Cross Timbers Royalty Trust
32 hedge funds and large institutions have $10.5M invested in Cross Timbers Royalty Trust in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
28% more capital invested
Capital invested by funds: $8.21M → $10.5M (+$2.29M)
3% more funds holding
Funds holding: 31 → 32 (+1)
0.66% more ownership
Funds ownership: 9% → 9.66% (+0.66%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$549K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$307K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$104K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$102K |
| 5 |
JP Morgan Chase
New York
|
+$44.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$265K |
| 2 |
Morgan Stanley
New York
|
-$90.5K |
| 3 |
AF
Arrow Financial
Glens Falls,
New York
|
-$46K |
| 4 |
Two Sigma Advisers
New York
|
-$44.5K |
| 5 |
AIG
American International Group
New York
|
-$36K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $13K | -$626 | -38 | -5% |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $13K | +$11.9K | +724 | New |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $6K | -$1.27K | -77 | -18% |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
|
CGT
30
Capital Guardian Trust
Los Angeles,
California
| $2K | +$1.45K | +88 | New |
|
|
SCM
31
Sterling Capital Management
Charlotte,
North Carolina
| – | -$265K | -17,411 | Closed |
|
|
AF
32
Arrow Financial
Glens Falls,
New York
| – | -$46K | -3,000 | Closed |
|
|
AIG
33
American International Group
New York
| – | -$36K | -2,374 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$15K | -1,000 | Closed |
|
35
Citigroup
New York
| – | -$5K | -324 | Closed |
|
CRT Hedge Fund Activity: Q2 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q2 2016, worth a combined $10.5M — up 28% from $8.21M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CRT positions and 5 closed out — a net gain of 2 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Lucas Capital Management, adding an estimated $549K. The largest seller was Sterling Capital Management, exiting entirely with an estimated $265K sold.
- 32 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q2 2016, up from 31 in Q1 2016.
- Funds reported $10.5M of Cross Timbers Royalty Trust stock for Q2 2016, up 28% quarter-over-quarter.
- 7 funds opened new Cross Timbers Royalty Trust positions in Q2 2016 and 5 closed out, a net change of +2 holders.
- The largest Cross Timbers Royalty Trust buyer in Q2 2016 was Lucas Capital Management, an estimated $549K added.
- The largest Cross Timbers Royalty Trust seller in Q2 2016 was Sterling Capital Management, an estimated $265K sold.
Based on aggregated 13F filings for Q2 2016.