North European Oil Royalty Trust
28 hedge funds and large institutions have $8.47M invested in North European Oil Royalty Trust in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.33% less ownership
Funds ownership: 14.5% → 13.17% (-1.3%)
7% less capital invested
Capital invested by funds: $9.08M → $8.47M (-$602K)
10% less funds holding
Funds holding: 31 → 28 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$229K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
+$4.86K |
| 3 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$3.83K |
| 4 |
SCA
Stonebridge Capital Advisors
St Paul,
Minnesota
|
+$3.47K |
| 5 |
EM
Emancipation Management
New York
|
+$1.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Halsey Associates
New Haven,
Connecticut
|
-$633K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$115K |
| 3 |
Renaissance Technologies
New York
|
-$104K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$103K |
| 5 |
CBT
Capital Bank & Trust
Irvine,
California
|
-$96K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
26
Glenmede Trust
Philadelphia,
Pennsylvania
| $95 | – | – | – |
|
|
HA
27
Halsey Associates
New Haven,
Connecticut
| – | -$633K | -91,432 | Closed |
|
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$103K | -15,100 | Closed |
|
|
29
Renaissance Technologies
New York
| – | -$104K | -15,100 | Closed |
|
|
CBT
30
Capital Bank & Trust
Irvine,
California
| – | -$96K | -14,000 | Closed |
|
NRT Hedge Fund Activity: Q2 2019 in Review
28 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q2 2019, worth a combined $8.47M — down 6.6% from $9.08M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NRT and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Morgan Stanley, adding an estimated $229K. The largest seller was Halsey Associates, exiting entirely with an estimated $633K sold.
- 28 institutional investors held North European Oil Royalty Trust (NRT) as of Q2 2019, down from 31 in Q1 2019.
- Funds reported $8.47M of North European Oil Royalty Trust stock for Q2 2019, down 6.6% quarter-over-quarter.
- 2 funds opened new North European Oil Royalty Trust positions in Q2 2019 and 5 closed out, a net change of -3 holders.
- The largest North European Oil Royalty Trust buyer in Q2 2019 was Morgan Stanley, an estimated $229K added.
- The largest North European Oil Royalty Trust seller in Q2 2019 was Halsey Associates, an estimated $633K sold.
Based on aggregated 13F filings for Q2 2019.