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Royce Value Trust

101 hedge funds and large institutions have $259M invested in Royce Value Trust in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

54% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 28

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

0.27% less ownership

Funds ownership: 25.87%25.6% (-0.27%)

1% less funds holding

Funds holding: 102101 (-1)

5% less capital invested

Capital invested by funds: $271M → $259M (-$12.5M)

Holders
101
Holders Change
-1
Holders Change %
-0.98%
% of All Funds
2.72%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
13
Increased
43
Reduced
28
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$69.1M +$2.91M +204,604 +4%
Wells Fargo
2
Wells Fargo
California
$25.6M +$1.23M +86,713 +5%
RVPG
3
Relative Value Partners Group
$21.1M +$21.7M +1,526,571 New
RCM
4
Rivernorth Capital Management
Florida
$19.5M +$31.3K +2,200 +0.2%
UBS Group
5
UBS Group
Switzerland
$11.7M -$400K -28,119 -3%
GFM
6
Gramercy Funds Management
Connecticut
$10M +$31.3K +2,200 +0.3%
NSAM
7
North Star Asset Management
Wisconsin
$7.17M -$1.9M -133,392 -20%
RJA
8
Raymond James & Associates
Florida
$6.67M +$513K +36,061 +8%
Bank of America
9
Bank of America
North Carolina
$6.12M +$78.3K +5,505 +1%
GC
10
Guggenheim Capital
Illinois
$5.52M +$1.48M +103,943 +35%
Invesco
11
Invesco
Georgia
$5.12M -$424K -29,809 -7%
AAM
12
Advisors Asset Management
Colorado
$4.5M -$273K -19,168 -6%
FC
13
FCA Corp
Texas
$3.21M +$25.3K +1,776 +0.8%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$2.85M +$27.6K +1,937 +0.9%
GAI
15
General American Investors
New York
$2.79M +$58.2K +4,090 +2%
SCM
16
Sterneck Capital Management
Missouri
$2.73M -$86.7K -6,094 -3%
RIL
17
Rothschild Investment LLC
Illinois
$2.62M +$121K +8,501 +5%
WAM
18
Wolverine Asset Management
Illinois
$2.59M +$2.67M +187,696 New
SFS
19
Shaker Financial Services
Virginia
$2.39M +$1.08M +75,780 +78%
PAIM
20
Punch & Associates Investment Management
Minnesota
$2.33M +$98.6K +6,930 +4%
Stifel Financial
21
Stifel Financial
Missouri
$2.23M +$154K +10,797 +7%
Northwestern Mutual Wealth Management
22
Northwestern Mutual Wealth Management
Wisconsin
$2.23M +$210K +14,762 +10%
FAAS
23
First Allied Advisory Services
California
$2.2M +$47.7K +3,355 +2%
TJHA
24
Thomas J. Herzfeld Advisors
Florida
$2.05M +$23.9K +1,681 +1%
LPL Financial
25
LPL Financial
California
$2.01M -$1.52M -107,153 -42%

RVT Hedge Fund Activity: Q2 2015 in Review

101 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2015, worth a combined $259M — down 4.6% from $271M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new RVT positions and 12 closed out — a net gain of 1 holder — while 43 added to existing stakes and 28 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.91M. The largest seller was SG Americas Securities, exiting entirely with an estimated $4.04M sold.

  • 101 institutional investors held Royce Value Trust (RVT) as of Q2 2015, down from 102 in Q1 2015.
  • Funds reported $259M of Royce Value Trust stock for Q2 2015, down 4.6% quarter-over-quarter.
  • 13 funds opened new Royce Value Trust positions in Q2 2015 and 12 closed out, a net change of +1 holder.
  • The largest Royce Value Trust buyer in Q2 2015 was Morgan Stanley, an estimated $2.91M added.
  • The largest Royce Value Trust seller in Q2 2015 was SG Americas Securities, an estimated $4.04M sold.

Based on aggregated 13F filings for Q2 2015.