Royce Value Trust
94 hedge funds and large institutions have $295M invested in Royce Value Trust in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 45 increasing their positions, 28 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
61% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 28
6% more capital invested
Capital invested by funds: $278M → $295M (+$17.2M)
6% more funds holding
Funds holding: 89 → 94 (+5)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.53% less ownership
Funds ownership: 28.74% → 28.22% (-0.53%)
Top Buyers
| 1 |
Lazard Asset Management
New York
|
+$6.49M |
| 2 |
Morgan Stanley
New York
|
+$1.66M |
| 3 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$1.41M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$659K |
| 5 |
LPL Financial
San Diego,
California
|
+$578K |
Top Sellers
RVT Hedge Fund Activity: Q3 2013 in Review
94 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q3 2013, worth a combined $295M — up 6.2% from $278M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RVT positions and 2 closed out — a net gain of 6 holders — while 45 added to existing stakes and 28 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $6.49M. The largest seller was Gramercy Funds Management, cutting an estimated $4.87M.
- 94 institutional investors held Royce Value Trust (RVT) as of Q3 2013, up from 89 in Q2 2013.
- Funds reported $295M of Royce Value Trust stock for Q3 2013, up 6.2% quarter-over-quarter.
- 8 funds opened new Royce Value Trust positions in Q3 2013 and 2 closed out, a net change of +6 holders.
- The largest Royce Value Trust buyer in Q3 2013 was Lazard Asset Management, an estimated $6.49M added.
- The largest Royce Value Trust seller in Q3 2013 was Gramercy Funds Management, an estimated $4.87M sold.
Based on aggregated 13F filings for Q3 2013.