Cross Timbers Royalty Trust
26 hedge funds and large institutions have $8.47M invested in Cross Timbers Royalty Trust in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
1.56% less ownership
Funds ownership: 11.23% → 9.67% (-1.6%)
13% less funds holding
Funds holding: 30 → 26 (-4)
18% less capital invested
Capital invested by funds: $10.3M → $8.47M (-$1.85M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$288K |
| 2 |
Morgan Stanley
New York
|
+$256K |
| 3 |
SWM
Segment Wealth Management
Houston,
Texas
|
+$215K |
| 4 |
Renaissance Technologies
New York
|
+$190K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$2.15M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$421K |
| 3 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$38K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$34.1K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$30K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
26
Stephens Inc
Little Rock,
Arkansas
| – | -$421K | -27,469 | Closed |
|
|
AIM
27
Acrospire Investment Management
Chicago,
Illinois
| – | -$38K | -2,505 | Closed |
|
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$30K | -2,000 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$20K | -1,337 | Closed |
|
CRT Hedge Fund Activity: Q3 2017 in Review
26 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q3 2017, worth a combined $8.47M — down 18% from $10.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CRT and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Deutsche Bank, adding an estimated $288K. The largest seller was Lucas Capital Management, exiting entirely with an estimated $2.15M sold.
- 26 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q3 2017, down from 30 in Q2 2017.
- Funds reported $8.47M of Cross Timbers Royalty Trust stock for Q3 2017, down 18% quarter-over-quarter.
- 2 funds opened new Cross Timbers Royalty Trust positions in Q3 2017 and 5 closed out, a net change of -3 holders.
- The largest Cross Timbers Royalty Trust buyer in Q3 2017 was Deutsche Bank, an estimated $288K added.
- The largest Cross Timbers Royalty Trust seller in Q3 2017 was Lucas Capital Management, an estimated $2.15M sold.
Based on aggregated 13F filings for Q3 2017.