Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
58 hedge funds and large institutions have $161M invested in Richmont Mines Inc. in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
96% more capital invested
Capital invested by funds: $82.2M → $161M (+$79.1M)
70% more call options, than puts
Call options by funds: $151K | Put options by funds: $89K
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
21% more funds holding
Funds holding: 48 → 58 (+10)
3.01% more ownership
Funds ownership: 42.75% → 45.77% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$6.33M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$4.79M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.59M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$3.04M |
| 5 |
O
OppenheimerFunds
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$8.73M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$5.14M |
| 3 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$3.77M |
| 4 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$3.63M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.17M |
RIC Hedge Fund Activity: Q1 2016 in Review
58 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q1 2016, worth a combined $161M — up 96% from $82.2M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RIC positions and 9 closed out — a net gain of 10 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Hillsdale Investment Management, adding an estimated $6.33M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), exiting entirely with an estimated $8.73M sold.
- 58 institutional investors held Richmont Mines Inc. (RIC) as of Q1 2016, up from 48 in Q4 2015.
- Funds reported $161M of Richmont Mines Inc. stock for Q1 2016, up 96% quarter-over-quarter.
- 19 funds opened new Richmont Mines Inc. positions in Q1 2016 and 9 closed out, a net change of +10 holders.
- The largest Richmont Mines Inc. buyer in Q1 2016 was Hillsdale Investment Management, an estimated $6.33M added.
- The largest Richmont Mines Inc. seller in Q1 2016 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $8.73M sold.
Based on aggregated 13F filings for Q1 2016.