Permian Basin Royalty Trust
77 hedge funds and large institutions have $316M invested in Permian Basin Royalty Trust in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 14 closing their positions.
170% more call options, than puts
Call options by funds: $26.1M | Put options by funds: $9.65M
67% more capital invested
Capital invested by funds: $189M → $316M (+$127M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
2.06% more ownership
Funds ownership: 24.86% → 26.92% (+2.1%)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% more funds holding
Funds holding: 77 → 77 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$13.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.91M |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$3.57M |
| 4 |
Morgan Stanley
New York
|
+$3.06M |
| 5 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.14M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$4.53M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$696K |
| 4 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
-$518K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$490K |
PBT Hedge Fund Activity: Q4 2022 in Review
77 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2022, worth a combined $316M — up 67% from $189M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PBT positions and 14 closed out — a net gain of 1 holder — while 26 added to existing stakes and 18 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $13.8M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $5.14M sold.
- 77 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $316M of Permian Basin Royalty Trust stock for Q4 2022, up 67% quarter-over-quarter.
- 15 funds opened new Permian Basin Royalty Trust positions in Q4 2022 and 14 closed out, a net change of +1 holder.
- The largest Permian Basin Royalty Trust buyer in Q4 2022 was Horizon Kinetics Asset Management, an estimated $13.8M added.
- The largest Permian Basin Royalty Trust seller in Q4 2022 was Susquehanna International Group, an estimated $5.14M sold.
Based on aggregated 13F filings for Q4 2022.