North European Oil Royalty Trust
27 hedge funds and large institutions have $6.36M invested in North European Oil Royalty Trust in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 3 closing their positions.
440% more call options, than puts
Call options by funds: $335K | Put options by funds: $62K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.74% less ownership
Funds ownership: 13.17% → 11.43% (-1.7%)
4% less funds holding
Funds holding: 28 → 27 (-1)
25% less capital invested
Capital invested by funds: $8.47M → $6.36M (-$2.11M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Halsey Associates
New Haven,
Connecticut
|
+$623K |
| 2 |
Morgan Stanley
New York
|
+$45.1K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$28 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Emancipation Management
New York
|
-$1.4M |
| 2 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$216K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$76K |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$58.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$14.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$2.03K | -295 | Closed |
|
27
Barclays
London,
United Kingdom
| – | -$1K | -158 | Closed |
|
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$28 | +4 | New |
|
NRT Hedge Fund Activity: Q3 2019 in Review
27 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q3 2019, worth a combined $6.36M — down 25% from $8.47M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NRT and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 1 added.
The largest buyer was Halsey Associates, opening a new position worth an estimated $623K. The largest seller was Emancipation Management, cutting an estimated $1.4M.
- 27 institutional investors held North European Oil Royalty Trust (NRT) as of Q3 2019, down from 28 in Q2 2019.
- Funds reported $6.36M of North European Oil Royalty Trust stock for Q3 2019, down 25% quarter-over-quarter.
- 2 funds opened new North European Oil Royalty Trust positions in Q3 2019 and 3 closed out, a net change of -1 holder.
- The largest North European Oil Royalty Trust buyer in Q3 2019 was Halsey Associates, an estimated $623K added.
- The largest North European Oil Royalty Trust seller in Q3 2019 was Emancipation Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2019.