OR Royalties Inc
116 hedge funds and large institutions have $767M invested in OR Royalties Inc in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 48 increasing their positions, 25 reducing their positions, and 15 closing their positions.
499% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $3.03M
92% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 25
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
11.11% more ownership
Funds ownership: 49.67% → 60.78% (+11%)
10% more funds holding
Funds holding: 105 → 116 (+11)
5% less capital invested
Capital invested by funds: $805M → $767M (-$38.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$57.9M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$14M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.2M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$11.7M |
| 5 |
Millennium Management
New York
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$11.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10M |
| 3 |
VanEck Associates
New York
|
-$6.34M |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$3.39M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
126
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$6.34K | -540 | -92% |
|
|
KCPG
127
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$3K | -300 | Closed |
|
|
CG
128
Cutler Group
San Francisco,
California
| – | -$1.17K | -100 | Closed |
|
|
TFA
129
Toth Financial Advisory
Leesburg,
Virginia
| – | -$1K | -100 | Closed |
|
130
Fidelity Investments
Boston,
Massachusetts
| – | +$12 | +1 | New |
|
OR Hedge Fund Activity: Q3 2019 in Review
116 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in OR Royalties Inc (OR) for Q3 2019, worth a combined $767M — down 4.7% from $805M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new OR positions and 15 closed out — a net gain of 12 holders — while 48 added to existing stakes and 25 trimmed.
The largest buyer was Tocqueville Asset Management, adding an estimated $57.9M. The largest seller was Luminus Management, exiting entirely with an estimated $11.7M sold.
- 116 institutional investors held OR Royalties Inc (OR) as of Q3 2019, up from 105 in Q2 2019.
- Funds reported $767M of OR Royalties Inc stock for Q3 2019, down 4.7% quarter-over-quarter.
- 27 funds opened new OR Royalties Inc positions in Q3 2019 and 15 closed out, a net change of +12 holders.
- The largest OR Royalties Inc buyer in Q3 2019 was Tocqueville Asset Management, an estimated $57.9M added.
- The largest OR Royalties Inc seller in Q3 2019 was Luminus Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2019.