Royce Value Trust
197 hedge funds and large institutions have $562M invested in Royce Value Trust in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 82 increasing their positions, 46 reducing their positions, and 16 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 46
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
10% more capital invested
Capital invested by funds: $511M → $562M (+$51.6M)
4% more funds holding
Funds holding: 189 → 197 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 29.43% → 29.16% (-0.27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$22.1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$9.17M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$8.9M |
| 4 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
+$3.11M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.3M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$5.02M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.88M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$4.64M |
| 5 |
Morgan Stanley
New York
|
-$4.34M |
RVT Hedge Fund Activity: Q3 2025 in Review
197 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q3 2025, worth a combined $562M — up 10% from $511M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new RVT positions and 16 closed out — a net gain of 11 holders — while 82 added to existing stakes and 46 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $22.1M. The largest seller was Bank of America, cutting an estimated $7.3M.
- 197 institutional investors held Royce Value Trust (RVT) as of Q3 2025, up from 189 in Q2 2025.
- Funds reported $562M of Royce Value Trust stock for Q3 2025, up 10% quarter-over-quarter.
- 27 funds opened new Royce Value Trust positions in Q3 2025 and 16 closed out, a net change of +11 holders.
- The largest Royce Value Trust buyer in Q3 2025 was Saba Capital Management, an estimated $22.1M added.
- The largest Royce Value Trust seller in Q3 2025 was Bank of America, an estimated $7.3M sold.
Based on aggregated 13F filings for Q3 2025.