We are live on ! Find out more
RGLD icon

Royal Gold
RGLD

650 hedge funds and large institutions have $12.4B invested in Royal Gold in 2025 Q3 according to their latest regulatory filings, with 110 funds opening new positions, 225 increasing their positions, 211 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 68

33% more funds holding in top 10

Funds holding in top 10: 6 → 8 (+2)

21% more capital invested

Capital invested by funds: $10.2B → $12.4B (+$2.15B)

19% more call options, than puts

Call options by funds: $204M | Put options by funds: $171M

6.31% more ownership

Funds ownership: 87.52% → 93.83% (+6.3%)

6% more funds holding

Funds holding: 612 → 650 (+38)

7% more repeat investments, than reductions

Existing positions increased: 225 | Existing positions reduced: 211

Holders
650
Holders Change
+38
Holders Change %
+6.21%
% of All Funds
8.53%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
110
Increased
225
Reduced
211
Closed
68
Calls
$204M
Puts
$171M
Net Calls
+$32.4M
Net Calls Change
+$28.2M

Top Buyers

1
VanEck Associates
VanEck Associates
New York
+$441M
2
Citadel Advisors
Citadel Advisors
Florida
+$86.7M
3
Millennium Management
Millennium Management
New York
+$84.2M
4
UBS Group
UBS Group
Switzerland
+$63.4M
5
Baird Financial Group
Baird Financial Group
Wisconsin
+$49.3M

Top Sellers

1
First Eagle Investment Management
First Eagle Investment Management
New York
-$190M
2
AQR Capital Management
AQR Capital Management
Connecticut
-$153M
3
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
-$33.5M
4
DCM
Driehaus Capital Management
Illinois
-$20.4M
5
UBS AM
UBS AM
Illinois
-$20.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
RPGK
276
Retirement Planning Group (Kansas)
Kansas
$1.17M -$16.6K -96 -2%
IA
277
IFP Advisors
Florida
$1.15M +$864K +4,996 +696%
BCI
278
Brinker Capital Investments
Pennsylvania
$1.14M +$70.9K +410 +8%
Massachusetts Financial Services
279
Massachusetts Financial Services
Massachusetts
$1.12M +$12.3K +71 +1%
OAM
280
Oxford Asset Management
United Kingdom
$1.11M +$959K +5,542 New
CGH
281
Crossmark Global Holdings
Texas
$1.08M +$125K +724 +15%
PFS
282
Prospera Financial Services
Texas
$1.07M +$921K +5,325 New
WC
283
Winmill & Co
New York
$1.06M – – –
ATC
284
Argent Trust Co
Tennessee
$1.06M – – –
AF
285
Allworth Financial
California
$1.06M +$35.6K +206 +4%
DCA
286
DSG Capital Advisors
Minnesota
$1.02M -$30.3K -175 -3%
PAG
287
Private Advisor Group
New Jersey
$1.02M +$85.3K +493 +11%
Toronto Dominion Bank
288
Toronto Dominion Bank
Ontario, Canada
$1.02M +$494K +2,857 +129%
AWM
289
AE Wealth Management
Kansas
$1.02M +$306K +1,771 +54%
CIM
290
Confluence Investment Management
Missouri
$992K +$23K +133 +3%
SAM
291
Securian Asset Management
Minnesota
$989K -$24.4K -141 -3%
SA
292
Sylvest Advisors
Texas
$966K +$37.2K +215 +5%
DAS
293
Dynamic Advisor Solutions
Arizona
$966K +$833K +4,814 New
IWM
294
IHT Wealth Management
Illinois
$945K +$83.2K +481 +11%
QCG
295
Quadrant Capital Group
Ohio
$941K -$213K -1,231 -21%
M&T Bank
296
M&T Bank
New York
$925K -$302K -1,745 -27%
MML Investors Services
297
MML Investors Services
Massachusetts
$921K -$118K -685 -13%
FDCDDQ
298
Federation des caisses Desjardins du Quebec
Quebec, Canada
$914K +$775K +4,479 +5,817%
KA
299
Kovack Advisors
Florida
$913K -$86.5K -500 -10%
DFCM
300
Dark Forest Capital Management
Puerto Rico
$907K -$5.58M -32,266 -88%
10 11
12
13 14

RGLD Hedge Fund Activity: Q3 2025 in Review

650 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q3 2025, worth a combined $12.4B — up 21% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 110 funds opened new RGLD positions and 68 closed out — a net gain of 42 holders — while 225 added to existing stakes and 211 trimmed.

The largest buyer was VanEck Associates, adding an estimated $441M. The largest seller was First Eagle Investment Management, cutting an estimated $190M.

  • 650 institutional investors held Royal Gold (RGLD) as of Q3 2025, up from 612 in Q2 2025.
  • Funds reported $12.4B of Royal Gold stock for Q3 2025, up 21% quarter-over-quarter.
  • 110 funds opened new Royal Gold positions in Q3 2025 and 68 closed out, a net change of +42 holders.
  • The largest Royal Gold buyer in Q3 2025 was VanEck Associates, an estimated $441M added.
  • The largest Royal Gold seller in Q3 2025 was First Eagle Investment Management, an estimated $190M sold.

Based on aggregated 13F filings for Q3 2025.