Royce Value Trust
143 hedge funds and large institutions have $297M invested in Royce Value Trust in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 62 increasing their positions, 40 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
55% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 40
0.96% less ownership
Funds ownership: 26.86% → 25.9% (-0.96%)
3% less capital invested
Capital invested by funds: $307M → $297M (-$9.85M)
3% less funds holding
Funds holding: 148 → 143 (-5)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.23M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.19M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.18M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.03M |
| 5 |
CPP
Crow Point Partners
Boston,
Massachusetts
|
+$834K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.64M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.34M |
| 3 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$1.3M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.28M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
151
SeaCrest Wealth Management
Purchase,
New York
| – | -$55K | -4,032 | Closed |
|
|
CJA
152
C-J Advisory
San Jose,
California
| – | -$30K | -2,161 | Closed |
|
|
NC
153
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$17K | -1,205 | Closed |
|
|
TRCT
154
Tower Research Capital (TRC)
New York
| – | -$7K | -540 | Closed |
|
|
MSA
155
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$4K | -258 | Closed |
|
|
MPWT
156
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$111 | -8 | -80% |
|
|
HNB
157
Huntington National Bank
Columbus,
Ohio
| – | +$28 | +2 | New |
|
|
TF
158
TimeScale Financial
Danvers,
Massachusetts
| – | +$69 | +5 | New |
|
159
JP Morgan Chase
New York
| – | +$125 | +9 | +450% |
|
|
RAM
160
Riggs Asset Management
Dallas,
Pennsylvania
| – | +$347 | +25 | New |
|
|
LWM
161
Liberty Wealth Management
Oakland,
California
| – | +$431 | +31 | New |
|
RVT Hedge Fund Activity: Q2 2019 in Review
143 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2019, worth a combined $297M — down 3.2% from $307M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of RVT and 17 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 62 added.
The largest buyer was Morgan Stanley, adding an estimated $1.23M. The largest seller was 1832 Asset Management, cutting an estimated $2.64M.
- 143 institutional investors held Royce Value Trust (RVT) as of Q2 2019, down from 148 in Q1 2019.
- Funds reported $297M of Royce Value Trust stock for Q2 2019, down 3.2% quarter-over-quarter.
- 17 funds opened new Royce Value Trust positions in Q2 2019 and 19 closed out, a net change of -2 holders.
- The largest Royce Value Trust buyer in Q2 2019 was Morgan Stanley, an estimated $1.23M added.
- The largest Royce Value Trust seller in Q2 2019 was 1832 Asset Management, an estimated $2.64M sold.
Based on aggregated 13F filings for Q2 2019.