Royce Micro-Cap Trust
RMT
67 hedge funds and large institutions have $88.6M invested in Royce Micro-Cap Trust in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 6 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 18
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
9% more capital invested
Capital invested by funds: $81.5M → $88.6M (+$7.1M)
2% more funds holding
Funds holding: 66 → 67 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.14% less ownership
Funds ownership: 31.83% → 30.68% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.58M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.93M |
| 3 |
Citigroup
New York
|
+$1.02M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$589K |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.11M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2M |
| 3 |
BWP
BSW Wealth Partners
Boulder,
Colorado
|
-$389K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$374K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$338K |
RMT Hedge Fund Activity: Q3 2016 in Review
67 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2016, worth a combined $88.6M — up 8.7% from $81.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RMT positions and 6 closed out — a net gain of 2 holders — while 32 added to existing stakes and 18 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.58M. The largest seller was Morgan Stanley, cutting an estimated $2.11M.
- 67 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2016, up from 66 in Q2 2016.
- Funds reported $88.6M of Royce Micro-Cap Trust stock for Q3 2016, up 8.7% quarter-over-quarter.
- 8 funds opened new Royce Micro-Cap Trust positions in Q3 2016 and 6 closed out, a net change of +2 holders.
- The largest Royce Micro-Cap Trust buyer in Q3 2016 was Rivernorth Capital Management, an estimated $3.58M added.
- The largest Royce Micro-Cap Trust seller in Q3 2016 was Morgan Stanley, an estimated $2.11M sold.
Based on aggregated 13F filings for Q3 2016.