Joel Greenblatt acquired 54.7 Thousand Royal Gold shares worth $7.28 Million. That's 0.11% of their equity portfolio (230th largest holding). The first Royal Gold trade was made in Q1 2015. Since then Joel Greenblatt bought shares thirteen more times and sold shares on ten occasions. The stake costed the investor $6.38 Million, netting the investor a gain of 14% so far.