Royce Value Trust
168 hedge funds and large institutions have $601M invested in Royce Value Trust in 2021 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 51 reducing their positions, and 16 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 51
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
2% more funds holding
Funds holding: 165 → 168 (+3)
4% more capital invested
Capital invested by funds: $575M → $601M (+$25.8M)
0.08% less ownership
Funds ownership: 31.67% → 31.59% (-0.08%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$10.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.75M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.62M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.31M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$972K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.84M |
| 2 |
QC
Quantedge Capital
Singapore
|
-$3.35M |
| 3 |
SCM
Saba Capital Management
New York
|
-$2.34M |
| 4 |
JRCM
Jones Road Capital Management
New York
|
-$2.27M |
| 5 |
Cohen & Steers
New York
|
-$1.67M |
RVT Hedge Fund Activity: Q2 2021 in Review
168 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2021, worth a combined $601M — up 4.5% from $575M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RVT positions and 16 closed out — a net gain of 3 holders — while 64 added to existing stakes and 51 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $10.4M. The largest seller was Morgan Stanley, cutting an estimated $8.84M.
- 168 institutional investors held Royce Value Trust (RVT) as of Q2 2021, up from 165 in Q1 2021.
- Funds reported $601M of Royce Value Trust stock for Q2 2021, up 4.5% quarter-over-quarter.
- 19 funds opened new Royce Value Trust positions in Q2 2021 and 16 closed out, a net change of +3 holders.
- The largest Royce Value Trust buyer in Q2 2021 was Cornerstone Advisors, an estimated $10.4M added.
- The largest Royce Value Trust seller in Q2 2021 was Morgan Stanley, an estimated $8.84M sold.
Based on aggregated 13F filings for Q2 2021.