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CRT

Cross Timbers Royalty Trust

43 hedge funds and large institutions have $16.3M invested in Cross Timbers Royalty Trust in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

5% more funds holding

Funds holding: 4143 (+2)

1.51% less ownership

Funds ownership: 9.71%8.21% (-1.5%)

10% less capital invested

Capital invested by funds: $18.2M → $16.3M (-$1.84M)

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

Holders
43
Holders Change
+2
Holders Change %
+4.88%
% of All Funds
1.24%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
8
Reduced
11
Closed
5
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
$2.49M -$99.2K -2,962 -4%
LCM
2
Lucas Capital Management
New Jersey
$1.84M -$1.48M -44,241 -44%
FBC
3
Fairfield, Bush & Co
Connecticut
$1.54M +$656K +19,586 +72%
Wells Fargo
4
Wells Fargo
California
$983K -$638K -19,055 -39%
Two Sigma Advisers
5
Two Sigma Advisers
New York
$889K +$131K +3,900 +17%
Two Sigma Investments
6
Two Sigma Investments
New York
$830K +$141K +4,210 +20%
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$707K
EIA
8
Edgemoor Investment Advisors
Maryland
$705K
MAA
9
Mraz Amerine & Associates
California
$620K -$6.7K -200 -1%
CCS
10
Crosspoint Capital Strategies
California
$549K
TAM
11
Tocqueville Asset Management
New York
$546K
Renaissance Technologies
12
Renaissance Technologies
New York
$540K +$10.2K +306 +2%
U
13
UBS
Switzerland
$386K -$50.3K -1,502 -11%
ANTB
14
AMG National Trust Bank
Colorado
$344K -$10.1K -303 -3%
Morgan Stanley
15
Morgan Stanley
New York
$306K +$36.1K +1,077 +13%
DLG
16
Daniel L. Goodwin
$304K
VKH
17
Virtu KCG Holdings
New York
$286K +$286K +8,548 New
Northern Trust
18
Northern Trust
Illinois
$255K
LWCFA
19
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$251K
PRHC
20
P.R. Herzig & Co
New York
$244K
GCP
21
GSA Capital Partners
United Kingdom
$237K +$238K +7,100 New
Luther King Capital Management (LKCM)
22
Luther King Capital Management (LKCM)
Texas
$222K
SWM
23
Segment Wealth Management
Texas
$210K +$213K +6,350 New
US Bancorp
24
US Bancorp
Minnesota
$191K -$1.01M -30,027 -84%
First Manhattan
25
First Manhattan
New York
$182K

CRT Hedge Fund Activity: Q2 2014 in Review

43 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q2 2014, worth a combined $16.3M — down 10% from $18.2M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new CRT positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 11 trimmed.

The largest buyer was Fairfield, Bush & Co, adding an estimated $656K. The largest seller was Lucas Capital Management, cutting an estimated $1.48M.

  • 43 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q2 2014, up from 41 in Q1 2014.
  • Funds reported $16.3M of Cross Timbers Royalty Trust stock for Q2 2014, down 10% quarter-over-quarter.
  • 7 funds opened new Cross Timbers Royalty Trust positions in Q2 2014 and 5 closed out, a net change of +2 holders.
  • The largest Cross Timbers Royalty Trust buyer in Q2 2014 was Fairfield, Bush & Co, an estimated $656K added.
  • The largest Cross Timbers Royalty Trust seller in Q2 2014 was Lucas Capital Management, an estimated $1.48M sold.

Based on aggregated 13F filings for Q2 2014.