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Royal Gold

324 hedge funds and large institutions have $4.45B invested in Royal Gold in 2018 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 100 increasing their positions, 108 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 35

7% more capital invested

Capital invested by funds: $4.18B → $4.45B (+$273M)

3% more funds holding

Funds holding: 315324 (+9)

1.36% more ownership

Funds ownership: 77.87%79.23% (+1.4%)

1% more call options, than puts

Call options by funds: $110M | Put options by funds: $110M

7% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 108

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
324
Holders Change
+9
Holders Change %
+2.86%
% of All Funds
7.42%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
47
Increased
100
Reduced
108
Closed
35
Calls
$110M
Puts
$110M
Net Calls
+$662K
Net Calls Change
+$17.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$688M +$110M +1,307,000 +19%
Vanguard Group
2
Vanguard Group
Pennsylvania
$523M +$3.29M +39,068 +0.6%
BlackRock
3
BlackRock
New York
$522M +$15.3M +181,251 +3%
First Eagle Investment Management
4
First Eagle Investment Management
New York
$302M -$785K -9,314 -0.3%
VanEck Associates
5
VanEck Associates
New York
$295M +$8.36M +99,119 +3%
Norges Bank
6
Norges Bank
Norway
$222M
State Street
7
State Street
Massachusetts
$193M +$537K +6,365 +0.3%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$65.6M +$322K +3,825 +0.5%
TAM
9
Tocqueville Asset Management
New York
$64.3M -$3.95M -46,900 -6%
SJIC
10
St. James Investment Company
Texas
$63.4M -$5.06M -60,007 -8%
PP
11
Prudential plc
United Kingdom
$62.1M
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$62M -$359K -4,255 -0.6%
Northern Trust
13
Northern Trust
Illinois
$61.9M -$740K -8,780 -1%
CLM
14
ClearBridge LLC (Maryland)
Maryland
$60.7M -$869K -10,308 -1%
GF
15
Gabelli Funds
New York
$59.4M +$548K +6,500 +0.9%
Goldman Sachs
16
Goldman Sachs
New York
$58.3M +$10.7M +126,612 +23%
Wells Fargo
17
Wells Fargo
California
$53.2M -$2.43M -28,851 -4%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$51.5M +$1.57M +18,607 +3%
Deutsche Bank
19
Deutsche Bank
Germany
$48.9M +$2.33M +27,615 +5%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$33.8M -$5.9M -70,000 -15%
Morgan Stanley
21
Morgan Stanley
New York
$31.6M -$23.2M -275,455 -43%
CS
22
Credit Suisse
Switzerland
$25.9M -$2.56M -30,367 -9%
HK
23
Horizon Kinetics
New York
$25.7M -$1.32M -15,600 -5%
Principal Financial Group
24
Principal Financial Group
Iowa
$24.6M +$683K +8,102 +3%
Fidelity International
25
Fidelity International
Bermuda
$22.9M +$474K +5,618 +2%

RGLD Hedge Fund Activity: Q1 2018 in Review

324 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q1 2018, worth a combined $4.45B — up 6.5% from $4.18B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new RGLD positions and 35 closed out — a net gain of 12 holders — while 100 added to existing stakes and 108 trimmed.

The largest buyer was Capital World Investors, adding an estimated $110M. The largest seller was Renaissance Technologies, cutting an estimated $24.5M.

  • 324 institutional investors held Royal Gold (RGLD) as of Q1 2018, up from 315 in Q4 2017.
  • Funds reported $4.45B of Royal Gold stock for Q1 2018, up 6.5% quarter-over-quarter.
  • 47 funds opened new Royal Gold positions in Q1 2018 and 35 closed out, a net change of +12 holders.
  • The largest Royal Gold buyer in Q1 2018 was Capital World Investors, an estimated $110M added.
  • The largest Royal Gold seller in Q1 2018 was Renaissance Technologies, an estimated $24.5M sold.

Based on aggregated 13F filings for Q1 2018.