North European Oil Royalty Trust
25 hedge funds and large institutions have $4.52M invested in North European Oil Royalty Trust in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 5 closing their positions.
3.1% less ownership
Funds ownership: 11.43% → 8.33% (-3.1%)
7% less funds holding
Funds holding: 27 → 25 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
29% less capital invested
Capital invested by funds: $6.36M → $4.52M (-$1.84M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $66K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$128K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$71.6K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$17.9K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$15.1K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
+$2.63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Emancipation Management
New York
|
-$1.16M |
| 2 |
MAM
Morse Asset Management
Darien,
Connecticut
|
-$178K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$3.86K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.43K |
NRT Hedge Fund Activity: Q4 2019 in Review
25 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q4 2019, worth a combined $4.52M — down 29% from $6.36M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NRT and 4 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, adding an estimated $128K. The largest seller was Emancipation Management, cutting an estimated $1.16M.
- 25 institutional investors held North European Oil Royalty Trust (NRT) as of Q4 2019, down from 27 in Q3 2019.
- Funds reported $4.52M of North European Oil Royalty Trust stock for Q4 2019, down 29% quarter-over-quarter.
- 4 funds opened new North European Oil Royalty Trust positions in Q4 2019 and 5 closed out, a net change of -1 holder.
- The largest North European Oil Royalty Trust buyer in Q4 2019 was Morgan Stanley, an estimated $128K added.
- The largest North European Oil Royalty Trust seller in Q4 2019 was Emancipation Management, an estimated $1.16M sold.
Based on aggregated 13F filings for Q4 2019.