North European Oil Royalty Trust
NRT
30 hedge funds and large institutions have $7.61M invested in North European Oil Royalty Trust in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 4 closing their positions.
1.63% more ownership
Funds ownership: 12.79% → 14.42% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 32 → 30 (-2)
16% less capital invested
Capital invested by funds: $9.04M → $7.61M (-$1.43M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Emancipation Management
New York
|
+$640K |
| 2 |
HA
Halsey Associates
New Haven,
Connecticut
|
+$610K |
| 3 |
Morgan Stanley
New York
|
+$289K |
| 4 |
LPC
Loeb Partners Corp
New York
|
+$2.07K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$60 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$227K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$98K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$80.1K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$78K |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$30K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
26
Gradient Investments
Arden Hills,
Minnesota
| $1K | – | – | – |
|
|
GT
27
Glenmede Trust
Philadelphia,
Pennsylvania
| $78 | -$30K | -4,500 | -25% |
|
|
LCM
28
Lucas Capital Management
Red Bank,
New Jersey
| – | -$227K | -29,398 | Closed |
|
|
29
HighTower Advisors
Chicago,
Illinois
| – | -$98K | -12,674 | Closed |
|
|
TSS
30
Two Sigma Securities
New York
| – | -$78K | -10,420 | Closed |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| – | -$5K | -700 | Closed |
|
NRT Hedge Fund Activity: Q4 2018 in Review
30 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q4 2018, worth a combined $7.61M — down 16% from $9.04M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NRT and 2 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was Emancipation Management, adding an estimated $640K. The largest seller was Lucas Capital Management, exiting entirely with an estimated $227K sold.
- 30 institutional investors held North European Oil Royalty Trust (NRT) as of Q4 2018, down from 32 in Q3 2018.
- Funds reported $7.61M of North European Oil Royalty Trust stock for Q4 2018, down 16% quarter-over-quarter.
- 2 funds opened new North European Oil Royalty Trust positions in Q4 2018 and 4 closed out, a net change of -2 holders.
- The largest North European Oil Royalty Trust buyer in Q4 2018 was Emancipation Management, an estimated $640K added.
- The largest North European Oil Royalty Trust seller in Q4 2018 was Lucas Capital Management, an estimated $227K sold.
Based on aggregated 13F filings for Q4 2018.