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Royal Gold Inc

RGLD
Exchange
Nasdaq
Industry
Mineral Royalty Traders
SEC CIK
0000085535

In the last 90 days, Royal Gold Inc insiders filed 0 open-market purchases and 2 sales; 766 institutions reported holding it in 13F filings for Q2 2026, worth $14.1B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Royal Gold Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
745
+100 vs. Q3 2025
Shares held
71.6M
+9.75M (+15.8%) vs. Q3 2025
Total value
$15.9B
+$3.51B (+28.3%) vs. Q3 2025
New holders
167
328 more added
Sold out
67
161 more reduced

10 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting RGLD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 745 institutions
Q1 2021: 354 institutionsQ2 2021: 369 institutionsQ3 2021: 372 institutionsQ4 2021: 393 institutionsQ1 2022: 408 institutionsQ2 2022: 414 institutionsQ3 2022: 392 institutionsQ4 2022: 404 institutionsQ1 2023: 412 institutionsQ2 2023: 434 institutionsQ3 2023: 411 institutionsQ4 2023: 436 institutionsQ1 2024: 449 institutionsQ2 2024: 463 institutionsQ3 2024: 481 institutionsQ4 2024: 521 institutionsQ1 2025: 562 institutionsQ2 2025: 616 institutionsQ3 2025: 655 institutionsQ4 2025: 745 institutionsQ1 2026: 810 institutionsQ2 2026: 766 institutions
Value heldQ4 2025: $15.9B
Q1 2021: $5.63BQ2 2021: $6.00BQ3 2021: $5.02BQ4 2021: $5.55BQ1 2022: $7.63BQ2 2022: $5.65BQ3 2022: $5.02BQ4 2022: $6.29BQ1 2023: $7.29BQ2 2023: $6.27BQ3 2023: $5.81BQ4 2023: $6.61BQ1 2024: $6.65BQ2 2024: $6.94BQ3 2024: $7.86BQ4 2024: $7.48BQ1 2025: $9.42BQ2 2025: $10.3BQ3 2025: $12.4BQ4 2025: $15.9BQ1 2026: $17.8BQ2 2026: $14.1B
Institutions holding RGLD and their total value by quarter
QuarterHoldersValue
Q2 2026766$14.1B
Q1 2026810$17.8B
Q4 2025745$15.9B
Q3 2025655$12.4B
Q2 2025616$10.3B
Q1 2025562$9.42B
Q4 2024521$7.48B
Q3 2024481$7.86B
Q2 2024463$6.94B
Q1 2024449$6.65B
Q4 2023436$6.61B
Q3 2023411$5.81B
Q2 2023434$6.27B
Q1 2023412$7.29B
Q4 2022404$6.29B
Q3 2022392$5.02B
Q2 2022414$5.65B
Q1 2022408$7.63B
Q4 2021393$5.55B
Q3 2021372$5.02B
Q2 2021369$6.00B
Q1 2021354$5.63B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Royal Gold Inc; share changes are against Q3 2025.

Institutions holding RGLD in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
ProShare Advisors LLC181,355$40.3M0.07%−44,045−19.5%Reduced
California Public Employees Retirement System186,213$41.4M0.02%−23,540−11.2%Reduced
JPMorgan Chase & Co186,784$41.5M0.00%−51,417−21.6%Reduced
American Century Companies Inc198,683$44.2M0.02%+21,200+11.9%Added
Rhumbline Advisers208,184$46.3M0.04%+27,756+15.4%Added
Kopernik Global Investors, LLC209,678$46.6M3.72%+93,613+80.7%Added
Verition Fund Management LLC210,644$46.8M0.25%+4,852+2.4%Added
Wellington Management Group LLP214,894$47.8M0.01%+132,759+161.6%Added
Amundi221,293$49.2M0.01%+29,484+15.4%Added
Gabelli Funds LLC224,140$49.8M0.34%+16,225+7.8%Added
NFJ Investment Group, LLC228,607$50.8M1.84%+228,607New
Goldman Sachs Group Inc228,933$50.9M0.01%+104,611+84.1%Added
UBS Asset Management Americas Inc237,458$52.8M0.01%+16,534+7.5%Added
Victory Capital Management Inc256,179$56.9M0.03%−41,942−14.1%Reduced
Millennium Management LLC277,627$61.7M0.04%−225,654−44.8%Reduced
First Trust Advisors LP294,154$65.4M0.05%−3,118−1.0%Reduced
T. Rowe Price Investment Management, Inc.307,310$68.3M0.04%−68,543−18.2%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.307,653$68.4M0.08%−26,130−7.8%Reduced
UBS Group AG309,023$68.7M0.01%−215,335−41.1%Reduced
Toroso Investments, LLC322,681$71.6M0.30%+158,608+96.7%Added
Squarepoint Ops LLC387,963$86.2M0.17%+264,379+213.9%Added
Citadel Advisors LLC449,439$99.9M0.07%−51,971−10.4%Reduced
Deutsche Bank AG464,503$103.3M0.03%+193,448+71.4%Added
Charles Schwab Investment Management Inc553,090$122.9M0.02%+85,110+18.2%Added
Bank of America Corp557,138$123.8M0.01%+273,163+96.2%Added
Swedbank AB567,727$126.2M0.12%+143,598+33.9%Added
Price T Rowe Associates Inc678,782$150.9M0.02%+14,929+2.2%Added
FMR LLC709,276$157.7M0.01%+183,324+34.9%Added
AQR Capital Management LLC821,911$182.7M0.10%−112,986−12.1%Reduced
Bank of New York Mellon Corp834,789$185.6M0.03%+209,851+33.6%Added
Nuveen, LLC925,906$205.8M0.05%+759,810+457.5%Added
First Eagle Investment Management, LLC926,123$205.9M0.36%−1,321,752−58.8%Reduced
Findlay Park Partners LLP978,030$217.4M2.77%−198,300−16.9%Reduced
Northern Trust Corp1,087,965$241.8M0.03%+57,464+5.6%Added
Morgan Stanley1,167,521$259.5M0.02%+68,257+6.2%Added
Dimensional Fund Advisors LP1,176,869$261.6M0.05%+183,604+18.5%Added
Invesco Ltd.1,446,731$321.6M0.03%+443,942+44.3%Added
Capital International Investors1,493,661$332.0M0.05%+1,493,661New
Arrowstreet Capital, Limited Partnership1,855,877$412.5M0.24%+874,329+89.1%Added
Geode Capital Management, LLC1,952,363$434.1M0.03%+78,344+4.2%Added
State Street Corp3,718,646$826.6M0.03%+396,778+11.9%Added
Van Eck Associates Corp5,900,432$1.31B1.08%+905,488+18.1%Added
Vanguard Group Inc8,398,944$1.87B0.03%+1,681,577+25.0%Added
BlackRock, Inc.9,365,600$2.08B0.04%+2,291,727+32.4%Added
Capital World Investors9,733,807$2.16B0.29%+678,732+7.5%Added
Distillate Capital Partners LLC0$00.00%−86,744−100.0%Sold out
Moore Capital Management, LP0$00.00%−61,138−100.0%Sold out
Armor Advisors, L.L.C.0$00.00%−58,805−100.0%Sold out
Intech Investment Management LLC0$00.00%−57,196−100.0%Sold out
Fieldview Capital Management, LLC0$00.00%−43,367−100.0%Sold out
Prudential PLC0$00.00%−38,463−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−26,851−100.0%Sold out
Quantessence Capital LLC0$00.00%−25,211−100.0%Sold out
Troluce Capital Advisors LLC0$00.00%−25,000−100.0%Sold out
Crawford Fund Management, LLC0$00.00%−22,616−100.0%Sold out
Holocene Advisors, LP0$00.00%−19,934−100.0%Sold out
Old Mission Capital LLC0$00.00%−14,091−100.0%Sold out
Lighthouse Investment Partners, LLC0$00.00%−13,255−100.0%Sold out
Timelo Investment Management Inc.0$00.00%−12,000−100.0%Sold out
Elo Mutual Pension Insurance Co0$00.00%−10,745−100.0%Sold out
Private Client Services, LLC0$00.00%−10,532−100.0%Sold out
Zurich Insurance Group Ltd0$00.00%−9,000−100.0%Sold out
DDD Partners, LLC0$00.00%−8,556−100.0%Sold out
Quantbot Technologies LP0$00.00%−8,089−100.0%Sold out
Freestone Grove Partners LP0$00.00%−8,032−100.0%Sold out
Virtu Financial LLC0$00.00%−6,666−100.0%Sold out
Daiwa Securities Group Inc.0$00.00%−6,300−100.0%Sold out
Oxford Asset Management LLP0$00.00%−5,542−100.0%Sold out
Prospera Financial Services Inc0$00.00%−5,325−100.0%Sold out
Winton Group Ltd0$00.00%−3,476−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−3,066−100.0%Sold out
Keebeck Alpha, LP0$00.00%−2,966−100.0%Sold out
Inceptionr LLC0$00.00%−2,786−100.0%Sold out
Requisite Capital Management, LLC0$00.00%−2,665−100.0%Sold out
Aviva PLC0$00.00%−2,605−100.0%Sold out
Twin Tree Management, LP0$00.00%−2,586−100.0%Sold out
Ground Swell Capital, LLC0$00.00%−2,384−100.0%Sold out
Qtron Investments LLC0$00.00%−2,035−100.0%Sold out
GTS Securities LLC0$00.00%−1,790−100.0%Sold out
Significant Wealth Partners LLC0$00.00%−1,743−100.0%Sold out
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management0$00.00%−1,708−100.0%Sold out
Twinbeech Capital LP0$00.00%−1,684−100.0%Sold out
denkapparat Operations GmbH0$00.00%−1,630−100.0%Sold out
Severin Investments, LLC0$00.00%−1,594−100.0%Sold out
Premier Fund Managers Ltd0$00.00%−1,594−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−1,572−100.0%Sold out
Perritt Capital Management Inc0$00.00%−1,512−100.0%Sold out
Symphony Financial, Ltd. Co.0$00.00%−1,495−100.0%Sold out
Whalen Wealth Management Inc.0$00.00%−1,492−100.0%Sold out
Sageworth Trust Co0$00.00%−1,455−100.0%Sold out
Polymer Capital Management (HK) LTD0$00.00%−1,430−100.0%Sold out
AIA Group Ltd0$00.00%−1,348−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−1,328−100.0%Sold out
EntryPoint Capital, LLC0$00.00%−1,316−100.0%Sold out
Warburton Capital Management, LLC0$00.00%−1,245−100.0%Sold out
Parallax Volatility Advisers, L.P.0$00.00%−1,220−100.0%Sold out
Engineers Gate Manager LP0$00.00%−1,207−100.0%Sold out
Brighton Jones LLC0$00.00%−1,112−100.0%Sold out
Longboard Asset Management, LP0$00.00%−1,024−100.0%Sold out
Wealth Alliance Advisory Group, LLC0$00.00%−1,000−100.0%Sold out