Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Or Royalties INC. (OR)

240 + Investors. Track Smart Money conviction in OR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
1Q ▼
Buyers last Q
49%

Smart Money Signals — OR

Based on 243 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their OR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
243 hedge funds hold OR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +28% more funds vs a year ago

fund count last 6Q
+53 new funds entered over the past year (+28% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 4 quarters from the low — a sharp move.
🟠

More sellers than buyers — 49% buying

123 buying130 selling
Last quarter: 130 funds reduced or exited vs 123 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-21 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 39 → 42 → 53 → 32. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 33% entered in last year

■ 8% conviction (2yr+) ■ 59% medium ■ 33% new
Only 19 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~32 new funds/quarter

189 → 39 → 42 → 53 → 32 new funds/Q
New funds entering each quarter: 39 → 42 → 53 → 32. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 95% of holders entered in last year

■ 5% veterans ■ 0% 1-2yr ■ 95% new
Of 265 current holders: 251 (95%) entered in the past year, only 13 (5%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 27% AUM from major funds

27% from top-100 AUM funds
50 of 241 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — OR

In 2026 Q2, 123 hedge funds were net buyers of OR (32 opened a new position, 91 added to an existing one), while 130 reduced or exited (92 trimmed, 38 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 27% of total institutional value in OR is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 243.

Hedge Fund Ownership: OR

How many hedge funds hold OR — quarterly history vs. share price
Quarterly hedge fund ownership of OR vs. share price

Market Analysis: OR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: OR

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 6 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: OR
240 + Investors

Track Smart Money conviction in OR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 240 249 -3.61%
13F Shares 128M 134M -4.33%
Total Value $3.57B $4.03B -11.46%
New Positions 32 53 -21
Increased Positions 80 87 -7
Closed Positions 39 24 +15
Reduced Positions 88 80 +8
Total Calls 13 15 -13.33%
Total Puts 11 12 -8.33%
PUT/CALL Ratio 0.85 0.8 Neutral

Statistics: OR

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Institutional Holders (2026 Q2)

240 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in OR. Verified SEC 13F-HR filings.

QUARTER:
Top 25 OR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Verbena Value LP 10.05% 1,923,700 $60.8M
2 Global Strategic Management Inc 5.20% 213,026 $6.7M
3 EdgePoint Investment Group Inc. 4.39% 18,366,141 $581.0M
4 Lane Generational LLC 4.24% 152,745 $4.8M
5 Knoll Capital Management, LLC 3.97% 225,000 $7.1M
6 Extract Advisors LLC 2.61% 295,316 $9.3M
7 Sprott INC. 2.45% 2,438,086 $77.1M
8 McAlvany Wealth Management LLC 2.08% 87,970 $2.8M
9 Scheer, Rowlett & Associates Investment Management Ltd. 1.89% 832,658 $26.3M
10 U S Global Investors Inc 1.77% 580,723 $18.4M
11 Parvin Asset Management, LLC 1.71% 68,935 $2.2M
12 Bard Associates Inc 1.14% 161,823 $5.1M
13 Louisbourg Investments INC. 0.99% 169,447 $5.4M
14 Meixler Investment Management, Ltd. 0.83% 47,415 $1.5M
15 Picton Mahoney Asset Management 0.72% 3,091,096 $97.6M
16 Horizon Kinetics Asset Management LLC 0.69% 1,915,799 $60.6M
17 Prescott Group Capital Management, L.L.C. 0.68% 248,000 $7.8M
18 Oxbow Advisors, LLC 0.50% 194,720 $6.2M
19 Elliott Investment Management L.P. 0.43% 3,111,000 $98.4M
20 Fca Corp /Tx 0.32% 41,228 $1.3M
21 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.28% 7,293,395 $230.9M
22 Genus Capital Management Inc. 0.24% 78,510 $2.5M
23 Ewing Morris & Co. Investment Partners Ltd. 0.24% 14,550 $462K
24 Van Eck Associates Corp 0.21% 11,085,785 $350.6M
25 Hara Capital LLC 0.20% 11,845 $375K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Or Royalties INC. (OR)

What does the Smart Money Trend signal show for OR?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their OR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for OR?

More sellers than buyers — 49% buying: Last quarter: 130 funds reduced or exited vs 123 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for OR holders?

Strong quality — 27% AUM from major funds: 50 of 241 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held OR?

Mostly new holders — 33% entered in last year: Only 19 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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