Cross Timbers Royalty Trust
36 hedge funds and large institutions have $12.3M invested in Cross Timbers Royalty Trust in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
16% more capital invested
Capital invested by funds: $10.5M → $12.3M (+$1.72M)
13% more funds holding
Funds holding: 32 → 36 (+4)
1.74% more ownership
Funds ownership: 9.63% → 11.37% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$617K |
| 2 |
Renaissance Technologies
New York
|
+$539K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$413K |
| 4 |
Morgan Stanley
New York
|
+$364K |
| 5 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
-$339K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$63K |
| 3 |
Two Sigma Advisers
New York
|
-$21.6K |
| 4 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
-$11.7K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$6.77K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EA
26
Edge Advisors
Atlanta,
Georgia
| $17K | +$18K | +1,000 | New |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $13K | +$13K | +724 | New |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $5K | -$6.77K | -376 | -58% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $4K | -$5.09K | -283 | -59% |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
|
CGT
31
Capital Guardian Trust
Los Angeles,
California
| $2K | – | – | – |
|
|
CHP
32
Cable Hill Partners
Portland,
Oregon
| $1K | – | – | – |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -200 | Closed |
|
34
Barclays
London,
United Kingdom
| – | +$54 | +3 | New |
|
CRT Hedge Fund Activity: Q4 2016 in Review
36 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q4 2016, worth a combined $12.3M — up 16% from $10.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CRT positions and 1 closed out — a net gain of 4 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $617K. The largest seller was California Public Employees Retirement System, cutting an estimated $339K.
- 36 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q4 2016, up from 32 in Q3 2016.
- Funds reported $12.3M of Cross Timbers Royalty Trust stock for Q4 2016, up 16% quarter-over-quarter.
- 5 funds opened new Cross Timbers Royalty Trust positions in Q4 2016 and 1 closed out, a net change of +4 holders.
- The largest Cross Timbers Royalty Trust buyer in Q4 2016 was Fidelity Investments, an estimated $617K added.
- The largest Cross Timbers Royalty Trust seller in Q4 2016 was California Public Employees Retirement System, an estimated $339K sold.
Based on aggregated 13F filings for Q4 2016.