Permian Basin Royalty Trust
82 hedge funds and large institutions have $78.8M invested in Permian Basin Royalty Trust in 2013 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
17% more funds holding
Funds holding: 70 → 82 (+12)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0.95% more ownership
Funds ownership: 12.22% → 13.17% (+0.95%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $81.2M → $78.8M (-$2.36M)
60% less call options, than puts
Call options by funds: $688K | Put options by funds: $1.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$1.42M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.12M |
| 3 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
+$1.1M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$796K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$614K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
-$2.52M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.44M |
| 3 |
Renaissance Technologies
New York
|
-$687K |
| 4 |
Morgan Stanley
New York
|
-$498K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$453K |
PBT Hedge Fund Activity: Q4 2013 in Review
82 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2013, worth a combined $78.8M — down 2.9% from $81.2M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PBT positions and 8 closed out — a net gain of 15 holders — while 19 added to existing stakes and 18 trimmed.
The largest buyer was Prospector Partners, opening a new position worth an estimated $1.42M. The largest seller was Insight 2811 Inc, exiting entirely with an estimated $2.52M sold.
- 82 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2013, up from 70 in Q3 2013.
- Funds reported $78.8M of Permian Basin Royalty Trust stock for Q4 2013, down 2.9% quarter-over-quarter.
- 23 funds opened new Permian Basin Royalty Trust positions in Q4 2013 and 8 closed out, a net change of +15 holders.
- The largest Permian Basin Royalty Trust buyer in Q4 2013 was Prospector Partners, an estimated $1.42M added.
- The largest Permian Basin Royalty Trust seller in Q4 2013 was Insight 2811 Inc, an estimated $2.52M sold.
Based on aggregated 13F filings for Q4 2013.