Royce Micro-Cap Trust
RMT
89 hedge funds and large institutions have $101M invested in Royce Micro-Cap Trust in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 44 increasing their positions, 25 reducing their positions, and 5 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 25
15% more capital invested
Capital invested by funds: $88.2M → $101M (+$13.3M)
1.99% more ownership
Funds ownership: 28.71% → 30.7% (+2%)
0% more funds holding
Funds holding: 89 → 89 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.64M |
| 2 |
Morgan Stanley
New York
|
+$2.71M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.18M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$741K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$2.77M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$1.19M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$686K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$482K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$482K |
RMT Hedge Fund Activity: Q3 2020 in Review
89 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2020, worth a combined $101M — up 15% from $88.2M a quarter earlier.
Fund positioning in RMT was balanced in Q3 2020: 5 funds opened new positions, 5 closed out, 44 added to existing stakes and 25 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $3.64M. The largest seller was First Allied Advisory Services, exiting entirely with an estimated $2.77M sold.
- 89 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $101M of Royce Micro-Cap Trust stock for Q3 2020, up 15% quarter-over-quarter.
- 5 funds opened new Royce Micro-Cap Trust positions in Q3 2020 and 5 closed out, a net change of 0 holders.
- The largest Royce Micro-Cap Trust buyer in Q3 2020 was Cornerstone Advisors, an estimated $3.64M added.
- The largest Royce Micro-Cap Trust seller in Q3 2020 was First Allied Advisory Services, an estimated $2.77M sold.
Based on aggregated 13F filings for Q3 2020.