ROYCE GLOBAL TRUST INC RGT
COM · Closed-End Fund · CUSIP 78081T104
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.69.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 37 |
| Q4 2022 | 34 |
| Q1 2023 | 35 |
| Q2 2023 | 35 |
| Q3 2023 | 36 |
| Q4 2023 | 39 |
| Q1 2024 | 31 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 14 | 17 |
| Q1 2023 | 16 | 10 |
| Q2 2023 | 8 | 14 |
| Q3 2023 | 12 | 12 |
| Q4 2023 | 19 | 14 |
| Q1 2024 | 10 | 19 |
Biggest buyers
| RAYMOND JAMES & ASSOCIATES | Added | +426.2k |
| MORGAN STANLEY | Added | +300.6k |
| UBS Group AG | Added | +3.1k |
| WOLVERINE ASSET MANAGEMENT LLC | Added | +2.7k |
| Raymond James Financial Services Advisors, Inc. | Added | +1.3k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | Added | +591 |
| BROWN ADVISORY INC | Added | +484 |
| WELLS FARGO & COMPANY/MN | Added | +324 |
| Cetera Investment Advisers | Added | +106 |
| BENJAMIN F. EDWARDS & COMPANY, INC. | New | +1 |
Biggest sellers
| Saba Capital Management, L.P. | Sold out | -127.9k |
| Cornerstone Advisors, LLC | Reduced | -53.9k |
| Wealthcare Advisory Partners LLC | Sold out | -30.7k |
| LPL Financial LLC | Sold out | -17.4k |
| Shaker Financial Services, LLC | Reduced | -17.3k |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | Sold out | -12.9k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Sold out | -10.6k |
| Integrated Wealth Concepts LLC | Reduced | -4.6k |
| PRIVATE MANAGEMENT GROUP INC | Reduced | -3.5k |
| Qube Research & Technologies Ltd | Sold out | -3.2k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| MORGAN STANLEY 13G · institution new · filed 2025-08-06 | 6.5% |
Fell to 5% or below in the last year: RAYMOND JAMES & ASSOCIATES (2.7%, 2026-01-07)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 1 | $22.1k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 966.2k $10.3m | Added +300.6k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 648.7k $6.9m | Added +426.2k |
| PRIVATE MANAGEMENT GROUP INC 0.08% of their portfolio | 191.9k $2.1m | Reduced -3.5k |
| Integrated Wealth Concepts LLC 0.01% of their portfolio | 96.7k $1.0m | Reduced -4.6k |
| ROTHSCHILD INVESTMENT LLC 0.03% of their portfolio | 37.3k $399.0k | Reduced -2 |
| 1776 Wealth LLC 0.17% of their portfolio | 33.2k $354.4k | Unchanged |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 27.0k $288.5k | Reduced -600 |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 26.7k $285.9k | Reduced -1.2k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.05% of their portfolio | 23.0k $245.6k | Added +591 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 18.3k $195.3k | Added +1.3k |
| Cetera Investment Advisers 0.00% of their portfolio | 16.1k $172.3k | Added +106 |
| Shaker Financial Services, LLC 0.06% of their portfolio | 15.6k $166.6k | Reduced -17.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 15.3k $163.9k | Added +324 |
| GABELLI FUNDS LLC 0.00% of their portfolio | 15.0k $160.2k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 13.7k $146.7k | Added +3.1k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 13.5k $144.5k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 11.5k $123.0k | Reduced -61 |
| BROWN ADVISORY INC 0.00% of their portfolio | 10.6k $113.0k | Added +484 |
| Relative Value Partners Group, LLC 0.01% of their portfolio | 10.3k $102.6k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.5k $58.3k | Reduced -244 |
| Cornerstone Advisors, LLC 0.00% of their portfolio | 4.6k $49.3k | Reduced -53.9k |
| COMERICA BANK 0.00% of their portfolio | 3.2k $34.5k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 3.1k $33.6k | Added +2.7k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 850 $9.1k | Unchanged |
| BFSG, LLC 0.00% of their portfolio | 600 $6.4k | Unchanged |
| North Star Investment Management Corp. 0.00% of their portfolio | 138 $1.5k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 75 $802 | Reduced -376 |
| McIlrath & Eck, LLC 0.00% of their portfolio | 75 $802 | Unchanged |
| Sound Income Strategies, LLC 0.00% of their portfolio | 22 $238 | Unchanged |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 1 $0 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |