Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
79 hedge funds and large institutions have $417M invested in Richmont Mines Inc. in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 15 closing their positions.
72% more call options, than puts
Call options by funds: $639K | Put options by funds: $372K
28% more capital invested
Capital invested by funds: $324M → $417M (+$92.4M)
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
3% more funds holding
Funds holding: 77 → 79 (+2)
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$83.4M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$8.45M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.67M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$3.63M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$14M |
| 2 |
O
OppenheimerFunds
New York
|
-$12.8M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$11.7M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$4.6M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$3.78M |
RIC Hedge Fund Activity: Q3 2016 in Review
79 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q3 2016, worth a combined $417M — up 28% from $324M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RIC positions and 15 closed out — a net gain of 2 holders — while 26 added to existing stakes and 27 trimmed.
The largest buyer was VanEck Associates, adding an estimated $83.4M. The largest seller was Hillsdale Investment Management, cutting an estimated $14M.
- 79 institutional investors held Richmont Mines Inc. (RIC) as of Q3 2016, up from 77 in Q2 2016.
- Funds reported $417M of Richmont Mines Inc. stock for Q3 2016, up 28% quarter-over-quarter.
- 17 funds opened new Richmont Mines Inc. positions in Q3 2016 and 15 closed out, a net change of +2 holders.
- The largest Richmont Mines Inc. buyer in Q3 2016 was VanEck Associates, an estimated $83.4M added.
- The largest Richmont Mines Inc. seller in Q3 2016 was Hillsdale Investment Management, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2016.