BP Prudhoe Bay Royalty Trust
BPT was delisted on the 30th of June, 2025.
57 hedge funds and large institutions have $7.91M invested in BP Prudhoe Bay Royalty Trust in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 18 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
0.67% less ownership
Funds ownership: 5.56% → 4.9% (-0.67%)
19% less funds holding
Funds holding: 70 → 57 (-13)
42% less capital invested
Capital invested by funds: $13.7M → $7.91M (-$5.79M)
44% less call options, than puts
Call options by funds: $3.04M | Put options by funds: $5.39M
61% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$620K |
| 2 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
+$610K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$370K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$169K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
-$853K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$368K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$335K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$310K |
| 5 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$293K |
BPT Hedge Fund Activity: Q1 2023 in Review
57 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BP Prudhoe Bay Royalty Trust (BPT) for Q1 2023, worth a combined $7.91M — down 42% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BPT and 7 opened new positions — a net loss of 11 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $620K. The largest seller was Voloridge Investment Management, cutting an estimated $853K.
- 57 institutional investors held BP Prudhoe Bay Royalty Trust (BPT) as of Q1 2023, down from 70 in Q4 2022.
- Funds reported $7.91M of BP Prudhoe Bay Royalty Trust stock for Q1 2023, down 42% quarter-over-quarter.
- 7 funds opened new BP Prudhoe Bay Royalty Trust positions in Q1 2023 and 18 closed out, a net change of -11 holders.
- The largest BP Prudhoe Bay Royalty Trust buyer in Q1 2023 was Morgan Stanley, an estimated $620K added.
- The largest BP Prudhoe Bay Royalty Trust seller in Q1 2023 was Voloridge Investment Management, an estimated $853K sold.
Based on aggregated 13F filings for Q1 2023.