Royce Value Trust
123 hedge funds and large institutions have $301M invested in Royce Value Trust in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 50 increasing their positions, 42 reducing their positions, and 10 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 42
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
4% more capital invested
Capital invested by funds: $291M → $301M (+$10.7M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less funds holding
Funds holding: 124 → 123 (-1)
2.11% less ownership
Funds ownership: 31.69% → 29.59% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.39M |
| 2 |
PTCG
Pring Turner Capital Group
Alamo,
California
|
+$2.38M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.66M |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.09M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$4.27M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.71M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.94M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.92M |
RVT Hedge Fund Activity: Q3 2016 in Review
123 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q3 2016, worth a combined $301M — up 3.7% from $291M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RVT positions and 10 closed out — a net gain of 1 holder — while 50 added to existing stakes and 42 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.39M. The largest seller was Morgan Stanley, cutting an estimated $7.09M.
- 123 institutional investors held Royce Value Trust (RVT) as of Q3 2016, down from 124 in Q2 2016.
- Funds reported $301M of Royce Value Trust stock for Q3 2016, up 3.7% quarter-over-quarter.
- 11 funds opened new Royce Value Trust positions in Q3 2016 and 10 closed out, a net change of +1 holder.
- The largest Royce Value Trust buyer in Q3 2016 was Advisors Asset Management, an estimated $3.39M added.
- The largest Royce Value Trust seller in Q3 2016 was Morgan Stanley, an estimated $7.09M sold.
Based on aggregated 13F filings for Q3 2016.