Cross Timbers Royalty Trust
27 hedge funds and large institutions have $9.7M invested in Cross Timbers Royalty Trust in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
1.44% less ownership
Funds ownership: 10.13% → 8.69% (-1.4%)
4% less funds holding
Funds holding: 28 → 27 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
37% less capital invested
Capital invested by funds: $15.5M → $9.7M (-$5.76M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$275K |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
+$65.5K |
| 3 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$56K |
| 4 |
LPL Financial
San Diego,
California
|
+$48.5K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$861K |
| 2 |
Morgan Stanley
New York
|
-$448K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$343K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$254K |
| 5 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
-$215K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APC
26
Aspire Private Capital
Cornelius,
North Carolina
| $111 | +$133 | +6 | New |
|
|
GRP
27
Global Retirement Partners
San Rafael,
California
| $20 | -$977 | -44 | -98% |
|
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$343K | -13,468 | Closed |
|
|
BPA
29
Beacon Pointe Advisors
Newport Beach,
California
| – | -$254K | -10,000 | Closed |
|
30
BNP Paribas Financial Markets
Paris,
France
| – | -$160K | -6,280 | Closed |
|
|
DWA
31
Dorsey Wright & Associates
Pasadena,
California
| – | -$34.3K | -1,347 | Closed |
|
32
Fidelity Investments
Boston,
Massachusetts
| – | -$25 | -1 | Closed |
|
CRT Hedge Fund Activity: Q1 2023 in Review
27 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q1 2023, worth a combined $9.7M — down 37% from $15.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CRT and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 9 added.
The largest buyer was Citadel Advisors, adding an estimated $275K. The largest seller was Essex Financial Services, cutting an estimated $861K.
- 27 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q1 2023, down from 28 in Q4 2022.
- Funds reported $9.7M of Cross Timbers Royalty Trust stock for Q1 2023, down 37% quarter-over-quarter.
- 4 funds opened new Cross Timbers Royalty Trust positions in Q1 2023 and 5 closed out, a net change of -1 holder.
- The largest Cross Timbers Royalty Trust buyer in Q1 2023 was Citadel Advisors, an estimated $275K added.
- The largest Cross Timbers Royalty Trust seller in Q1 2023 was Essex Financial Services, an estimated $861K sold.
Based on aggregated 13F filings for Q1 2023.