Permian Basin Royalty Trust
45 hedge funds and large institutions have $13.4M invested in Permian Basin Royalty Trust in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 10 closing their positions.
83% more capital invested
Capital invested by funds: $7.35M → $13.4M (+$6.08M)
2.34% more ownership
Funds ownership: 6.36% → 8.7% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
6% less funds holding
Funds holding: 48 → 45 (-3)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$3.19M |
| 2 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$157K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$57.4K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$51.3K |
| 5 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$40.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$65.9K |
| 2 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
-$62K |
| 3 |
Morgan Stanley
New York
|
-$36.5K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$36K |
| 5 |
VF
Virtu Financial
New York
|
-$32K |
PBT Hedge Fund Activity: Q4 2020 in Review
45 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2020, worth a combined $13.4M — up 83% from $7.35M a quarter earlier.
Fund positioning in PBT was balanced in Q4 2020: 10 funds opened new positions, 10 closed out, 7 added to existing stakes and 14 trimmed.
The largest buyer was SoftVest Advisors, adding an estimated $3.19M. The largest seller was Foundation Resource Management, cutting an estimated $65.9K.
- 45 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2020, down from 48 in Q3 2020.
- Funds reported $13.4M of Permian Basin Royalty Trust stock for Q4 2020, up 83% quarter-over-quarter.
- 10 funds opened new Permian Basin Royalty Trust positions in Q4 2020 and 10 closed out, a net change of 0 holders.
- The largest Permian Basin Royalty Trust buyer in Q4 2020 was SoftVest Advisors, an estimated $3.19M added.
- The largest Permian Basin Royalty Trust seller in Q4 2020 was Foundation Resource Management, an estimated $65.9K sold.
Based on aggregated 13F filings for Q4 2020.