Royce Value Trust
185 hedge funds and large institutions have $471M invested in Royce Value Trust in 2025 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 74 increasing their positions, 45 reducing their positions, and 20 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 45
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
1.17% more ownership
Funds ownership: 27.51% → 28.68% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 186 → 185 (-1)
6% less capital invested
Capital invested by funds: $502M → $471M (-$30.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.05M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.88M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.25M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.1M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.49M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.69M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$1.66M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.5M |
RVT Hedge Fund Activity: Q1 2025 in Review
185 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q1 2025, worth a combined $471M — down 6.1% from $502M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RVT positions and 20 closed out — a net gain of 5 holders — while 74 added to existing stakes and 45 trimmed.
The largest buyer was LPL Financial, adding an estimated $10.2M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $3.1M sold.
- 185 institutional investors held Royce Value Trust (RVT) as of Q1 2025, down from 186 in Q4 2024.
- Funds reported $471M of Royce Value Trust stock for Q1 2025, down 6.1% quarter-over-quarter.
- 25 funds opened new Royce Value Trust positions in Q1 2025 and 20 closed out, a net change of +5 holders.
- The largest Royce Value Trust buyer in Q1 2025 was LPL Financial, an estimated $10.2M added.
- The largest Royce Value Trust seller in Q1 2025 was Karpus Investment Management, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2025.