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Royal Gold

410 hedge funds and large institutions have $5.81B invested in Royal Gold in 2023 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 115 increasing their positions, 168 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more call options, than puts

Call options by funds: $93.1M | Put options by funds: $64.1M

0.09% more ownership

Funds ownership: 83.03%83.12% (+0.09%)

5% less funds holding

Funds holding: 432410 (-22)

7% less capital invested

Capital invested by funds: $6.27B → $5.81B (-$457M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

32% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 168

36% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 59

Holders
410
Holders Change
-22
Holders Change %
-5.09%
% of All Funds
6.51%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
38
Increased
115
Reduced
168
Closed
59
Calls
$93.1M
Puts
$64.1M
Net Calls
+$29M
Net Calls Change
-$19.8M
Name Holding Trade Value Shares
Change
Change in
Stake
DRZID
26
DePrince Race & Zollo Inc (DRZ)
Florida
$26.2M +$2.32M +20,424 +9%
T. Rowe Price Associates
27
T. Rowe Price Associates
Maryland
$25.9M -$11M -97,150 -29%
Principal Financial Group
28
Principal Financial Group
Iowa
$25.8M -$489K -4,298 -2%
N
29
Nuveen
North Carolina
$25.7M -$1.69M -14,886 -6%
California Public Employees Retirement System
30
California Public Employees Retirement System
California
$25.5M +$1.66M +14,566 +6%
GF
31
Gabelli Funds
New York
$25.3M -$114K -1,000 -0.4%
American Century Companies
32
American Century Companies
Missouri
$25.2M +$5.89M +51,795 +28%
Russell Investments Group
33
Russell Investments Group
United Kingdom
$25M +$683K +6,009 +3%
Deutsche Bank
34
Deutsche Bank
Germany
$21.5M -$582K -5,120 -2%
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$20.6M -$155K -1,368 -0.7%
Legal & General Group
36
Legal & General Group
United Kingdom
$19.4M -$32.9K -289 -0.2%
MAM
37
Martingale Asset Management
Massachusetts
$18.9M -$980K -8,623 -5%
JP Morgan Chase
38
JP Morgan Chase
New York
$18.8M -$7.37M -64,845 -27%
AFIA
39
America First Investment Advisors
Nebraska
$16.9M +$154K +1,359 +0.9%
T. Rowe Price Investment Management
40
T. Rowe Price Investment Management
Maryland
$16.8M +$18M +158,206 New
UBS AM
41
UBS AM
Illinois
$16.8M +$5.5M +48,415 +44%
Victory Capital Management
42
Victory Capital Management
Texas
$16.8M +$36.9K +325 +0.2%
Bank of America
43
Bank of America
North Carolina
$15.6M -$5.14M -45,250 -24%
Swiss National Bank
44
Swiss National Bank
Switzerland
$15.4M +$171K +1,500 +1%
HKAM
45
Horizon Kinetics Asset Management
New York
$14M -$386K -3,395 -3%
Allianz Asset Management
46
Allianz Asset Management
Germany
$13.8M +$1.25K +11 +0%
National Bank of Canada
47
National Bank of Canada
Quebec, Canada
$13.7M -$13.2K -116 -0.1%
Allspring Global Investments
48
Allspring Global Investments
North Carolina
$13.4M +$6.59K +58 +0%
CS
49
Credit Suisse
Switzerland
$13.4M -$150K -1,316 -1%
AA
50
Armor Advisors
New York
$13.3M -$848K -7,458 -6%

RGLD Hedge Fund Activity: Q3 2023 in Review

410 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q3 2023, worth a combined $5.81B — down 7.3% from $6.27B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of RGLD and 38 opened new positions — a net loss of 21 holders — while 168 trimmed existing stakes and 115 added.

The largest buyer was Capital World Investors, adding an estimated $184M. The largest seller was Norges Bank, cutting an estimated $104M.

  • 410 institutional investors held Royal Gold (RGLD) as of Q3 2023, down from 432 in Q2 2023.
  • Funds reported $5.81B of Royal Gold stock for Q3 2023, down 7.3% quarter-over-quarter.
  • 38 funds opened new Royal Gold positions in Q3 2023 and 59 closed out, a net change of -21 holders.
  • The largest Royal Gold buyer in Q3 2023 was Capital World Investors, an estimated $184M added.
  • The largest Royal Gold seller in Q3 2023 was Norges Bank, an estimated $104M sold.

Based on aggregated 13F filings for Q3 2023.