Royce Micro-Cap Trust
RMT
83 hedge funds and large institutions have $106M invested in Royce Micro-Cap Trust in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 34 increasing their positions, 25 reducing their positions, and 7 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 25
8% more capital inflows, than outflows
Capital inflows: $4.99M | Capital outflows: $4.62M
2% less funds holding
Funds holding: 85 → 83 (-2)
2.47% less ownership
Funds ownership: 28.87% → 26.39% (-2.5%)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.43M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
+$1.05M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$803K |
| 4 |
AQR Arbitrage
Greenwich,
Connecticut
|
+$401K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.33M |
| 2 |
Morgan Stanley
New York
|
-$878K |
| 3 |
EP Wealth Advisors
Torrance,
California
|
-$715K |
| 4 |
1607 Capital Partners
Richmond,
Virginia
|
-$245K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$184K |
RMT Hedge Fund Activity: Q3 2023 in Review
83 of the 6,317 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2023, worth a combined $106M — down 4.6% from $111M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RMT and 5 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 34 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $1.43M. The largest seller was Wells Fargo, cutting an estimated $1.33M.
- 83 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2023, down from 85 in Q2 2023.
- Funds reported $106M of Royce Micro-Cap Trust stock for Q3 2023, down 4.6% quarter-over-quarter.
- 5 funds opened new Royce Micro-Cap Trust positions in Q3 2023 and 7 closed out, a net change of -2 holders.
- The largest Royce Micro-Cap Trust buyer in Q3 2023 was Punch & Associates Investment Management, an estimated $1.43M added.
- The largest Royce Micro-Cap Trust seller in Q3 2023 was Wells Fargo, an estimated $1.33M sold.
Based on aggregated 13F filings for Q3 2023.