Royal Gold
RGLD
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.
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: 221 → 235 (+14)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$38.5M |
| 2 |
SJIC
St. James Investment Company
Southlake,
Texas
|
+$33.2M |
| 3 |
VAM
Vontobel Asset Management
New York
|
+$24.3M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$16.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$70.5M |
| 2 |
Renaissance Technologies
New York
|
-$13.6M |
| 3 |
Morgan Stanley
New York
|
-$13M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.5M |
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.