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OR Royalties Inc

163 hedge funds and large institutions have $1.38B invested in OR Royalties Inc in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 67 increasing their positions, 47 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

655% more call options, than puts

Call options by funds: $14.4M | Put options by funds: $1.91M

43% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 47

2.71% more ownership

Funds ownership: 60.1%62.81% (+2.7%)

7% less funds holding

Funds holding: 176163 (-13)

19% less capital invested

Capital invested by funds: $1.7B → $1.38B (-$327M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

38% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 29

Holders
163
Holders Change
-13
Holders Change %
-7.39%
% of All Funds
2.59%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
18
Increased
67
Reduced
47
Closed
29
Calls
$14.4M
Puts
$1.91M
Net Calls
+$12.5M
Net Calls Change
-$10M
Name Holding Trade Value Shares
Change
Change in
Stake
EIG
1
EdgePoint Investment Group
Ontario, Canada
$282M +$27.9M +2,044,928 +9%
VanEck Associates
2
VanEck Associates
New York
$236M +$11.1M +810,979 +4%
Millennium Management
3
Millennium Management
New York
$104M +$26.8M +1,963,774 +29%
Vanguard Group
4
Vanguard Group
Pennsylvania
$78.7M +$1.68M +122,926 +2%
Caisse de Depot et Placement du Quebec (CDPQ)
5
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$56.2M
Fidelity Investments
6
Fidelity Investments
Massachusetts
$45.8M -$4.81M -352,100 -8%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$45M -$4.46M -326,789 -11%
SI
8
Sprott Inc
Ontario, Canada
$40.4M +$1.23M +90,292 +3%
Invesco
9
Invesco
Georgia
$28.4M +$95.3K +6,979 +0.3%
BCIM
10
British Columbia Investment Management
British Columbia, Canada
$24.6M +$1.86M +136,341 +7%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$21.6M -$729K -53,401 -3%
HKAM
12
Horizon Kinetics Asset Management
New York
$20.2M -$3.4M -249,226 -13%
Norges Bank
13
Norges Bank
Norway
$17.1M -$2.66M -195,010 -12%
Principal Financial Group
14
Principal Financial Group
Iowa
$17.1M +$95.6K +7,000 +0.5%
Amundi
15
Amundi
France
$16.8M +$542K +39,733 +3%
Verition Fund Management
16
Verition Fund Management
Connecticut
$16.5M +$11.1M +814,093 +138%
National Bank of Canada
17
National Bank of Canada
Quebec, Canada
$15.5M +$2.87M +210,209 +18%
Ameriprise
18
Ameriprise
Minnesota
$15M +$5.69M +416,855 +48%
EPAM
19
Euro Pacific Asset Management
Puerto Rico
$14.5M +$163K +11,915 +1%
GACM
20
Global Alpha Capital Management
Quebec, Canada
$14.3M
Morgan Stanley
21
Morgan Stanley
New York
$14.3M +$4.51M +330,409 +37%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$13.3M +$132K +9,676 +0.9%
TD Asset Management
23
TD Asset Management
Ontario, Canada
$12.4M -$3.88M -284,105 -21%
BCM
24
Bornite Capital Management
New York
$11.9M +$13.7M +1,000,000 +6,667%
GF
25
Gabelli Funds
New York
$11M +$1.74M +127,500 +16%

OR Hedge Fund Activity: Q3 2023 in Review

163 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in OR Royalties Inc (OR) for Q3 2023, worth a combined $1.38B — down 19% from $1.7B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of OR and 18 opened new positions — a net loss of 11 holders — while 47 trimmed existing stakes and 67 added.

The largest buyer was EdgePoint Investment Group, adding an estimated $27.9M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $7.58M sold.

  • 163 institutional investors held OR Royalties Inc (OR) as of Q3 2023, down from 176 in Q2 2023.
  • Funds reported $1.38B of OR Royalties Inc stock for Q3 2023, down 19% quarter-over-quarter.
  • 18 funds opened new OR Royalties Inc positions in Q3 2023 and 29 closed out, a net change of -11 holders.
  • The largest OR Royalties Inc buyer in Q3 2023 was EdgePoint Investment Group, an estimated $27.9M added.
  • The largest OR Royalties Inc seller in Q3 2023 was Hillsdale Investment Management, an estimated $7.58M sold.

Based on aggregated 13F filings for Q3 2023.