Royce Value Trust
107 hedge funds and large institutions have $325M invested in Royce Value Trust in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 49 increasing their positions, 29 reducing their positions, and 10 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 29
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1.41% more ownership
Funds ownership: 27.67% → 29.08% (+1.4%)
3% more capital invested
Capital invested by funds: $315M → $325M (+$10.4M)
0% more funds holding
Funds holding: 107 → 107 (0)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| 1 |
MCM
Moore Capital Management
New York
|
+$12.1M |
| 2 |
Morgan Stanley
New York
|
+$5.03M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.69M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.68M |
| 5 |
PFM
Parsec Financial Management
Asheville,
North Carolina
|
+$3.42M |
Top Sellers
| 1 |
Lazard Asset Management
New York
|
-$6.55M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.52M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.58M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.57M |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$1.24M |
RVT Hedge Fund Activity: Q1 2014 in Review
107 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q1 2014, worth a combined $325M — up 3.3% from $315M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RVT positions and 10 closed out — a net gain of 1 holder — while 49 added to existing stakes and 29 trimmed.
The largest buyer was Moore Capital Management, opening a new position worth an estimated $12.1M. The largest seller was Lazard Asset Management, cutting an estimated $6.55M.
- 107 institutional investors held Royce Value Trust (RVT) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $325M of Royce Value Trust stock for Q1 2014, up 3.3% quarter-over-quarter.
- 11 funds opened new Royce Value Trust positions in Q1 2014 and 10 closed out, a net change of +1 holder.
- The largest Royce Value Trust buyer in Q1 2014 was Moore Capital Management, an estimated $12.1M added.
- The largest Royce Value Trust seller in Q1 2014 was Lazard Asset Management, an estimated $6.55M sold.
Based on aggregated 13F filings for Q1 2014.