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RMT

Royce Micro-Cap Trust

89 hedge funds and large institutions have $88.2M invested in Royce Micro-Cap Trust in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 36 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 5

37% more capital invested

Capital invested by funds: $64.2M → $88.2M (+$24M)

6% more funds holding

Funds holding: 8489 (+5)

0.78% more ownership

Funds ownership: 27.93%28.71% (+0.78%)

17% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 36

Holders
89
Holders Change
+5
Holders Change %
+5.95%
% of All Funds
1.82%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
30
Reduced
36
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.45M +$4.41M +664,529 +103%
PAIM
2
Punch & Associates Investment Management
Minnesota
$6.77M +$1.71M +257,354 +38%
AAM
3
Advisors Asset Management
Colorado
$6.3M -$326K -49,150 -5%
Wells Fargo
4
Wells Fargo
California
$6.03M -$2.26M -340,313 -29%
RCM
5
Rivernorth Capital Management
Florida
$5.65M +$5.05K +761 +0.1%
UBS Group
6
UBS Group
Switzerland
$5.64M -$171K -25,853 -3%
HKAM
7
Horizon Kinetics Asset Management
New York
$4.85M -$3.41M -513,995 -43%
1CP
8
1607 Capital Partners
Virginia
$3.37M +$3.11M +468,489 New
SFS
9
Shaker Financial Services
Virginia
$2.93M -$3.4K -513 -0.1%
FAAS
10
First Allied Advisory Services
California
$2.77M -$423K -63,845 -14%
FC
11
FCA Corp
Texas
$2.24M -$49.3K -7,428 -2%
WAM
12
Wolverine Asset Management
Illinois
$2.01M +$1.83M +276,460 +10,239%
FHA
13
Flagship Harbor Advisors
Massachusetts
$1.94M -$163K -24,611 -8%
TFF
14
The Family Firm
Maryland
$1.86M -$156K -23,564 -8%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.86M -$1.44M -217,084 -46%
Bank of America
16
Bank of America
North Carolina
$1.63M +$22.5K +3,386 +2%
CA
17
Cornerstone Advisors
North Carolina
$1.55M +$550K +82,891 +62%
BA
18
Bard Associates
Illinois
$1.32M -$13.3K -2,000 -1%
BBPWM
19
Blue Bell Private Wealth Management
Pennsylvania
$1.02M +$561K +84,634 +149%
MAA
20
Mraz Amerine & Associates
California
$1.01M +$836 +126 +0.1%
FWM
21
Frontier Wealth Management
Missouri
$950K +$876K +132,011 New
PPA
22
Parametric Portfolio Associates
Washington
$927K +$3.61K +544 +0.4%
DA
23
Doliver Advisors
Texas
$807K +$138K +20,811 +23%
FAIM
24
Financial Advocates Investment Management
Washington
$790K -$50.5K -7,611 -6%
LPL Financial
25
LPL Financial
California
$715K +$15.3K +2,304 +2%

RMT Hedge Fund Activity: Q2 2020 in Review

89 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2020, worth a combined $88.2M — up 37% from $64.2M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new RMT positions and 5 closed out — a net gain of 6 holders — while 30 added to existing stakes and 36 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $4.41M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $3.41M.

  • 89 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2020, up from 84 in Q1 2020.
  • Funds reported $88.2M of Royce Micro-Cap Trust stock for Q2 2020, up 37% quarter-over-quarter.
  • 11 funds opened new Royce Micro-Cap Trust positions in Q2 2020 and 5 closed out, a net change of +6 holders.
  • The largest Royce Micro-Cap Trust buyer in Q2 2020 was Morgan Stanley, an estimated $4.41M added.
  • The largest Royce Micro-Cap Trust seller in Q2 2020 was Horizon Kinetics Asset Management, an estimated $3.41M sold.

Based on aggregated 13F filings for Q2 2020.