Cross Timbers Royalty Trust
25 hedge funds and large institutions have $12.3M invested in Cross Timbers Royalty Trust in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 6 closing their positions.
26% more capital invested
Capital invested by funds: $9.7M → $12.3M (+$2.55M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.59% more ownership
Funds ownership: 8.69% → 9.29% (+0.59%)
7% less funds holding
Funds holding: 27 → 25 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.53M |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
+$21.5K |
| 3 |
Morgan Stanley
New York
|
+$21.4K |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$13.5K |
| 5 |
FBC
Fairfield, Bush & Co
Darien,
Connecticut
|
+$9.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$399K |
| 2 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$204K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$56.8K |
| 4 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$47.1K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$23.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EFS
26
Essex Financial Services
Essex,
Connecticut
| – | -$204K | -10,903 | Closed |
|
|
LTI
27
Laffer Tengler Investments
Nashville,
Tennessee
| – | -$47.1K | -2,521 | Closed |
|
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$23.6K | -1,261 | Closed |
|
|
HI
29
Harbour Investments
Madison,
Wisconsin
| – | -$22.4K | -1,200 | Closed |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| – | -$5.85K | -313 | Closed |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$449 | -24 | Closed |
|
CRT Hedge Fund Activity: Q2 2023 in Review
25 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q2 2023, worth a combined $12.3M — up 26% from $9.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CRT and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Beacon Pointe Advisors, opening a new position worth an estimated $1.53M. The largest seller was NewEdge Advisors, cutting an estimated $399K.
- 25 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q2 2023, down from 27 in Q1 2023.
- Funds reported $12.3M of Cross Timbers Royalty Trust stock for Q2 2023, up 26% quarter-over-quarter.
- 4 funds opened new Cross Timbers Royalty Trust positions in Q2 2023 and 6 closed out, a net change of -2 holders.
- The largest Cross Timbers Royalty Trust buyer in Q2 2023 was Beacon Pointe Advisors, an estimated $1.53M added.
- The largest Cross Timbers Royalty Trust seller in Q2 2023 was NewEdge Advisors, an estimated $399K sold.
Based on aggregated 13F filings for Q2 2023.