13FPulse
RG

RGLD ROYAL GOLD INC

2026Q2 · CUSIP 780287108 · Sector: Financials

Funds left

Funds are exiting, but the price is holding

Funds that own it
743
Institutions that reported holding it to the SEC
Net decrease in holders
62
Last quarter 805 → now 743
How unusual is that
Bottom 20%
Stronger than only 1.8% of US stocks
What the filings say, in one paragraph

743 funds held RGLD at the end of 2026Q2, down 62 from the quarter before. Buying has faded, though the price is holding up. On the business itself, revenue over the last 12 months was $1.5B(YoY +93.5%), the P/E is 28.6x, return on equity is 9.7%. RGLD has had 21 buying rushes in its history, and the price moved +5.5% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=218 2013Q4: holders=233 2014Q1: holders=230 2014Q2: holders=227 2014Q3: holders=241 2014Q4: holders=254 2015Q1: holders=253 2015Q2: holders=249 2015Q3: holders=261 2015Q4: holders=245 2016Q1: holders=247 2016Q2: holders=264 2016Q3: holders=275 2016Q4: holders=292 2017Q1: holders=265 2017Q2: holders=272 2017Q3: holders=286 2017Q4: holders=316 2018Q1: holders=326 2018Q2: holders=322 2018Q3: holders=311 2018Q4: holders=323 2019Q1: holders=348 2019Q2: holders=341 2019Q3: holders=378 2019Q4: holders=404 2020Q1: holders=363 2020Q2: holders=396 2020Q3: holders=386 2020Q4: holders=388 2021Q1: holders=351 2021Q2: holders=366 2021Q3: holders=373 2021Q4: holders=393 2022Q1: holders=405 2022Q2: holders=411 2022Q3: holders=392 2022Q4: holders=403 2023Q1: holders=410 2023Q2: holders=433 2023Q3: holders=412 2023Q4: holders=437 2024Q1: holders=449 2024Q2: holders=463 2024Q3: holders=480 2024Q4: holders=520 2025Q1: holders=564 2025Q2: holders=615 2025Q3: holders=653 2025Q4: holders=740 2026Q1: holders=805 2026Q2: holders=743 -87 -43.5 +0 +43.5 +87 196521846 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 21 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 5% -10.5%
2025Q4 Top 5% -3.9% -17.8%
2025Q3 Top 10% +24.8% +48.0%
2025Q2 Top 5% +16.0% +8.6%
2025Q1 Top 5% +4.1% -3.4%
2024Q4 Top 20% +12.1% +16.9%
2024Q2 Top 20% +3.9% +2.7%
2023Q2 Top 10% -4.7% +2.9%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
252
Change in large funds
-1
Total value they hold
$14.1B
Funds buying for the first time
86
Funds that sold out entirely
148
Price change that quarter
+14.5%
Funds holding puts (bearish)
17
Funds holding calls (bullish)
15

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
28.6
EPS (TTM)
$9.04
EPS YoY
+32.6%
Revenue (TTM)
$1.5B
Revenue YoY
+93.5%
Net margin
47.7%
ROE
9.7%
Debt ratio
19.2%
FCF (TTM)
Dividend (TTM)
$1.88
Quarterly Revenue & EPS
2021-09-30: EPS 1.07 2021-12-31: EPS 1.04 2022-03-31: EPS 1.00 2022-06-30: EPS 1.08 2022-09-30: EPS 0.70 2022-12-31: EPS 0.85 2023-03-31: EPS 0.97 2023-06-30: EPS 0.97 2023-09-30: EPS 0.75 2023-12-31: EPS 0.94 2024-03-31: EPS 0.72 2024-06-30: EPS 1.23 2024-09-30: EPS 1.46 2024-12-31: EPS 1.63 2025-03-31: EPS 1.72 2025-06-30: EPS 2.01 2025-09-30: EPS 1.92 2025-12-31: EPS 1.04 2026-03-31: EPS 3.30 2026-06-30: EPS 2.78 0M 235M 469M $M 0.00 1.82 3.63 201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 29 21 33 45 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.