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NRT

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.

New
Increased
Maintained
Reduced
Closed

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: 4547 (+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

Holders
47
Holders Change
+2
Holders Change %
+4.44%
% of All Funds
1.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
6
Reduced
15
Closed
4
Calls
$424K
Puts
$50K
Net Calls
+$374K
Net Calls Change
+$360K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.73M -$330K -13,562 -5%
OC
2
Oppenheimer & Co
New York
$2.43M -$58.4K -2,400 -2%
LCM
3
Lucas Capital Management
New Jersey
$950K -$32.8K -1,350 -3%
Bank of America
4
Bank of America
North Carolina
$854K +$14.6K +600 +2%
GT
5
Glenmede Trust
Pennsylvania
$655K
Renaissance Technologies
6
Renaissance Technologies
New York
$561K +$624K +25,658 New
Deutsche Bank
7
Deutsche Bank
Germany
$460K +$268K +11,013 +109%
BBI
8
Baxter Bros Inc
Connecticut
$442K -$70.5K -2,900 -13%
FIM
9
Fruth Investment Management
Texas
$371K -$5.45K -224 -1%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$310K -$24 -1 -0%
CGT
11
Capital Guardian Trust
California
$306K
MC
12
Menta Capital
California
$304K +$127K +5,205 +60%
Schroder Investment Management Group
13
Schroder Investment Management Group
United Kingdom
$291K -$165K -6,800 -34%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$287K
RA
15
Rational Advisors
New York
$284K
HighTower Advisors
16
HighTower Advisors
Illinois
$277K
Wells Fargo
17
Wells Fargo
California
$253K -$136K -5,600 -33%
CPSAC
18
Chas P. Smith & Associates (CPS)
Florida
$245K
William Blair & Company
19
William Blair & Company
Illinois
$235K +$263K +10,800 New
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$228K -$559 -23 -0.2%
First Manhattan
21
First Manhattan
New York
$228K
Harris Associates
22
Harris Associates
Illinois
$223K
GCP
23
GSA Capital Partners
United Kingdom
$207K +$230K +9,465 New
ClearBridge Investments
24
ClearBridge Investments
New York
$149K
PMFA
25
Plante Moran Financial Advisors
Michigan
$130K

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.