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Royal Gold

387 hedge funds and large institutions have $5.45B invested in Royal Gold in 2020 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 121 increasing their positions, 144 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more call options, than puts

Call options by funds: $130M | Put options by funds: $105M

12% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 57

0.69% more ownership

Funds ownership: 77.51%78.2% (+0.69%)

1% more funds holding

Funds holding: 385387 (+2)

10% less capital invested

Capital invested by funds: $6.08B → $5.45B (-$628M)

16% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 144

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
387
Holders Change
+2
Holders Change %
+0.52%
% of All Funds
6.85%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
64
Increased
121
Reduced
144
Closed
57
Calls
$130M
Puts
$105M
Net Calls
+$24.9M
Net Calls Change
+$48.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$829M +$28.6M +247,364 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$733M +$10.8M +93,227 +1%
BlackRock
3
BlackRock
New York
$698M -$1.03M -8,940 -0.1%
VanEck Associates
4
VanEck Associates
New York
$429M +$14.3M +123,868 +3%
First Eagle Investment Management
5
First Eagle Investment Management
New York
$282M +$14.7M +127,184 +5%
State Street
6
State Street
Massachusetts
$205M +$20.8M +180,001 +10%
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$136M +$25.5M +221,107 +21%
Morgan Stanley
8
Morgan Stanley
New York
$131M +$15.6M +135,004 +12%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$115M +$8.75M +75,753 +8%
Northern Trust
10
Northern Trust
Illinois
$80.8M +$2.45M +21,178 +3%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$75.3M +$2.97M +25,706 +4%
Renaissance Technologies
12
Renaissance Technologies
New York
$67.8M -$25.8M -223,518 -26%
Norges Bank
13
Norges Bank
Norway
$65.5M +$501K +4,339 +0.7%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$61.5M +$533K +4,617 +0.8%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$58.3M -$75.2M -650,737 -54%
Bank of America
16
Bank of America
North Carolina
$52.1M +$5.3M +45,871 +10%
Invesco
17
Invesco
Georgia
$50.2M +$4.05M +35,063 +8%
Millennium Management
18
Millennium Management
New York
$44.4M +$17.1M +147,986 +55%
Allianz Asset Management
19
Allianz Asset Management
Germany
$40.1M +$2.56M +22,177 +6%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$39.7M +$1.99M +17,207 +5%
Charles Schwab
21
Charles Schwab
California
$38.2M +$653K +5,652 +2%
Citigroup
22
Citigroup
New York
$37.7M +$16M +138,786 +64%
MAM
23
Martingale Asset Management
Massachusetts
$36.1M -$2.07M -17,944 -5%
N
24
Nuveen
North Carolina
$36M +$7.09M +61,333 +22%
Two Sigma Investments
25
Two Sigma Investments
New York
$27.7M +$18.9M +163,442 +168%

RGLD Hedge Fund Activity: Q4 2020 in Review

387 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q4 2020, worth a combined $5.45B — down 10% from $6.08B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new RGLD positions and 57 closed out — a net gain of 7 holders — while 121 added to existing stakes and 144 trimmed.

The largest buyer was Capital World Investors, adding an estimated $28.6M. The largest seller was Fidelity Investments, cutting an estimated $75.2M.

  • 387 institutional investors held Royal Gold (RGLD) as of Q4 2020, up from 385 in Q3 2020.
  • Funds reported $5.45B of Royal Gold stock for Q4 2020, down 10% quarter-over-quarter.
  • 64 funds opened new Royal Gold positions in Q4 2020 and 57 closed out, a net change of +7 holders.
  • The largest Royal Gold buyer in Q4 2020 was Capital World Investors, an estimated $28.6M added.
  • The largest Royal Gold seller in Q4 2020 was Fidelity Investments, an estimated $75.2M sold.

Based on aggregated 13F filings for Q4 2020.