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NRT

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.

New
Increased
Maintained
Reduced
Closed

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: 4744 (-3)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
44
Holders Change
-3
Holders Change %
-6.38%
% of All Funds
1.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
11
Reduced
12
Closed
6
Calls
$400K
Puts
$64K
Net Calls
+$336K
Net Calls Change
-$38K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.19M -$54.6K -2,495 -1%
OC
2
Oppenheimer & Co
New York
$3.1M +$970K +44,312 +40%
Renaissance Technologies
3
Renaissance Technologies
New York
$941K +$469K +21,444 +84%
Bank of America
4
Bank of America
North Carolina
$810K +$30.4K +1,389 +4%
LCM
5
Lucas Capital Management
New Jersey
$691K -$195K -8,900 -20%
CPSAC
6
Chas P. Smith & Associates (CPS)
Florida
$673K +$492K +22,464 +200%
GT
7
Glenmede Trust
Pennsylvania
$606K +$7.29K +333 +1%
William Blair & Company
8
William Blair & Company
Illinois
$551K +$368K +16,800 +156%
BBI
9
Baxter Bros Inc
Connecticut
$365K -$43.8K -2,000 -10%
FIM
10
Fruth Investment Management
Texas
$359K +$21.9K +1,000 +6%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$293K +$10.7K +487 +3%
CGT
12
Capital Guardian Trust
California
$280K
Schroder Investment Management Group
13
Schroder Investment Management Group
United Kingdom
$266K
RA
14
Rational Advisors
New York
$260K
HighTower Advisors
15
HighTower Advisors
Illinois
$253K
Wells Fargo
16
Wells Fargo
California
$219K -$13.4K -614 -5%
MC
17
Menta Capital
California
$210K -$74.1K -3,384 -24%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$210K +$1.38K +63 +0.6%
Harris Associates
19
Harris Associates
Illinois
$204K
Deutsche Bank
20
Deutsche Bank
Germany
$178K -$266K -12,156 -58%
First Manhattan
21
First Manhattan
New York
$145K -$69K -3,150 -30%
ClearBridge Investments
22
ClearBridge Investments
New York
$136K
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$126K -$149K -6,821 -52%
PMFA
24
Plante Moran Financial Advisors
Michigan
$119K
Creative Planning
25
Creative Planning
Kansas
$115K +$197 +9 +0.2%

NRT Hedge Fund Activity: Q4 2013 in Review

44 of the 3,445 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.