Richmont Mines Inc.
RIC
RIC was delisted on the 22nd of November, 2017.
74 hedge funds and large institutions have $303M invested in Richmont Mines Inc. in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 13 closing their positions.
12% more capital invested
Capital invested by funds: $271M → $303M (+$31.8M)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
0.69% more ownership
Funds ownership: 65.04% → 65.74% (+0.69%)
0% more funds holding
Funds holding: 74 → 74 (0)
1% less call options, than puts
Call options by funds: $402K | Put options by funds: $406K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$14.4M |
| 2 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$7.59M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$4.96M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.63M |
| 5 |
O
OppenheimerFunds
New York
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$16.8M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$5.83M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$2.77M |
| 4 |
Renaissance Technologies
New York
|
-$2.36M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.55M |
RIC Hedge Fund Activity: Q1 2017 in Review
74 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Richmont Mines Inc. (RIC) for Q1 2017, worth a combined $303M — up 12% from $271M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RIC positions and 13 closed out — a net gain of 1 holder — while 28 added to existing stakes and 26 trimmed.
The largest buyer was VanEck Associates, adding an estimated $14.4M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $16.8M.
- 74 institutional investors held Richmont Mines Inc. (RIC) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $303M of Richmont Mines Inc. stock for Q1 2017, up 12% quarter-over-quarter.
- 14 funds opened new Richmont Mines Inc. positions in Q1 2017 and 13 closed out, a net change of +1 holder.
- The largest Richmont Mines Inc. buyer in Q1 2017 was VanEck Associates, an estimated $14.4M added.
- The largest Richmont Mines Inc. seller in Q1 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2017.