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Royce Value Trust

102 hedge funds and large institutions have $271M invested in Royce Value Trust in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 46 increasing their positions, 31 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 31

0.23% less ownership

Funds ownership: 26.1%25.87% (-0.23%)

1% less capital invested

Capital invested by funds: $274M → $271M (-$2.56M)

9% less funds holding

Funds holding: 112102 (-10)

50% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 18

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
102
Holders Change
-10
Holders Change %
-8.93%
% of All Funds
2.72%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
9
Increased
46
Reduced
31
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$68.8M +$5.55M +389,168 +9%
Wells Fargo
2
Wells Fargo
California
$25.4M +$2.16M +151,107 +9%
RVP
3
Relative Value Partners
Illinois
$23.5M -$2.37M -166,233 -9%
RCM
4
Rivernorth Capital Management
Florida
$20.2M -$268K -18,800 -1%
UBS Group
5
UBS Group
Switzerland
$12.6M -$104K -7,320 -0.8%
GFM
6
Gramercy Funds Management
Connecticut
$10.3M +$61.1K +4,278 +0.6%
NSAM
7
North Star Asset Management
Wisconsin
$9.35M +$221K +15,489 +2%
RJA
8
Raymond James & Associates
Florida
$6.41M +$344K +24,107 +6%
Bank of America
9
Bank of America
North Carolina
$6.27M +$115K +8,077 +2%
Invesco
10
Invesco
Georgia
$5.74M -$322K -22,550 -5%
AAM
11
Advisors Asset Management
Colorado
$4.95M -$101K -7,102 -2%
GC
12
Guggenheim Capital
Illinois
$4.25M +$26.8K +1,880 +0.6%
SG Americas Securities
13
SG Americas Securities
New York
$4.04M +$81.5K +5,710 +2%
LPL Financial
14
LPL Financial
California
$3.62M -$724K -50,721 -17%
FC
15
FCA Corp
Texas
$3.3M +$40K +2,800 +1%
PFM
16
Parsec Financial Management
North Carolina
$2.99M +$10.8K +757 +0.4%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$2.93M -$383K -26,855 -12%
SCM
18
Sterneck Capital Management
Missouri
$2.92M +$62.2K +4,355 +2%
GAI
19
General American Investors
New York
$2.84M +$58K +4,065 +2%
RIL
20
Rothschild Investment LLC
Illinois
$2.6M +$221K +15,496 +9%
PAIM
21
Punch & Associates Investment Management
Minnesota
$2.33M +$159K +11,170 +7%
FAAS
22
First Allied Advisory Services
California
$2.24M -$269K -18,882 -11%
Stifel Financial
23
Stifel Financial
Missouri
$2.17M +$295K +20,690 +16%
TJHA
24
Thomas J. Herzfeld Advisors
Florida
$2.1M +$23.9K +1,673 +1%
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$2.1M +$78.3K +5,487 +4%

RVT Hedge Fund Activity: Q1 2015 in Review

102 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q1 2015, worth a combined $271M — down 0.94% from $274M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of RVT and 9 opened new positions — a net loss of 9 holders — while 31 trimmed existing stakes and 46 added.

The largest buyer was Morgan Stanley, adding an estimated $5.55M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $4.26M sold.

  • 102 institutional investors held Royce Value Trust (RVT) as of Q1 2015, down from 112 in Q4 2014.
  • Funds reported $271M of Royce Value Trust stock for Q1 2015, down 0.94% quarter-over-quarter.
  • 9 funds opened new Royce Value Trust positions in Q1 2015 and 18 closed out, a net change of -9 holders.
  • The largest Royce Value Trust buyer in Q1 2015 was Morgan Stanley, an estimated $5.55M added.
  • The largest Royce Value Trust seller in Q1 2015 was Weiss Asset Management, an estimated $4.26M sold.

Based on aggregated 13F filings for Q1 2015.