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Ronald Muhlenkamp

Muhlenkamp & Co

Ronald Muhlenkamp Royal Gold Inc stake

total: 196

Muhlenkamp & Co RGLD trades

Total transactions:
21
New positions:
1
Added:
18
Reduced:
2
Held since:
2020 Q4
Held for:
21 quarters
Latest activity:
2026 Q1
According to 2026 Q1 report, Ronald Muhlenkamp holds 87,892 Royal Gold Inc (RGLD) shares with a market value of roughly $22.37M accounting for 5.89% of the overall portfolio. To date, the estimated cost basis is nearly $113.31 for "buy" trades and estimated average "sell" price is $178.44. Muhlenkamp & Co first purchased RGLD in 2020 Q4, initially acquiring 19,924 shares. Since the initial investment in Royal Gold Inc (RGLD), Muhlenkamp & Co has made 20 more transactions.

How many RGLD shares does Ronald Muhlenkamp currently hold?

According to 2026 Q1 report, Ronald Muhlenkamp holds 87,892 shares of Royal Gold Inc (RGLD), valued at around $22.37M.

When did Ronald Muhlenkamp buy Royal Gold Inc (RGLD)?

Ronald Muhlenkamp first invested in Royal Gold Inc (RGLD) in 2020 Q4 at the reported quarter-end price of $106.35 per share.

What's the cost basis of Muhlenkamp & Co's RGLD stake?

The estimated cost basis for Royal Gold Inc (RGLD) stake is around $113.31 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$113.30
Weighted AVG sell price:
$178.44

Ronald Muhlenkamp's historical trades in Royal Gold Inc

21 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q1
5.89%
87,892
$254.49
$22,367,635
-0.04% (-36)
-0%
2025 Q4
5.26%
87,928
$222.29
$19,545,515
+0.39% (+343)
+0.02%
2025 Q3
4.78%
87,585
$200.58
$17,567,717
+0.07% (+59)
+0%
2025 Q2
4.86%
87,526
$177.84
$15,565,676
+0.08% (+66)
+0%
2025 Q1
4.68%
87,460
$163.51
$14,300,614
+0.55% (+482)
+0.03%
2024 Q4
3.48%
86,978
$131.85
$11,468,012
+0.26% (+229)
+0.01%
2024 Q3
3.73%
86,749
$140.30
$12,170,932
+0.78% (+669)
+0.03%
2024 Q2
3.36%
86,080
$125.16
$10,773,773
+0.21% (+181)
+0.01%
2024 Q1
3.04%
85,899
$121.81
$10,463,357
+49.43% (+28,414)
+1.01%
2023 Q4
2.27%
57,485
$120.96
$6,953,386
+1.04% (+594)
+0.02%
2023 Q3
2.09%
$106.33
+0.06% (+32)
2023 Q2
2.31%
$114.78
+21.15% (+9,927)
2022 Q4
2.24%
$112.72
+0.16% (+77)
2022 Q3
1.96%
$93.82
+11.29% (+4,752)
2022 Q2
2.11%
$106.79
+0.67% (+279)
2022 Q1
2.06%
$141.28
+1.19% (+490)
2021 Q4
1.52%
$105.22
+69.75% (+16,984)
2021 Q3
0.89%
$95.48
-0.14% (-33)
2021 Q2
1.02%
$114.10
+0.14% (+33)
2021 Q1
1.02%
$113.43
+22.21% (+4,426)
2020 Q4
0.85%
$106.35
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.