BP Prudhoe Bay Royalty Trust
BPT was delisted on the 30th of June, 2025.
54 hedge funds and large institutions have $3.37M invested in BP Prudhoe Bay Royalty Trust in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
15% more funds holding
Funds holding: 47 → 54 (+7)
0.79% more ownership
Funds ownership: 5.6% → 6.38% (+0.79%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
61% less capital invested
Capital invested by funds: $8.53M → $3.37M (-$5.16M)
70% less call options, than puts
Call options by funds: $380K | Put options by funds: $1.26M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$741K |
| 2 |
HHGC
Hunting Hill Global Capital
New York
|
+$470K |
| 3 |
Two Sigma Investments
New York
|
+$468K |
| 4 |
SG
StoneX Group
New York
|
+$158K |
| 5 |
Two Sigma Advisers
New York
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
-$1.57M |
| 2 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$403K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$278K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$116K |
| 5 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$70K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFA
51
DHJJ Financial Advisors
Naperville,
Illinois
| $62 | – | – | – |
|
|
CIA
52
Cape Investment Advisory
Mcdonough,
Georgia
| $40 | – | – | – |
|
53
Fidelity Investments
Boston,
Massachusetts
| $2 | +$4 | +1 | New |
|
|
CGIC
54
Continental General Insurance Company
Austin,
Texas
| – | -$1.57M | -221,148 | Closed |
|
|
FAM
55
Formidable Asset Management
Cincinnati,
Ohio
| – | -$403K | -56,343 | Closed |
|
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$278K | -39,069 | Closed |
|
57
RhumbLine Advisers
Boston,
Massachusetts
| – | -$7.87K | -1,100 | Closed |
|
|
CFB
58
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$6.4K | -895 | Closed |
|
|
SCA
59
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$3.58K | -500 | Closed |
|
60
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$467 | -115 | -65% |
|
BPT Hedge Fund Activity: Q4 2023 in Review
54 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BP Prudhoe Bay Royalty Trust (BPT) for Q4 2023, worth a combined $3.37M — down 61% from $8.53M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BPT positions and 6 closed out — a net gain of 7 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $741K. The largest seller was Continental General Insurance Company, exiting entirely with an estimated $1.57M sold.
- 54 institutional investors held BP Prudhoe Bay Royalty Trust (BPT) as of Q4 2023, up from 47 in Q3 2023.
- Funds reported $3.37M of BP Prudhoe Bay Royalty Trust stock for Q4 2023, down 61% quarter-over-quarter.
- 13 funds opened new BP Prudhoe Bay Royalty Trust positions in Q4 2023 and 6 closed out, a net change of +7 holders.
- The largest BP Prudhoe Bay Royalty Trust buyer in Q4 2023 was Morgan Stanley, an estimated $741K added.
- The largest BP Prudhoe Bay Royalty Trust seller in Q4 2023 was Continental General Insurance Company, an estimated $1.57M sold.
Based on aggregated 13F filings for Q4 2023.