Royce Value Trust
RVT
108 hedge funds and large institutions have $226M invested in Royce Value Trust in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 33 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
24% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 33
7% more funds holding
Funds holding: 101 → 108 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.22% less ownership
Funds ownership: 25.6% → 25.38% (-0.22%)
13% less capital invested
Capital invested by funds: $259M → $226M (-$32.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$3.29M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.94M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.38M |
| 4 |
Morgan Stanley
New York
|
+$1.91M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$2.71M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.5M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.43M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$696K |
| 5 |
RVPG
Relative Value Partners Group
|
-$495K |
RVT Hedge Fund Activity: Q3 2015 in Review
108 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q3 2015, worth a combined $226M — down 13% from $259M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RVT positions and 8 closed out — a net gain of 7 holders — while 41 added to existing stakes and 33 trimmed.
The largest buyer was Gramercy Funds Management, adding an estimated $3.29M. The largest seller was North Star Asset Management, cutting an estimated $2.71M.
- 108 institutional investors held Royce Value Trust (RVT) as of Q3 2015, up from 101 in Q2 2015.
- Funds reported $226M of Royce Value Trust stock for Q3 2015, down 13% quarter-over-quarter.
- 15 funds opened new Royce Value Trust positions in Q3 2015 and 8 closed out, a net change of +7 holders.
- The largest Royce Value Trust buyer in Q3 2015 was Gramercy Funds Management, an estimated $3.29M added.
- The largest Royce Value Trust seller in Q3 2015 was North Star Asset Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q3 2015.