Royce Value Trust
RVT
152 hedge funds and large institutions have $492M invested in Royce Value Trust in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 59 increasing their positions, 48 reducing their positions, and 23 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 48
2.26% less ownership
Funds ownership: 30.29% → 28.03% (-2.3%)
9% less funds holding
Funds holding: 167 → 152 (-15)
20% less capital invested
Capital invested by funds: $613M → $492M (-$121M)
48% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.13M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.36M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.38M |
| 4 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$1.34M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.24M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$11.2M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$9.89M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$9.22M |
| 4 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$4.95M |
| 5 |
Cohen & Steers
New York
|
-$3.94M |
RVT Hedge Fund Activity: Q1 2022 in Review
152 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q1 2022, worth a combined $492M — down 20% from $613M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of RVT and 12 opened new positions — a net loss of 11 holders — while 48 trimmed existing stakes and 59 added.
The largest buyer was Bank of America, adding an estimated $3.13M. The largest seller was Morgan Stanley, cutting an estimated $11.2M.
- 152 institutional investors held Royce Value Trust (RVT) as of Q1 2022, down from 167 in Q4 2021.
- Funds reported $492M of Royce Value Trust stock for Q1 2022, down 20% quarter-over-quarter.
- 12 funds opened new Royce Value Trust positions in Q1 2022 and 23 closed out, a net change of -11 holders.
- The largest Royce Value Trust buyer in Q1 2022 was Bank of America, an estimated $3.13M added.
- The largest Royce Value Trust seller in Q1 2022 was Morgan Stanley, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2022.