Pembroke Management’s Royal Gold RGLD Stock Holding History

Pembroke Management’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
2015 Q3	–	Sell	-265,505	Closed	-$16.4M	–	53
2015 Q2	$16.4M	Sell	265,505 -57,500	-18%	-$3.69M	1.04%	42
2015 Q1	$20.4M	Sell	323,005 -17,450	-5%	-$1.2M	1.28%	34
2014 Q4	$21.3M	Buy	340,455 +7,800	+2%	+$512K	1.31%	34
2014 Q3	$21.6M	Buy	332,655 +2,755	+0.8%	+$206K	1.6%	34
2014 Q2	$25.1M	Buy	329,900 +10,900	+3%	+$720K	1.94%	26
2014 Q1	$20M	Buy	319,000 +17,700	+6%	+$1.09M	1.65%	30
2013 Q4	$13.9M	Buy	301,300 +26,700	+10%	+$1.26M	1.22%	33
2013 Q3	$13.4M	Buy	274,600 +108,400	+65%	+$5.62M	1.44%	32
2013 Q2	$6.99M	Buy	+166,200	New	+$8.99M	1.32%	35

Other funds holding RGLD

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

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

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

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BlackRock Group London, United Kingdom $210B AUM 15.5% 1-Year Est. Return

TAM

Tocqueville Asset Management New York $6.74B AUM 32.29% 1-Year Est. Return

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

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

Pembroke Management's RGLD Position: Q3 2015 in Review

Pembroke Management sold out of Royal Gold (RGLD) in Q3 2015, closing a stake of 265,505 shares — an estimated $16.4M sold.

Pembroke Management first reported a position in RGLD in Q2 2013 and held it in 9 quarters. The position peaked at $25.1M in Q2 2014. 261 funds tracked by Wall St. Rank hold RGLD as of Q3 2015.

Pembroke Management reported no remaining Royal Gold position as of Q3 2015 after selling out during the quarter.
Pembroke Management sold 265,505 Royal Gold shares in Q3 2015, an estimated $16.4M.
Pembroke Management first reported a position in Royal Gold in Q2 2013 and held it in 9 quarters.
Pembroke Management's Royal Gold position peaked at $25.1M in Q2 2014.
261 funds tracked by Wall St. Rank held Royal Gold as of Q3 2015.

Based on Pembroke Management's 13F filing for Q3 2015, filed 30 Oct 2015.