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PBT

Permian Basin Royalty Trust
PBT

87 hedge funds and large institutions have $160M invested in Permian Basin Royalty Trust in 2024 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 9

32% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 22

8% more capital invested

Capital invested by funds: $147M → $160M (+$12.4M)

7% more funds holding

Funds holding: 81 → 87 (+6)

0.75% more ownership

Funds ownership: 28.08% → 28.83% (+0.75%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

42% less call options, than puts

Call options by funds: $2.9M | Put options by funds: $4.96M

Holders
87
Holders Change
+6
Holders Change %
+7.41%
% of All Funds
1.25%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
16
Increased
29
Reduced
22
Closed
9
Calls
$2.9M
Puts
$4.96M
Net Calls
-$2.06M
Net Calls Change
-$3.49M

Top Buyers

Rank Fund Capital Flow
1
SIC
Schwartz Investment Counsel
Michigan
+$2.95M
2
MC
Moors & Cabot
Massachusetts
+$844K
3
IAA
Independent Advisor Alliance
North Carolina
+$792K
4
AWP
Atlas Wealth Partners
Pennsylvania
+$715K
5
SA
SoftVest Advisors
Texas
+$579K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$1.86M
2
Morgan Stanley
Morgan Stanley
New York
-$844K
3
Citadel Advisors
Citadel Advisors
Florida
-$613K
4
LPL Financial
LPL Financial
California
-$460K
5
LIM
Lagoda Investment Management
New York
-$288K
Name Holding Trade Value Shares
Change 		Change in
Stake
GM
26
GeoWealth Management
Illinois
$484K -$66.3K -5,894 -13%
BFIM
27
Beese Fulmer Investment Management
Ohio
$394K – – –
RJA
28
Raymond James & Associates
Florida
$361K -$8.55K -760 -2%
HighTower Advisors
29
HighTower Advisors
Illinois
$349K -$5.91K -525 -2%
CAPTRUST Financial Advisors
30
CAPTRUST Financial Advisors
North Carolina
$341K +$11 +1 +0%
Morgan Stanley
31
Morgan Stanley
New York
$341K -$844K -75,032 -72%
Group One Trading
32
Group One Trading
Illinois
$307K +$290K +25,803 New
FIM
33
Fruth Investment Management
Texas
$301K – – –
Wealth Enhancement Advisory Services
34
Wealth Enhancement Advisory Services
Minnesota
$255K -$5.63K -500 -2%
CIA
35
Capital Investment Advisors
Georgia
$252K -$7.92K -704 -3%
Bank of America
36
Bank of America
North Carolina
$242K +$19.8K +1,756 +9%
SPIA
37
Steward Partners Investment Advisory
New York
$241K +$56K +4,980 +33%
ISL
38
Ingalls & Snyder LLC
New York
$241K – – –
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
$238K +$10.2K +908 +5%
RFA
40
Resurgent Financial Advisors
Georgia
$238K – – –
FSA
41
Financial Sense Advisors
California
$238K +$225K +20,000 New
BTI
42
Blue Trust Inc
Georgia
$230K – – –
SOW
43
State of Wyoming
Wyoming
$223K +$92.4K +8,213 +78%
IF
44
Ironwood Financial
Arizona
$220K +$208K +18,500 New
PI
45
PFG Investments
New York
$210K -$11.3K -1,000 -5%
Qube Research & Technologies (QRT)
46
Qube Research & Technologies (QRT)
United Kingdom
$200K -$75.4K -6,702 -29%
Creative Planning
47
Creative Planning
Kansas
$191K +$5.99K +532 +3%
AWM
48
Apollon Wealth Management
South Carolina
$180K +$170K +15,145 New
State Street
49
State Street
Massachusetts
$171K +$5.11K +454 +3%
FTUS
50
Flow Traders U.S.
New York
$167K +$158K +14,009 New
1
2
3 4

PBT Hedge Fund Activity: Q3 2024 in Review

87 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2024, worth a combined $160M — up 8.4% from $147M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PBT positions and 9 closed out — a net gain of 7 holders — while 29 added to existing stakes and 22 trimmed.

The largest buyer was Schwartz Investment Counsel, adding an estimated $2.95M. The largest seller was UBS Group, cutting an estimated $1.86M.

  • 87 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2024, up from 81 in Q2 2024.
  • Funds reported $160M of Permian Basin Royalty Trust stock for Q3 2024, up 8.4% quarter-over-quarter.
  • 16 funds opened new Permian Basin Royalty Trust positions in Q3 2024 and 9 closed out, a net change of +7 holders.
  • The largest Permian Basin Royalty Trust buyer in Q3 2024 was Schwartz Investment Counsel, an estimated $2.95M added.
  • The largest Permian Basin Royalty Trust seller in Q3 2024 was UBS Group, an estimated $1.86M sold.

Based on aggregated 13F filings for Q3 2024.