Ronald Muhlenkamp's RGLD Position Overview
Ronald Muhlenkamp (via Muhlenkamp & Co INC) currently holds 87,928 shares of Royal Gold, Inc. (RGLD) worth $19.55 M, representing 5.26% of the portfolio. First purchased in 2020-Q4, this long-term strategic position has been held for 21 quarters.
Based on 13F filings, Ronald Muhlenkamp has maintained a strategic position in RGLD, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2024, adding 28,414 shares. Largest reduction occurred in Q3 2021, reducing 33 shares.
Analysis based on 13F filings available since 2013 Q2
Ronald Muhlenkamp's Royal Gold (RGLD) Holding Value Over Time
Track share changes against reported price movement
Quarterly Royal Gold (RGLD) Trades by Ronald Muhlenkamp
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +343 | Add 0.39% | 87,928 | $222.29 |
| Q3 2025 | +59 | Add 0.07% | 87,585 | $200.58 |
| Q2 2025 | +66 | Add 0.08% | 87,526 | $177.84 |
| Q1 2025 | +482 | Add 0.55% | 87,460 | $163.51 |
| Q4 2024 | +229 | Add 0.26% | 86,978 | $131.85 |
| Q3 2024 | +669 | Add 0.78% | 86,749 | $140.30 |
| Q2 2024 | +181 | Add 0.21% | 86,080 | $125.16 |
| Q1 2024 | +28,414 | Add 49.43% | 85,899 | $121.81 |
| Q4 2023 | +594 | Add 1.04% | 57,485 | $120.96 |
| Q3 2023 | +32 | Add 0.06% | 56,891 | $106.33 |
| Q2 2023 | +56,860 | Add 0.00% | 56,859 | $114.78 |
| Q4 2022 | +77 | Add 0.16% | 46,932 | $112.72 |
| Q3 2022 | +4,752 | Add 11.29% | 46,855 | $93.82 |
| Q2 2022 | +279 | Add 0.67% | 42,103 | $106.79 |
| Q1 2022 | +490 | Add 1.19% | 41,824 | $141.28 |
| Q4 2021 | +16,984 | Add 69.75% | 41,334 | $105.22 |
| Q3 2021 | -33 | Reduce 0.14% | 24,350 | $95.48 |
| Q2 2021 | +33 | Add 0.14% | 24,383 | $114.10 |
| Q1 2021 | +4,426 | Add 22.21% | 24,350 | $113.43 |
| Q4 2020 | +19,924 | New Buy | 19,924 | $106.35 |
Ronald Muhlenkamp's Royal Gold Investment FAQs
Ronald Muhlenkamp first purchased Royal Gold, Inc. (RGLD) in Q4 2020, acquiring 19,924 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ronald Muhlenkamp has held Royal Gold, Inc. (RGLD) for 21 quarters since Q4 2020.
Ronald Muhlenkamp's largest addition to Royal Gold, Inc. (RGLD) was in Q2 2023, adding 56,859 shares worth $6.53 M.
According to the latest 13F filing for Q4 2025, Ronald Muhlenkamp's firm, Muhlenkamp & Co INC, owns 87,928 shares of Royal Gold, Inc. (RGLD), valued at approximately $19.55 M.
As of the Q4 2025 filing, Royal Gold, Inc. (RGLD) represents approximately 5.26% of Ronald Muhlenkamp's publicly disclosed stock portfolio, making it one of their key holdings.
Ronald Muhlenkamp's peak holding in Royal Gold, Inc. (RGLD) was 87,928 shares, as reported at the end of Q4 2025.