ROYCE MICRO-CAP TR INC RMT
COM · Closed-End Fund · CUSIP 780915104
* 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 ≈ $14.62.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 90 |
| Q4 2022 | 87 |
| Q1 2023 | 88 |
| Q2 2023 | 86 |
| Q3 2023 | 84 |
| Q4 2023 | 89 |
| Q1 2024 | 90 |
| Q2 2024 | 91 |
| Q3 2024 | 100 |
| Q4 2024 | 97 |
| Q1 2025 | 95 |
| Q2 2025 | 99 |
| Q3 2025 | 94 |
| Q4 2025 | 99 |
| Q1 2026 | 106 |
| Q2 2026 | 108 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 51 | 28 |
| Q4 2024 | 45 | 35 |
| Q1 2025 | 40 | 43 |
| Q2 2025 | 53 | 39 |
| Q3 2025 | 38 | 44 |
| Q4 2025 | 43 | 39 |
| Q1 2026 | 50 | 37 |
| Q2 2026 | 49 | 43 |
Biggest buyers
| Saba Capital Management, L.P. | Added | +381.3k |
| OSAIC HOLDINGS, INC. | Added | +242.7k |
| Bulldog Investors, LLP | New | +182.0k |
| Allspring Global Investments Holdings, LLC | Added | +174.4k |
| Advisors Asset Management, Inc. | Added | +156.3k |
| Atlas Wealth LLC | New | +122.9k |
| Kovack Advisors, Inc. | New | +67.3k |
| Diversify Advisory Services, LLC | New | +64.7k |
| Altium Capital Management LLC | Added | +35.0k |
| BARD ASSOCIATES INC | Added | +34.5k |
Biggest sellers
| WELLS FARGO & COMPANY/MN | Reduced | -111.2k |
| Shaker Financial Services, LLC | Reduced | -108.5k |
| Private Advisor Group, LLC | Reduced | -90.1k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Reduced | -84.6k |
| Modern Wealth Management, LLC | Reduced | -82.3k |
| MORGAN STANLEY | Reduced | -72.9k |
| ENVESTNET ASSET MANAGEMENT INC | Sold out | -48.1k |
| Cetera Investment Advisers | Reduced | -36.6k |
| WealthShield Partners, LLC | Sold out | -34.5k |
| Beacon Pointe Advisors, LLC | Reduced | -26.0k |
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 |
|---|---|
Saba Capital Management, L.P.
13D · may seek influence
+1.0 pts · filed 2026-08-05
Stated purposeNot Applicable. Full filing |
7.1% |
Fell to 5% or below in the last year: MORGAN STANLEY (4.8%, 2026-08-13)
Insider purchases and sales since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 1 | $21.3k | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $74.6k | 0 | — | — |
| Q2 2026 | 2 | $151.0k | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-15 | CLARK CHRISTOPHER D President, director | Bought | $50.8k3.6k shares |
| 2026-06-05 | DENNEEN JOHN E Secretary | Bought | $54.8k4.0k shares |
| 2026-06-01 | DENNEEN JOHN E Secretary | Bought | $45.4k3.2k shares |
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 2026
| Manager | Shares | Change |
|---|---|---|
| Saba Capital Management, L.P. 1.50% of their portfolio | 3.3m $49.0m | Added +381.3k |
| MORGAN STANLEY 0.00% of their portfolio | 2.6m $37.5m | Reduced -72.9k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 1.2m $17.4m | Added +174.4k |
| LPL Financial LLC 0.00% of their portfolio | 1.1m $16.1m | Added +19.3k |
| Alexander Randolph Advisory, Inc. 11.70% of their portfolio | 970.1k $14.2m | Reduced -10.5k |
| Modern Wealth Management, LLC 0.17% of their portfolio | 944.4k $13.8m | Reduced -82.3k |
| UBS Group AG 0.00% of their portfolio | 859.8k $12.6m | Reduced -5.6k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.57% of their portfolio | 814.0k $11.9m | Reduced -84.6k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 1.20% of their portfolio | 659.9k $9.7m | Added +28.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 602.5k $8.8m | Added +29.3k |
| FLAGSHIP HARBOR ADVISORS, LLC 0.31% of their portfolio | 546.0k $8.0m | Added +17.7k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.38% of their portfolio | 522.7k $7.7m | Reduced -23.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 483.5k $7.1m | Reduced -111.2k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 412.1k $6.0m | Added +242.7k |
| Mraz, Amerine & Associates, Inc. 0.73% of their portfolio | 346.3k $5.1m | Reduced -4.6k |
| FCA CORP /TX 1.15% of their portfolio | 320.1k $4.7m | Added +6.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 315.0k $4.6m | Reduced -15.2k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 300.0k $4.4m | Unchanged |
| Shaker Financial Services, LLC 1.32% of their portfolio | 287.8k $4.2m | Reduced -108.5k |
| Altium Capital Management LLC 8.58% of their portfolio | 278.1k $4.1m | Added +35.0k |
| Advisors Asset Management, Inc. 0.06% of their portfolio | 257.1k $3.8m | Added +156.3k |
| Waterfront Wealth Inc. 0.46% of their portfolio | 209.6k $3.0m | Added +846 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 204.2k $3.0m | Reduced -8.3k |
| Clearstead Advisors, LLC 0.03% of their portfolio | 195.7k $2.9m | Reduced -7.4k |
| Bulldog Investors, LLP 0.59% of their portfolio | 182.0k $2.7m | New |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.02% of their portfolio | 134.7k $2.0m | Added +1.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 129.7k $1.9m | Added +20.7k |
| BARD ASSOCIATES INC 0.40% of their portfolio | 123.8k $1.8m | Added +34.5k |
| Atlas Wealth LLC 0.26% of their portfolio | 122.9k $1.8m | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 116.0k $1.7m | Reduced -9.0k |
| Moors & Cabot, Inc. 0.07% of their portfolio | 114.6k $1.7m | Reduced -1.9k |
| TrueMark Investments, LLC 0.21% of their portfolio | 114.0k $1.7m | Added +7.5k |
| EVOLVE PRIVATE WEALTH, LLC 0.10% of their portfolio | 112.5k $1.6m | Reduced -4.2k |
| Beacon Pointe Advisors, LLC 0.01% of their portfolio | 98.7k $1.4m | Reduced -26.0k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 96.1k $1.4m | Reduced -2.2k |
| UHLMANN PRICE SECURITIES, LLC 0.05% of their portfolio | 93.7k $1.4m | Added +6.3k |
| BROWN ADVISORY INC 0.00% of their portfolio | 74.9k $1.1m | Added +102 |
| Kovack Advisors, Inc. 0.05% of their portfolio | 67.3k $985.3k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 64.8k $949.0k | Added +25.6k |
| Diversify Advisory Services, LLC 0.01% of their portfolio | 64.7k $888.3k | New |
| DIVERSIFY WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 64.7k $888.3k | Unchanged |
| Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio | 63.4k $928.3k | Reduced -185 |
| Karpus Management, Inc. 0.03% of their portfolio | 62.7k $917.2k | Reduced -350 |
| TWIN FOCUS CAPITAL PARTNERS, LLC 0.09% of their portfolio | 62.2k $910.0k | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 57.7k $844.1k | Added +200 |
| ROBERTS GLORE & CO INC /IL/ 0.20% of their portfolio | 55.3k $809.4k | Reduced -12.8k |
| SAPIENT CAPITAL LLC 0.01% of their portfolio | 49.3k $721.4k | Added +715 |
| NWF Advisory Services Inc. 0.07% of their portfolio | 48.2k $705.5k | Reduced -2.4k |
| SPIREPOINT PRIVATE CLIENT, LLC 0.05% of their portfolio | 46.3k $677.5k | Reduced -1.6k |
| Comprehensive Money Management Services LLC 0.38% of their portfolio | 41.7k $610.7k | Added +1.2k |
| PMG Family Office LLC 0.54% of their portfolio | 39.7k $581.1k | Added +345 |
| EP Wealth Advisors, LLC 0.00% of their portfolio | 39.5k $578.8k | Reduced -3.8k |
| &PARTNERS 0.00% of their portfolio | 35.1k $513.4k | Added +4.5k |
| SAX WEALTH ADVISORS, LLC 0.01% of their portfolio | 31.4k $355.5k | Unchanged |
| Advisory Advocates, LLC 0.39% of their portfolio | 31.4k $459.0k | Added +7.4k |
| Kingsview Wealth Management, LLC 0.01% of their portfolio | 30.9k $453.0k | Reduced -495 |
| COMMERCE BANK 0.00% of their portfolio | 29.7k $435.0k | Unchanged |
| XTX Topco Ltd 0.01% of their portfolio | 28.8k $421.4k | New |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 28.6k $418.3k | Added +3.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 27.9k $408.8k | New |
| Private Capital Management, LLC 0.04% of their portfolio | 27.2k $397.7k | Added +5.2k |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 26.6k $390.0k | Reduced -9.5k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 25.8k $377.1k | Reduced -2.5k |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 25.5k $372.6k | Reduced -411 |
| Quantedge Capital Pte Ltd 0.27% of their portfolio | 24.4k $357.2k | Reduced -5.0k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 23.8k $347.8k | Added +241 |
| Calamos Advisors LLC 0.00% of their portfolio | 23.4k $342.0k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 23.3k $340.5k | Added +22.8k |
| DKM Wealth Management, Inc. 0.22% of their portfolio | 23.0k $336.7k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 20.9k $305.9k | Reduced -3.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 20.5k $299.8k | New |
| DIVERSIFIED TRUST CO 0.00% of their portfolio | 20.4k $298.6k | Unchanged |
| Institute for Wealth Management, LLC. 0.03% of their portfolio | 19.9k $292.0k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 18.5k $271.0k | Added +2.3k |
| STEPHENS INC /AR/ 0.00% of their portfolio | 18.3k $267.7k | Added +4.3k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 16.8k $246.6k | Added +243 |
| ECLECTIC ASSOCIATES INC /ADV 0.03% of their portfolio | 16.5k $240.9k | Reduced -748 |
| Spinnaker Investment Group, LLC 0.04% of their portfolio | 15.9k $232.4k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 15.5k $226.5k | Added +2.6k |
| Private Advisor Group, LLC 0.00% of their portfolio | 14.9k $217.9k | Reduced -90.1k |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 14.2k $207.2k | Added +11.5k |
| JFS WEALTH ADVISORS, LLC 0.01% of their portfolio | 13.9k $203.4k | Unchanged |
| Wedmont Private Capital 0.01% of their portfolio | 13.9k $195.7k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 13.5k $197.0k | Reduced -36.6k |
| VERUS CAPITAL PARTNERS, LLC 0.01% of their portfolio | 13.3k $195.3k | Added +52 |
| COHEN & STEERS, INC. 0.00% of their portfolio | 12.0k $176.0k | New |
| Soltis Investment Advisors LLC 0.01% of their portfolio | 11.9k $174.5k | Unchanged |
| Closed-End Fund Advisors, Inc. 0.17% of their portfolio | 11.6k $170.0k | Reduced -2.2k |
| Vanguard National Trust Co 0.01% of their portfolio | 11.1k $161.8k | Unchanged |
| Summit Financial, LLC 0.00% of their portfolio | 11.0k $161.6k | Unchanged |
| TD Capital Management LLC 0.01% of their portfolio | 4.5k $65.8k | Unchanged |
| SITTNER & NELSON, LLC 0.02% of their portfolio | 4.4k $65.1k | Unchanged |
| NBT BANK, N.A. 0.00% of their portfolio | 4.0k $59.0k | Unchanged |
| BARRETT & COMPANY, INC. 0.01% of their portfolio | 3.2k $47.6k | Unchanged |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 3.0k $44.7k | Added +45 |
| Daytona Street Capital LLC 0.02% of their portfolio | 2.3k $32.2k | Unchanged |
| Hara Capital LLC 0.02% of their portfolio | 2.2k $32.8k | Reduced -7.8k |
| Atlantic Union Bankshares Corp 0.00% of their portfolio | 2.1k $30.7k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 1.3k $19.1k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 677 $9.9k | Added +577 |