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CRT

Cross Timbers Royalty Trust

36 hedge funds and large institutions have $19M invested in Cross Timbers Royalty Trust in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.11% less ownership

Funds ownership: 10.88%10.77% (-0.11%)

1% less capital invested

Capital invested by funds: $19.1M → $19M (-$116K)

8% less funds holding

Funds holding: 3936 (-3)

13% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 8

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
36
Holders Change
-3
Holders Change %
-7.69%
% of All Funds
1.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
7
Reduced
8
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$5.17M +$59 +2 +0%
LCM
2
Lucas Capital Management
New Jersey
$3.42M +$66.5K +2,250 +2%
Wells Fargo
3
Wells Fargo
California
$1.43M +$334K +11,313 +30%
FBC
4
Fairfield, Bush & Co
Connecticut
$794K -$599K -20,252 -43%
Two Sigma Advisers
5
Two Sigma Advisers
New York
$684K -$166K -5,600 -19%
ICM
6
IMS Capital Management
Oregon
$661K +$662K +22,400 New
Two Sigma Investments
7
Two Sigma Investments
New York
$641K
California Public Employees Retirement System
8
California Public Employees Retirement System
California
$629K
EIA
9
Edgemoor Investment Advisors
Maryland
$626K
DC
10
Deere & Company
Illinois
$590K
CCS
11
Crosspoint Capital Strategies
California
$507K +$499K +16,885 New
TAM
12
Tocqueville Asset Management
New York
$485K +$44.3K +1,500 +10%
MAA
13
Mraz Amerine & Associates
California
$421K +$207K +7,000 +96%
Morgan Stanley
14
Morgan Stanley
New York
$387K -$224K -7,578 -36%
U
15
UBS
Switzerland
$373K +$11.4K +384 +3%
ANTB
16
AMG National Trust Bank
Colorado
$317K -$17.5K -591 -5%
DLG
17
Daniel L. Goodwin
$269K -$94.6K -3,200 -26%
Renaissance Technologies
18
Renaissance Technologies
New York
$265K -$133K -4,500 -33%
VKH
19
Virtu KCG Holdings
New York
$263K +$264K +8,918 New
LWCFA
20
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$223K
PRHC
21
P.R. Herzig & Co
New York
$217K
First Manhattan
22
First Manhattan
New York
$161K
Barclays
23
Barclays
United Kingdom
$149K -$65.3K -2,210 -30%
Bessemer Group
24
Bessemer Group
New Jersey
$59K +$59.1K +2,000 New
RNS
25
Robert N. Shapiro
$53K

CRT Hedge Fund Activity: Q4 2013 in Review

36 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q4 2013, worth a combined $19M — down 0.61% from $19.1M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of CRT and 5 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 7 added.

The largest buyer was IMS Capital Management, opening a new position worth an estimated $662K. The largest seller was Fairfield, Bush & Co, cutting an estimated $599K.

  • 36 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q4 2013, down from 39 in Q3 2013.
  • Funds reported $19M of Cross Timbers Royalty Trust stock for Q4 2013, down 0.61% quarter-over-quarter.
  • 5 funds opened new Cross Timbers Royalty Trust positions in Q4 2013 and 8 closed out, a net change of -3 holders.
  • The largest Cross Timbers Royalty Trust buyer in Q4 2013 was IMS Capital Management, an estimated $662K added.
  • The largest Cross Timbers Royalty Trust seller in Q4 2013 was Fairfield, Bush & Co, an estimated $599K sold.

Based on aggregated 13F filings for Q4 2013.