Horizon Kinetics’s Royal Gold RGLD Stock Holding History

Horizon Kinetics’s Portfolio RGLD Stock Details RGLD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	$22.2M	Sell	258,757 -20,282	-7%	-$1.56M	0.72%	21
2018 Q3	$21.5M	Sell	279,039 -8,519	-3%	-$701K	0.52%	27
2018 Q2	$26.7M	Sell	287,558 -12,191	-4%	-$1.09M	0.69%	22
2018 Q1	$25.7M	Sell	299,749 -15,600	-5%	-$1.32M	0.75%	23
2017 Q4	$25.9M	Sell	315,349 -18,392	-6%	-$1.58M	0.76%	23
2017 Q3	$28.7M	Sell	333,741 -18,855	-5%	-$1.63M	0.84%	22
2017 Q2	$27.6M	Sell	352,596 -25,802	-7%	-$1.94M	0.9%	22
2017 Q1	$26.5M	Sell	378,398 -20,319	-5%	-$1.38M	0.84%	24
2016 Q4	$25.3M	Sell	398,717 -42,952	-10%	-$2.92M	0.82%	21
2016 Q3	$34.2M	Sell	441,669 -16,942	-4%	-$1.36M	0.96%	21
2016 Q2	$33M	Sell	458,611 -18,113	-4%	-$1.08M	0.83%	24
2016 Q1	$24.5M	Buy	476,724 +3,924	+0.8%	+$160K	0.61%	32
2015 Q4	$17.2M	Sell	472,800 -243,191	-34%	-$10.2M	0.37%	43
2015 Q3	$33.6M	Sell	715,991 -16,131	-2%	-$830K	0.61%	31
2015 Q2	$45.1M	Buy	732,122 +120,085	+20%	+$7.7M	0.65%	32
2015 Q1	$38.6M	Buy	612,037 +159,824	+35%	+$11M	0.53%	36
2014 Q4	$28.4M	Buy	452,213 +352,875	+355%	+$23.1M	0.38%	47
2014 Q3	$6.45M	Buy	+99,338	New	+$7.41M	0.08%	98

Other funds holding RGLD

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Horizon Kinetics's RGLD Position: Q4 2018 in Review

Horizon Kinetics reduced its Royal Gold (RGLD) stake by 7.3% in Q4 2018, selling an estimated $1.56M and leaving 258,757 shares worth $22.2M. The position accounts for 0.72% of the portfolio, ranked #21.

Horizon Kinetics first reported a position in RGLD in Q3 2014 and has held it in 18 quarters since. The position peaked at $45.1M in Q2 2015. 324 funds tracked by Wall St. Rank hold RGLD as of Q4 2018.

Horizon Kinetics held 258,757 shares of Royal Gold worth $22.2M as of Q4 2018.
Horizon Kinetics sold 20,282 Royal Gold shares in Q4 2018, an estimated $1.56M.
Royal Gold made up 0.72% of Horizon Kinetics's portfolio in Q4 2018, its #21 holding.
Horizon Kinetics first reported a position in Royal Gold in Q3 2014 and has held it in 18 quarters since.
Horizon Kinetics's Royal Gold position peaked at $45.1M in Q2 2015.
324 funds tracked by Wall St. Rank held Royal Gold as of Q4 2018.

Based on Horizon Kinetics's 13F filing for Q4 2018, filed 14 Feb 2019.