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Royal Gold

235 hedge funds and large institutions have $2.1B invested in Royal Gold in 2013 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 69 increasing their positions, 85 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 28

17% more call options, than puts

Call options by funds: $109M | Put options by funds: $93.7M

6% more funds holding

Funds holding: 221235 (+14)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less capital invested

Capital invested by funds: $2.23B → $2.1B (-$125M)

19% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 85

Holders
235
Holders Change
+14
Holders Change %
+6.33%
% of All Funds
6.82%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
42
Increased
69
Reduced
85
Closed
28
Calls
$109M
Puts
$93.7M
Net Calls
+$15.7M
Net Calls Change
+$776K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
101
UBS AM
Illinois
$1.45M -$47.2K -1,000 -3%
LMGAM
102
Liberty Mutual Group Asset Management
Massachusetts
$1.43M +$504K +10,683 +53%
SOMRS
103
State of Michigan Retirement System
Michigan
$1.41M +$9.43K +200 +0.7%
PTCG
104
Pring Turner Capital Group
California
$1.31M +$1.34M +28,426 New
SG Americas Securities
105
SG Americas Securities
New York
$1.25M -$450K -9,535 -26%
PP
106
Paloma Partners
Connecticut
$1.18M -$2.55M -54,047 -68%
N
107
Nuveen
North Carolina
$1.16M
BA
108
BlackRock Advisors
Delaware
$1.15M +$723K +15,328 +161%
IRF
109
IBM Retirement Fund
New York
$1.14M -$59.8K -1,268 -5%
Capital Fund Management (CFM)
110
Capital Fund Management (CFM)
France
$1.08M +$1.11M +23,537 New
PA
111
Profund Advisors
Maryland
$1.07M -$177K -3,747 -14%
HT
112
HAP Trading
New York
$1.05M -$766K -16,246 -42%
Boston Partners
113
Boston Partners
Massachusetts
$1.01M +$1.03M +21,900 New
BA
114
Bard Associates
Illinois
$1M -$11.8K -250 -1%
Neuberger Berman Group
115
Neuberger Berman Group
New York
$999K +$1.02M +21,694 New
PRCM
116
Pine River Capital Management
Minnesota
$959K +$981K +20,800 New
CCM
117
Coe Capital Management
Illinois
$921K +$472K +10,000 +100%
Barclays
118
Barclays
United Kingdom
$917K -$409K -8,663 -30%
Public Employees Retirement Association of Colorado
119
Public Employees Retirement Association of Colorado
Colorado
$889K +$1.75K +37 +0.2%
Fidelity International
120
Fidelity International
Bermuda
$886K +$907K +19,229 New
Ohio Public Employees Retirement System (OPERS)
121
Ohio Public Employees Retirement System (OPERS)
Ohio
$878K +$166K +3,524 +23%
COPPSERS
122
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$875K +$141K +2,988 +19%
GI
123
GAMCO Investors
Connecticut
$871K
OPERF
124
Oregon Public Employees Retirement Fund
Oregon
$848K +$212K +4,500 +32%
MERSOM
125
Municipal Employees' Retirement System of Michigan
Michigan
$820K +$335K +7,100 +66%

RGLD Hedge Fund Activity: Q4 2013 in Review

235 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q4 2013, worth a combined $2.1B — down 5.6% from $2.23B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new RGLD positions and 28 closed out — a net gain of 14 holders — while 69 added to existing stakes and 85 trimmed.

The largest buyer was Wells Fargo, adding an estimated $38.5M. The largest seller was Norges Bank, exiting entirely with an estimated $70.5M sold.

  • 235 institutional investors held Royal Gold (RGLD) as of Q4 2013, up from 221 in Q3 2013.
  • Funds reported $2.1B of Royal Gold stock for Q4 2013, down 5.6% quarter-over-quarter.
  • 42 funds opened new Royal Gold positions in Q4 2013 and 28 closed out, a net change of +14 holders.
  • The largest Royal Gold buyer in Q4 2013 was Wells Fargo, an estimated $38.5M added.
  • The largest Royal Gold seller in Q4 2013 was Norges Bank, an estimated $70.5M sold.

Based on aggregated 13F filings for Q4 2013.