North European Oil Royalty Trust
47 hedge funds and large institutions have $17.3M invested in North European Oil Royalty Trust in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 4 closing their positions.
748% more call options, than puts
Call options by funds: $424K | Put options by funds: $50K
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 45 → 47 (+2)
2.04% less ownership
Funds ownership: 10.64% → 8.6% (-2%)
20% less capital invested
Capital invested by funds: $21.7M → $17.3M (-$4.45M)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$624K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$268K |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$263K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$230K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSCM
Wellington Shields Capital Management
New York
|
-$1.61M |
| 2 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$1.5M |
| 3 |
Morgan Stanley
New York
|
-$330K |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$165K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$136K |
NRT Hedge Fund Activity: Q3 2013 in Review
47 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q3 2013, worth a combined $17.3M — down 20% from $21.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NRT positions and 4 closed out — a net gain of 2 holders — while 6 added to existing stakes and 15 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $624K. The largest seller was Wellington Shields Capital Management, exiting entirely with an estimated $1.61M sold.
- 47 institutional investors held North European Oil Royalty Trust (NRT) as of Q3 2013, up from 45 in Q2 2013.
- Funds reported $17.3M of North European Oil Royalty Trust stock for Q3 2013, down 20% quarter-over-quarter.
- 6 funds opened new North European Oil Royalty Trust positions in Q3 2013 and 4 closed out, a net change of +2 holders.
- The largest North European Oil Royalty Trust buyer in Q3 2013 was Renaissance Technologies, an estimated $624K added.
- The largest North European Oil Royalty Trust seller in Q3 2013 was Wellington Shields Capital Management, an estimated $1.61M sold.
Based on aggregated 13F filings for Q3 2013.