Royce Value Trust
158 hedge funds and large institutions have $382M invested in Royce Value Trust in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 69 increasing their positions, 38 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
82% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 38
4% more capital invested
Capital invested by funds: $368M → $382M (+$13.7M)
0.34% more ownership
Funds ownership: 26.43% → 26.78% (+0.34%)
5% less funds holding
Funds holding: 166 → 158 (-8)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.42M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.05M |
| 3 |
RL
RPO LLC
Stamford,
Connecticut
|
+$2.47M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.92M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.82M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.58M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.02M |
| 4 |
Morgan Stanley
New York
|
-$1.42M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.33M |
RVT Hedge Fund Activity: Q2 2023 in Review
158 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2023, worth a combined $382M — up 3.7% from $368M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RVT and 16 opened new positions — a net loss of 6 holders — while 38 trimmed existing stakes and 69 added.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $4.42M. The largest seller was Wells Fargo, cutting an estimated $3.82M.
- 158 institutional investors held Royce Value Trust (RVT) as of Q2 2023, down from 166 in Q1 2023.
- Funds reported $382M of Royce Value Trust stock for Q2 2023, up 3.7% quarter-over-quarter.
- 16 funds opened new Royce Value Trust positions in Q2 2023 and 22 closed out, a net change of -6 holders.
- The largest Royce Value Trust buyer in Q2 2023 was Cornerstone Advisors, an estimated $4.42M added.
- The largest Royce Value Trust seller in Q2 2023 was Wells Fargo, an estimated $3.82M sold.
Based on aggregated 13F filings for Q2 2023.