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CRT

Cross Timbers Royalty Trust

23 hedge funds and large institutions have $6M invested in Cross Timbers Royalty Trust in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 2323 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

0.76% less ownership

Funds ownership: 9.83%9.07% (-0.76%)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

31% less capital invested

Capital invested by funds: $8.71M → $6M (-$2.71M)

Holders
23
Holders Change
Holders Change %
0%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
4
Reduced
5
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.62M
MAA
2
Mraz Amerine & Associates
California
$1.43M +$111K +7,804 +6%
RA
3
Royce & Associates
New York
$755K
Bank of America
4
Bank of America
North Carolina
$362K
LTFS
5
Ladenburg Thalmann Financial Services
Florida
$261K -$25.3K -1,773 -7%
Morgan Stanley
6
Morgan Stanley
New York
$245K +$190K +13,305 +145%
Deutsche Bank
7
Deutsche Bank
Germany
$241K -$557K -39,060 -64%
Renaissance Technologies
8
Renaissance Technologies
New York
$241K -$81.7K -5,736 -21%
California Public Employees Retirement System
9
California Public Employees Retirement System
California
$233K
Baird Financial Group
10
Baird Financial Group
Wisconsin
$218K +$43 +3 +0%
UBS Group
11
UBS Group
Switzerland
$157K +$23.3K +1,638 +13%
FBC
12
Fairfield, Bush & Co
Connecticut
$115K -$3.32K -233 -2%
Marshall Wace
13
Marshall Wace
United Kingdom
$67K +$85.1K +5,976 New
MWNA
14
Marshall Wace North America
New York
$31K +$40.5K +2,843 New
First Manhattan
15
First Manhattan
New York
$10K
AG
16
Advisor Group
Arizona
$9K
Wells Fargo
17
Wells Fargo
California
$6K -$2.14K -150 -20%
CIAS
18
Capital Investment Advisory Services
North Carolina
$6K +$7.58K +532 New
GWM
19
Geneos Wealth Management
Colorado
$2K
HT
20
Heritage Trust
Oklahoma
$2K
SWM
21
Segment Wealth Management
Texas
-$207K -14,000 Closed
LPL Financial
22
LPL Financial
California
-$161K -10,905 Closed
PAMG
23
Patton Albertson Miller Group
Tennessee
-$83K -5,500 Closed
US Bancorp
24
US Bancorp
Minnesota
-$3K -175 Closed
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
+$28 +2 New

CRT Hedge Fund Activity: Q4 2018 in Review

23 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q4 2018, worth a combined $6M — down 31% from $8.71M a quarter earlier.

Fund positioning in CRT was balanced in Q4 2018: 4 funds opened new positions, 4 closed out, 4 added to existing stakes and 5 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $190K. The largest seller was Deutsche Bank, cutting an estimated $557K.

  • 23 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $6M of Cross Timbers Royalty Trust stock for Q4 2018, down 31% quarter-over-quarter.
  • 4 funds opened new Cross Timbers Royalty Trust positions in Q4 2018 and 4 closed out, a net change of 0 holders.
  • The largest Cross Timbers Royalty Trust buyer in Q4 2018 was Morgan Stanley, an estimated $190K added.
  • The largest Cross Timbers Royalty Trust seller in Q4 2018 was Deutsche Bank, an estimated $557K sold.

Based on aggregated 13F filings for Q4 2018.