North European Oil Royalty Trust
42 hedge funds and large institutions have $19.9M invested in North European Oil Royalty Trust in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 7 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
0% less ownership
Funds ownership: 10.46% → 10.46% (-0%)
9% less funds holding
Funds holding: 46 → 42 (-4)
14% less capital invested
Capital invested by funds: $23.1M → $19.9M (-$3.15M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
96% less call options, than puts
Call options by funds: $15K | Put options by funds: $334K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRS
Neville Rodie & Shaw
New York
|
+$296K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$186K |
| 3 |
FIM
Fruth Investment Management
Houston,
Texas
|
+$177K |
| 4 |
Morgan Stanley
New York
|
+$154K |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBI
Baxter Bros Inc
Riverside,
Connecticut
|
-$354K |
| 2 |
FMW
Farr Miller & Washington
Washington,
District of Columbia
|
-$240K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$211K |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$96K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$76K |
NRT Hedge Fund Activity: Q3 2014 in Review
42 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in North European Oil Royalty Trust (NRT) for Q3 2014, worth a combined $19.9M — down 14% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NRT and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 12 added.
The largest buyer was Neville Rodie & Shaw, adding an estimated $296K. The largest seller was Baxter Bros Inc, exiting entirely with an estimated $354K sold.
- 42 institutional investors held North European Oil Royalty Trust (NRT) as of Q3 2014, down from 46 in Q2 2014.
- Funds reported $19.9M of North European Oil Royalty Trust stock for Q3 2014, down 14% quarter-over-quarter.
- 3 funds opened new North European Oil Royalty Trust positions in Q3 2014 and 7 closed out, a net change of -4 holders.
- The largest North European Oil Royalty Trust buyer in Q3 2014 was Neville Rodie & Shaw, an estimated $296K added.
- The largest North European Oil Royalty Trust seller in Q3 2014 was Baxter Bros Inc, an estimated $354K sold.
Based on aggregated 13F filings for Q3 2014.