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Royal Gold

264 hedge funds and large institutions have $3.55B invested in Royal Gold in 2017 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 92 increasing their positions, 100 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $3.16B → $3.55B (+$392M)

1.33% more ownership

Funds ownership: 73.2%74.53% (+1.3%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

8% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 100

9% less funds holding

Funds holding: 289264 (-25)

19% less call options, than puts

Call options by funds: $82.9M | Put options by funds: $102M

42% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 45

Holders
264
Holders Change
-25
Holders Change %
-8.65%
% of All Funds
6.57%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
26
Increased
92
Reduced
100
Closed
45
Calls
$82.9M
Puts
$102M
Net Calls
-$19.5M
Net Calls Change
-$11.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$405M +$24.1M +355,155 +7%
BlackRock
2
BlackRock
New York
$399M +$365M +5,384,135 +1,690%
VanEck Associates
3
VanEck Associates
New York
$343M +$45.3M +667,497 +16%
First Eagle Investment Management
4
First Eagle Investment Management
New York
$239M +$11M +162,884 +5%
Capital World Investors
5
Capital World Investors
California
$232M +$62.9M +928,100 +39%
Norges Bank
6
Norges Bank
Norway
$191M
State Street
7
State Street
Massachusetts
$165M +$7.34M +108,212 +5%
SAC
8
Smith Affiliated Capital
New York
$140M
Wells Fargo
9
Wells Fargo
California
$85.3M -$41.4K -610 -0.1%
TAM
10
Tocqueville Asset Management
New York
$68.5M -$1.3M -19,200 -2%
SJIC
11
St. James Investment Company
Texas
$61.9M -$8.53M -125,721 -12%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$54.4M +$1.34M +19,741 +3%
Northern Trust
13
Northern Trust
Illinois
$54.1M +$4.5M +66,405 +9%
CLM
14
ClearBridge LLC (Maryland)
Maryland
$53M +$51.3M +755,969 New
Fidelity Investments
15
Fidelity Investments
Massachusetts
$51.6M +$8.43M +124,300 +20%
PP
16
Prudential plc
United Kingdom
$50.7M
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$49.2M -$16.2M -238,613 -25%
GF
18
Gabelli Funds
New York
$46.1M -$4.6M -67,900 -9%
Goldman Sachs
19
Goldman Sachs
New York
$44.6M -$8.11M -119,633 -16%
KGI
20
Kopernik Global Investors
Florida
$39.2M -$7.67M -113,149 -17%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$37.8M +$2.74M +40,412 +8%
O
22
OppenheimerFunds
New York
$35.3M -$30.5M -450,216 -47%
Deutsche Bank
23
Deutsche Bank
Germany
$31.7M -$644K -9,496 -2%
HK
24
Horizon Kinetics
New York
$26.5M -$1.38M -20,319 -5%
USAA
25
United Services Automobile Association
Texas
$23.6M -$1.7M -25,000 -7%

RGLD Hedge Fund Activity: Q1 2017 in Review

264 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q1 2017, worth a combined $3.55B — up 12% from $3.16B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of RGLD and 26 opened new positions — a net loss of 19 holders — while 100 trimmed existing stakes and 92 added.

The largest buyer was BlackRock, adding an estimated $365M. The largest seller was OppenheimerFunds, cutting an estimated $30.5M.

  • 264 institutional investors held Royal Gold (RGLD) as of Q1 2017, down from 289 in Q4 2016.
  • Funds reported $3.55B of Royal Gold stock for Q1 2017, up 12% quarter-over-quarter.
  • 26 funds opened new Royal Gold positions in Q1 2017 and 45 closed out, a net change of -19 holders.
  • The largest Royal Gold buyer in Q1 2017 was BlackRock, an estimated $365M added.
  • The largest Royal Gold seller in Q1 2017 was OppenheimerFunds, an estimated $30.5M sold.

Based on aggregated 13F filings for Q1 2017.