Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
77 hedge funds and large institutions have $324M invested in Richmont Mines Inc. in 2016 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 34 increasing their positions, 9 reducing their positions, and 9 closing their positions.
280% more call options, than puts
Call options by funds: $1.58M | Put options by funds: $415K
278% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 9
211% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 9
113% more capital invested
Capital invested by funds: $152M → $324M (+$172M)
33% more funds holding
Funds holding: 58 → 77 (+19)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$12M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$7.03M |
| 3 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$5.75M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.57M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$8.1M |
| 2 |
Renaissance Technologies
New York
|
-$1.36M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$885K |
| 4 |
AIG
American International Group
New York
|
-$782K |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$418K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| $1K | +$889 | +114 | New |
|
|
AIG
77
American International Group
New York
| – | -$782K | -138,610 | Closed |
|
|
WCM
78
Wedge Capital Management
Charlotte,
North Carolina
| – | -$321K | -56,900 | Closed |
|
79
Bank of New York Mellon
New York
| – | -$217K | -38,492 | Closed |
|
80
Invesco
Atlanta,
Georgia
| – | -$102K | -18,044 | Closed |
|
|
TC
81
TFS Capital
West Chester,
Pennsylvania
| – | -$83K | -14,758 | Closed |
|
82
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$78.1K | -10,008 | Closed |
|
83
Simplex Trading
Chicago,
Illinois
| – | -$52.2K | -6,693 | Closed |
|
84
JP Morgan Chase
New York
| – | -$29K | -5,100 | Closed |
|
85
Walleye Trading
New York
| – | -$1K | -100 | Closed |
|
86
Parallax Volatility Advisers
San Francisco,
California
| – | +$23 | +3 | New |
|
RIC Hedge Fund Activity: Q2 2016 in Review
77 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q2 2016, worth a combined $324M — up 113% from $152M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RIC positions and 9 closed out — a net gain of 19 holders — while 34 added to existing stakes and 9 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $12M. The largest seller was ZPR Investment Management, cutting an estimated $8.1M.
- 77 institutional investors held Richmont Mines Inc. (RIC) as of Q2 2016, up from 58 in Q1 2016.
- Funds reported $324M of Richmont Mines Inc. stock for Q2 2016, up 113% quarter-over-quarter.
- 28 funds opened new Richmont Mines Inc. positions in Q2 2016 and 9 closed out, a net change of +19 holders.
- The largest Richmont Mines Inc. buyer in Q2 2016 was Mackenzie Financial, an estimated $12M added.
- The largest Richmont Mines Inc. seller in Q2 2016 was ZPR Investment Management, an estimated $8.1M sold.
Based on aggregated 13F filings for Q2 2016.