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CRT

Cross Timbers Royalty Trust

21 hedge funds and large institutions have $6.2M invested in Cross Timbers Royalty Trust in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $6M → $6.2M (+$199K)

0.03% less ownership

Funds ownership: 9.07%9.05% (-0.03%)

9% less funds holding

Funds holding: 2321 (-2)

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Holders
21
Holders Change
-2
Holders Change %
-8.7%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
4
Reduced
6
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.66M
MAA
2
Mraz Amerine & Associates
California
$1.49M -$1.16K -97 -0.1%
RA
3
Royce & Associates
New York
$774K
Morgan Stanley
4
Morgan Stanley
New York
$418K +$168K +13,962 +62%
Bank of America
5
Bank of America
North Carolina
$341K -$40.1K -3,341 -10%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$266K -$1.04K -87 -0.4%
Deutsche Bank
7
Deutsche Bank
Germany
$240K -$13.4K -1,120 -5%
Renaissance Technologies
8
Renaissance Technologies
New York
$240K -$13.4K -1,120 -5%
California Public Employees Retirement System
9
California Public Employees Retirement System
California
$239K
Wells Fargo
10
Wells Fargo
California
$194K +$196K +16,341 +2,770%
UBS Group
11
UBS Group
Switzerland
$151K -$14.9K -1,244 -9%
FBC
12
Fairfield, Bush & Co
Connecticut
$120K
GWM
13
Geneos Wealth Management
Colorado
$24K +$23.2K +1,930 +811%
SIS
14
Sound Income Strategies
Florida
$14K +$14.2K +1,187 New
First Manhattan
15
First Manhattan
New York
$11K
JP Morgan Chase
16
JP Morgan Chase
New York
$10K +$10.8K +900 New
AG
17
Advisor Group
Arizona
$9K
CIAS
18
Capital Investment Advisory Services
North Carolina
$6K +$48 +4 +0.8%
TRCT
19
Tower Research Capital (TRC)
New York
$1K +$936 +78 New
Baird Financial Group
20
Baird Financial Group
Wisconsin
-$218K -20,003 Closed
Marshall Wace
21
Marshall Wace
United Kingdom
-$67K -5,976 Closed
MWNA
22
Marshall Wace North America
New York
-$31K -2,843 Closed
HT
23
Heritage Trust
Oklahoma
-$2K -160 Closed

CRT Hedge Fund Activity: Q1 2019 in Review

21 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q1 2019, worth a combined $6.2M — up 3.3% from $6M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of CRT and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 4 added.

The largest buyer was Wells Fargo, adding an estimated $196K. The largest seller was Baird Financial Group, exiting entirely with an estimated $218K sold.

  • 21 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q1 2019, down from 23 in Q4 2018.
  • Funds reported $6.2M of Cross Timbers Royalty Trust stock for Q1 2019, up 3.3% quarter-over-quarter.
  • 3 funds opened new Cross Timbers Royalty Trust positions in Q1 2019 and 5 closed out, a net change of -2 holders.
  • The largest Cross Timbers Royalty Trust buyer in Q1 2019 was Wells Fargo, an estimated $196K added.
  • The largest Cross Timbers Royalty Trust seller in Q1 2019 was Baird Financial Group, an estimated $218K sold.

Based on aggregated 13F filings for Q1 2019.