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Royce Micro-Cap Trust

98 hedge funds and large institutions have $203M invested in Royce Micro-Cap Trust in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 13

27% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 26

8% more capital invested

Capital invested by funds: $187M → $203M (+$15.6M)

4% more funds holding

Funds holding: 9498 (+4)

2.69% more ownership

Funds ownership: 34.24%36.94% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
98
Holders Change
+4
Holders Change %
+4.26%
% of All Funds
1.19%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
33
Reduced
26
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$27.7M +$732K +70,439 +3%
SCM
2
Saba Capital Management
New York
$27.3M +$12.5M +1,206,828 +86%
MWM
3
Modern Wealth Management
Kansas
$11M -$309K -29,703 -3%
LPL Financial
4
LPL Financial
California
$10.7M +$2.21M +212,322 +26%
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$10.5M +$407K +39,186 +4%
ARA
6
Alexander Randolph Advisory
Virginia
$10.1M +$191K +18,353 +2%
RCM
7
Rivernorth Capital Management
Florida
$9.32M +$575K +55,345 +7%
UBS Group
8
UBS Group
Switzerland
$9.27M -$1.61M -155,076 -15%
SFS
9
Shaker Financial Services
Virginia
$8.65M -$825K -79,376 -9%
PAIM
10
Punch & Associates Investment Management
Minnesota
$6.42M -$7.58K -730 -0.1%
Bank of America
11
Bank of America
North Carolina
$5.87M +$329K +31,639 +6%
BBPWM
12
Blue Bell Private Wealth Management
Pennsylvania
$5.85M +$430K +41,438 +8%
FHA
13
Flagship Harbor Advisors
Massachusetts
$5.5M +$117K +11,218 +2%
Wells Fargo
14
Wells Fargo
California
$5.38M -$1.03M -99,339 -16%
MAA
15
Mraz Amerine & Associates
California
$3.71M -$20.1K -1,938 -0.5%
Raymond James Financial
16
Raymond James Financial
Florida
$3.36M -$18.6K -1,790 -0.6%
FC
17
FCA Corp
Texas
$3.21M -$48.8K -4,696 -2%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$2.5M +$243K +23,382 +11%
CA
19
Clearstead Advisors
Ohio
$2.18M -$65.2K -6,275 -3%
WAM
20
Wolverine Asset Management
Illinois
$2.07M -$1.65M -158,611 -44%
BPA
21
Beacon Pointe Advisors
California
$2.04M +$2.03M +195,178 New
HKAM
22
Horizon Kinetics Asset Management
New York
$1.4M
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$1.34M +$87.5K +8,421 +7%
MC
24
Moors & Cabot
Massachusetts
$1.24M +$32K +3,085 +3%
EPW
25
Evolve Private Wealth
California
$1.22M +$1.21M +116,848 New