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Scully Royalty

20 hedge funds and large institutions have $30M invested in Scully Royalty in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.15% more ownership

Funds ownership: 29.57%30.72% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less funds holding

Funds holding: 2220 (-2)

14% less capital invested

Capital invested by funds: $34.8M → $30M (-$4.82M)

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
20
Holders Change
-2
Holders Change %
-9.09%
% of All Funds
0.45%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
5
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IR
1
IAT Reinsurance
New York
$21.3M
NCM
2
Nantahala Capital Management
Connecticut
$3.64M +$2.68M +309,664 +196%
Morgan Stanley
3
Morgan Stanley
New York
$1.68M +$247K +28,561 +15%
Renaissance Technologies
4
Renaissance Technologies
New York
$899K +$105K +12,164 +12%
FRM
5
Foundation Resource Management
Arkansas
$886K -$597K -69,158 -38%
California Public Employees Retirement System
6
California Public Employees Retirement System
California
$546K
CCB
7
Cutter & Co Brokerage
Missouri
$486K -$55.2K -6,386 -9%
Deutsche Bank
8
Deutsche Bank
Germany
$276K +$211K +24,448 +222%
CS
9
Credit Suisse
Switzerland
$78K
UBS Group
10
UBS Group
Switzerland
$59K -$22.6K -2,614 -26%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$50K -$27.6K -3,200 -33%
Wells Fargo
12
Wells Fargo
California
$42K -$12.1K -1,399 -21%
FCMT
13
Founders Capital Management (Texas)
Texas
$12K
TRCT
14
Tower Research Capital (TRC)
New York
$8K +$5.09K +589 +139%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$3K +$3.36K +389 New
Barclays
16
Barclays
United Kingdom
$2K +$2.59K +300 New
RE
17
RBC Europe
United Kingdom
$62
FDCDDQ
18
Federation des caisses Desjardins du Quebec
Quebec, Canada
$8
2L
19
22NW LP
Washington
-$1.17M -124,220 Closed
YL
20
YCG LLC
Texas
-$231K -24,595 Closed
CG
21
Cutler Group
California
-$9K -1,015 Closed
Bank of America
22
Bank of America
North Carolina
-$1K -100 Closed
Group One Trading
23
Group One Trading
Illinois
-$562 -65 -62%

SRL Hedge Fund Activity: Q4 2017 in Review

20 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Scully Royalty (SRL) for Q4 2017, worth a combined $30M — down 14% from $34.8M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of SRL and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 5 added.

The largest buyer was Nantahala Capital Management, adding an estimated $2.68M. The largest seller was 22NW LP, exiting entirely with an estimated $1.17M sold.

  • 20 institutional investors held Scully Royalty (SRL) as of Q4 2017, down from 22 in Q3 2017.
  • Funds reported $30M of Scully Royalty stock for Q4 2017, down 14% quarter-over-quarter.
  • 2 funds opened new Scully Royalty positions in Q4 2017 and 4 closed out, a net change of -2 holders.
  • The largest Scully Royalty buyer in Q4 2017 was Nantahala Capital Management, an estimated $2.68M added.
  • The largest Scully Royalty seller in Q4 2017 was 22NW LP, an estimated $1.17M sold.

Based on aggregated 13F filings for Q4 2017.