Royce Micro-Cap Trust
RMT
100 hedge funds and large institutions have $162M invested in Royce Micro-Cap Trust in 2025 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 28 reducing their positions, and 11 closing their positions.
139% more capital inflows, than outflows
Capital inflows: $14.9M | Capital outflows: $6.21M
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
43% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 28
4% more funds holding
Funds holding: 96 → 100 (+4)
2% more ownership
Funds ownership: 32.63% → 34.63% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.03M |
| 2 |
Saba Capital Management
New York
|
+$1.91M |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.89M |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
+$973K |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.36M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$1.22M |
| 3 |
Sapient Capital
Indianapolis,
Indiana
|
-$389K |
| 4 |
Logan Stone Capital
Chicago,
Illinois
|
-$331K |
| 5 |
Advisor Resource Council
Dallas,
Texas
|
-$301K |
RMT Hedge Fund Activity: Q2 2025 in Review
100 of the 7,627 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2025, worth a combined $162M — up 16% from $139M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RMT positions and 11 closed out — a net gain of 5 holders — while 40 added to existing stakes and 28 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $2.03M. The largest seller was Morgan Stanley, cutting an estimated $1.36M.
- 100 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2025, up from 96 in Q1 2025.
- Funds reported $162M of Royce Micro-Cap Trust stock for Q2 2025, up 16% quarter-over-quarter.
- 16 funds opened new Royce Micro-Cap Trust positions in Q2 2025 and 11 closed out, a net change of +5 holders.
- The largest Royce Micro-Cap Trust buyer in Q2 2025 was Polar Asset Management Partners, an estimated $2.03M added.
- The largest Royce Micro-Cap Trust seller in Q2 2025 was Morgan Stanley, an estimated $1.36M sold.
Based on aggregated 13F filings for Q2 2025.