BP Prudhoe Bay Royalty Trust
BPT was delisted on the 30th of June, 2025.
47 hedge funds and large institutions have $8.53M invested in BP Prudhoe Bay Royalty Trust in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 12 closing their positions.
75% more capital invested
Capital invested by funds: $4.89M → $8.53M (+$3.65M)
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0.58% more ownership
Funds ownership: 5.01% → 5.6% (+0.58%)
11% less funds holding
Funds holding: 53 → 47 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
52% less call options, than puts
Call options by funds: $1.83M | Put options by funds: $3.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$358K |
| 2 |
OC
Oppenheimer & Co
New York
|
+$322K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$248K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$79.1K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$52.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$122K |
| 2 |
Two Sigma Advisers
New York
|
-$67K |
| 3 |
Morgan Stanley
New York
|
-$33.2K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$31.1K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$27K |
BPT Hedge Fund Activity: Q3 2023 in Review
47 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in BP Prudhoe Bay Royalty Trust (BPT) for Q3 2023, worth a combined $8.53M — up 75% from $4.89M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BPT and 6 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Formidable Asset Management, opening a new position worth an estimated $358K. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $122K sold.
- 47 institutional investors held BP Prudhoe Bay Royalty Trust (BPT) as of Q3 2023, down from 53 in Q2 2023.
- Funds reported $8.53M of BP Prudhoe Bay Royalty Trust stock for Q3 2023, up 75% quarter-over-quarter.
- 6 funds opened new BP Prudhoe Bay Royalty Trust positions in Q3 2023 and 12 closed out, a net change of -6 holders.
- The largest BP Prudhoe Bay Royalty Trust buyer in Q3 2023 was Formidable Asset Management, an estimated $358K added.
- The largest BP Prudhoe Bay Royalty Trust seller in Q3 2023 was BNP Paribas Financial Markets, an estimated $122K sold.
Based on aggregated 13F filings for Q3 2023.