Royce Value Trust
167 hedge funds and large institutions have $613M invested in Royce Value Trust in 2021 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 63 increasing their positions, 42 reducing their positions, and 19 closing their positions.
68% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 19
50% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 42
8% more capital invested
Capital invested by funds: $569M → $613M (+$44.2M)
6% more funds holding
Funds holding: 157 → 167 (+10)
0.3% less ownership
Funds ownership: 30.59% → 30.29% (-0.3%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.64M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.87M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.43M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.33M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFS
176
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$34K | -1,900 | Closed |
|
|
TCM
177
Tradewinds Capital Management
Bellingham,
Washington
| – | -$5K | -261 | Closed |
|
178
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -199 | Closed |
|
179
Citigroup
New York
| – | -$3K | -192 | Closed |
|
|
CWA
180
Clearview Wealth Advisors
Salem,
Oregon
| – | -$3K | -183 | Closed |
|
|
GRP
181
Global Retirement Partners
San Rafael,
California
| – | -$3K | -143 | Closed |
|
|
ZB
182
Zions Bancorporation
Salt Lake City,
Utah
| – | -$3K | -143 | Closed |
|
|
FAG
183
Fortitude Advisory Group
Gig Harbor,
Washington
| – | +$76 | +4 | New |
|
RVT Hedge Fund Activity: Q4 2021 in Review
167 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q4 2021, worth a combined $613M — up 7.8% from $569M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new RVT positions and 19 closed out — a net gain of 13 holders — while 63 added to existing stakes and 42 trimmed.
The largest buyer was Bank of America, adding an estimated $5.2M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $14.6M sold.
- 167 institutional investors held Royce Value Trust (RVT) as of Q4 2021, up from 157 in Q3 2021.
- Funds reported $613M of Royce Value Trust stock for Q4 2021, up 7.8% quarter-over-quarter.
- 32 funds opened new Royce Value Trust positions in Q4 2021 and 19 closed out, a net change of +13 holders.
- The largest Royce Value Trust buyer in Q4 2021 was Bank of America, an estimated $5.2M added.
- The largest Royce Value Trust seller in Q4 2021 was Cornerstone Advisors, an estimated $14.6M sold.
Based on aggregated 13F filings for Q4 2021.