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OR Royalties Inc

90 hedge funds and large institutions have $614M invested in OR Royalties Inc in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

16,067% more call options, than puts

Call options by funds: $13.6M | Put options by funds: $84K

17% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 29

1.38% more ownership

Funds ownership: 49.69%51.07% (+1.4%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 9190 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

18% less capital invested

Capital invested by funds: $751M → $614M (-$137M)

Holders
90
Holders Change
-1
Holders Change %
-1.1%
% of All Funds
2.06%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
34
Reduced
29
Closed
6
Calls
$13.6M
Puts
$84K
Net Calls
+$13.5M
Net Calls Change
-$3.48M
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
$147M +$11K +1,286 +0%
VanEck Associates
2
VanEck Associates
New York
$119M +$6.35M +742,890 +5%
EIG
3
EdgePoint Investment Group
Ontario, Canada
$79M +$15.4M +1,806,014 +21%
IIM
4
Intact Investment Management
Quebec, Canada
$43.6M +$8.91M +1,042,000 +30%
Vanguard Group
5
Vanguard Group
Pennsylvania
$28.7M +$1.46M +170,268 +5%
TAM
6
Tocqueville Asset Management
New York
$28M +$2.34M +274,000 +7%
TD Asset Management
7
TD Asset Management
Ontario, Canada
$13.4M -$1.3M -151,576 -8%
Morgan Stanley
8
Morgan Stanley
New York
$13.1M +$2.76M +322,139 +23%
Public Sector Pension Investment Board (PSP Investments)
9
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$13.1M -$702K -82,027 -5%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$12.5M +$1.86M +217,200 +15%
PP
11
Paloma Partners
Connecticut
$9.26M -$1.38M -161,846 -12%
First Eagle Investment Management
12
First Eagle Investment Management
New York
$8.9M -$2.93M -342,020 -23%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$8.8M -$214K -25,000 -2%
Deutsche Bank
14
Deutsche Bank
Germany
$7.81M -$3.2M -374,552 -27%
Norges Bank
15
Norges Bank
Norway
$5.86M
CS
16
Credit Suisse
Switzerland
$5.84M -$1.17M -137,179 -15%
Renaissance Technologies
17
Renaissance Technologies
New York
$5.7M +$2.57M +300,198 +67%
SVG
18
Sun Valley Gold
Idaho
$4.81M -$642K -75,000 -11%
AIMCA
19
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$4.64M -$463K -54,100 -10%
UBS Group
20
UBS Group
Switzerland
$4.41M -$1.28M -149,534 -20%
Millennium Management
21
Millennium Management
New York
$3.77M +$1.63M +190,863 +62%
Goldman Sachs
22
Goldman Sachs
New York
$3.76M -$1.77M -207,299 -30%
CIBC Asset Management
23
CIBC Asset Management
Ontario, Canada
$2.65M -$379K -44,315 -11%
Fiera Capital (Canada)
24
Fiera Capital (Canada)
Quebec, Canada
$2.64M
FIMG
25
Financial & Investment Management Group
Michigan
$2.44M -$75.2K -8,794 -3%

OR Hedge Fund Activity: Q3 2018 in Review

90 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in OR Royalties Inc (OR) for Q3 2018, worth a combined $614M — down 18% from $751M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of OR and 5 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 34 added.

The largest buyer was EdgePoint Investment Group, adding an estimated $15.4M. The largest seller was Pembroke Management, exiting entirely with an estimated $18.5M sold.

  • 90 institutional investors held OR Royalties Inc (OR) as of Q3 2018, down from 91 in Q2 2018.
  • Funds reported $614M of OR Royalties Inc stock for Q3 2018, down 18% quarter-over-quarter.
  • 5 funds opened new OR Royalties Inc positions in Q3 2018 and 6 closed out, a net change of -1 holder.
  • The largest OR Royalties Inc buyer in Q3 2018 was EdgePoint Investment Group, an estimated $15.4M added.
  • The largest OR Royalties Inc seller in Q3 2018 was Pembroke Management, an estimated $18.5M sold.

Based on aggregated 13F filings for Q3 2018.