Allspring Global Investments Reduces Royal Gold Stake

Institutional investor sells off over 45,000 shares of precious metals company

Apr. 4, 2026 at 7:34am

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An extreme close-up of the intricate gears, levers, and mechanisms of heavy industrial gold mining equipment, conveying the complex financial infrastructure behind precious metals investments.An institutional investor's reduced stake in a leading precious metals company reflects the shifting investment landscape for the sector.Denver Today

Allspring Global Investments Holdings LLC, an institutional investor, decreased its position in Royal Gold, Inc. (NASDAQ:RGLD) by 32.5% in the fourth quarter, according to a recent SEC filing. The firm sold 45,009 shares, leaving it with 93,633 shares worth approximately $20.7 million.

Why it matters

Royal Gold is a leading precious metals streaming and royalty company, providing upfront financing to mining operators in exchange for a percentage of future metal production. This transaction highlights the shifting investment landscape for precious metals companies as institutional investors adjust their portfolios.

The details

According to the 13F filing, Allspring Global Investments sold 45,009 shares of Royal Gold stock during the fourth quarter. The firm now owns approximately 93,633 shares, or about 0.11% of the company's outstanding stock. Royal Gold's business model allows it to participate in production upside while minimizing exposure to the operational aspects of mining.

  • Allspring Global Investments reduced its Royal Gold position in the fourth quarter of 2025.

The players

Allspring Global Investments Holdings LLC

An institutional investor that decreased its position in Royal Gold, Inc. by 32.5% in the fourth quarter.

Royal Gold, Inc.

A leading precious metals streaming and royalty company that provides upfront financing to mining operators in exchange for a percentage of future metal production.

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The takeaway

This transaction reflects the shifting investment landscape for precious metals companies as institutional investors adjust their portfolios. Royal Gold's unique business model, which allows it to participate in production upside while minimizing operational risks, continues to attract investor interest despite the volatility in the sector.