Cross Timbers Royalty Trust
30 hedge funds and large institutions have $10.3M invested in Cross Timbers Royalty Trust in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0% less capital invested
Capital invested by funds: $10.3M → $10.3M (-$19K)
0.44% less ownership
Funds ownership: 11.66% → 11.23% (-0.44%)
6% less funds holding
Funds holding: 32 → 30 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$400K |
| 2 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$113K |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$33.9K |
| 4 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$25.3K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$15.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$300K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$234K |
| 3 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
-$170K |
| 4 |
Renaissance Technologies
New York
|
-$159K |
| 5 |
JP Morgan Chase
New York
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HT
26
Heritage Trust
Oklahoma City,
Oklahoma
| $2K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $1K | -$620 | -40 | -40% |
|
|
CBT
28
Capital Bank & Trust
Irvine,
California
| $1K | +$1.36K | +88 | New |
|
|
EIA
29
Edgemoor Investment Advisors
Bethesda,
Maryland
| – | -$170K | -11,630 | Closed |
|
|
30
JP Morgan Chase
New York
| – | -$109K | -7,469 | Closed |
|
|
CGT
31
Capital Guardian Trust
Los Angeles,
California
| – | -$1K | -88 | Closed |
|
CRT Hedge Fund Activity: Q2 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q2 2017, worth a combined $10.3M — down 0.18% from $10.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CRT and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $400K. The largest seller was Morgan Stanley, cutting an estimated $300K.
- 30 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q2 2017, down from 32 in Q1 2017.
- Funds reported $10.3M of Cross Timbers Royalty Trust stock for Q2 2017, down 0.18% quarter-over-quarter.
- 1 fund opened new Cross Timbers Royalty Trust positions in Q2 2017 and 3 closed out, a net change of -2 holders.
- The largest Cross Timbers Royalty Trust buyer in Q2 2017 was Ladenburg Thalmann Financial Services, an estimated $400K added.
- The largest Cross Timbers Royalty Trust seller in Q2 2017 was Morgan Stanley, an estimated $300K sold.
Based on aggregated 13F filings for Q2 2017.