Royce Value Trust
RVT
101 hedge funds and large institutions have $259M invested in Royce Value Trust in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
54% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 28
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.27% less ownership
Funds ownership: 25.87% → 25.6% (-0.27%)
1% less funds holding
Funds holding: 102 → 101 (-1)
5% less capital invested
Capital invested by funds: $271M → $259M (-$12.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.91M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.67M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.48M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.23M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$4.04M |
| 2 |
PFM
Parsec Financial Management
Asheville,
North Carolina
|
-$2.56M |
| 3 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$1.9M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.52M |
| 5 |
CFN
Cordasco Financial Network
Naples,
Florida
|
-$839K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
M&T Bank
Buffalo,
New York
| – | -$328K | -22,882 | Closed |
|
|
FNBT
102
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$238K | -16,640 | Closed |
|
|
TC
103
TFS Capital
West Chester,
Pennsylvania
| – | -$197K | -13,766 | Closed |
|
|
PAG
104
Private Advisor Group
Morristown,
New Jersey
| – | -$154K | -10,735 | Closed |
|
|
FCCM
105
First City Capital Management
Savannah,
Georgia
| – | -$36.9K | -2,579 | Closed |
|
|
WRM
106
Westport Resources Management
Westport,
Connecticut
| – | -$25K | -1,724 | Closed |
|
|
TFA
107
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$4K | -261 | Closed |
|
|
BAM
108
Barrett Asset Management
New York
| – | -$3K | -197 | Closed |
|
|
SSB
109
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -100 | Closed |
|
|
TWA
110
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -63 | Closed |
|
|
KTC
111
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$213 | -15 | -94% |
|
|
BCI
112
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$285 | +20 | New |
|
RVT Hedge Fund Activity: Q2 2015 in Review
101 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2015, worth a combined $259M — down 4.6% from $271M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RVT positions and 12 closed out — a net gain of 1 holder — while 43 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.91M. The largest seller was SG Americas Securities, exiting entirely with an estimated $4.04M sold.
- 101 institutional investors held Royce Value Trust (RVT) as of Q2 2015, down from 102 in Q1 2015.
- Funds reported $259M of Royce Value Trust stock for Q2 2015, down 4.6% quarter-over-quarter.
- 13 funds opened new Royce Value Trust positions in Q2 2015 and 12 closed out, a net change of +1 holder.
- The largest Royce Value Trust buyer in Q2 2015 was Morgan Stanley, an estimated $2.91M added.
- The largest Royce Value Trust seller in Q2 2015 was SG Americas Securities, an estimated $4.04M sold.
Based on aggregated 13F filings for Q2 2015.