Cross Timbers Royalty Trust
32 hedge funds and large institutions have $10M invested in Cross Timbers Royalty Trust in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 8 closing their positions.
1.5% less ownership
Funds ownership: 10.2% → 8.7% (-1.5%)
6% less capital invested
Capital invested by funds: $10.6M → $10M (-$627K)
14% less funds holding
Funds holding: 37 → 32 (-5)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$257K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$78.8K |
| 3 |
Morgan Stanley
New York
|
+$46K |
| 4 |
SCP
Syntal Capital Partners
Midland,
Texas
|
+$14.9K |
| 5 |
AIG
American International Group
New York
|
+$4.97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$478K |
| 2 |
Two Sigma Investments
New York
|
-$469K |
| 3 |
TAM
Tocqueville Asset Management
New York
|
-$260K |
| 4 |
Renaissance Technologies
New York
|
-$226K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$213K |
CRT Hedge Fund Activity: Q1 2015 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q1 2015, worth a combined $10M — down 5.9% from $10.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CRT and 4 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 7 added.
The largest buyer was Lucas Capital Management, adding an estimated $257K. The largest seller was Deutsche Bank, cutting an estimated $478K.
- 32 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q1 2015, down from 37 in Q4 2014.
- Funds reported $10M of Cross Timbers Royalty Trust stock for Q1 2015, down 5.9% quarter-over-quarter.
- 4 funds opened new Cross Timbers Royalty Trust positions in Q1 2015 and 8 closed out, a net change of -4 holders.
- The largest Cross Timbers Royalty Trust buyer in Q1 2015 was Lucas Capital Management, an estimated $257K added.
- The largest Cross Timbers Royalty Trust seller in Q1 2015 was Deutsche Bank, an estimated $478K sold.
Based on aggregated 13F filings for Q1 2015.