Royce Micro-Cap Trust
RMT
67 hedge funds and large institutions have $64.2M invested in Royce Micro-Cap Trust in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
16% more funds holding
Funds holding: 58 → 67 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.49% less ownership
Funds ownership: 25.12% → 23.64% (-1.5%)
12% less capital invested
Capital invested by funds: $73.1M → $64.2M (-$8.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$3.41M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$2.06M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.28M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.2M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$1.58M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.54M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.26M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.17M |
| 5 |
Morgan Stanley
New York
|
-$723K |
RMT Hedge Fund Activity: Q3 2015 in Review
67 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2015, worth a combined $64.2M — down 12% from $73.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RMT positions and 4 closed out — a net gain of 9 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Financial & Investment Management Group, adding an estimated $3.41M. The largest seller was North Star Asset Management, cutting an estimated $1.58M.
- 67 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2015, up from 58 in Q2 2015.
- Funds reported $64.2M of Royce Micro-Cap Trust stock for Q3 2015, down 12% quarter-over-quarter.
- 13 funds opened new Royce Micro-Cap Trust positions in Q3 2015 and 4 closed out, a net change of +9 holders.
- The largest Royce Micro-Cap Trust buyer in Q3 2015 was Financial & Investment Management Group, an estimated $3.41M added.
- The largest Royce Micro-Cap Trust seller in Q3 2015 was North Star Asset Management, an estimated $1.58M sold.
Based on aggregated 13F filings for Q3 2015.