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Royal Gold

254 hedge funds and large institutions have $3.62B invested in Royal Gold in 2014 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 91 increasing their positions, 87 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 29

36% more call options, than puts

Call options by funds: $152M | Put options by funds: $112M

21% more capital invested

Capital invested by funds: $3B → $3.62B (+$621M)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

5% more funds holding

Funds holding: 242254 (+12)

5% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 87

Holders
254
Holders Change
+12
Holders Change %
+4.96%
% of All Funds
6.78%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.16%
New
43
Increased
91
Reduced
87
Closed
29
Calls
$152M
Puts
$112M
Net Calls
+$40.4M
Net Calls Change
+$54.6M
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
1
Americafirst Capital Management
California
$604M +$631K +9,628 New
VanEck Associates
2
VanEck Associates
New York
$343M +$24M +365,972 +7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$273M +$4.55M +69,310 +2%
BG
4
BlackRock Group
United Kingdom
$222M -$10.8M -164,858 -4%
TAM
5
Tocqueville Asset Management
New York
$129M +$6.41M +97,750 +5%
BFA
6
BlackRock Fund Advisors
California
$125M +$161K +2,462 +0.1%
Wells Fargo
7
Wells Fargo
California
$116M +$915K +13,953 +0.8%
BIT
8
BlackRock Institutional Trust
California
$115M +$1.72M +26,198 +1%
State Street
9
State Street
Massachusetts
$114M -$4.73M -72,176 -4%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$104M +$4.93M +75,154 +5%
Allianz Asset Management
11
Allianz Asset Management
Germany
$98.9M +$600K +9,151 +0.6%
PP
12
Prudential plc
United Kingdom
$89.7M +$15.3M +232,647 +19%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$75.3M +$33.2M +505,604 +73%
First Eagle Investment Management
14
First Eagle Investment Management
New York
$65.9M +$9.06M +138,103 +15%
GF
15
Gabelli Funds
New York
$63.2M -$8.59M -130,900 -11%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$59.7M +$3.83M +58,350 +7%
O
17
OppenheimerFunds
New York
$56.2M -$4.59M -70,000 -7%
SJIC
18
St. James Investment Company
Texas
$43.3M +$2.52M +38,419 +6%
USAA
19
United Services Automobile Association
Texas
$41.3M -$262K -4,000 -0.6%
AI
20
Analytic Investors
California
$38.8M +$37.5M +571,058 +1,198%
Deutsche Bank
21
Deutsche Bank
Germany
$37.1M +$18.7M +285,830 +94%
Northern Trust
22
Northern Trust
Illinois
$35.5M +$5.33M +81,276 +17%
HK
23
Horizon Kinetics
New York
$28.4M +$23.1M +352,875 +355%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$24.3M +$561K +8,546 +2%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$22.6M +$249K +3,794 +1%

RGLD Hedge Fund Activity: Q4 2014 in Review

254 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q4 2014, worth a combined $3.62B — up 21% from $3B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new RGLD positions and 29 closed out — a net gain of 14 holders — while 91 added to existing stakes and 87 trimmed.

The largest buyer was Analytic Investors, adding an estimated $37.5M. The largest seller was Guggenheim Capital, cutting an estimated $29.6M.

  • 254 institutional investors held Royal Gold (RGLD) as of Q4 2014, up from 242 in Q3 2014.
  • Funds reported $3.62B of Royal Gold stock for Q4 2014, up 21% quarter-over-quarter.
  • 43 funds opened new Royal Gold positions in Q4 2014 and 29 closed out, a net change of +14 holders.
  • The largest Royal Gold buyer in Q4 2014 was Analytic Investors, an estimated $37.5M added.
  • The largest Royal Gold seller in Q4 2014 was Guggenheim Capital, an estimated $29.6M sold.

Based on aggregated 13F filings for Q4 2014.