013 was Financial & Investment Management Group, an estimated $928K sold.
Based on aggregated 13F filings for Q3 2013.