Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
50 hedge funds and large institutions have $65.4M invested in Richmont Mines Inc. in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
6% more funds holding
Funds holding: 47 → 50 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
18% less capital invested
Capital invested by funds: $80.2M → $65.4M (-$14.8M)
95% less call options, than puts
Call options by funds: $7K | Put options by funds: $131K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$1.55M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.15M |
| 3 |
O
OppenheimerFunds
New York
|
+$717K |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$637K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$363K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$2.18M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$657K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$532K |
| 4 |
Morgan Stanley
New York
|
-$366K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| – | -$4.18K | -1,311 | -93% |
|
52
UBS Group
Zurich,
Switzerland
| – | -$2K | -525 | Closed |
|
53
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$112 | +35 | New |
|
RIC Hedge Fund Activity: Q2 2015 in Review
50 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q2 2015, worth a combined $65.4M — down 18% from $80.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RIC positions and 3 closed out — a net gain of 3 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was ZPR Investment Management, adding an estimated $1.55M. The largest seller was Sentry Investments, cutting an estimated $2.18M.
- 50 institutional investors held Richmont Mines Inc. (RIC) as of Q2 2015, up from 47 in Q1 2015.
- Funds reported $65.4M of Richmont Mines Inc. stock for Q2 2015, down 18% quarter-over-quarter.
- 6 funds opened new Richmont Mines Inc. positions in Q2 2015 and 3 closed out, a net change of +3 holders.
- The largest Richmont Mines Inc. buyer in Q2 2015 was ZPR Investment Management, an estimated $1.55M added.
- The largest Richmont Mines Inc. seller in Q2 2015 was Sentry Investments, an estimated $2.18M sold.
Based on aggregated 13F filings for Q2 2015.