North European Oil Royalty Trust
42 hedge funds and large institutions have $21.4M invested in North European Oil Royalty Trust in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 6 closing their positions.
135% more call options, than puts
Call options by funds: $348K | Put options by funds: $148K
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
27% more capital invested
Capital invested by funds: $16.9M → $21.4M (+$4.52M)
0.82% more ownership
Funds ownership: 9.18% → 10.01% (+0.82%)
5% less funds holding
Funds holding: 44 → 42 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
+$606K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$519K |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$388K |
| 4 |
HNB
Huntington National Bank
Columbus,
Ohio
|
+$283K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$78.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$941K |
| 2 |
Morgan Stanley
New York
|
-$218K |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$204K |
| 4 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$169K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$109K |
NRT Hedge Fund Activity: Q1 2014 in Review
42 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q1 2014, worth a combined $21.4M — up 27% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NRT and 5 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 12 added.
The largest buyer was Oppenheimer & Co, adding an estimated $606K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $941K sold.
- 42 institutional investors held North European Oil Royalty Trust (NRT) as of Q1 2014, down from 44 in Q4 2013.
- Funds reported $21.4M of North European Oil Royalty Trust stock for Q1 2014, up 27% quarter-over-quarter.
- 5 funds opened new North European Oil Royalty Trust positions in Q1 2014 and 6 closed out, a net change of -1 holder.
- The largest North European Oil Royalty Trust buyer in Q1 2014 was Oppenheimer & Co, an estimated $606K added.
- The largest North European Oil Royalty Trust seller in Q1 2014 was Renaissance Technologies, an estimated $941K sold.
Based on aggregated 13F filings for Q1 2014.