Royce Micro-Cap Trust
RMT
59 hedge funds and large institutions have $73.8M invested in Royce Micro-Cap Trust in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
18% more funds holding
Funds holding: 50 → 59 (+9)
2.04% more ownership
Funds ownership: 21.43% → 23.46% (+2%)
6% less capital invested
Capital invested by funds: $78.6M → $73.8M (-$4.87M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.83M |
| 2 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
+$1.16M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.04M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$304K |
| 5 |
LPL Financial
San Diego,
California
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$4.78M |
| 2 |
Morgan Stanley
New York
|
-$428K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$362K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$334K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$250K |
RMT Hedge Fund Activity: Q4 2014 in Review
59 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2014, worth a combined $73.8M — down 6.2% from $78.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RMT positions and 2 closed out — a net gain of 10 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $3.83M. The largest seller was Gramercy Funds Management, exiting entirely with an estimated $4.78M sold.
- 59 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2014, up from 50 in Q3 2014.
- Funds reported $73.8M of Royce Micro-Cap Trust stock for Q4 2014, down 6.2% quarter-over-quarter.
- 12 funds opened new Royce Micro-Cap Trust positions in Q4 2014 and 2 closed out, a net change of +10 holders.
- The largest Royce Micro-Cap Trust buyer in Q4 2014 was Weiss Asset Management, an estimated $3.83M added.
- The largest Royce Micro-Cap Trust seller in Q4 2014 was Gramercy Funds Management, an estimated $4.78M sold.
Based on aggregated 13F filings for Q4 2014.