OR Royalties Inc
95 hedge funds and large institutions have $911M invested in OR Royalties Inc in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 16 closing their positions.
130% more call options, than puts
Call options by funds: $20.3M | Put options by funds: $8.8M
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
1.98% more ownership
Funds ownership: 47.4% → 49.37% (+2%)
4% less funds holding
Funds holding: 99 → 95 (-4)
7% less capital invested
Capital invested by funds: $975M → $911M (-$63.6M)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$16.6M |
| 2 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$8.12M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$7.79M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.54M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$7.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$11.2M |
| 2 |
Millennium Management
New York
|
-$9.56M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$8.66M |
| 4 |
First Eagle Investment Management
New York
|
-$5.04M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Two Sigma Investments
New York
| – | -$306K | -23,706 | Closed |
|
|
OMC
102
Old Mission Capital
Chicago,
Illinois
| – | -$210K | -16,242 | Closed |
|
|
VF
103
Virtu Financial
New York
| – | -$145K | -11,246 | Closed |
|
|
MWNA
104
Marshall Wace North America
New York
| – | -$132K | -10,182 | Closed |
|
|
MA
105
MUFG Americas
New York
| – | -$65K | -5,000 | Closed |
|
|
BONST
106
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
| – | -$56K | -4,340 | Closed |
|
|
QT
107
Quantbot Technologies
New York
| – | -$50K | -3,944 | Closed |
|
108
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$24K | -1,840 | Closed |
|
|
NIT
109
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$13K | -1,000 | Closed |
|
110
Simplex Trading
Chicago,
Illinois
| – | -$3K | -300 | Closed |
|
OR Hedge Fund Activity: Q4 2017 in Review
95 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in OR Royalties Inc (OR) for Q4 2017, worth a combined $911M — down 6.5% from $975M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of OR and 13 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 37 added.
The largest buyer was VanEck Associates, adding an estimated $16.6M. The largest seller was Tocqueville Asset Management, cutting an estimated $11.2M.
- 95 institutional investors held OR Royalties Inc (OR) as of Q4 2017, down from 99 in Q3 2017.
- Funds reported $911M of OR Royalties Inc stock for Q4 2017, down 6.5% quarter-over-quarter.
- 13 funds opened new OR Royalties Inc positions in Q4 2017 and 16 closed out, a net change of -3 holders.
- The largest OR Royalties Inc buyer in Q4 2017 was VanEck Associates, an estimated $16.6M added.
- The largest OR Royalties Inc seller in Q4 2017 was Tocqueville Asset Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2017.