FRM
PBT

Foundation Resource Management’s Permian Basin Royalty Trust PBT Stock Holding History

Foundation Resource Management’s Portfolio PBT Stock Details PBT Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		$13.6M Sell
630,207
-12,300
-2% -$239K 1.53% 27
2025
Q4 		$10.9M Hold
642,507
– – 1.46% 24
2025
Q3 		$11.7M Sell
642,507
-750
-0.1% -$11.7K 1.68% 22
2025
Q2 		$8.01M Sell
643,257
-4,615
-0.7% -$49.1K 1.24% 29
2025
Q1 		$6.42M Sell
647,872
-14,669
-2% -$159K 1.01% 31
2024
Q4 		$7.34M Sell
662,541
-6,793
-1% -$81.4K 1.23% 31
2024
Q3 		$7.96M Sell
669,334
-11,000
-2% -$124K 1.23% 30
2024
Q2 		$7.66M Sell
680,334
-2,300
-0.3% -$27.9K 1.22% 29
2024
Q1 		$8.26M Buy
682,634
+5,671
+0.8% +$77.1K 1.3% 27
2023
Q4 		$9.45M Hold
676,963
– – 1.51% 23
2023
Q3 		$14.4M Sell
676,963
-8,580
-1% -$195K 2.39% 14
2023
Q2 		$17.1M Sell
685,543
-2,145
-0.3% -$53K 2.85% 13
2023
Q1 		$16.8M Sell
687,688
-2,160
-0.3% -$51.4K 2.78% 13
2022
Q4 		$17.4M Sell
689,848
-3,265
-0.5% -$67.5K 2.88% 12
2022
Q3 		$11.3M Sell
693,113
-5,540
-0.8% -$96.4K 2.15% 19
2022
Q2 		$11.6M Sell
698,653
-15,182
-2% -$235K 2.06% 21
2022
Q1 		$8.93M Sell
713,835
-3,085
-0.4% -$39.8K 1.38% 25
2021
Q4 		$7.24M Sell
716,920
-21,700
-3% -$179K 1.41% 25
2021
Q3 		$4.23M Sell
738,620
-4,300
-0.6% -$22.8K 0.95% 29
2021
Q2 		$4.17M Sell
742,920
-16,109
-2% -$70.2K 0.94% 29
2021
Q1 		$3.02M Sell
759,029
-16,047
-2% -$64K 0.72% 28
2020
Q4 		$2.57M Sell
775,076
-23,805
-3% -$65.9K 0.67% 29
2020
Q3 		$1.98M Sell
798,881
-11,265
-1% -$34.6K 0.6% 30
2020
Q2 		$2.67M Sell
810,146
-15,356
-2% -$51.1K 0.82% 28
2020
Q1 		$2.33M Sell
825,502
-7,699
-0.9% -$28K 0.83% 27
2019
Q4 		$3.22M Sell
833,201
-203,747
-20% -$821K 0.73% 29
2019
Q3 		$5.38M Sell
1,036,948
-5,379
-0.5% -$27.8K 1.18% 24
2019
Q2 		$6.35M Buy
1,042,327
+2,627
+0.3% +$16.9K 1.3% 24
2019
Q1 		$7.83M Sell
1,039,700
-62,354
-6% -$454K 1.64% 20
2018
Q4 		$6.5M Sell
1,102,054
-19,645
-2% -$138K 1.4% 23
2018
Q3 		$8.93M Buy
1,121,699
+165
+0% +$1.47K 1.73% 19
2018
Q2 		$10.5M Buy
1,121,534
+786
+0.1% +$7.57K 2.03% 19
2018
Q1 		$10.8M Buy
1,120,748
+30,690
+3% +$285K 2.17% 18
2017
Q4 		$9.67M Sell
1,090,058
-120,053
-10% -$1.1M 1.74% 20
2017
Q3 		$10.5M Buy
1,210,111
+5,167
+0.4% +$44.8K 1.75% 20
2017
Q2 		$10.5M Buy
1,204,944
+11,847
+1% +$113K 1.88% 20
2017
Q1 		$11.2M Sell
1,193,097
-55,438
-4% -$494K 1.96% 20
2016
Q4 		$9.63M Buy
1,248,535
+9,948
+0.8% +$72.1K 1.63% 22
2016
Q3 		$8.63M Sell
1,238,587
-1,900
-0.2% -$13.2K 1.54% 23
2016
Q2 		$9.09M Buy
1,240,487
+11,945
+1% +$81.1K 1.69% 21
2016
Q1 		$7.57M Buy
1,228,542
+25,003
+2% +$138K 1.55% 22
2015
Q4 		$6.09M Sell
1,203,539
-56,455
-4% -$349K 1.32% 21
2015
Q3 		$7.7M Buy
1,259,994
+30,956
+3% +$216K 1.66% 20
2015
Q2 		$9.91M Sell
1,229,038
-66,498
-5% -$578K 1.79% 21
2015
Q1 		$10.5M Sell
1,295,536
-83,016
-6% -$784K 1.72% 21
2014
Q4 		$13.2M Buy
1,378,552
+132
+0% +$1.5K 1.85% 20
2014
Q3 		$18.7M Buy
1,378,420
+9,760
+0.7% +$137K 2.45% 17
2014
Q2 		$19.5M Buy
1,368,660
+3,092
+0.2% +$42.9K 2.38% 18
2014
Q1 		$18M Sell
1,365,568
-25,602
-2% -$332K 2.3% 19
2013
Q4 		$17.9M Buy
1,391,170
+40,840
+3% +$581K 2.25% 18
2013
Q3 		$19.2M Buy
1,350,330
+182,966
+16% +$2.48M 2.47% 17
2013
Q2 		$15.5M Buy
+1,167,364
New +$15.1M 2.02% 21

Other funds holding PBT

HKAM
Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 1-Year Est. Return
SA
SoftVest Advisors Abilene, Texas $872M AUM 28.76% 1-Year Est. Return
MRI
Mad River Investors Boston, Massachusetts $278M AUM 32.21% 1-Year Est. Return
SIC
Schwartz Investment Counsel Plymouth, Michigan $2.82B AUM 13.66% 1-Year Est. Return
MC
Moors & Cabot Boston, Massachusetts $2.34B AUM 30.42% 1-Year Est. Return
SEI Investments
SEI Investments Oaks, Pennsylvania $108B AUM 26.14% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
HP
Hosking Partners London, United Kingdom $2.79B AUM 58.33% 1-Year Est. Return
Commonwealth Equity Services
Commonwealth Equity Services Waltham, Massachusetts $71.6B AUM 21.08% 1-Year Est. Return
ASN
Advisory Services Network Atlanta, Georgia $7.52B AUM 29.01% 1-Year Est. Return

Foundation Resource Management's PBT Position: Q1 2026 in Review

Foundation Resource Management reduced its Permian Basin Royalty Trust (PBT) stake by 1.9% in Q1 2026, selling an estimated $239K and leaving 630,207 shares worth $13.6M. The position accounts for 1.53% of the portfolio, ranked #27.

Foundation Resource Management first reported a position in PBT in Q2 2013 and has held it in 52 quarters since. The position peaked at $19.5M in Q2 2014. 96 funds tracked by Wall St. Rank hold PBT as of Q1 2026.

  • Foundation Resource Management held 630,207 shares of Permian Basin Royalty Trust worth $13.6M as of Q1 2026.
  • Foundation Resource Management sold 12,300 Permian Basin Royalty Trust shares in Q1 2026, an estimated $239K.
  • Permian Basin Royalty Trust made up 1.53% of Foundation Resource Management's portfolio in Q1 2026, its #27 holding.
  • Foundation Resource Management first reported a position in Permian Basin Royalty Trust in Q2 2013 and has held it in 52 quarters since.
  • Foundation Resource Management's Permian Basin Royalty Trust position peaked at $19.5M in Q2 2014.
  • 96 funds tracked by Wall St. Rank held Permian Basin Royalty Trust as of Q1 2026.

Based on Foundation Resource Management's 13F filing for Q1 2026, filed 21 Apr 2026.