Capital World Investors Amends Royal Gold Stake (SC 13G/A)
Ticker: RGLD · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 85535
| Field | Detail |
|---|---|
| Company | Royal Gold Inc (RGLD) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, investor-update
Related Tickers: RGLD
TL;DR
**Big investor Capital World Investors updated their Royal Gold holdings, signaling continued interest.**
AI Summary
Capital World Investors, a major institutional investor, filed an amended SC 13G/A on February 9, 2024, indicating their ownership in Royal Gold, Inc. (RGLD) as of December 29, 2023. This filing is an amendment (Amendment No. 6), suggesting a change in their previously reported holdings. While the exact percentage or share count isn't detailed in the provided text, the filing confirms their continued significant interest in Royal Gold, which is important for investors as large institutional holdings can signal confidence in the company's future performance.
Why It Matters
This filing shows that a major institutional investor, Capital World Investors, continues to hold a significant position in Royal Gold, Inc., which can be seen as a vote of confidence in the company's long-term prospects.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate negative risks for Royal Gold, Inc.
Analyst Insight
Investors should note that Capital World Investors, a significant institutional holder, continues to monitor and adjust its position in Royal Gold, Inc. While this filing doesn't reveal specific changes in share count or percentage, it confirms ongoing institutional interest. Smart investors might track future 13F filings to see the exact changes in Capital World Investors' holdings.
Key Players & Entities
- Capital World Investors (company) — the reporting person filing the SC 13G/A
- Royal Gold, Inc. (company) — the subject company in which shares are held
- December 29, 2023 (date) — the date of the event requiring the filing
- February 9, 2024 (date) — the filing date of the SC 13G/A
- 780287108 (number) — CUSIP Number for Royal Gold, Inc. Common Stock
FAQ
Who filed this SC 13G/A amendment?
This SC 13G/A amendment was filed by Capital World Investors, as indicated in the 'FILED BY' section and 'NAMES OF REPORTING PERSONS' on the cover page.
What company is the subject of this filing?
The subject company of this filing is Royal Gold, Inc., as stated under 'SUBJECT COMPANY' and 'Name of Issuer' on the cover page.
What type of security is covered by this filing?
The filing covers 'Common Stock' of Royal Gold, Inc., as specified under 'Title of Class of Securities' on the cover page.
When was the event that triggered this filing?
The event which required the filing of this statement occurred on December 29, 2023, as noted under 'Date of Event Which Requires Filing of this Statement'.
What is the CUSIP number for Royal Gold, Inc. Common Stock?
The CUSIP number for Royal Gold, Inc. Common Stock is 780287108, as listed on the cover page of the filing.
Filing Stats: 1,030 words · 4 min read · ~3 pages · Grade level 8.3 · Accepted 2024-02-09 18:21:27
Filing Documents
- SEC13G_Filing.htm (SC 13G/A) — 16KB
- 0001422848-24-000292.txt ( ) — 18KB
From the Filing
SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 6 ) * Royal Gold, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 780287108 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 780287108 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 8,171,643 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 8,171,643 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,171,643 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.4% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Royal Gold, Inc. (b) Address of Issuer's Principal Executive Offices 1144 15th Street, Suite 2500, Denver, CO 80202 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 780287108 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 8,171,643 ** (b) Percent of Class: 12.4% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 8,171,643 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 8,171,643 (iv) shared power to dispose or to direct the disposition of 0 **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 8,171,643 shares or 12.4% of the 65,692,012 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the c