Permian Basin Royalty Trust
100 hedge funds and large institutions have $505M invested in Permian Basin Royalty Trust in 2026 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 9 closing their positions.
9,542% more call options, than puts
Call options by funds: $9.9M | Put options by funds: $103K
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
48% more capital inflows, than outflows
Capital inflows: $25.9M | Capital outflows: $17.4M
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
4% more funds holding
Funds holding: 96 → 100 (+4)
0.1% more ownership
Funds ownership: 43.14% → 43.24% (+0.1%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Horizon Kinetics Asset Management
New York
|
+$8.85M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.93M |
| 3 |
HRT Financial
New York
|
+$2.66M |
| 4 |
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.4M |
| 5 |
Jane Street
New York
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hosking Partners
London,
United Kingdom
|
-$6.03M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$5.34M |
| 3 |
Morgan Stanley
New York
|
-$2.4M |
| 4 |
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
-$583K |
| 5 |
Moors & Cabot
Boston,
Massachusetts
|
-$468K |
PBT Hedge Fund Activity: Q2 2026 in Review
100 of the 8,358 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q2 2026, worth a combined $505M — up 17% from $433M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PBT positions and 9 closed out — a net gain of 6 holders — while 29 added to existing stakes and 25 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $8.85M. The largest seller was Hosking Partners, exiting entirely with an estimated $6.03M sold.
- 100 institutional investors held Permian Basin Royalty Trust (PBT) as of Q2 2026, up from 96 in Q1 2026.
- Funds reported $505M of Permian Basin Royalty Trust stock for Q2 2026, up 17% quarter-over-quarter.
- 15 funds opened new Permian Basin Royalty Trust positions in Q2 2026 and 9 closed out, a net change of +6 holders.
- The largest Permian Basin Royalty Trust buyer in Q2 2026 was Horizon Kinetics Asset Management, an estimated $8.85M added.
- The largest Permian Basin Royalty Trust seller in Q2 2026 was Hosking Partners, an estimated $6.03M sold.
Based on aggregated 13F filings for Q2 2026.