Welch Group’s Permian Basin Royalty Trust PBT Stock Holding History

Welch Group’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	$415K	Buy	19,298 +1,500	+8%	+$29.2K	0.02%	202
2025 Q4	$302K	Hold	17,798	–	–	0.01%	238
2025 Q3	$325K	Hold	17,798	–	–	0.01%	221
2025 Q2	$221K	Sell	17,798 -402	-2%	-$4.28K	0.01%	252
2025 Q1	$180K	Buy	18,200 +7,384	+68%	+$80.1K	0.01%	251
2024 Q4	$118K	Hold	10,816	–	–	0.01%	255
2024 Q3	$128K	Hold	10,816	–	–	0.01%	259
2024 Q2	$121K	Hold	10,816	–	–	0.01%	253
2024 Q1	$130K	Hold	10,816	–	–	0.01%	223
2023 Q4	$151K	Hold	10,816	–	–	0.01%	218
2023 Q3	$230K	Hold	10,816	–	–	0.01%	185
2023 Q2	$270K	Hold	10,816	–	–	0.02%	167
2023 Q1	$264K	Buy	10,816 +402	+4%	+$9.57K	0.02%	167
2022 Q4	$262K	Hold	10,414	–	–	0.02%	181
2022 Q3	$170K	Hold	10,414	–	–	0.01%	170
2022 Q2	$172K	Hold	10,414	–	–	0.01%	194
2022 Q1	$129K	Hold	10,414	–	–	0.01%	210
2021 Q4	$105K	Hold	10,414	–	–	0.01%	213
2021 Q3	$60K	Buy	+10,414	New	+$55.2K	﹤0.01%	189

Other funds holding PBT

Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 1-Year Est. Return

SoftVest Advisors Abilene, Texas $872M AUM 28.76% 1-Year Est. Return

Mad River Investors Boston, Massachusetts $278M AUM 32.21% 1-Year Est. Return

Schwartz Investment Counsel Plymouth, Michigan $2.82B AUM 13.66% 1-Year Est. Return

Foundation Resource Management Little Rock, Arkansas $889M AUM 43.87% 1-Year Est. Return

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 New York $1.66T AUM 25.57% 1-Year Est. Return

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