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RMT

Royce Micro-Cap Trust

81 hedge funds and large institutions have $96.3M invested in Royce Micro-Cap Trust in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

19% more capital invested

Capital invested by funds: $80.8M → $96.3M (+$15.5M)

11% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 28

1.86% more ownership

Funds ownership: 25.45%27.31% (+1.9%)

1% more funds holding

Funds holding: 8081 (+1)

Holders
81
Holders Change
+1
Holders Change %
+1.25%
% of All Funds
1.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
31
Reduced
28
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$11.5M +$1.88M +230,383 +21%
HKAM
2
Horizon Kinetics Asset Management
New York
$10.9M -$1.07M -131,476 -9%
AAM
3
Advisors Asset Management
Colorado
$6.83M +$1.75M +213,752 +36%
UBS Group
4
UBS Group
Switzerland
$6.68M -$66.1K -8,088 -1%
RCM
5
Rivernorth Capital Management
Florida
$5.65M +$1.66M +203,672 +44%
Morgan Stanley
6
Morgan Stanley
New York
$4.97M +$546K +66,857 +13%
PAIM
7
Punch & Associates Investment Management
Minnesota
$4.49M +$72.4K +8,860 +2%
CA
8
Cornerstone Advisors
North Carolina
$4.02M +$3.85M +470,628 New
FAAS
9
First Allied Advisory Services
California
$3.75M -$27.6K -3,376 -0.8%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$3.21M +$309K +37,838 +11%
FC
11
FCA Corp
Texas
$2.87M -$12.3K -1,504 -0.4%
SFS
12
Shaker Financial Services
Virginia
$2.75M -$1.31M -159,824 -33%
FHA
13
Flagship Harbor Advisors
Massachusetts
$2.49M -$9.76K -1,194 -0.4%
TFF
14
The Family Firm
Maryland
$2.25M +$10.3K +1,261 +0.5%
WAM
15
Wolverine Asset Management
Illinois
$1.95M +$59.2K +7,249 +3%
BA
16
Bard Associates
Illinois
$1.65M -$40K -4,900 -2%
PPA
17
Parametric Portfolio Associates
Washington
$1.23M +$246K +30,125 +27%
MAA
18
Mraz Amerine & Associates
California
$1.2M -$1.08K -132 -0.1%
FAIM
19
Financial Advocates Investment Management
Washington
$1.05M +$70.7K +8,655 +8%
LPL Financial
20
LPL Financial
California
$969K -$289K -35,380 -24%
LCM
21
Landscape Capital Management
New Jersey
$932K +$892K +109,133 New
Bank of America
22
Bank of America
North Carolina
$817K -$543K -66,472 -41%
FFA
23
First Foundation Advisors
California
$761K -$67.5K -8,257 -8%
Brown Advisory
24
Brown Advisory
Maryland
$678K
RJA
25
Raymond James & Associates
Florida
$612K -$11.6K -1,417 -2%

RMT Hedge Fund Activity: Q4 2019 in Review

81 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2019, worth a combined $96.3M — up 19% from $80.8M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new RMT positions and 10 closed out — a net gain of 2 holders — while 31 added to existing stakes and 28 trimmed.

The largest buyer was Wells Fargo, adding an estimated $1.88M. The largest seller was Geode Capital Management, cutting an estimated $1.45M.

  • 81 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2019, up from 80 in Q3 2019.
  • Funds reported $96.3M of Royce Micro-Cap Trust stock for Q4 2019, up 19% quarter-over-quarter.
  • 12 funds opened new Royce Micro-Cap Trust positions in Q4 2019 and 10 closed out, a net change of +2 holders.
  • The largest Royce Micro-Cap Trust buyer in Q4 2019 was Wells Fargo, an estimated $1.88M added.
  • The largest Royce Micro-Cap Trust seller in Q4 2019 was Geode Capital Management, an estimated $1.45M sold.

Based on aggregated 13F filings for Q4 2019.