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CRT

Cross Timbers Royalty Trust

36 hedge funds and large institutions have $12.3M invested in Cross Timbers Royalty Trust in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

16% more capital invested

Capital invested by funds: $10.5M → $12.3M (+$1.72M)

13% more funds holding

Funds holding: 3236 (+4)

1.74% more ownership

Funds ownership: 9.63%11.37% (+1.7%)

Holders
36
Holders Change
+4
Holders Change %
+12.5%
% of All Funds
0.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
11
Reduced
7
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
1
Lucas Capital Management
New Jersey
$2.25M +$57.8K +3,212 +3%
CCM
2
CrestPoint Capital Management
Missouri
$1.98M
RA
3
Royce & Associates
New York
$1.22M
MAA
4
Mraz Amerine & Associates
California
$935K +$129K +7,146 +16%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$899K +$617K +34,300 +218%
Bank of America
6
Bank of America
North Carolina
$631K -$63K -3,501 -9%
Deutsche Bank
7
Deutsche Bank
Germany
$538K +$413K +22,950 +328%
Renaissance Technologies
8
Renaissance Technologies
New York
$538K +$539K +29,950 New
Wells Fargo
9
Wells Fargo
California
$533K +$20.1K +1,116 +4%
Morgan Stanley
10
Morgan Stanley
New York
$454K +$364K +20,250 +407%
SI
11
Stephens Inc
Arkansas
$430K +$2.5K +139 +0.6%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$376K -$339K -18,822 -47%
FBC
13
Fairfield, Bush & Co
Connecticut
$256K -$6.48K -360 -2%
UBS Group
14
UBS Group
Switzerland
$255K +$7.63K +424 +3%
EIA
15
Edgemoor Investment Advisors
Maryland
$209K -$11.7K -650 -5%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$194K -$21.6K -1,200 -10%
JP Morgan Chase
17
JP Morgan Chase
New York
$144K +$54.4K +3,022 +61%
CCS
18
Crosspoint Capital Strategies
California
$115K
AIM
19
Acrospire Investment Management
Illinois
$104K +$104K +5,769 New
AG
20
Advisor Group
Arizona
$43K
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$36K
IA
22
IFP Advisors
Florida
$27K
Creative Planning
23
Creative Planning
Kansas
$24K +$270 +15 +1%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$18K +$36 +2 +0.2%
First Manhattan
25
First Manhattan
New York
$17K

CRT Hedge Fund Activity: Q4 2016 in Review

36 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q4 2016, worth a combined $12.3M — up 16% from $10.5M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new CRT positions and 1 closed out — a net gain of 4 holders — while 11 added to existing stakes and 7 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $617K. The largest seller was California Public Employees Retirement System, cutting an estimated $339K.

  • 36 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q4 2016, up from 32 in Q3 2016.
  • Funds reported $12.3M of Cross Timbers Royalty Trust stock for Q4 2016, up 16% quarter-over-quarter.
  • 5 funds opened new Cross Timbers Royalty Trust positions in Q4 2016 and 1 closed out, a net change of +4 holders.
  • The largest Cross Timbers Royalty Trust buyer in Q4 2016 was Fidelity Investments, an estimated $617K added.
  • The largest Cross Timbers Royalty Trust seller in Q4 2016 was California Public Employees Retirement System, an estimated $339K sold.

Based on aggregated 13F filings for Q4 2016.