Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
47 hedge funds and large institutions have $80.2M invested in Richmont Mines Inc. in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 8 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
59% more capital invested
Capital invested by funds: $50.5M → $80.2M (+$29.6M)
12% more funds holding
Funds holding: 42 → 47 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
94% less call options, than puts
Call options by funds: $9K | Put options by funds: $148K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$12.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.99M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.79M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.24M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$316K |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$264K |
| 3 |
ST
Spot Trading
Chicago,
Illinois
|
-$255K |
| 4 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
-$213K |
| 5 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VDBMI
51
Van Den Berg Management I
Austin,
Texas
| – | -$36K | -11,500 | Closed |
|
|
PG
52
PEAK6 Group
Chicago,
Illinois
| – | -$14K | -4,395 | Closed |
|
53
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$10K | -3,100 | Closed |
|
54
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$7K | -2,500 | Closed |
|
|
OIA
55
Optimum Investment Advisors
Chicago,
Illinois
| – | -$3K | -810 | Closed |
|
RIC Hedge Fund Activity: Q1 2015 in Review
47 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q1 2015, worth a combined $80.2M — up 59% from $50.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RIC positions and 8 closed out — a net gain of 5 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Sentry Investments, opening a new position worth an estimated $12.4M. The largest seller was Ancora Advisors, exiting entirely with an estimated $316K sold.
- 47 institutional investors held Richmont Mines Inc. (RIC) as of Q1 2015, up from 42 in Q4 2014.
- Funds reported $80.2M of Richmont Mines Inc. stock for Q1 2015, up 59% quarter-over-quarter.
- 13 funds opened new Richmont Mines Inc. positions in Q1 2015 and 8 closed out, a net change of +5 holders.
- The largest Richmont Mines Inc. buyer in Q1 2015 was Sentry Investments, an estimated $12.4M added.
- The largest Richmont Mines Inc. seller in Q1 2015 was Ancora Advisors, an estimated $316K sold.
Based on aggregated 13F filings for Q1 2015.