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CRT

Cross Timbers Royalty Trust

37 hedge funds and large institutions have $10.6M invested in Cross Timbers Royalty Trust in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

2.35% more ownership

Funds ownership: 7.85%10.2% (+2.3%)

0% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 9

3% less funds holding

Funds holding: 3837 (-1)

29% less capital invested

Capital invested by funds: $15M → $10.6M (-$4.36M)

Holders
37
Holders Change
-1
Holders Change %
-2.63%
% of All Funds
0.99%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
9
Reduced
9
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
1
CrestPoint Capital Management
Missouri
$1.91M +$2.75M +110,067 New
Bank of America
2
Bank of America
North Carolina
$1.13M +$107K +4,300 +7%
LCM
3
Lucas Capital Management
New Jersey
$1.11M +$292K +11,692 +22%
Wells Fargo
4
Wells Fargo
California
$846K -$144K -5,747 -11%
FBC
5
Fairfield, Bush & Co
Connecticut
$796K -$57.7K -2,308 -5%
MAA
6
Mraz Amerine & Associates
California
$698K +$395K +15,800 +65%
Two Sigma Investments
7
Two Sigma Investments
New York
$647K +$356K +14,244 +62%
Two Sigma Advisers
8
Two Sigma Advisers
New York
$504K +$42.5K +1,700 +6%
Deutsche Bank
9
Deutsche Bank
Germany
$442K +$639K +25,570 New
California Public Employees Retirement System
10
California Public Employees Retirement System
California
$407K
EIA
11
Edgemoor Investment Advisors
Maryland
$359K -$19.4K -775 -4%
CCS
12
Crosspoint Capital Strategies
California
$289K
TAM
13
Tocqueville Asset Management
New York
$260K -$37.5K -1,500 -9%
Renaissance Technologies
14
Renaissance Technologies
New York
$226K -$35.7K -1,430 -10%
UBS Group
15
UBS Group
Switzerland
$208K +$300K +11,998 New
Millennium Management
16
Millennium Management
New York
$175K +$253K +10,116 New
Morgan Stanley
17
Morgan Stanley
New York
$130K -$88.1K -3,524 -32%
LWCFA
18
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$124K -$11.2K -450 -6%
First Manhattan
19
First Manhattan
New York
$69K
SCM
20
Seamans Capital Management
Massachusetts
$56K
Creative Planning
21
Creative Planning
Kansas
$41K +$28.1K +1,125 +89%
AIG
22
American International Group
New York
$34K -$150 -6 -0.3%
RNS
23
Robert N. Shapiro
$31K
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$30K
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$25K +$3.38K +135 +11%

CRT Hedge Fund Activity: Q4 2014 in Review

37 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q4 2014, worth a combined $10.6M — down 29% from $15M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new CRT positions and 8 closed out — a net gain of 1 holder — while 9 added to existing stakes and 9 trimmed.

The largest buyer was CrestPoint Capital Management, opening a new position worth an estimated $2.75M. The largest seller was Daniel L. Goodwin, exiting entirely with an estimated $292K sold.

  • 37 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q4 2014, down from 38 in Q3 2014.
  • Funds reported $10.6M of Cross Timbers Royalty Trust stock for Q4 2014, down 29% quarter-over-quarter.
  • 9 funds opened new Cross Timbers Royalty Trust positions in Q4 2014 and 8 closed out, a net change of +1 holder.
  • The largest Cross Timbers Royalty Trust buyer in Q4 2014 was CrestPoint Capital Management, an estimated $2.75M added.
  • The largest Cross Timbers Royalty Trust seller in Q4 2014 was Daniel L. Goodwin, an estimated $292K sold.

Based on aggregated 13F filings for Q4 2014.