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 Q2	$483K	Hold	19,298	–	–	0.02%	196
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

HKAM

Horizon Kinetics Asset Management New York $8.82B AUM 23.05% 1-Year Est. Return

SoftVest Advisors Abilene, Texas $921M AUM 45.28% 1-Year Est. Return

MRI

Mad River Investors Boston, Massachusetts $268M AUM 31.54% 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

Moors & Cabot Boston, Massachusetts $2.57B AUM 37.84% 1-Year Est. Return

Commonwealth Equity Services Waltham, Massachusetts $79.5B AUM 27.1% 1-Year Est. Return

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 San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Welch Group's PBT Position: Q2 2026 in Review

Welch Group held its Permian Basin Royalty Trust (PBT) position steady in Q2 2026 at 19,298 shares worth $483K. The position accounts for 0.02% of the portfolio, ranked #196.

Welch Group first reported a position in PBT in Q3 2021 and has held it in 20 quarters since. 101 funds tracked by Wall St. Rank hold PBT as of Q2 2026.

Welch Group held 19,298 shares of Permian Basin Royalty Trust worth $483K as of Q2 2026.
Welch Group left its Permian Basin Royalty Trust share count unchanged in Q2 2026.
Permian Basin Royalty Trust made up 0.02% of Welch Group's portfolio in Q2 2026, its #196 holding.
Welch Group first reported a position in Permian Basin Royalty Trust in Q3 2021 and has held it in 20 quarters since.
101 funds tracked by Wall St. Rank held Permian Basin Royalty Trust as of Q2 2026.

Based on Welch Group's 13F filing for Q2 2026, filed 23 Jul 2026.