Permian Basin Royalty Trust
81 hedge funds and large institutions have $78.7M invested in Permian Basin Royalty Trust in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $78.8M → $78.7M (-$126K)
0.37% less ownership
Funds ownership: 13.17% → 12.8% (-0.37%)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
1% less funds holding
Funds holding: 82 → 81 (-1)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
54% less call options, than puts
Call options by funds: $331K | Put options by funds: $720K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$3.15M |
| 2 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
+$3.03M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$689K |
| 4 |
Renaissance Technologies
New York
|
+$524K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.38M |
| 2 |
Two Sigma Investments
New York
|
-$846K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$704K |
| 4 |
Morgan Stanley
New York
|
-$571K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$510K |
PBT Hedge Fund Activity: Q1 2014 in Review
81 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q1 2014, worth a combined $78.7M — down 0.16% from $78.8M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PBT and 14 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 19 added.
The largest buyer was US Bancorp, adding an estimated $3.15M. The largest seller was Bank of America, cutting an estimated $6.38M.
- 81 institutional investors held Permian Basin Royalty Trust (PBT) as of Q1 2014, down from 82 in Q4 2013.
- Funds reported $78.7M of Permian Basin Royalty Trust stock for Q1 2014, down 0.16% quarter-over-quarter.
- 14 funds opened new Permian Basin Royalty Trust positions in Q1 2014 and 15 closed out, a net change of -1 holder.
- The largest Permian Basin Royalty Trust buyer in Q1 2014 was US Bancorp, an estimated $3.15M added.
- The largest Permian Basin Royalty Trust seller in Q1 2014 was Bank of America, an estimated $6.38M sold.
Based on aggregated 13F filings for Q1 2014.