Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
20 hedge funds and large institutions have $9.57M invested in Richmont Mines Inc. in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 9 closing their positions.
100% more call options, than puts
Call options by funds: $14K | Put options by funds: $7K
28% more capital invested
Capital invested by funds: $7.48M → $9.57M (+$2.09M)
9% less funds holding
Funds holding: 22 → 20 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$430K |
| 2 |
Renaissance Technologies
New York
|
+$84.5K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$71K |
| 4 |
AG
Aperio Group
Sausalito,
California
|
+$40.7K |
| 5 |
AIG
American International Group
New York
|
+$23.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$410K |
| 2 |
D.E. Shaw & Co
New York
|
-$405K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$185K |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$175K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$100K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WGCA
26
Wolf Group Capital Advisors
Fairfax,
Virginia
| – | -$14K | -14,000 | Closed |
|
|
SC
27
Scotia Capital
Toronto,
Ontario, Canada
| – | -$14K | -13,500 | Closed |
|
28
Group One Trading
Chicago,
Illinois
| – | -$5.01K | -3,300 | Closed |
|
29
Bank of America
Charlotte,
North Carolina
| – | -$1K | -500 | Closed |
|
RIC Hedge Fund Activity: Q1 2014 in Review
20 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q1 2014, worth a combined $9.57M — up 28% from $7.48M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RIC and 7 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Northern Trust, opening a new position worth an estimated $430K. The largest seller was Fiera Capital (Canada), cutting an estimated $410K.
- 20 institutional investors held Richmont Mines Inc. (RIC) as of Q1 2014, down from 22 in Q4 2013.
- Funds reported $9.57M of Richmont Mines Inc. stock for Q1 2014, up 28% quarter-over-quarter.
- 7 funds opened new Richmont Mines Inc. positions in Q1 2014 and 9 closed out, a net change of -2 holders.
- The largest Richmont Mines Inc. buyer in Q1 2014 was Northern Trust, an estimated $430K added.
- The largest Richmont Mines Inc. seller in Q1 2014 was Fiera Capital (Canada), an estimated $410K sold.
Based on aggregated 13F filings for Q1 2014.