Royce Value Trust
121 hedge funds and large institutions have $305M invested in Royce Value Trust in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 55 increasing their positions, 30 reducing their positions, and 20 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 30
0.33% less ownership
Funds ownership: 23.56% → 23.23% (-0.33%)
7% less funds holding
Funds holding: 130 → 121 (-9)
19% less capital inflows, than outflows
Capital inflows: $16.9M | Capital outflows: $21M
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$3.61M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
+$2.25M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.06M |
| 4 |
Apriem Advisors
Irvine,
California
|
+$1.68M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$3.66M |
| 2 |
Proficio Capital Partners
Newton,
Massachusetts
|
-$1.82M |
| 3 |
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.64M |
| 4 |
City of London Investment Management
London,
United Kingdom
|
-$1.53M |
| 5 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.24M |
RVT Hedge Fund Activity: Q2 2018 in Review
121 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2018, worth a combined $305M — down 0.12% from $305M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of RVT and 12 opened new positions — a net loss of 8 holders — while 30 trimmed existing stakes and 55 added.
The largest buyer was Stifel Financial, adding an estimated $3.61M. The largest seller was Lazard Asset Management, cutting an estimated $3.66M.
- 121 institutional investors held Royce Value Trust (RVT) as of Q2 2018, down from 130 in Q1 2018.
- Funds reported $305M of Royce Value Trust stock for Q2 2018, down 0.12% quarter-over-quarter.
- 12 funds opened new Royce Value Trust positions in Q2 2018 and 20 closed out, a net change of -8 holders.
- The largest Royce Value Trust buyer in Q2 2018 was Stifel Financial, an estimated $3.61M added.
- The largest Royce Value Trust seller in Q2 2018 was Lazard Asset Management, an estimated $3.66M sold.
Based on aggregated 13F filings for Q2 2018.