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RMT

Royce Micro-Cap Trust

70 hedge funds and large institutions have $98.2M invested in Royce Micro-Cap Trust in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

35% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 23

3% more funds holding

Funds holding: 6870 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $99.4M → $98.2M (-$1.16M)

2.01% less ownership

Funds ownership: 27.58%25.57% (-2%)

Holders
70
Holders Change
+2
Holders Change %
+2.94%
% of All Funds
1.6%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
31
Reduced
23
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HK
1
Horizon Kinetics
New York
$25.3M -$620K -62,720 -2%
Wells Fargo
2
Wells Fargo
California
$8.41M +$3.26M +329,799 +64%
UBS Group
3
UBS Group
Switzerland
$7.42M +$116K +11,784 +2%
Morgan Stanley
4
Morgan Stanley
New York
$6.91M +$114K +11,531 +2%
SFS
5
Shaker Financial Services
Virginia
$5.35M -$541K -54,819 -9%
FC
6
FCA Corp
Texas
$3.35M -$42.8K -4,332 -1%
FHA
7
Flagship Harbor Advisors
Massachusetts
$3.17M +$193K +19,576 +7%
AA
8
Advisory Alpha
Michigan
$2.59M -$3.25M -328,812 -57%
PAIM
9
Punch & Associates Investment Management
Minnesota
$2.46M +$18.8K +1,908 +0.8%
BA
10
Bard Associates
Illinois
$2.14M -$172K -17,370 -8%
TFF
11
The Family Firm
Maryland
$2.03M +$30.3K +3,064 +2%
FAAS
12
First Allied Advisory Services
California
$1.77M -$27.4K -2,771 -2%
AAM
13
Advisors Asset Management
Colorado
$1.73M +$1.71M +173,201 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$1.67M +$13.6K +1,374 +0.8%
BlackRock
15
BlackRock
New York
$1.5M +$1.49M +150,501 New
MAA
16
Mraz Amerine & Associates
California
$1.49M +$9.88K +1,000 +0.7%
FFA
17
First Foundation Advisors
California
$1.47M -$111K -11,273 -7%
JIP
18
Jaffetilchin Investment Partners
Florida
$1.35M -$93.5K -9,468 -7%
LPL Financial
19
LPL Financial
California
$1.26M +$14.3K +1,451 +1%
Stifel Financial
20
Stifel Financial
Missouri
$1.09M +$110K +11,097 +11%
RCM
21
Rivernorth Capital Management
Florida
$1.05M -$5.14M -520,653 -83%
Bank of America
22
Bank of America
North Carolina
$892K +$24.6K +2,493 +3%
PC
23
Pecaut & Co
Iowa
$875K +$14.9K +1,510 +2%
Brown Advisory
24
Brown Advisory
Maryland
$812K
RJA
25
Raymond James & Associates
Florida
$734K -$203K -20,510 -22%

RMT Hedge Fund Activity: Q2 2018 in Review

70 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2018, worth a combined $98.2M — down 1.2% from $99.4M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new RMT positions and 6 closed out — a net gain of 3 holders — while 31 added to existing stakes and 23 trimmed.

The largest buyer was Wells Fargo, adding an estimated $3.26M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.14M.

  • 70 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2018, up from 68 in Q1 2018.
  • Funds reported $98.2M of Royce Micro-Cap Trust stock for Q2 2018, down 1.2% quarter-over-quarter.
  • 9 funds opened new Royce Micro-Cap Trust positions in Q2 2018 and 6 closed out, a net change of +3 holders.
  • The largest Royce Micro-Cap Trust buyer in Q2 2018 was Wells Fargo, an estimated $3.26M added.
  • The largest Royce Micro-Cap Trust seller in Q2 2018 was Rivernorth Capital Management, an estimated $5.14M sold.

Based on aggregated 13F filings for Q2 2018.