Royce Value Trust
161 hedge funds and large institutions have $370M invested in Royce Value Trust in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 64 increasing their positions, 43 reducing their positions, and 12 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 43
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
2% more funds holding
Funds holding: 158 → 161 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $382M → $370M (-$12.1M)
1.04% less ownership
Funds ownership: 26.78% → 25.73% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.9M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.69M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.92M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.42M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$820K |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
-$544K |
| 4 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$489K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$436K |
RVT Hedge Fund Activity: Q3 2023 in Review
161 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q3 2023, worth a combined $370M — down 3.2% from $382M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RVT positions and 12 closed out — a net gain of 4 holders — while 64 added to existing stakes and 43 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $3.9M. The largest seller was Morgan Stanley, cutting an estimated $2.42M.
- 161 institutional investors held Royce Value Trust (RVT) as of Q3 2023, up from 158 in Q2 2023.
- Funds reported $370M of Royce Value Trust stock for Q3 2023, down 3.2% quarter-over-quarter.
- 16 funds opened new Royce Value Trust positions in Q3 2023 and 12 closed out, a net change of +4 holders.
- The largest Royce Value Trust buyer in Q3 2023 was Cornerstone Advisors, an estimated $3.9M added.
- The largest Royce Value Trust seller in Q3 2023 was Morgan Stanley, an estimated $2.42M sold.
Based on aggregated 13F filings for Q3 2023.