Royce Value Trust
141 hedge funds and large institutions have $214M invested in Royce Value Trust in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 40 reducing their positions, and 17 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 40
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
0% more funds holding
Funds holding: 141 → 141 (0)
0.39% less ownership
Funds ownership: 23.27% → 22.87% (-0.39%)
36% less capital invested
Capital invested by funds: $332M → $214M (-$118M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$12.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.64M |
| 3 |
MA
Menlo Advisors
Menlo Park,
California
|
+$2.36M |
| 4 |
Goldman Sachs
New York
|
+$1.56M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$23.4M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.7M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.16M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$811K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$795K |
RVT Hedge Fund Activity: Q1 2020 in Review
141 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q1 2020, worth a combined $214M — down 36% from $332M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new RVT positions and 17 closed out — a net gain of 3 holders — while 53 added to existing stakes and 40 trimmed.
The largest buyer was Bank of America, adding an estimated $12.3M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $23.4M sold.
- 141 institutional investors held Royce Value Trust (RVT) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $214M of Royce Value Trust stock for Q1 2020, down 36% quarter-over-quarter.
- 20 funds opened new Royce Value Trust positions in Q1 2020 and 17 closed out, a net change of +3 holders.
- The largest Royce Value Trust buyer in Q1 2020 was Bank of America, an estimated $12.3M added.
- The largest Royce Value Trust seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $23.4M sold.
Based on aggregated 13F filings for Q1 2020.