North European Oil Royalty Trust
30 hedge funds and large institutions have $5.6M invested in North European Oil Royalty Trust in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0.26% less ownership
Funds ownership: 5.14% → 4.88% (-0.26%)
6% less funds holding
Funds holding: 32 → 30 (-2)
6% less capital invested
Capital invested by funds: $5.98M → $5.6M (-$379K)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
96% less call options, than puts
Call options by funds: $8K | Put options by funds: $198K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$212K |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$171K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$97.3K |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$65.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$19.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$311K |
| 2 |
NRS
Neville Rodie & Shaw
New York
|
-$210K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$177K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$119K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$30.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIC
26
Northwest Investment Counselors
Lake Oswego,
Oregon
| $8.26K | +$8.79K | +669 | New |
|
|
SCA
27
Stonebridge Capital Advisors
St Paul,
Minnesota
| $4.39K | – | – | – |
|
|
BWM
28
Baystate Wealth Management
Boston,
Massachusetts
| $3.62K | +$302 | +23 | +9% |
|
29
Group One Trading
Chicago,
Illinois
| $1.25K | +$1.31K | +100 | New |
|
|
LF
30
Lee Financial
Dallas,
Texas
| $432 | – | – | – |
|
|
31
BNP Paribas Financial Markets
Paris,
France
| – | -$119K | -9,355 | Closed |
|
|
DWA
32
Dorsey Wright & Associates
Pasadena,
California
| – | -$18.9K | -1,490 | Closed |
|
|
MSCM
33
McElhenny Sheffield Capital Management
Dallas,
Texas
| – | -$6.34K | -500 | Closed |
|
|
RFG
34
RFP Financial Group
Atlanta,
Georgia
| – | -$4.34K | -342 | Closed |
|
|
TC
35
Truvestments Capital
Sarasota,
Florida
| – | -$1.42K | -112 | Closed |
|
NRT Hedge Fund Activity: Q1 2023 in Review
30 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q1 2023, worth a combined $5.6M — down 6.3% from $5.98M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NRT and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Susquehanna International Group, adding an estimated $212K. The largest seller was Morgan Stanley, cutting an estimated $311K.
- 30 institutional investors held North European Oil Royalty Trust (NRT) as of Q1 2023, down from 32 in Q4 2022.
- Funds reported $5.6M of North European Oil Royalty Trust stock for Q1 2023, down 6.3% quarter-over-quarter.
- 3 funds opened new North European Oil Royalty Trust positions in Q1 2023 and 5 closed out, a net change of -2 holders.
- The largest North European Oil Royalty Trust buyer in Q1 2023 was Susquehanna International Group, an estimated $212K added.
- The largest North European Oil Royalty Trust seller in Q1 2023 was Morgan Stanley, an estimated $311K sold.
Based on aggregated 13F filings for Q1 2023.