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Royal Gold

247 hedge funds and large institutions have $1.74B invested in Royal Gold in 2015 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 88 increasing their positions, 84 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

5% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 84

5% less funds holding

Funds holding: 261247 (-14)

21% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 47

22% less capital invested

Capital invested by funds: $2.23B → $1.74B (-$484M)

52% less call options, than puts

Call options by funds: $34.1M | Put options by funds: $71.1M

Holders
247
Holders Change
-14
Holders Change %
-5.36%
% of All Funds
6.48%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
37
Increased
88
Reduced
84
Closed
47
Calls
$34.1M
Puts
$71.1M
Net Calls
-$37M
Net Calls Change
-$30.3M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$180M -$3.06M -73,189 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$176M +$1.01M +24,282 +0.5%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$155M +$994K +23,796 +0.6%
BFA
4
BlackRock Fund Advisors
California
$80.8M +$1.72M +41,242 +2%
State Street
5
State Street
Massachusetts
$72.4M +$2.64M +63,237 +3%
BIT
6
BlackRock Institutional Trust
California
$69.7M +$205K +4,916 +0.3%
Wells Fargo
7
Wells Fargo
California
$58.5M +$14.9M +356,113 +29%
Allianz Asset Management
8
Allianz Asset Management
Germany
$46.5M +$2.29M +54,847 +4%
SJIC
9
St. James Investment Company
Texas
$45.1M +$20.9M +499,646 +68%
Capital World Investors
10
Capital World Investors
California
$42M
TAM
11
Tocqueville Asset Management
New York
$39.7M -$7.99M -191,200 -15%
GF
12
Gabelli Funds
New York
$38.5M +$2.46M +59,000 +6%
SAC
13
Smith Affiliated Capital
New York
$36.5M
O
14
OppenheimerFunds
New York
$31M +$20.9M +501,266 +143%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$30M -$7.76M -185,779 -18%
Deutsche Bank
16
Deutsche Bank
Germany
$27.2M +$3.42M +81,861 +12%
PP
17
Prudential plc
United Kingdom
$26.4M
Fidelity Investments
18
Fidelity Investments
Massachusetts
$22.9M -$4.49M -107,560 -15%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$22.6M +$4.72M +112,996 +22%
Northern Trust
20
Northern Trust
Illinois
$22M +$745K +17,837 +3%
3CP
21
3G Capital Partners
New York
$21.9M +$14.6M +350,000 +140%
USAA
22
United Services Automobile Association
Texas
$19.7M -$443K -10,600 -2%
KGI
23
Kopernik Global Investors
Florida
$19.5M +$22.4M +535,350 New
HK
24
Horizon Kinetics
New York
$17.2M -$10.2M -243,191 -34%
AI
25
Analytic Investors
California
$16.4M -$7.62M -182,330 -29%

RGLD Hedge Fund Activity: Q4 2015 in Review

247 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q4 2015, worth a combined $1.74B — down 22% from $2.23B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of RGLD and 37 opened new positions — a net loss of 10 holders — while 84 trimmed existing stakes and 88 added.

The largest buyer was Kopernik Global Investors, opening a new position worth an estimated $22.4M. The largest seller was BlackRock Group, cutting an estimated $64.7M.

  • 247 institutional investors held Royal Gold (RGLD) as of Q4 2015, down from 261 in Q3 2015.
  • Funds reported $1.74B of Royal Gold stock for Q4 2015, down 22% quarter-over-quarter.
  • 37 funds opened new Royal Gold positions in Q4 2015 and 47 closed out, a net change of -10 holders.
  • The largest Royal Gold buyer in Q4 2015 was Kopernik Global Investors, an estimated $22.4M added.
  • The largest Royal Gold seller in Q4 2015 was BlackRock Group, an estimated $64.7M sold.

Based on aggregated 13F filings for Q4 2015.