Royce Micro-Cap Trust
RMT
65 hedge funds and large institutions have $96.8M invested in Royce Micro-Cap Trust in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 10 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0% more funds holding
Funds holding: 65 → 65 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.3% less ownership
Funds ownership: 30.44% → 30.14% (-0.3%)
10% less capital inflows, than outflows
Capital inflows: $6.75M | Capital outflows: $7.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.12M |
| 2 |
PC
Pecaut & Co
Sioux City,
Iowa
|
+$684K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$549K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$390K |
| 5 |
SG Americas Securities
New York
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.39M |
| 2 |
Horizon Kinetics
New York
|
-$1.06M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$874K |
| 4 |
Punch & Associates Investment Management
Edina,
Minnesota
|
-$812K |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$576K |
RMT Hedge Fund Activity: Q2 2017 in Review
65 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2017, worth a combined $96.8M — up 2.1% from $94.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RMT positions and 10 closed out — a net gain of 1 holder — while 29 added to existing stakes and 18 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $2.12M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.39M.
- 65 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $96.8M of Royce Micro-Cap Trust stock for Q2 2017, up 2.1% quarter-over-quarter.
- 11 funds opened new Royce Micro-Cap Trust positions in Q2 2017 and 10 closed out, a net change of +1 holder.
- The largest Royce Micro-Cap Trust buyer in Q2 2017 was Shaker Financial Services, an estimated $2.12M added.
- The largest Royce Micro-Cap Trust seller in Q2 2017 was Rivernorth Capital Management, an estimated $1.39M sold.
Based on aggregated 13F filings for Q2 2017.