North European Oil Royalty Trust
44 hedge funds and large institutions have $16.9M invested in North European Oil Royalty Trust in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 6 closing their positions.
525% more call options, than puts
Call options by funds: $400K | Put options by funds: $64K
0.58% more ownership
Funds ownership: 8.6% → 9.18% (+0.58%)
2% less capital invested
Capital invested by funds: $17.3M → $16.9M (-$405K)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
6% less funds holding
Funds holding: 47 → 44 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
+$970K |
| 2 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$492K |
| 3 |
Renaissance Technologies
New York
|
+$469K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$368K |
| 5 |
TAM
Tocqueville Asset Management
New York
|
+$87.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$266K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$207K |
| 3 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$195K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$149K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$74.1K |
NRT Hedge Fund Activity: Q4 2013 in Review
44 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q4 2013, worth a combined $16.9M — down 2.3% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NRT and 3 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was Oppenheimer & Co, adding an estimated $970K. The largest seller was Deutsche Bank, cutting an estimated $266K.
- 44 institutional investors held North European Oil Royalty Trust (NRT) as of Q4 2013, down from 47 in Q3 2013.
- Funds reported $16.9M of North European Oil Royalty Trust stock for Q4 2013, down 2.3% quarter-over-quarter.
- 3 funds opened new North European Oil Royalty Trust positions in Q4 2013 and 6 closed out, a net change of -3 holders.
- The largest North European Oil Royalty Trust buyer in Q4 2013 was Oppenheimer & Co, an estimated $970K added.
- The largest North European Oil Royalty Trust seller in Q4 2013 was Deutsche Bank, an estimated $266K sold.
Based on aggregated 13F filings for Q4 2013.