Royce Value Trust
169 hedge funds and large institutions have $619M invested in Royce Value Trust in 2021 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 52 reducing their positions, and 15 closing their positions.
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
23% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 52
7% more capital invested
Capital invested by funds: $576M → $619M (+$42.3M)
2% more funds holding
Funds holding: 165 → 169 (+4)
0.04% more ownership
Funds ownership: 31.67% → 31.71% (+0.04%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$10.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.75M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.62M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.31M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$972K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.84M |
| 2 |
SCM
Saba Capital Management
New York
|
-$2.34M |
| 3 |
JRCM
Jones Road Capital Management
New York
|
-$2.27M |
| 4 |
Cohen & Steers
New York
|
-$1.67M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.46M |
RVT Hedge Fund Activity: Q2 2021 in Review
169 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2021, worth a combined $619M — up 7.3% from $576M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RVT positions and 15 closed out — a net gain of 4 holders — while 64 added to existing stakes and 52 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $10.4M. The largest seller was Morgan Stanley, cutting an estimated $8.84M.
- 169 institutional investors held Royce Value Trust (RVT) as of Q2 2021, up from 165 in Q1 2021.
- Funds reported $619M of Royce Value Trust stock for Q2 2021, up 7.3% quarter-over-quarter.
- 19 funds opened new Royce Value Trust positions in Q2 2021 and 15 closed out, a net change of +4 holders.
- The largest Royce Value Trust buyer in Q2 2021 was Cornerstone Advisors, an estimated $10.4M added.
- The largest Royce Value Trust seller in Q2 2021 was Morgan Stanley, an estimated $8.84M sold.
Based on aggregated 13F filings for Q2 2021.