Royal Gold
RGLD
261 hedge funds and large institutions have $2.23B invested in Royal Gold in 2015 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 90 increasing their positions, 87 reducing their positions, and 23 closing their positions.
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
5% more funds holding
Funds holding: 248 → 261 (+13)
3% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 87
10% less call options, than puts
Call options by funds: $63.8M | Put options by funds: $70.6M
23% less capital invested
Capital invested by funds: $2.89B → $2.23B (-$665M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$66.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$23.6M |
| 3 |
Millennium Management
New York
|
+$20.8M |
| 4 |
Renaissance Technologies
New York
|
+$14.4M |
| 5 |
3CP
3G Capital Partners
New York
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$67.6M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
-$60M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$36.4M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$25.8M |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$16.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IGIM
276
I.G. Investment Management
Winnipeg,
Manitoba, Canada
| – | -$214K | -3,467 | Closed |
|
277
Group One Trading
Chicago,
Illinois
| – | -$174K | -3,387 | Closed |
|
|
AIM
278
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$91K | -1,331 | Closed |
|
|
SEC
279
Seven Eight Capital
New York
| – | -$49K | -800 | Closed |
|
280
Simplex Trading
Chicago,
Illinois
| – | -$30K | -584 | Closed |
|
|
RFA
281
Reilly Financial Advisors
La Mesa,
California
| – | -$25K | -400 | Closed |
|
|
QCG
282
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$10.2K | -199 | -93% |
|
|
KCPG
283
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$10K | -175 | Closed |
|
|
MIM
284
Macroview Investment Management
Bethesda,
Maryland
| – | -$8.49K | -165 | -96% |
|
|
EFSCE
285
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$2K | -29 | Closed |
|
RGLD Hedge Fund Activity: Q3 2015 in Review
261 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q3 2015, worth a combined $2.23B — down 23% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RGLD positions and 23 closed out — a net gain of 16 holders — while 90 added to existing stakes and 87 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $66.1M. The largest seller was VanEck Associates, cutting an estimated $67.6M.
- 261 institutional investors held Royal Gold (RGLD) as of Q3 2015, up from 248 in Q2 2015.
- Funds reported $2.23B of Royal Gold stock for Q3 2015, down 23% quarter-over-quarter.
- 39 funds opened new Royal Gold positions in Q3 2015 and 23 closed out, a net change of +16 holders.
- The largest Royal Gold buyer in Q3 2015 was First Eagle Investment Management, an estimated $66.1M added.
- The largest Royal Gold seller in Q3 2015 was VanEck Associates, an estimated $67.6M sold.
Based on aggregated 13F filings for Q3 2015.