Permian Basin Royalty Trust
82 hedge funds and large institutions have $321M invested in Permian Basin Royalty Trust in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
6% more funds holding
Funds holding: 77 → 82 (+5)
1.36% more ownership
Funds ownership: 26.92% → 28.28% (+1.4%)
1% more capital invested
Capital invested by funds: $316M → $321M (+$4.63M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
72% less call options, than puts
Call options by funds: $2.75M | Put options by funds: $9.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$8.29M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$6.98M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.11M |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$1.92M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$2.61M |
| 2 |
HP
Hosking Partners
London,
United Kingdom
|
-$2M |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$1.37M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$928K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$810K |
PBT Hedge Fund Activity: Q1 2023 in Review
82 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q1 2023, worth a combined $321M — up 1.5% from $316M 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 18 trimmed.
The largest buyer was Schwartz Investment Counsel, adding an estimated $8.29M. The largest seller was Pathstone Family Office, cutting an estimated $2.61M.
- 82 institutional investors held Permian Basin Royalty Trust (PBT) as of Q1 2023, up from 77 in Q4 2022.
- Funds reported $321M of Permian Basin Royalty Trust stock for Q1 2023, up 1.5% quarter-over-quarter.
- 15 funds opened new Permian Basin Royalty Trust positions in Q1 2023 and 9 closed out, a net change of +6 holders.
- The largest Permian Basin Royalty Trust buyer in Q1 2023 was Schwartz Investment Counsel, an estimated $8.29M added.
- The largest Permian Basin Royalty Trust seller in Q1 2023 was Pathstone Family Office, an estimated $2.61M sold.
Based on aggregated 13F filings for Q1 2023.