Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
48 hedge funds and large institutions have $72.8M invested in Richmont Mines Inc. in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 9 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
19% more capital invested
Capital invested by funds: $61.2M → $72.8M (+$11.6M)
2% less funds holding
Funds holding: 49 → 48 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
70% less call options, than puts
Call options by funds: $27K | Put options by funds: $89K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$2.23M |
| 2 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$698K |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$437K |
| 4 |
Renaissance Technologies
New York
|
+$392K |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
+$392K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$1.64M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$1.58M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.16M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$194K |
| 5 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$122K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Invesco
Atlanta,
Georgia
| – | -$62K | -22,390 | Closed |
|
52
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$56K | -20,200 | Closed |
|
53
Millennium Management
New York
| – | -$41K | -14,730 | Closed |
|
54
Wells Fargo
San Francisco,
California
| – | -$6K | -2,000 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$1K | -300 | Closed |
|
56
Citigroup
New York
| – | -$1K | -180 | Closed |
|
57
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$190 | +62 | New |
|
RIC Hedge Fund Activity: Q4 2015 in Review
48 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q4 2015, worth a combined $72.8M — up 19% from $61.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RIC and 8 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 16 added.
The largest buyer was OppenheimerFunds, adding an estimated $2.23M. The largest seller was Sentry Investments, cutting an estimated $1.64M.
- 48 institutional investors held Richmont Mines Inc. (RIC) as of Q4 2015, down from 49 in Q3 2015.
- Funds reported $72.8M of Richmont Mines Inc. stock for Q4 2015, up 19% quarter-over-quarter.
- 8 funds opened new Richmont Mines Inc. positions in Q4 2015 and 9 closed out, a net change of -1 holder.
- The largest Richmont Mines Inc. buyer in Q4 2015 was OppenheimerFunds, an estimated $2.23M added.
- The largest Richmont Mines Inc. seller in Q4 2015 was Sentry Investments, an estimated $1.64M sold.
Based on aggregated 13F filings for Q4 2015.