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Royce Value Trust

135 hedge funds and large institutions have $313M invested in Royce Value Trust in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 42 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more capital invested

Capital invested by funds: $214M → $313M (+$98.8M)

21% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 42

2.18% more ownership

Funds ownership: 22.87%25.06% (+2.2%)

4% less funds holding

Funds holding: 141135 (-6)

25% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 20

Holders
135
Holders Change
-6
Holders Change %
-4.26%
% of All Funds
2.77%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
51
Reduced
42
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$64.6M +$5.7M +497,225 +11%
Bank of America
2
Bank of America
North Carolina
$26.7M +$4.03M +351,853 +20%
Wells Fargo
3
Wells Fargo
California
$23.4M -$1.19M -104,043 -5%
RJA
4
Raymond James & Associates
Florida
$19.2M -$451K -39,303 -3%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$17.7M +$16.2M +1,413,152 New
UBS Group
6
UBS Group
Switzerland
$15.2M +$3.59M +312,858 +35%
AAM
7
Advisors Asset Management
Colorado
$9.36M -$836K -72,969 -9%
PPA
8
Parametric Portfolio Associates
Washington
$9.13M -$344K -30,041 -4%
PAIM
9
Punch & Associates Investment Management
Minnesota
$8.78M +$4.12M +359,399 +105%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$8.49M +$1.68M +146,353 +28%
SCM
11
Saba Capital Management
New York
$5.58M +$5.1M +444,979 New
Stifel Financial
12
Stifel Financial
Missouri
$5.14M +$1.53M +133,713 +48%
BBPWM
13
Blue Bell Private Wealth Management
Pennsylvania
$4.81M +$59.4K +5,185 +1%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$4.76M +$370K +32,283 +9%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$4.58M +$1.13M +98,400 +36%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$4.17M +$1.17M +102,456 +44%
1CP
17
1607 Capital Partners
Virginia
$3.62M +$746K +65,098 +29%
Lazard Asset Management
18
Lazard Asset Management
New York
$3.62M
OC
19
Oppenheimer & Co
New York
$3.27M -$92.1K -8,031 -3%
LPL Financial
20
LPL Financial
California
$3.24M +$252K +21,975 +9%
FWM
21
Frontier Wealth Management
Missouri
$2.93M +$2.68M +233,782 New
GC
22
Guggenheim Capital
Illinois
$2.88M -$396K -34,531 -13%
RIL
23
Rothschild Investment LLC
Illinois
$2.81M -$45.2K -3,945 -2%
DADC
24
D.A. Davidson & Co
Montana
$2.64M +$59K +5,151 +3%
GAI
25
General American Investors
New York
$2.48M

RVT Hedge Fund Activity: Q2 2020 in Review

135 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2020, worth a combined $313M — up 46% from $214M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of RVT and 15 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 51 added.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $16.2M. The largest seller was First Allied Advisory Services, cutting an estimated $7.45M.

  • 135 institutional investors held Royce Value Trust (RVT) as of Q2 2020, down from 141 in Q1 2020.
  • Funds reported $313M of Royce Value Trust stock for Q2 2020, up 46% quarter-over-quarter.
  • 15 funds opened new Royce Value Trust positions in Q2 2020 and 20 closed out, a net change of -5 holders.
  • The largest Royce Value Trust buyer in Q2 2020 was Raymond James Financial Services Advisors, an estimated $16.2M added.
  • The largest Royce Value Trust seller in Q2 2020 was First Allied Advisory Services, an estimated $7.45M sold.

Based on aggregated 13F filings for Q2 2020.