Royal Gold, Inc.
DE ˙ DB ˙ US7802871084
189,40 € ↑1,25 (0,66%)
2026-06-04
DEL PRIS
SecurityDE:RG3 / Royal Gold, Inc.
InstitutionNorges Bank
Latest Disclosed Ownership134,071 shares
Latest Disclosed Value $ 29,802,643
Norges Bank ownership in RG3 / Royal Gold, Inc.

On February 10, 2026 - Norges Bank filed a 13F-HR form disclosing ownership of 134,071 shares of Royal Gold, Inc. (DE:RG3) valued at $25,748,336 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 0 shares of Royal Gold, Inc.. The current value of the position is $25,393,047 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-10 2025-12-31 13F ROYAL GOLD COM 780287108 134,071 134,071 29,803 0.0032
2025-11-13 2025-09-30 13F ROYAL GOLD COM 780287108 0 -382,527 -100.00 0 -100.00
2025-08-13 2025-06-30 13F ROYAL GOLD COM 780287108 382,527 17,608 4.83 68,029 14.01 0.0085
2026-05-11 2025-03-31 13F/A-1 ROYAL GOLD COM 780287108 364,919 31,138 9.33 59,668 35.58 0.0084
2025-02-12 2024-12-31 13F ROYAL GOLD COM 780287108 333,781 -33,183 -9.04 44,009 -14.52 0.0058
2025-11-12 2024-09-30 13F/A-1 ROYAL GOLD COM 780287108 366,964 -52,839 -12.59 51,485 -2.01 0.0072
2024-08-14 2024-06-30 13F ROYAL GOLD COM 780287108 419,803 79,951 23.53 52,543 26.92 0.0078
2025-05-14 2024-03-31 13F/A-1 ROYAL GOLD COM 780287108 339,852 61,280 22.00 41,397 22.85 0.0065
2024-02-09 2023-12-31 13F ROYAL GOLD COM 780287108 278,572 -625,210 -69.18 33,696 -64.94 0.0059
2024-11-13 2023-09-30 13F/A-1 ROYAL GOLD COM 780287108 903,782 -917,959 -50.39 96,099 -54.04 0.0195
2024-08-14 2023-06-30 13F/A-1 ROYAL GOLD COM 780287108 1,821,741 -148,538 -7.54 209,099 -18.18 0.0413
2024-05-15 2023-03-31 13F/A-1 ROYAL GOLD COM 780287108 1,970,279 -154,918 -7.29 255,565 6.68 0.0559
2023-02-14 2022-12-31 13F ROYAL GOLD COM 780287108 2,125,197 -22,181 -1.03 239,552 18.90 0.0577
2023-11-13 2022-09-30 13F/A-1 ROYAL GOLD COM 780287108 2,147,378 215,642 11.16 201,467 -2.33 0.0536
2023-08-14 2022-06-30 13F/A-1 ROYAL GOLD COM 780287108 1,931,736 45,457 2.41 206,271 -22.60 0.0533
2023-05-12 2022-03-31 13F/A-1 ROYAL GOLD COM 780287108 1,886,279 978,706 107.84 266,493 179.09 0.0581
2022-03-09 2021-12-31 13F/A-1 ROYAL GOLD COM 780287108 907,573 362,017 66.36 95,486 83.29 0.0196
2022-11-14 2021-09-30 13F/A-1 ROYAL GOLD COM 780287108 545,556 -22,579 -3.97 52,095 -19.64 0.0115
2022-08-15 2021-06-30 13F/A-1 ROYAL GOLD COM 780287108 568,135 -21,664 -3.67 64,824 2.13 0.0141
2022-05-09 2021-03-31 13F/A-1 ROYAL GOLD COM 780287108 589,799 -25,925 -4.21 63,474 -3.08 0.0145
2021-03-02 2020-12-31 13F/A-1 ROYAL GOLD COM 780287108 615,724 4,339 0.71 65,488 -10.86 0.0153
2021-11-12 2020-09-30 13F/A-1 ROYAL GOLD COM 780287108 611,385 -12,318 -1.97 73,470 -5.25 0.0195
2021-08-13 2020-06-30 13F/A-1 ROYAL GOLD COM 780287108 623,703 16,278 2.68 77,539 45.54 0.0223
2021-05-07 2020-03-31 13F/A-1 ROYAL GOLD COM 780287108 607,425 0 0.00 53,277 -28.25 0.0190
2020-03-03 2019-12-31 13F/A-1 ROYAL GOLD COM 780287108 607,425 -6,564 -1.07 74,258 -1.84 0.0207
2020-11-13 2019-09-30 13F/A-1 ROYAL GOLD COM 780287108 613,989 -10,415 -1.67 75,650 18.21 0.0232
2020-08-13 2019-06-30 13F/A-1 ROYAL GOLD COM 780287108 624,404 -34,710 -5.27 63,995 6.78 0.0198
2020-05-11 2019-03-31 13F/A-2 ROYAL GOLD COM 780287108 659,114 -299,589 -31.25 59,934 -27.01 0.0194
2019-03-04 2018-12-31 13F/A-1 ROYAL GOLD COM 780287108 958,703 -242,565 -20.19 82,113 -11.30 0.0305
2019-12-02 2018-09-30 13F/A-3 ROYAL GOLD COM 780287108 1,201,268 -212,260 -15.02 92,569 -29.46 0.0301
2019-12-02 2018-09-30 13F/A-2 ROYAL GOLD COM 780287108 1,201,268 -212,260 92,569 0.0301
2019-11-12 2018-09-30 13F/A-1 ROYAL GOLD COM 780287108 1,201,268 -212,260 92,569 0.0301
2019-08-12 2018-06-30 13F/A-1 ROYAL GOLD COM 780287108 1,413,528 -1,170,833 -45.30 131,231 -40.87 0.0450
2019-05-15 2018-03-31 13F/A-2 ROYAL GOLD COM 780287108 2,584,361 0 0.00 221,919 4.57 0.0803
2018-03-05 2017-12-31 13F/A-1 ROYAL GOLD COM 780287108 2,584,361 -187,116 -6.75 212,227 -11.00 0.0761
2018-11-13 2017-09-30 13F/A-1 ROYAL GOLD COM 780287108 2,771,477 250,000 9.91 238,458 20.98 0.0905
2018-07-24 2017-06-30 13F/A-1 ROYAL GOLD COM 780287108 2,521,477 -199,451 -7.33 197,104 3.41 0.0782
2018-05-11 2017-03-31 13F/A-1 ROYAL GOLD COM 780287108 2,720,928 0 0.00 190,601 10.58 0.0782
2017-03-02 2016-12-31 13F/A-1 ROYAL GOLD COM 780287108 2,720,928 0 0.00 172,371 -14.34 0.0753
2017-11-13 2016-09-30 13F/A-1 ROYAL GOLD COM 780287108 2,720,928 0 0.00 201,224 2.69 0.0951
2017-08-09 2016-06-30 13F/A-1 ROYAL GOLD COM 780287108 2,720,928 981,462 56.42 195,961 119.65 0.0931
2017-05-10 2016-03-31 13F/A-1 ROYAL GOLD COM 780287108 1,739,466 1,440,817 482.44 89,217 719.11 0.0439
2016-04-18 2015-12-31 13F/A-2 ROYAL GOLD COM 780287108 298,649 298,649 0.00 10,892 0.00 0.0054
2016-03-16 2015-12-31 13F/A-1 ROYAL GOLD COM 780287108 298,649 0 10,892 0.0055
2016-04-18 2014-12-31 13F/A-2 ROYAL GOLD COM 780287108 0 -1,447,857 -100.00 0 -100.00
2014-11-14 2013-09-30 13F/A-1 ROYAL GOLD COM 780287108 1,447,857 1,114,980 334.95 70,455 402.93 0.0411
2014-08-14 2013-06-30 13F/A-1 ROYAL GOLD COM 780287108 332,877 0 0.00 14,009 -40.76 0.0087
2014-04-04 2013-03-31 13F/A-1 ROYAL GOLD COM 780287108 332,877 -12,725 23,647 0.0157
2014-05-12 2013-03-31 13F/A-2 ROYAL GOLD COM 780287108 332,877 -12,725 -3.68 23,647 -31.47 0.0153
2013-11-14 2012-09-30 13F/A-1 ROYAL GOLD COM 780287108 345,602 4,460 1.31 34,507 33.64 0.0233
2013-08-15 2012-06-30 13F/A-1 ROYAL GOLD COM 780287108 341,142 341,142 25,820 0.0207
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.