OR Royalties Inc
82 hedge funds and large institutions have $661M invested in OR Royalties Inc in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 10 closing their positions.
249% more call options, than puts
Call options by funds: $25.3M | Put options by funds: $7.26M
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
4% more funds holding
Funds holding: 79 → 82 (+3)
1.66% more ownership
Funds ownership: 59.95% → 61.61% (+1.7%)
7% less capital invested
Capital invested by funds: $713M → $661M (-$52.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$18.7M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$10.5M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$10.1M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$8.96M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$7.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$17.8M |
| 2 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$13.5M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$9.52M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.63M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$4.57M |
OR Hedge Fund Activity: Q4 2016 in Review
82 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in OR Royalties Inc (OR) for Q4 2016, worth a combined $661M — down 7.3% from $713M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new OR positions and 10 closed out — a net gain of 6 holders — while 28 added to existing stakes and 21 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $18.7M. The largest seller was VanEck Associates, cutting an estimated $17.8M.
- 82 institutional investors held OR Royalties Inc (OR) as of Q4 2016, up from 79 in Q3 2016.
- Funds reported $661M of OR Royalties Inc stock for Q4 2016, down 7.3% quarter-over-quarter.
- 16 funds opened new OR Royalties Inc positions in Q4 2016 and 10 closed out, a net change of +6 holders.
- The largest OR Royalties Inc buyer in Q4 2016 was First Eagle Investment Management, an estimated $18.7M added.
- The largest OR Royalties Inc seller in Q4 2016 was VanEck Associates, an estimated $17.8M sold.
Based on aggregated 13F filings for Q4 2016.