North European Oil Royalty Trust
34 hedge funds and large institutions have $6.63M invested in North European Oil Royalty Trust in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 5 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
0.58% more ownership
Funds ownership: 10.35% → 10.93% (+0.58%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 35 → 34 (-1)
10% less capital invested
Capital invested by funds: $7.35M → $6.63M (-$723K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$273K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$209K |
| 3 |
Renaissance Technologies
New York
|
+$133K |
| 4 |
EM
Emancipation Management
New York
|
+$114K |
| 5 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$98.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
-$213K |
| 2 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$129K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$65.4K |
| 4 |
First Manhattan
New York
|
-$46K |
| 5 |
CAM
CG Asset Management
New York
|
-$28.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | +$5.33K | +745 | +373% |
|
|
CB
27
Community Bank
Dewitt,
New York
| $3K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $1K | +$21 | +3 | +2% |
|
|
IWM
30
IHT Wealth Management
Chicago,
Illinois
| $1K | +$894 | +125 | New |
|
|
PA
31
Parallel Advisors
San Francisco,
California
| $1K | +$1.37K | +191 | New |
|
|
CPSAC
32
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
| – | -$129K | -11,377 | Closed |
|
|
33
First Manhattan
New York
| – | -$46K | -6,000 | Closed |
|
|
AIM
34
Acrospire Investment Management
Chicago,
Illinois
| – | -$27K | -3,501 | Closed |
|
35
Barclays
London,
United Kingdom
| – | -$17K | -2,380 | -99% |
|
36
Simplex Trading
Chicago,
Illinois
| – | -$1K | -250 | Closed |
|
|
BBPWM
37
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$2K | -200 | Closed |
|
|
LF
38
Lee Financial
Dallas,
Texas
| – | +$250 | +35 | New |
|
NRT Hedge Fund Activity: Q4 2016 in Review
34 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q4 2016, worth a combined $6.63M — down 9.8% from $7.35M a quarter earlier.
Fund positioning in NRT was balanced in Q4 2016: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $273K. The largest seller was Oppenheimer & Co, cutting an estimated $213K.
- 34 institutional investors held North European Oil Royalty Trust (NRT) as of Q4 2016, down from 35 in Q3 2016.
- Funds reported $6.63M of North European Oil Royalty Trust stock for Q4 2016, down 9.8% quarter-over-quarter.
- 5 funds opened new North European Oil Royalty Trust positions in Q4 2016 and 5 closed out, a net change of 0 holders.
- The largest North European Oil Royalty Trust buyer in Q4 2016 was Morgan Stanley, an estimated $273K added.
- The largest North European Oil Royalty Trust seller in Q4 2016 was Oppenheimer & Co, an estimated $213K sold.
Based on aggregated 13F filings for Q4 2016.