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Royal Gold

411 hedge funds and large institutions have $7.29B invested in Royal Gold in 2023 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 140 increasing their positions, 126 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

101% more call options, than puts

Call options by funds: $184M | Put options by funds: $91.3M

40% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 40

17% more capital invested

Capital invested by funds: $6.22B → $7.29B (+$1.07B)

11% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 126

2% more funds holding

Funds holding: 403411 (+8)

0.69% more ownership

Funds ownership: 84.91%85.6% (+0.69%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
411
Holders Change
+8
Holders Change %
+1.99%
% of All Funds
6.55%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
56
Increased
140
Reduced
126
Closed
40
Calls
$184M
Puts
$91.3M
Net Calls
+$92.3M
Net Calls Change
-$36M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$909M -$5.47M -44,395 -0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$864M +$4.4M +35,693 +0.5%
Capital World Investors
3
Capital World Investors
California
$828M +$10.5M +84,888 +1%
VanEck Associates
4
VanEck Associates
New York
$603M +$81.3M +659,652 +17%
State Street
5
State Street
Massachusetts
$486M -$33.7M -273,520 -7%
First Eagle Investment Management
6
First Eagle Investment Management
New York
$462M -$2.59M -21,062 -0.6%
Norges Bank
7
Norges Bank
Norway
$256M -$19.1M -154,918 -7%
FPP
8
Findlay Park Partners
United Kingdom
$181M +$25.3M +205,055 +17%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$126M +$3.9M +31,632 +3%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$123M -$18.4M -149,378 -14%
Millennium Management
11
Millennium Management
New York
$119M +$76.8M +623,281 +210%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$113M -$455K -3,695 -0.4%
Invesco
13
Invesco
Georgia
$83.7M +$19.1M +155,147 +32%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$79.4M +$29.9M +242,641 +66%
KGI
15
Kopernik Global Investors
Florida
$78.2M -$2.69M -21,804 -3%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$70.3M -$2.33M -18,952 -3%
Morgan Stanley
17
Morgan Stanley
New York
$69.9M +$2.24M +18,149 +3%
Northern Trust
18
Northern Trust
Illinois
$69.1M -$438K -3,554 -0.7%
Renaissance Technologies
19
Renaissance Technologies
New York
$59.8M -$7.54M -61,200 -12%
Charles Schwab
20
Charles Schwab
California
$58.3M +$723K +5,871 +1%
ACA
21
Anchor Capital Advisors
Massachusetts
$56.2M -$311K -2,525 -0.6%
ClearBridge Investments
22
ClearBridge Investments
New York
$53.7M +$30.8K +250 +0.1%
Ninety One (UK)
23
Ninety One (UK)
United Kingdom
$45.3M -$2.97M -24,147 -6%
Bank of America
24
Bank of America
North Carolina
$44.9M -$9.12M -73,996 -18%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$44M -$2.52M -20,466 -6%

RGLD Hedge Fund Activity: Q1 2023 in Review

411 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Royal Gold (RGLD) for Q1 2023, worth a combined $7.29B — up 17% from $6.22B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new RGLD positions and 40 closed out — a net gain of 16 holders — while 140 added to existing stakes and 126 trimmed.

The largest buyer was VanEck Associates, adding an estimated $81.3M. The largest seller was Citadel Advisors, cutting an estimated $38M.

  • 411 institutional investors held Royal Gold (RGLD) as of Q1 2023, up from 403 in Q4 2022.
  • Funds reported $7.29B of Royal Gold stock for Q1 2023, up 17% quarter-over-quarter.
  • 56 funds opened new Royal Gold positions in Q1 2023 and 40 closed out, a net change of +16 holders.
  • The largest Royal Gold buyer in Q1 2023 was VanEck Associates, an estimated $81.3M added.
  • The largest Royal Gold seller in Q1 2023 was Citadel Advisors, an estimated $38M sold.

Based on aggregated 13F filings for Q1 2023.