Royalty Management
RMCO
8 hedge funds and large institutions have $155K invested in Royalty Management in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
33% more funds holding
Funds holding: 6 → 8 (+2)
11% less capital invested
Capital invested by funds: $173K → $155K (-$18.4K)
12.84% less ownership
Funds ownership: 13.77% → 0.93% (-13%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
+$71.5K |
| 2 |
State Street
Boston,
Massachusetts
|
+$19.3K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$10.9K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.83K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$47.8K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$15K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.63K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$83 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Mariner
Overland Park,
Kansas
| $56.2K | +$71.5K | +48,489 | New |
|
|
2
Geode Capital Management
Boston,
Massachusetts
| $55.6K | -$15K | -10,167 | -17% |
|
|
3
State Street
Boston,
Massachusetts
| $15.2K | +$19.3K | +13,089 | New |
|
|
4WM
4
49 Wealth Management
Austin,
Texas
| $13.9K | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| $8.57K | +$10.9K | +7,388 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| $2.81K | +$2.83K | +1,920 | +379% |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $2.48K | -$1.63K | -1,108 | -34% |
|
|
8
Wells Fargo
San Francisco,
California
| $3 | -$83 | -56 | -95% |
|
|
9
Millennium Management
New York
| – | -$47.8K | -28,096 | Closed |
|
RMCO Hedge Fund Activity: Q1 2024 in Review
8 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Royalty Management (RMCO) for Q1 2024, worth a combined $155K — down 11% from $173K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RMCO positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Mariner, opening a new position worth an estimated $71.5K. The largest seller was Millennium Management, exiting entirely with an estimated $47.8K sold.
- 8 institutional investors held Royalty Management (RMCO) as of Q1 2024, up from 6 in Q4 2023.
- Funds reported $155K of Royalty Management stock for Q1 2024, down 11% quarter-over-quarter.
- 3 funds opened new Royalty Management positions in Q1 2024 and 1 closed out, a net change of +2 holders.
- The largest Royalty Management buyer in Q1 2024 was Mariner, an estimated $71.5K added.
- The largest Royalty Management seller in Q1 2024 was Millennium Management, an estimated $47.8K sold.
Based on aggregated 13F filings for Q1 2024.