Royce Micro-Cap Trust
RMT
99 hedge funds and large institutions have $205M invested in Royce Micro-Cap Trust in 2021 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 26 reducing their positions, and 16 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 26
14% more capital invested
Capital invested by funds: $180M → $205M (+$25.7M)
0.79% less ownership
Funds ownership: 36.89% → 36.1% (-0.79%)
5% less funds holding
Funds holding: 104 → 99 (-5)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.52M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.28M |
| 3 |
BA
Bard Associates
Chicago,
Illinois
|
+$1.07M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.05M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$823K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$5.07M |
| 2 |
Morgan Stanley
New York
|
-$3.43M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.66M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$878K |
| 5 |
JRCM
Jones Road Capital Management
New York
|
-$735K |
RMT Hedge Fund Activity: Q2 2021 in Review
99 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2021, worth a combined $205M — up 14% from $180M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RMT and 11 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 43 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.52M. The largest seller was Punch & Associates Investment Management, cutting an estimated $5.07M.
- 99 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2021, down from 104 in Q1 2021.
- Funds reported $205M of Royce Micro-Cap Trust stock for Q2 2021, up 14% quarter-over-quarter.
- 11 funds opened new Royce Micro-Cap Trust positions in Q2 2021 and 16 closed out, a net change of -5 holders.
- The largest Royce Micro-Cap Trust buyer in Q2 2021 was Advisors Asset Management, an estimated $1.52M added.
- The largest Royce Micro-Cap Trust seller in Q2 2021 was Punch & Associates Investment Management, an estimated $5.07M sold.
Based on aggregated 13F filings for Q2 2021.