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Royal Gold

289 hedge funds and large institutions have $3.16B invested in Royal Gold in 2016 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 106 increasing their positions, 89 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

73.2% more ownership

Funds ownership: 0%73.2% (+73%)

52% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 33

19% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 89

4% more funds holding

Funds holding: 277289 (+12)

7% less call options, than puts

Call options by funds: $104M | Put options by funds: $112M

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

18% less capital invested

Capital invested by funds: $3.85B → $3.16B (-$688M)

Holders
289
Holders Change
+12
Holders Change %
+4.33%
% of All Funds
7.22%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.13%
New
50
Increased
106
Reduced
89
Closed
33
Calls
$104M
Puts
$112M
Net Calls
-$7.95M
Net Calls Change
+$3.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$344M +$10.6M +156,023 +3%
VanEck Associates
2
VanEck Associates
New York
$268M -$1.24M -18,218 -0.4%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$205M -$35.7K -525 -0%
Norges Bank
4
Norges Bank
Norway
$172M
BFA
5
BlackRock Fund Advisors
California
$166M +$13.8M +202,260 +8%
Capital World Investors
6
Capital World Investors
California
$151M +$24.8M +365,000 +18%
State Street
7
State Street
Massachusetts
$142M +$12.4M +181,525 +9%
SAC
8
Smith Affiliated Capital
New York
$127M
BIT
9
BlackRock Institutional Trust
California
$125M +$4.6M +67,586 +4%
Wells Fargo
10
Wells Fargo
California
$77.1M +$15.5M +227,375 +23%
SJIC
11
St. James Investment Company
Texas
$63.9M -$2.08M -30,490 -3%
TAM
12
Tocqueville Asset Management
New York
$63.1M -$1.33M -19,600 -2%
O
13
OppenheimerFunds
New York
$60.5M -$3.29M -48,371 -5%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$59.6M -$1.12M -16,497 -2%
Goldman Sachs
15
Goldman Sachs
New York
$47.9M -$2.15M -31,525 -4%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$47.9M -$6.48M -95,207 -11%
GF
17
Gabelli Funds
New York
$46M -$18.7M -275,377 -27%
PP
18
Prudential plc
United Kingdom
$45.8M
Northern Trust
19
Northern Trust
Illinois
$44.7M -$151K -2,220 -0.3%
KGI
20
Kopernik Global Investors
Florida
$42.6M +$1.33M +19,466 +3%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$38.8M -$8.06M -118,400 -16%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$31.6M +$2.32M +34,074 +7%
Morgan Stanley
23
Morgan Stanley
New York
$30.2M +$21M +309,176 +184%
Deutsche Bank
24
Deutsche Bank
Germany
$29.3M -$22.4M -328,563 -42%
HK
25
Horizon Kinetics
New York
$25.3M -$2.92M -42,952 -10%

RGLD Hedge Fund Activity: Q4 2016 in Review

289 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q4 2016, worth a combined $3.16B — down 18% from $3.85B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new RGLD positions and 33 closed out — a net gain of 17 holders — while 106 added to existing stakes and 89 trimmed.

The largest buyer was Capital World Investors, adding an estimated $24.8M. The largest seller was Deutsche Bank, cutting an estimated $22.4M.

  • 289 institutional investors held Royal Gold (RGLD) as of Q4 2016, up from 277 in Q3 2016.
  • Funds reported $3.16B of Royal Gold stock for Q4 2016, down 18% quarter-over-quarter.
  • 50 funds opened new Royal Gold positions in Q4 2016 and 33 closed out, a net change of +17 holders.
  • The largest Royal Gold buyer in Q4 2016 was Capital World Investors, an estimated $24.8M added.
  • The largest Royal Gold seller in Q4 2016 was Deutsche Bank, an estimated $22.4M sold.

Based on aggregated 13F filings for Q4 2016.