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RMT

Royce Micro-Cap Trust

68 hedge funds and large institutions have $99.4M invested in Royce Micro-Cap Trust in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 27

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.22% less ownership

Funds ownership: 27.8%27.58% (-0.22%)

1% less capital invested

Capital invested by funds: $101M → $99.4M (-$1.21M)

9% less funds holding

Funds holding: 7568 (-7)

70% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 10

Holders
68
Holders Change
-7
Holders Change %
-9.33%
% of All Funds
1.56%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
28
Reduced
27
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HK
1
Horizon Kinetics
New York
$24.3M -$1M -105,618 -4%
UBS Group
2
UBS Group
Switzerland
$6.84M +$742K +78,010 +12%
Morgan Stanley
3
Morgan Stanley
New York
$6.36M +$164K +17,282 +3%
RCM
4
Rivernorth Capital Management
Florida
$5.86M -$202K -21,224 -3%
AA
5
Advisory Alpha
Michigan
$5.65M +$3.21M +337,768 +141%
SFS
6
Shaker Financial Services
Virginia
$5.52M -$70.5K -7,411 -1%
Wells Fargo
7
Wells Fargo
California
$4.79M +$559K +58,756 +13%
FC
8
FCA Corp
Texas
$3.17M -$26.8K -2,813 -0.8%
CA
9
Cornerstone Advisors
North Carolina
$3.07M -$2.06M -216,326 -40%
FHA
10
Flagship Harbor Advisors
Massachusetts
$2.73M +$409K +42,984 +17%
PAIM
11
Punch & Associates Investment Management
Minnesota
$2.29M -$186K -19,538 -7%
BA
12
Bard Associates
Illinois
$2.17M -$103K -10,795 -4%
TFF
13
The Family Firm
Maryland
$1.87M +$25.4K +2,675 +1%
FAAS
14
First Allied Advisory Services
California
$1.69M +$76.6K +8,051 +5%
1CP
15
1607 Capital Partners
Virginia
$1.64M +$271K +28,518 +19%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.55M +$31.6K +3,321 +2%
FFA
17
First Foundation Advisors
California
$1.48M +$514 +54 +0%
MAA
18
Mraz Amerine & Associates
California
$1.38M -$1.47K -154 -0.1%
JIP
19
Jaffetilchin Investment Partners
Florida
$1.36M +$866K +91,038 +169%
LPL Financial
20
LPL Financial
California
$1.17M +$174K +18,299 +17%
Stifel Financial
21
Stifel Financial
Missouri
$920K +$27.6K +2,904 +3%
RJA
22
Raymond James & Associates
Florida
$879K -$641K -67,348 -42%
Bank of America
23
Bank of America
North Carolina
$813K -$40K -4,206 -5%
PC
24
Pecaut & Co
Iowa
$806K +$29.5K +3,099 +4%
Brown Advisory
25
Brown Advisory
Maryland
$761K -$15K -1,580 -2%

RMT Hedge Fund Activity: Q1 2018 in Review

68 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q1 2018, worth a combined $99.4M — down 1.2% from $101M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of RMT and 3 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 28 added.

The largest buyer was Advisory Alpha, adding an estimated $3.21M. The largest seller was Cornerstone Advisors, cutting an estimated $2.06M.

  • 68 institutional investors held Royce Micro-Cap Trust (RMT) as of Q1 2018, down from 75 in Q4 2017.
  • Funds reported $99.4M of Royce Micro-Cap Trust stock for Q1 2018, down 1.2% quarter-over-quarter.
  • 3 funds opened new Royce Micro-Cap Trust positions in Q1 2018 and 10 closed out, a net change of -7 holders.
  • The largest Royce Micro-Cap Trust buyer in Q1 2018 was Advisory Alpha, an estimated $3.21M added.
  • The largest Royce Micro-Cap Trust seller in Q1 2018 was Cornerstone Advisors, an estimated $2.06M sold.

Based on aggregated 13F filings for Q1 2018.