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CRT

Cross Timbers Royalty Trust

32 hedge funds and large institutions have $10.5M invested in Cross Timbers Royalty Trust in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 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

28% more capital invested

Capital invested by funds: $8.21M → $10.5M (+$2.29M)

3% more funds holding

Funds holding: 3132 (+1)

0.66% more ownership

Funds ownership: 9%9.66% (+0.66%)

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

Holders
32
Holders Change
+1
Holders Change %
+3.23%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
6
Reduced
7
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
1
Lucas Capital Management
New Jersey
$2.21M +$549K +33,333 +38%
CCM
2
CrestPoint Capital Management
Missouri
$2M
RA
3
Royce & Associates
New York
$1.23M
MAA
4
Mraz Amerine & Associates
California
$814K
California Public Employees Retirement System
5
California Public Employees Retirement System
California
$720K +$307K +18,600 +88%
Bank of America
6
Bank of America
North Carolina
$701K -$32.9K -1,999 -5%
Wells Fargo
7
Wells Fargo
California
$477K -$29.5K -1,792 -6%
SI
8
Stephens Inc
Arkansas
$345K +$102K +6,210 +48%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$285K
FBC
10
Fairfield, Bush & Co
Connecticut
$282K -$16.5K -1,000 -6%
UBS Group
11
UBS Group
Switzerland
$278K +$37.9K +2,301 +18%
Two Sigma Advisers
12
Two Sigma Advisers
New York
$268K -$44.5K -2,700 -15%
EIA
13
Edgemoor Investment Advisors
Maryland
$263K
CCS
14
Crosspoint Capital Strategies
California
$116K
Deutsche Bank
15
Deutsche Bank
Germany
$114K +$104K +6,300 New
Morgan Stanley
16
Morgan Stanley
New York
$98K -$90.5K -5,491 -50%
JP Morgan Chase
17
JP Morgan Chase
New York
$62K +$44.5K +2,700 +386%
AG
18
Advisor Group
Arizona
$43K +$39.1K +2,374 New
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$36K
BIM
20
BlackRock Investment Management
Delaware
$34K +$31.3K +1,900 New
IA
21
IFP Advisors
Florida
$27K +$24.9K +1,509 New
Walleye Trading
22
Walleye Trading
New York
$22K +$19.8K +1,200 New
Creative Planning
23
Creative Planning
Kansas
$20K +$181 +11 +1%
First Manhattan
24
First Manhattan
New York
$18K
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$18K

CRT Hedge Fund Activity: Q2 2016 in Review

32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q2 2016, worth a combined $10.5M — up 28% from $8.21M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new CRT positions and 5 closed out — a net gain of 2 holders — while 6 added to existing stakes and 7 trimmed.

The largest buyer was Lucas Capital Management, adding an estimated $549K. The largest seller was Sterling Capital Management, exiting entirely with an estimated $265K sold.

  • 32 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q2 2016, up from 31 in Q1 2016.
  • Funds reported $10.5M of Cross Timbers Royalty Trust stock for Q2 2016, up 28% quarter-over-quarter.
  • 7 funds opened new Cross Timbers Royalty Trust positions in Q2 2016 and 5 closed out, a net change of +2 holders.
  • The largest Cross Timbers Royalty Trust buyer in Q2 2016 was Lucas Capital Management, an estimated $549K added.
  • The largest Cross Timbers Royalty Trust seller in Q2 2016 was Sterling Capital Management, an estimated $265K sold.

Based on aggregated 13F filings for Q2 2016.