Filing of The Day: Miller Lloyd I Iii Just Disclosed New Gulf Coast Ultra Deep Royalty Trust Position

Filing of The Day: Miller Lloyd I Iii Just Disclosed New Gulf Coast Ultra Deep Royalty Trust Position

The New Miller Lloyd I Iii Holding in Gulf Coast Ultra Deep Royalty Trust

Miller Lloyd I Iii filed with the SEC SC 13D form for Gulf Coast Ultra Deep Royalty Trust. The form can be accessed here: 000114420416130192. As reported in Miller Lloyd I Iii’s form, the filler as of late owns 20.1% or 46,278,326 shares of the Energy–company.

Gulf Coast Ultra Deep Royalty Trust stake is a new one for the and it was filed because of activity on October 27, 2016. We feel this shows Miller Lloyd I Iii’s positive view for the stock.

Gulf Coast Ultra Deep Royalty Trust Institutional Sentiment

Latest Security and Exchange filings show 71 investors own Gulf Coast Ultra Deep Royalty Trust. The institutional ownership in Q3 2015 is high, at 41.38% of the outstanding shares. This is increased by 2084985 the total institutional shares. 95233054 were the shares owned by these institutional investors. In total 4 funds opened new Gulf Coast Ultra Deep Royalty Trust stakes, 11 increased stakes. There were 11 that closed positions and 15 reduced them.

2 managers had the stock in their top Ten. Notable investors are: .

Michael Kao Akanthos Capital Management Llc is an institutional investor bullish on Gulf Coast Ultra Deep Royalty Trust, owning 9689329 shares as of Q3 2015 for 4.25% of its portfolio. Mark Mcgoldrick And Jason Maynard Mount Kellett Capital Management Lp owns 31389743 shares or 8.84% of its portfolio. MA Bollard Group Llc have less than 0.01% of their stock portfolio for 9 shares. Further, Pinnacle Holdings Llc reported stake worth less than 0.01% of its US stock portfolio. The MI Bluestein R H & Company owns 45000 shares. Gulf Coast Ultra Deep Royalty Trust is less than 0.01% of the manager’s US portfolio.

Business Profile

Gulf Coast Ultra Deep Royalty Trust (the Royalty Trust) is a statutory trust. The Company holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC’s Inboard Lower Tertiary/Cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The Company’s subject interests consist of approximately 20 specified Inboard Lower Tertiary/Cretaceous. The offshore subject interests consist of exploration prospects, including Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook; Hurricane; Lafitte; Morgan, and Queen Anne’s Revenge. The onshore subject interests consist of Highlander, Lineham Creek and Tortuga.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to Infinity in Q2 2016. Its up Infinity, from 0.27 in 2016Q1. The ratio increased, as 0 funds sold all Gulf Coast Ultra Deep Royalty Trust shares owned while 0 reduced positions. 1 funds bought stakes while 1 increased positions. They now own 9.41 million shares or 105.37% more from 4.58 million shares in 2016Q1.

Montgomery Invest Incorporated holds 0% of its portfolio in Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) for 13,000 shares. Baldwin Brothers Ma holds 690 shares or 0% of its portfolio. Price Michael F has 721,942 shares for 0.01% of their US portfolio. Leavell Invest, a Alabama-based fund reported 44,050 shares. General Amer holds 0.03% of its portfolio in Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) for 3.83M shares. Blair William & Company Il last reported 0% of its portfolio in the stock. Cape Cod Five Cents Fincl Bank has invested 0% of its portfolio in Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU).

About 69,735 shares traded hands. Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) has declined 51.58% since March 28, 2016 and is downtrending. It has underperformed by 56.29% the S&P500.

Gulf Coast Ultra Deep Royalty Trust is a statutory trust. The company has a market cap of $16.11 million. The Firm holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC’s Inboard Lower Tertiary/Cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. It currently has negative earnings. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses.

More notable recent Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) news were published by: Seekingalpha.com which released: “Is Now The Time To Look At Biloxi Marshlands And Gulf Coast Ultra Deep Royalty …” on July 06, 2015, also Forbes.com with their article: “McMoRan Gives Update On Davy Jones, The $1 Billion Ultradeep Well” published on May 08, 2013, Fortune.com published: “Sohn Conference: Stock picks from 5 top hedge fund managers” on May 04, 2015. More interesting news about Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) were released by: Nola.com and their article: “McMoRan Exploration shareholders approve plan to merge with Freeport-McMoran” published on June 03, 2013 as well as Bloomberg.com‘s news article titled: “How The Hedge Fund Picks From Last Year’s Sohn Conference Are Performing” with publication date: May 02, 2016.

GULTU Company Profile

Gulf Coast Ultra Deep Royalty Trust (the Royalty Trust), incorporated on December 18, 2012, is a statutory trust. The Firm is engaged in holding overriding royalty interests in future production from each of McMoRan Oil & Gas LLC’s Inboard Lower Tertiary/Cretaceous exploration prospects. The exploration prospects are located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana.

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