Royce Micro-Cap Trust
RMT
95 hedge funds and large institutions have $180M invested in Royce Micro-Cap Trust in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 44 increasing their positions, 32 reducing their positions, and 8 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.71% less ownership
Funds ownership: 36.1% → 35.39% (-0.71%)
4% less funds holding
Funds holding: 99 → 95 (-4)
13% less capital invested
Capital invested by funds: $205M → $180M (-$25.7M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.42M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.39M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$744K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$654K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.61M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.6M |
| 3 |
Morgan Stanley
New York
|
-$1.43M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$619K |
| 5 |
Citigroup
New York
|
-$401K |
RMT Hedge Fund Activity: Q3 2021 in Review
95 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2021, worth a combined $180M — down 13% from $205M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RMT and 4 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 44 added.
The largest buyer was Wells Fargo, adding an estimated $2.42M. The largest seller was Karpus Investment Management, cutting an estimated $2.61M.
- 95 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2021, down from 99 in Q2 2021.
- Funds reported $180M of Royce Micro-Cap Trust stock for Q3 2021, down 13% quarter-over-quarter.
- 4 funds opened new Royce Micro-Cap Trust positions in Q3 2021 and 8 closed out, a net change of -4 holders.
- The largest Royce Micro-Cap Trust buyer in Q3 2021 was Wells Fargo, an estimated $2.42M added.
- The largest Royce Micro-Cap Trust seller in Q3 2021 was Karpus Investment Management, an estimated $2.61M sold.
Based on aggregated 13F filings for Q3 2021.