Royce Value Trust
157 hedge funds and large institutions have $569M invested in Royce Value Trust in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 84 increasing their positions, 33 reducing their positions, and 21 closing their positions.
155% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 33
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
1% less ownership
Funds ownership: 31.59% → 30.59% (-1%)
5% less capital invested
Capital invested by funds: $601M → $569M (-$32.4M)
7% less funds holding
Funds holding: 168 → 157 (-11)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.87M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.83M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.71M |
| 4 |
QC
Quantedge Capital
Singapore
|
+$2.5M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$8.04M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.49M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.17M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$2.01M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Fidelity Investments
Boston,
Massachusetts
| – | +$18 | +1 | New |
|
RVT Hedge Fund Activity: Q3 2021 in Review
157 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q3 2021, worth a combined $569M — down 5.4% from $601M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RVT and 11 opened new positions — a net loss of 10 holders — while 33 trimmed existing stakes and 84 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3.87M. The largest seller was Cornerstone Advisors, cutting an estimated $8.04M.
- 157 institutional investors held Royce Value Trust (RVT) as of Q3 2021, down from 168 in Q2 2021.
- Funds reported $569M of Royce Value Trust stock for Q3 2021, down 5.4% quarter-over-quarter.
- 11 funds opened new Royce Value Trust positions in Q3 2021 and 21 closed out, a net change of -10 holders.
- The largest Royce Value Trust buyer in Q3 2021 was Parametric Portfolio Associates, an estimated $3.87M added.
- The largest Royce Value Trust seller in Q3 2021 was Cornerstone Advisors, an estimated $8.04M sold.
Based on aggregated 13F filings for Q3 2021.