Vault-13

ROYCE MICRO-CAP TR INC RMT

COM · Closed-End Fund · CUSIP 780915104

99 institutional holders +4 vs Q1 2025
17,726,10017.7m shares reported held*
$163.6mreported value*
15 new 38 added 28 reduced 11 sold out net bought ≈ $11.0m (+1.2m shares)

* 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 ≈ $9.23.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 90Q4 22: 87Q1 23: 88Q2 23: 86Q3 23: 84Q4 23: 89Q1 24: 90Q2 24: 91Q3 24: 100Q4 24: 97Q1 25: 95Q2 25: 9999Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202290
Q4 202287
Q1 202388
Q2 202386
Q3 202384
Q4 202389
Q1 202490
Q2 202491
Q3 2024100
Q4 202497
Q1 202595
Q2 202599

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 39 bought or addedQ3 23: 32 cut or sold outQ4 23: 42 bought or addedQ4 23: 32 cut or sold outQ4 23Q1 24: 38 bought or addedQ1 24: 39 cut or sold outQ2 24: 42 bought or addedQ2 24: 33 cut or sold outQ2 24Q3 24: 51 bought or addedQ3 24: 28 cut or sold outQ4 24: 45 bought or addedQ4 24: 35 cut or sold outQ4 24Q1 25: 40 bought or addedQ1 25: 43 cut or sold outQ2 25: 53 bought or addedQ2 25: 39 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233932
Q4 20234232
Q1 20243839
Q2 20244233
Q3 20245128
Q4 20244535
Q1 20254043
Q2 20255339

Biggest buyers

Polar Asset Management Partners Inc. New +238,368+238.4k
Saba Capital Management, L.P. Added +224,373+224.4k
ROYAL BANK OF CANADA Added +222,202+222.2k
RIVERNORTH CAPITAL MANAGEMENT, LLC New +221,849+221.8k
Shaker Financial Services, LLC Added +114,526+114.5k
WOLVERINE ASSET MANAGEMENT LLC Added +108,516+108.5k
WELLS FARGO & COMPANY/MN Added +102,844+102.8k
Allspring Global Investments Holdings, LLC Added +87,000+87.0k
LPL Financial LLC Added +76,560+76.6k
NORTHERN TRUST CORP New +74,162+74.2k

Biggest sellers

MORGAN STANLEY Reduced -160,432-160.4k
Advisors Asset Management, Inc. Reduced -143,676-143.7k
SAPIENT CAPITAL LLC Reduced -45,825-45.8k
Logan Stone Capital, LLC Sold out -39,319-39.3k
Advisor Resource Council Sold out -35,688-35.7k
Clearstead Advisors, LLC Reduced -29,564-29.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -27,207-27.2k
AQR Arbitrage LLC Reduced -26,051-26.1k
FLAGSHIP HARBOR ADVISORS, LLC Reduced -24,120-24.1k
Calamos Advisors LLC Sold out -23,590-23.6k

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.

HolderStakeChangeShares Last filed
Saba Capital Management, L.P. 13D · may seek influence +1.0 pts · filed 2026-08-05
Stated purposeNot Applicable. Full filing
7.1% +1.0 pts 3.8m≈ $55.4m 2026-08-05

Fell to 5% or below in the last year: MORGAN STANLEY (4.8%, 2026-08-13)

Insider purchases and sales in Q2 2025

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)

BuyingSelling
202Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 2 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 1 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20242$92.5k0——
Q2 20240—0——
Q3 20241$51.6k0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-05-06 ROYCE CHARLES M Sr. Advisor Royce & Associates Sold 2,042 $8.17 $16.7k2.0k shares -<1%
2025-05-05 ROYCE CHARLES M Sr. Advisor Royce & Associates Sold 43,229 $8.31 $359.2k43.2k shares -5%
2025-05-05 ROYCE CHARLES M Sr. Advisor Royce & Associates Sold 7,570 $8.31 $62.9k7.6k shares -2%
2025-05-02 ROYCE CHARLES M Sr. Advisor Royce & Associates Sold 43,230 $8.33 $360.1k43.2k shares -8%
2025-05-02 ROYCE CHARLES M Sr. Advisor Royce & Associates Sold 43,229 $8.33 $360.1k43.2k shares -5%
2025-04-17 ROYCE CHARLES M Sr. Advisor Royce & Associates Sold 76,354 $7.83 $597.9k76.4k shares -8%
2025-04-16 ROYCE CHARLES M Sr. Advisor Royce & Associates Sold 9,160 $7.87 $72.1k9.2k shares -1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,933,9062.9m $27.1m $27.1m 0.00% Reduced -160.4k -160,432
2 Modern Wealth Management, LLC 0.25% of their portfolio KANSAS CITY, MO 1,095,5691.1m $10.1m $10.1m 0.25% Added +20.8k +20,815
3 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,031,4981.0m $9.5m $9.5m 0.00% Added +31.7k +31,695
4 Shaker Financial Services, LLC 3.43% of their portfolio Arlington, VA 1,021,7231.0m $9.5m $9.5m 3.43% Added +114.5k +114,526
5 Alexander Randolph Advisory, Inc. 7.99% of their portfolio MCLEAN, VA 963,906963.9k $8.9m $8.9m 7.99% Reduced -18.4k -18,417
6 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 832,898832.9k $7.7m $7.7m 0.01% Added +87.0k +87,000
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 747,666747.7k $6.9m $6.9m 0.00% Added +76.6k +76,560
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 701,040701.0k $6.5m $6.5m 0.00% Added +102.8k +102,844
9 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.35% of their portfolio EDINA, MN 616,718616.7k $5.7m $5.7m 0.35% Added +6.4k +6,395
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 533,966534.0k $4.9m $4.9m 0.00% Added +2.9k +2,860
11 FLAGSHIP HARBOR ADVISORS, LLC 0.23% of their portfolio BOSTON, MA 516,858516.9k $4.8m $4.8m 0.23% Reduced -24.1k -24,120
12 WOLVERINE ASSET MANAGEMENT LLC 0.08% of their portfolio CHICAGO, IL 492,646492.6k $4.6m $4.6m 0.08% Added +108.5k +108,516
13 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.73% of their portfolio BLUE BELL, PA 473,547473.5k $4.4m $4.4m 0.73% Added +11.6k +11,555
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 430,136430.1k $4.0m $4.0m 0.00% Added +222.2k +222,202
15 Mraz, Amerine & Associates, Inc. 0.54% of their portfolio Modesto, CA 363,426363.4k $3.4m $3.4m 0.54% Reduced -5.6k -5,598
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 326,073326.1k $3.0m $3.0m 0.00% Reduced -8.5k -8,534
17 FCA CORP /TX 0.85% of their portfolio HOUSTON, TX 306,458306.5k $2.8m $2.8m 0.85% Added +10.0k +10,019
18 Family Firm, Inc. 0.54% of their portfolio BETHESDA, MD 284,626284.6k $2.2m $2.2m 0.54% Reduced -3.8k -3,778
19 Saba Capital Management, L.P. 0.07% of their portfolio NEW YORK, NY 271,614271.6k $2.5m $2.5m 0.07% Added +224.4k +224,373
20 Polar Asset Management Partners Inc. 0.05% of their portfolio TORONTO, A6 238,368238.4k $2.2m $2.2m 0.05% New
21 Clearstead Advisors, LLC 0.03% of their portfolio CLEVELAND, OH 223,577223.6k $2.1m $2.1m 0.03% Reduced -29.6k -29,564
22 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.11% of their portfolio WEST PALM BEACH, FL 221,849221.8k $2.1m $2.1m 0.11% New
23 BARD ASSOCIATES INC 0.46% of their portfolio CHICAGO, IL 153,901153.9k $1.4m $1.4m 0.46% Reduced -100 -100
24 HORIZON KINETICS ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 136,840136.8k $1.3m $1.3m 0.02% Unchanged
25 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 131,934131.9k $1.2m $1.2m 0.00% Reduced -27.2k -27,207
26 READYSTATE ASSET MANAGEMENT LP 0.05% of their portfolio CHICAGO, IL 131,711131.7k $1.2m $1.2m 0.05% Added +42.9k +42,939
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 128,956129.0k $1.2m $1.2m 0.00% Added +39.1k +39,133
28 Advisors Asset Management, Inc. 0.02% of their portfolio Monument, CO 125,915125.9k $1.2m $1.2m 0.02% Reduced -143.7k -143,676
29 Moors & Cabot, Inc. 0.05% of their portfolio BOSTON, MA 112,823112.8k $1.0m $1.0m 0.05% Unchanged
30 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 105,315105.3k $974.2k $974.2k 0.00% Added +3.9k +3,914
31 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 101,097101.1k $935.1k $935.1k 0.01% Added +12.1k +12,051
32 ROBERTS GLORE & CO INC /IL/ 0.24% of their portfolio DEERFIELD, IL 89,04589.0k $823.7k $823.7k 0.24% Added +2.0k +1,971
33 Quantedge Capital Pte Ltd 0.75% of their portfolio Singapore, U0 88,69788.7k $820.4k $820.4k 0.75% Added +39.4k +39,400
34 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 82,96983.0k $767.5k $767.5k 0.01% Added +5.1k +5,122
35 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.06% of their portfolio Englewood, NJ 80,88880.9k $748.2k $748.2k 0.06% Added +20.9k +20,908
36 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 74,71974.7k $691.2k $691.2k 0.00% Unchanged
37 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 74,16274.2k $686.0k $686.0k 0.00% New
38 UHLMANN PRICE SECURITIES, LLC 0.46% of their portfolio SKOKIE, IL 70,24970.2k $649.8k $649.8k 0.46% Reduced -1.9k -1,896
39 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 69,20269.2k $640.1k $640.1k 0.00% Added +45.3k +45,300
40 NWF Advisory Services Inc. 0.08% of their portfolio Los Angeles, CA 69,02669.0k $638.5k $638.5k 0.08% Reduced -7.2k -7,153
41 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 68,19868.2k $630.8k $630.8k 0.00% Reduced -22.2k -22,207
42 Diversify Advisory Services, LLC 0.02% of their portfolio SANDY, UT 64,07164.1k $623.4k $623.4k 0.02% Reduced -2.6k -2,556
43 Hennion & Walsh Asset Management, Inc. 0.02% of their portfolio Parsippany, NJ 63,29663.3k $585.5k $585.5k 0.02% Added +4.9k +4,870
44 TWIN FOCUS CAPITAL PARTNERS, LLC 0.08% of their portfolio Boston, MA 62,16162.2k $575.0k $575.0k 0.08% Unchanged
45 1607 Capital Partners, LLC 0.04% of their portfolio Richmond, VA 52,52752.5k $485.9k $485.9k 0.04% Reduced -4.6k -4,600
46 CWM, LLC 0.00% of their portfolio OMAHA, NE 47,00047.0k $435.0k $435.0k 0.00% Unchanged
47 SAPIENT CAPITAL LLC 0.01% of their portfolio INDIANAPOLIS, IN 45,88045.9k $424.4k $424.4k 0.01% Reduced -45.8k -45,825
48 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 45,67345.7k $422.5k $422.5k 0.00% Reduced -85 -85
49 Hara Capital LLC 0.24% of their portfolio BELLEVUE, WA 42,01042.0k $388.6k $388.6k 0.24% Added +100 +100
50 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 40,92240.9k $378.5k $378.5k 0.00% Reduced -542 -542
51 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 38,41138.4k $355.0k $355.0k 0.00% Reduced -11.8k -11,808
52 WealthShield Partners, LLC 0.04% of their portfolio CARY, NC 36,05336.1k $333.5k $333.5k 0.04% Reduced -1.4k -1,390
53 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 34,06434.1k $315.1k $315.1k 0.00% Reduced -5.3k -5,304
54 Traub Capital Management LLC 0.28% of their portfolio NEEDHAM, MA 33,03933.0k $305.6k $305.6k 0.28% First filing
55 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 31,77131.8k $293.9k $293.9k 0.00% Reduced -2.7k -2,663
56 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 30,67730.7k $283.8k $283.8k 0.00% Added +208 +208
57 COMMERCE BANK 0.00% of their portfolio KANSAS CITY, MO 29,71229.7k $274.8k $274.8k 0.00% Unchanged
58 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 29,27129.3k $269.3k $269.3k 0.01% Reduced -26.1k -26,051
59 Prairie Sky Financial Group LLC 0.14% of their portfolio Lake Bluff, IL 28,44128.4k $263.1k $263.1k 0.14% Added +573 +573
60 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 27,23327.2k $251.9k $251.9k 0.00% New
61 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 26,64026.6k $246.0k $246.0k 0.00% Added +1.7k +1,730
62 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 23,62623.6k $218.5k $218.5k 0.00% Reduced -13.5k -13,486
63 DKM Wealth Management, Inc. 0.18% of their portfolio STOCKTON, CA 23,00223.0k $212.8k $212.8k 0.18% Unchanged
64 ARK & TLK INVESTMENTS, LLC 0.07% of their portfolio OKLAHOMA CITY, OK 22,81722.8k $211.1k $211.1k 0.07% Unchanged
65 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 22,58822.6k $208.9k $208.9k 0.00% Added +1.5k +1,478
66 Institute for Wealth Management, LLC. 0.02% of their portfolio DENVER, CO 19,94819.9k $184.5k $184.5k 0.02% Reduced -752 -752
67 Comprehensive Money Management Services LLC 0.14% of their portfolio CORAL GABLES, FL 19,30519.3k $178.6k $178.6k 0.14% Added +3.5k +3,550
68 DIVERSIFIED TRUST CO 0.00% of their portfolio MEMPHIS, TN 19,26919.3k $178.2k $178.2k 0.00% Added +2.6k +2,567
69 Jaffetilchin Investment Partners, LLC 0.01% of their portfolio TAMPA, FL 19,18219.2k $177.4k $177.4k 0.01% Added +7.7k +7,695
70 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 19,13319.1k $177.0k $177.0k 0.00% New
71 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 18,92918.9k $175.1k $175.1k 0.00% New
72 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 15,68715.7k $145.1k $145.1k 0.00% Added +1.0k +1,012
73 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 14,44014.4k $133.6k $133.6k 0.00% New
74 JFS WEALTH ADVISORS, LLC 0.01% of their portfolio HERMITAGE, PA 13,89613.9k $128.5k $128.5k 0.01% New
75 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 13,26013.3k $122.7k $122.7k 0.00% Added +265 +265
76 Heritage Wealth Management, Inc. 0.04% of their portfolio CINCINNATI, OH 12,34512.3k $114.2k $114.2k 0.04% Reduced -7.3k -7,337
77 Soltis Investment Advisors LLC 0.01% of their portfolio ST. GEORGE, UT 11,91911.9k $110.3k $110.3k 0.01% Unchanged
78 Private Capital Management, LLC 0.01% of their portfolio NAPLES, FL 11,83411.8k $109.5k $109.5k 0.01% New
79 VERUS CAPITAL PARTNERS, LLC 0.01% of their portfolio SCOTTSDALE, AZ 11,59311.6k $107.2k $107.2k 0.01% New
80 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 11,05111.1k $102.2k $102.2k 0.00% Added +223 +223
81 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 10,77710.8k $99.7k $99.7k 0.00% New
82 EHRLICH FINANCIAL GROUP 0.06% of their portfolio LAGUNA NIGUEL, CA 10,55410.6k $97.6k $97.6k 0.06% Added +78 +78
83 PEAPACK GLADSTONE FINANCIAL CORP 0.00% of their portfolio BEDMINSTER, NJ 10,27910.3k $95.0k $95.0k 0.00% Reduced -3.3k -3,305
84 Eisler Capital Management Ltd. 0.00% of their portfolio LONDON, X0 10,00010.0k $92.5k $92.5k 0.00% Unchanged
85 TD Capital Management LLC 0.00% of their portfolio MEMPHIS, TN 4,4964.5k $41.6k $41.6k 0.00% Unchanged
86 SITTNER & NELSON, LLC 0.02% of their portfolio EUGENE, OR 4,2724.3k $39.5k $39.5k 0.02% Added +86 +86
87 NBT BANK, N.A. 0.00% of their portfolio NORWICH, NY 4,0314.0k $37.3k $37.3k 0.00% Unchanged
88 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,6063.6k $33.4k $33.4k 0.00% New
89 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 3,5003.5k $32.4k $32.4k 0.00% Added +1.0k +1,000
90 BARRETT & COMPANY, INC. 0.01% of their portfolio PROVIDENCE, RI 3,2503.2k $30.1k $30.1k 0.01% Unchanged
91 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 2,0962.1k $19.4k $19.4k 0.00% New
92 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1,3021.3k $12.0k $12.0k 0.00% Unchanged
93 FMR LLC 0.00% of their portfolio BOSTON, MA 855855 $7.9k $7.9k 0.00% New
94 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 435435 $4.0k $4.0k 0.00% Reduced -1.3k -1,309
95 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 100100 $925 $925 0.00% New
96 COMERICA BANK 0.00% of their portfolio DALLAS, TX 7979 $733 $733 0.00% Added +2 +2
97 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 6161 $564 $564 0.00% Unchanged
98 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 1616 $148 $148 0.00% Unchanged
99 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged