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Royal Gold

375 hedge funds and large institutions have $6.48B invested in Royal Gold in 2019 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 124 increasing their positions, 117 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more funds holding in top 10

Funds holding in top 10: 38 (+5)

131% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 29

32% more call options, than puts

Call options by funds: $190M | Put options by funds: $144M

22% more capital invested

Capital invested by funds: $5.32B → $6.48B (+$1.16B)

11% more funds holding

Funds holding: 339375 (+36)

1.31% more ownership

Funds ownership: 79.25%80.56% (+1.3%)

6% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 117

Holders
375
Holders Change
+36
Holders Change %
+10.62%
% of All Funds
8.22%
Holding in Top 10
8
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+166.67%
% of All Funds
0.18%
New
67
Increased
124
Reduced
117
Closed
29
Calls
$190M
Puts
$144M
Net Calls
+$46.2M
Net Calls Change
-$11.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$989M +$166K +1,363 +0%
Vanguard Group
2
Vanguard Group
Pennsylvania
$885M -$5.88M -48,310 -0.7%
BlackRock
3
BlackRock
New York
$817M -$7.37M -60,483 -0.9%
VanEck Associates
4
VanEck Associates
New York
$528M +$2.63M +21,630 +0.5%
First Eagle Investment Management
5
First Eagle Investment Management
New York
$355M -$29.5M -242,526 -8%
State Street
6
State Street
Massachusetts
$217M -$7.13M -58,541 -3%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$188M +$34.9M +286,689 +23%
Wells Fargo
8
Wells Fargo
California
$144M -$31.3M -256,632 -18%
Northern Trust
9
Northern Trust
Illinois
$98.5M +$5.61M +46,038 +6%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$91.8M -$2.85M -23,371 -3%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$90.2M -$446K -3,666 -0.5%
ClearBridge Investments
12
ClearBridge Investments
New York
$86M
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$83.3M +$90.6K +744 +0.1%
Norges Bank
14
Norges Bank
Norway
$75.7M -$1.27M -10,415 -2%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$67M +$44.6M +366,562 +206%
TAM
16
Tocqueville Asset Management
New York
$56.7M -$9.7M -79,655 -15%
American Century Companies
17
American Century Companies
Missouri
$55.1M +$36.3M +297,960 +200%
Goldman Sachs
18
Goldman Sachs
New York
$49.3M -$45.3M -372,385 -48%
Citigroup
19
Citigroup
New York
$48.4M +$16.5M +135,583 +53%
N
20
Nuveen
North Carolina
$48M -$6.64M -54,528 -12%
MAM
21
Martingale Asset Management
Massachusetts
$46.6M +$72.8K +598 +0.2%
SJIC
22
St. James Investment Company
Texas
$45.7M -$15.7M -128,771 -26%
Charles Schwab
23
Charles Schwab
California
$43.2M +$1.05M +8,614 +3%
Renaissance Technologies
24
Renaissance Technologies
New York
$42.7M +$34.4M +282,288 +442%
GF
25
Gabelli Funds
New York
$37.3M -$13.4M -110,000 -27%

RGLD Hedge Fund Activity: Q3 2019 in Review

375 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q3 2019, worth a combined $6.48B — up 22% from $5.32B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new RGLD positions and 29 closed out — a net gain of 38 holders — while 124 added to existing stakes and 117 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $44.6M. The largest seller was Goldman Sachs, cutting an estimated $45.3M.

  • 375 institutional investors held Royal Gold (RGLD) as of Q3 2019, up from 339 in Q2 2019.
  • Funds reported $6.48B of Royal Gold stock for Q3 2019, up 22% quarter-over-quarter.
  • 67 funds opened new Royal Gold positions in Q3 2019 and 29 closed out, a net change of +38 holders.
  • The largest Royal Gold buyer in Q3 2019 was Acadian Asset Management, an estimated $44.6M added.
  • The largest Royal Gold seller in Q3 2019 was Goldman Sachs, an estimated $45.3M sold.

Based on aggregated 13F filings for Q3 2019.