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CRT

Cross Timbers Royalty Trust

17 hedge funds and large institutions have $3.71M invested in Cross Timbers Royalty Trust in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.73% less ownership

Funds ownership: 9.06%7.33% (-1.7%)

11% less funds holding

Funds holding: 1917 (-2)

46% less capital invested

Capital invested by funds: $6.87M → $3.71M (-$3.16M)

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

67% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 6

Holders
17
Holders Change
-2
Holders Change %
-10.53%
% of All Funds
0.37%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
2
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.22M
MAA
2
Mraz Amerine & Associates
California
$1.09M -$2.15K -207 -0.2%
Morgan Stanley
3
Morgan Stanley
New York
$314K +$297K +28,652 +333%
Bank of America
4
Bank of America
North Carolina
$255K -$4.47K -431 -1%
Wells Fargo
5
Wells Fargo
California
$202K +$50.1K +4,832 +25%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$185K -$1.87K -180 -0.8%
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$176K
UBS Group
8
UBS Group
Switzerland
$104K
FBC
9
Fairfield, Bush & Co
Connecticut
$86K
Deutsche Bank
10
Deutsche Bank
Germany
$23K -$185K -17,886 -87%
GWM
11
Geneos Wealth Management
Colorado
$19K
Victory Capital Management
12
Victory Capital Management
Texas
$9K +$11.2K +1,080 New
JP Morgan Chase
13
JP Morgan Chase
New York
$8K
SIS
14
Sound Income Strategies
Florida
$7K -$3.91K -377 -32%
AG
15
Advisor Group
Arizona
$7K
CIAS
16
Capital Investment Advisory Services
North Carolina
$4K -$342 -33 -6%
RA
17
Royce & Associates
New York
-$856K -67,631 Closed
IDA
18
Intelligence Driven Advisers
California
-$379K -30,002 Closed
Renaissance Technologies
19
Renaissance Technologies
New York
-$261K -20,637 Closed
First Manhattan
20
First Manhattan
New York
-$12K -1,000 Closed
EIP
21
Ellis Investment Partners
Pennsylvania
+$21 +2 New

CRT Hedge Fund Activity: Q3 2019 in Review

17 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cross Timbers Royalty Trust (CRT) for Q3 2019, worth a combined $3.71M — down 46% from $6.87M a quarter earlier.

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

The largest buyer was Morgan Stanley, adding an estimated $297K. The largest seller was Royce & Associates, exiting entirely with an estimated $856K sold.

  • 17 institutional investors held Cross Timbers Royalty Trust (CRT) as of Q3 2019, down from 19 in Q2 2019.
  • Funds reported $3.71M of Cross Timbers Royalty Trust stock for Q3 2019, down 46% quarter-over-quarter.
  • 2 funds opened new Cross Timbers Royalty Trust positions in Q3 2019 and 4 closed out, a net change of -2 holders.
  • The largest Cross Timbers Royalty Trust buyer in Q3 2019 was Morgan Stanley, an estimated $297K added.
  • The largest Cross Timbers Royalty Trust seller in Q3 2019 was Royce & Associates, an estimated $856K sold.

Based on aggregated 13F filings for Q3 2019.