Royce Value Trust
174 hedge funds and large institutions have $459M invested in Royce Value Trust in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 66 increasing their positions, 47 reducing their positions, and 16 closing their positions.
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
40% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 47
7% more capital invested
Capital invested by funds: $431M → $459M (+$28.1M)
5% more funds holding
Funds holding: 166 → 174 (+8)
0.6% more ownership
Funds ownership: 26.53% → 27.13% (+0.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.4M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$3.81M |
| 3 |
Lazard Asset Management
New York
|
+$2.13M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$856K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$783K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$7M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$2.52M |
| 3 |
RL
RPO LLC
Stamford,
Connecticut
|
-$2M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.4M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$822K |
RVT Hedge Fund Activity: Q1 2024 in Review
174 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q1 2024, worth a combined $459M — up 6.5% from $431M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RVT positions and 16 closed out — a net gain of 9 holders — while 66 added to existing stakes and 47 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.4M. The largest seller was Cornerstone Advisors, cutting an estimated $7M.
- 174 institutional investors held Royce Value Trust (RVT) as of Q1 2024, up from 166 in Q4 2023.
- Funds reported $459M of Royce Value Trust stock for Q1 2024, up 6.5% quarter-over-quarter.
- 25 funds opened new Royce Value Trust positions in Q1 2024 and 16 closed out, a net change of +9 holders.
- The largest Royce Value Trust buyer in Q1 2024 was Morgan Stanley, an estimated $11.4M added.
- The largest Royce Value Trust seller in Q1 2024 was Cornerstone Advisors, an estimated $7M sold.
Based on aggregated 13F filings for Q1 2024.