Royce Value Trust
208 hedge funds and large institutions have $717M invested in Royce Value Trust in 2026 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 89 increasing their positions, 47 reducing their positions, and 19 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 47
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
20% more capital invested
Capital invested by funds: $599M → $717M (+$118M)
4% more funds holding
Funds holding: 200 → 208 (+8)
2.42% more ownership
Funds ownership: 30.06% → 32.47% (+2.4%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$22.6M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$8.45M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$4.65M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.95M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$4.14M |
| 2 |
Morgan Stanley
New York
|
-$3.71M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.11M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.29M |
| 5 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
-$1.26M |
RVT Hedge Fund Activity: Q2 2026 in Review
208 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Royce Value Trust (RVT) for Q2 2026, worth a combined $717M — up 20% from $599M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new RVT positions and 19 closed out — a net gain of 11 holders — while 89 added to existing stakes and 47 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $22.6M. The largest seller was Cetera Investment Advisers, cutting an estimated $4.14M.
- 208 institutional investors held Royce Value Trust (RVT) as of Q2 2026, up from 200 in Q1 2026.
- Funds reported $717M of Royce Value Trust stock for Q2 2026, up 20% quarter-over-quarter.
- 30 funds opened new Royce Value Trust positions in Q2 2026 and 19 closed out, a net change of +11 holders.
- The largest Royce Value Trust buyer in Q2 2026 was Saba Capital Management, an estimated $22.6M added.
- The largest Royce Value Trust seller in Q2 2026 was Cetera Investment Advisers, an estimated $4.14M sold.
Based on aggregated 13F filings for Q2 2026.