Royce Value Trust
202 hedge funds and large institutions have $602M invested in Royce Value Trust in 2026 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 89 increasing their positions, 43 reducing their positions, and 24 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 43
29% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 24
3% more capital invested
Capital invested by funds: $583M → $602M (+$19.6M)
0% more funds holding
Funds holding: 201 → 202 (+1)
0.03% more ownership
Funds ownership: 30.2% → 30.23% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$23.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.72M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.86M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$23.1M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.97M |
| 3 |
Morgan Stanley
New York
|
-$2.5M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.49M |
| 5 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
-$1.36M |
RVT Hedge Fund Activity: Q1 2026 in Review
202 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q1 2026, worth a combined $602M — up 3.4% from $583M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new RVT positions and 24 closed out — a net gain of 7 holders — while 89 added to existing stakes and 43 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $23.1M. The largest seller was Saba Capital Management, exiting entirely with an estimated $23.1M sold.
- 202 institutional investors held Royce Value Trust (RVT) as of Q1 2026, up from 201 in Q4 2025.
- Funds reported $602M of Royce Value Trust stock for Q1 2026, up 3.4% quarter-over-quarter.
- 31 funds opened new Royce Value Trust positions in Q1 2026 and 24 closed out, a net change of +7 holders.
- The largest Royce Value Trust buyer in Q1 2026 was Penserra Capital Management, an estimated $23.1M added.
- The largest Royce Value Trust seller in Q1 2026 was Saba Capital Management, an estimated $23.1M sold.
Based on aggregated 13F filings for Q1 2026.