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OR Royalties Inc

99 hedge funds and large institutions have $975M invested in OR Royalties Inc in 2017 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 27 increasing their positions, 30 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

12,684% more call options, than puts

Call options by funds: $35.7M | Put options by funds: $279K

400% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 4

24% more capital invested

Capital invested by funds: $786M → $975M (+$189M)

19% more funds holding

Funds holding: 8399 (+16)

10% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 30

11.32% less ownership

Funds ownership: 58.71%47.4% (-11%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
99
Holders Change
+16
Holders Change %
+19.28%
% of All Funds
2.47%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
20
Increased
27
Reduced
30
Closed
4
Calls
$35.7M
Puts
$279K
Net Calls
+$35.4M
Net Calls Change
+$16.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Caisse de Depot et Placement du Quebec (CDPQ)
1
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$246M +$181M +14,029,678 +281%
VanEck Associates
2
VanEck Associates
New York
$174M +$29.8M +2,301,699 +21%
TAM
3
Tocqueville Asset Management
New York
$70.4M -$347K -26,840 -0.5%
EIG
4
EdgePoint Investment Group
Ontario, Canada
$51.1M
First Eagle Investment Management
5
First Eagle Investment Management
New York
$50.6M
Vanguard Group
6
Vanguard Group
Pennsylvania
$42M +$13.8M +1,064,797 +49%
IIM
7
Intact Investment Management
Quebec, Canada
$32.9M -$8.07M -624,400 -23%
MBI
8
Montrusco Bolton Investments
Quebec, Canada
$30.1M -$8.43M -652,152 -22%
PP
9
Prudential plc
United Kingdom
$28.7M
PM
10
Pembroke Management
Quebec, Canada
$25.5M -$2.45M -189,400 -11%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$21.5M +$5.21M +403,077 +32%
PP
12
Paloma Partners
Connecticut
$19.4M +$2.52M +194,913 +15%
Public Sector Pension Investment Board (PSP Investments)
13
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$17.2M -$233K -18,000 -1%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$16M +$107K +8,300 +0.7%
Morgan Stanley
15
Morgan Stanley
New York
$14.2M -$3.31M -256,334 -19%
AIMCA
16
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$13.3M -$6.74M -520,900 -39%
CS
17
Credit Suisse
Switzerland
$10.3M +$880K +68,069 +9%
Millennium Management
18
Millennium Management
New York
$9.56M -$9.94M -768,398 -51%
Deutsche Bank
19
Deutsche Bank
Germany
$8.68M -$5.96M -460,900 -41%
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7.81M -$1.28M -98,827 -14%
CIBC Asset Management
21
CIBC Asset Management
Ontario, Canada
$6.95M +$5.4M +417,498 +341%
UBS Group
22
UBS Group
Switzerland
$6.76M -$1.11M -85,854 -14%
Goldman Sachs
23
Goldman Sachs
New York
$5.43M -$5.91M -456,817 -52%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$5.12M -$7.77M -600,876 -60%
Fiera Capital (Canada)
25
Fiera Capital (Canada)
Quebec, Canada
$5.04M -$1.52M -117,328 -23%

OR Hedge Fund Activity: Q3 2017 in Review

99 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in OR Royalties Inc (OR) for Q3 2017, worth a combined $975M — up 24% from $786M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new OR positions and 4 closed out — a net gain of 16 holders — while 27 added to existing stakes and 30 trimmed.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $181M. The largest seller was Waratah Capital Advisors, exiting entirely with an estimated $18.7M sold.

  • 99 institutional investors held OR Royalties Inc (OR) as of Q3 2017, up from 83 in Q2 2017.
  • Funds reported $975M of OR Royalties Inc stock for Q3 2017, up 24% quarter-over-quarter.
  • 20 funds opened new OR Royalties Inc positions in Q3 2017 and 4 closed out, a net change of +16 holders.
  • The largest OR Royalties Inc buyer in Q3 2017 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $181M added.
  • The largest OR Royalties Inc seller in Q3 2017 was Waratah Capital Advisors, an estimated $18.7M sold.

Based on aggregated 13F filings for Q3 2017.