Royce Value Trust
146 hedge funds and large institutions have $388M invested in Royce Value Trust in 2022 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 58 increasing their positions, 42 reducing their positions, and 22 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.12% less ownership
Funds ownership: 28.03% → 26.9% (-1.1%)
4% less funds holding
Funds holding: 152 → 146 (-6)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
21% less capital invested
Capital invested by funds: $492M → $388M (-$104M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23M |
| 2 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$5.09M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.35M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.32M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$3.74M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.06M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.66M |
| 4 |
Cohen & Steers
New York
|
-$1.6M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.2M |
RVT Hedge Fund Activity: Q2 2022 in Review
146 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2022, worth a combined $388M — down 21% from $492M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RVT and 18 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 58 added.
The largest buyer was Morgan Stanley, adding an estimated $23M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $3.74M sold.
- 146 institutional investors held Royce Value Trust (RVT) as of Q2 2022, down from 152 in Q1 2022.
- Funds reported $388M of Royce Value Trust stock for Q2 2022, down 21% quarter-over-quarter.
- 18 funds opened new Royce Value Trust positions in Q2 2022 and 22 closed out, a net change of -4 holders.
- The largest Royce Value Trust buyer in Q2 2022 was Morgan Stanley, an estimated $23M added.
- The largest Royce Value Trust seller in Q2 2022 was Punch & Associates Investment Management, an estimated $3.74M sold.
Based on aggregated 13F filings for Q2 2022.