Royce Value Trust
122 hedge funds and large institutions have $299M invested in Royce Value Trust in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 11 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
3% more capital invested
Capital invested by funds: $291M → $299M (+$8.68M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
2% less funds holding
Funds holding: 124 → 122 (-2)
2.31% less ownership
Funds ownership: 31.69% → 29.38% (-2.3%)
Top Buyers
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.39M |
| 2 |
PTCG
Pring Turner Capital Group
Alamo,
California
|
+$2.38M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.66M |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$1.56M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
126
SOL Capital Management
Rockville,
Maryland
| – | -$119K | -10,100 | Closed |
|
127
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$35K | -3,000 | Closed |
|
|
FHA
128
First Horizon Advisors
Memphis,
Tennessee
| – | -$31K | -2,600 | Closed |
|
|
SCM
129
Southport Capital Management
Chattanooga,
Tennessee
| – | -$19K | -1,652 | Closed |
|
|
TCM
130
TD Capital Management
Memphis,
Tennessee
| – | -$5K | -437 | Closed |
|
131
AssetMark Inc
Concord,
California
| – | -$4K | -310 | Closed |
|
RVT Hedge Fund Activity: Q3 2016 in Review
122 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q3 2016, worth a combined $299M — up 3% from $291M a quarter earlier.
Fund positioning in RVT was balanced in Q3 2016: 11 funds opened new positions, 11 closed out, 50 added to existing stakes and 41 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.39M. The largest seller was Morgan Stanley, cutting an estimated $7.09M.
- 122 institutional investors held Royce Value Trust (RVT) as of Q3 2016, down from 124 in Q2 2016.
- Funds reported $299M of Royce Value Trust stock for Q3 2016, up 3% quarter-over-quarter.
- 11 funds opened new Royce Value Trust positions in Q3 2016 and 11 closed out, a net change of 0 holders.
- The largest Royce Value Trust buyer in Q3 2016 was Advisors Asset Management, an estimated $3.39M added.
- The largest Royce Value Trust seller in Q3 2016 was Morgan Stanley, an estimated $7.09M sold.
Based on aggregated 13F filings for Q3 2016.