Royce Micro-Cap Trust
RMT
84 hedge funds and large institutions have $64.2M invested in Royce Micro-Cap Trust in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
4% more funds holding
Funds holding: 81 → 84 (+3)
0.62% more ownership
Funds ownership: 27.31% → 27.93% (+0.62%)
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
33% less capital invested
Capital invested by funds: $96.3M → $64.2M (-$32.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.21M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$985K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$956K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$945K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$767K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.6M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.74M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.29M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$712K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$654K |
RMT Hedge Fund Activity: Q1 2020 in Review
84 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q1 2020, worth a combined $64.2M — down 33% from $96.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RMT positions and 6 closed out — a net gain of 6 holders — while 31 added to existing stakes and 32 trimmed.
The largest buyer was Punch & Associates Investment Management, adding an estimated $1.21M. The largest seller was Cornerstone Advisors, cutting an estimated $2.6M.
- 84 institutional investors held Royce Micro-Cap Trust (RMT) as of Q1 2020, up from 81 in Q4 2019.
- Funds reported $64.2M of Royce Micro-Cap Trust stock for Q1 2020, down 33% quarter-over-quarter.
- 12 funds opened new Royce Micro-Cap Trust positions in Q1 2020 and 6 closed out, a net change of +6 holders.
- The largest Royce Micro-Cap Trust buyer in Q1 2020 was Punch & Associates Investment Management, an estimated $1.21M added.
- The largest Royce Micro-Cap Trust seller in Q1 2020 was Cornerstone Advisors, an estimated $2.6M sold.
Based on aggregated 13F filings for Q1 2020.