MRI
PBT

Mad River Investors’s Permian Basin Royalty Trust PBT Stock Holding History

Mad River Investors’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
Q2 		$25.2M Buy
1,005,152
+2,012
+0.2% +$50.9K 9.39% 2
2026
Q1 		$21.6M Buy
1,003,140
+16,321
+2% +$318K 7.77% 2
2025
Q4 		$16.8M Buy
986,819
+64,589
+7% +$1.16M 7.63% 3
2025
Q3 		$16.8M Buy
922,230
+38,313
+4% +$597K 7.2% 3
2025
Q2 		$11M Buy
883,917
+412,224
+87% +$4.38M 4.93% 5
2025
Q1 		$4.67M Buy
471,693
+225,400
+92% +$2.44M 1.98% 8
2024
Q4 		$2.73M Sell
246,293
-30,089
-11% -$361K 1.27% 14
2024
Q3 		$3.29M Buy
276,382
+12,209
+5% +$137K 1.82% 13
2024
Q2 		$2.97M Buy
264,173
+11,726
+5% +$142K 1.99% 12
2024
Q1 		$3.05M Sell
252,447
-4,842
-2% -$65.8K 2.12% 12
2023
Q4 		$3.59M Sell
257,289
-78,441
-23% -$1.4M 3.33% 8
2023
Q3 		$7.13M Buy
335,730
+859
+0.3% +$19.5K 5.05% 3
2023
Q2 		$8.09M Buy
334,871
+2,624
+0.8% +$64.8K 5.98% 3
2023
Q1 		$8.11M Buy
332,247
+920
+0.3% +$21.9K 5.71% 4
2022
Q4 		$8.35M Sell
331,327
-2,595
-0.8% -$53.7K 4.84% 3
2022
Q3 		$5.45M Buy
333,922
+7,522
+2% +$131K 3.97% 5
2022
Q2 		$5.4M Buy
326,400
+143,900
+79% +$2.23M 4.22% 5
2022
Q1 		$2.28M Buy
+182,500
New +$2.35M 1.76% 11

Other funds holding PBT

HKAM
Horizon Kinetics Asset Management New York $8.82B AUM 23.05% 1-Year Est. Return
SA
SoftVest Advisors Abilene, Texas $921M AUM 45.28% 1-Year Est. Return
SIC
Schwartz Investment Counsel Plymouth, Michigan $3.01B AUM 27.22% 1-Year Est. Return
FRM
Foundation Resource Management Little Rock, Arkansas $860M AUM 38.08% 1-Year Est. Return
MC
Moors & Cabot Boston, Massachusetts $2.57B AUM 37.84% 1-Year Est. Return
Commonwealth Equity Services
Commonwealth Equity Services Waltham, Massachusetts $79.5B AUM 27.1% 1-Year Est. Return
HF
HRT Financial New York $54.8B AUM 81.03% 1-Year Est. Return
ASN
Advisory Services Network Atlanta, Georgia $8.83B AUM 38.5% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return
BPA
Beacon Pointe Advisors Newport Beach, California $21.5B AUM 23.65% 1-Year Est. Return

Mad River Investors's PBT Position: Q2 2026 in Review

Mad River Investors increased its Permian Basin Royalty Trust (PBT) stake by 0.2% in Q2 2026, buying an estimated $50.9K and bringing the position to 1,005,152 shares worth $25.2M. The position accounts for 9.39% of the portfolio, ranked #2.

Mad River Investors first reported a position in PBT in Q1 2022 and has held it in 18 quarters since. 101 funds tracked by Wall St. Rank hold PBT as of Q2 2026.

  • Mad River Investors held 1,005,152 shares of Permian Basin Royalty Trust worth $25.2M as of Q2 2026.
  • Mad River Investors bought 2,012 Permian Basin Royalty Trust shares in Q2 2026, an estimated $50.9K.
  • Permian Basin Royalty Trust made up 9.39% of Mad River Investors's portfolio in Q2 2026, its #2 holding.
  • Mad River Investors first reported a position in Permian Basin Royalty Trust in Q1 2022 and has held it in 18 quarters since.
  • 101 funds tracked by Wall St. Rank held Permian Basin Royalty Trust as of Q2 2026.

Based on Mad River Investors's 13F filing for Q2 2026, filed 3 Aug 2026.