Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
31 hedge funds and large institutions have $23.2M invested in Richmont Mines Inc. in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
190% more call options, than puts
Call options by funds: $87K | Put options by funds: $30K
59% more capital invested
Capital invested by funds: $14.6M → $23.2M (+$8.63M)
55% more funds holding
Funds holding: 20 → 31 (+11)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.09M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.42M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$514K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$454K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.07M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$574K |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$411K |
| 4 |
AIG
American International Group
New York
|
-$21.6K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $17K | -$592 | -300 | -4% |
|
27
Citadel Advisors
Miami,
Florida
| $15K | +$15.2K | +7,695 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $10K | +$10.1K | +5,100 | New |
|
29
Macquarie Group
Sydney, NSW 2000,
Australia
| $6K | – | – | – |
|
|
U
30
UBS
Zurich,
Switzerland
| $6K | +$1.89K | +959 | +51% |
|
|
USGIU
31
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$411K | -300,000 | Closed |
|
|
AIG
32
American International Group
New York
| – | -$21.6K | -15,776 | Closed |
|
|
VKH
33
Virtu KCG Holdings
New York
| – | -$16K | -11,317 | Closed |
|
34
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$51 | +26 | New |
|
RIC Hedge Fund Activity: Q3 2014 in Review
31 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q3 2014, worth a combined $23.2M — up 59% from $14.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RIC positions and 3 closed out — a net gain of 11 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $3.09M. The largest seller was Fiera Capital (Canada), cutting an estimated $4.07M.
- 31 institutional investors held Richmont Mines Inc. (RIC) as of Q3 2014, up from 20 in Q2 2014.
- Funds reported $23.2M of Richmont Mines Inc. stock for Q3 2014, up 59% quarter-over-quarter.
- 14 funds opened new Richmont Mines Inc. positions in Q3 2014 and 3 closed out, a net change of +11 holders.
- The largest Richmont Mines Inc. buyer in Q3 2014 was 1832 Asset Management, an estimated $3.09M added.
- The largest Richmont Mines Inc. seller in Q3 2014 was Fiera Capital (Canada), an estimated $4.07M sold.
Based on aggregated 13F filings for Q3 2014.