Cross Timbers Royalty Trust
41 hedge funds and large institutions have $18.2M invested in Cross Timbers Royalty Trust in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
14% more funds holding
Funds holding: 36 → 41 (+5)
4% less capital invested
Capital invested by funds: $19M → $18.2M (-$847K)
1.05% less ownership
Funds ownership: 10.77% → 9.71% (-1.1%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$1.09M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$234K |
| 3 |
Renaissance Technologies
New York
|
+$212K |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$204K |
| 5 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.96M |
| 2 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$501K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$263K |
| 4 |
Morgan Stanley
New York
|
-$153K |
| 5 |
DC
Deere & Company
Moline,
Illinois
|
-$125K |
CRT Hedge Fund Activity: Q1 2014 in Review
41 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q1 2014, worth a combined $18.2M — down 4.5% from $19M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CRT positions and 5 closed out — a net gain of 5 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was US Bancorp, adding an estimated $1.09M. The largest seller was Bank of America, cutting an estimated $2.96M.
- 41 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q1 2014, up from 36 in Q4 2013.
- Funds reported $18.2M of Cross Timbers Royalty Trust stock for Q1 2014, down 4.5% quarter-over-quarter.
- 10 funds opened new Cross Timbers Royalty Trust positions in Q1 2014 and 5 closed out, a net change of +5 holders.
- The largest Cross Timbers Royalty Trust buyer in Q1 2014 was US Bancorp, an estimated $1.09M added.
- The largest Cross Timbers Royalty Trust seller in Q1 2014 was Bank of America, an estimated $2.96M sold.
Based on aggregated 13F filings for Q1 2014.