Permian Basin Royalty Trust
66 hedge funds and large institutions have $35M invested in Permian Basin Royalty Trust in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 6 closing their positions.
197% more call options, than puts
Call options by funds: $404K | Put options by funds: $136K
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
3% more funds holding
Funds holding: 64 → 66 (+2)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
0.65% less ownership
Funds ownership: 11.41% → 10.77% (-0.65%)
10% less capital invested
Capital invested by funds: $39M → $35M (-$4.03M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$355K |
| 2 |
Renaissance Technologies
New York
|
+$231K |
| 3 |
Two Sigma Investments
New York
|
+$219K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$219K |
| 5 |
HC
Hawkins Capital
Houston,
Texas
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APCM
Arbiter Partners Capital Management
New York
|
-$2.79M |
| 2 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$369K |
| 3 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$86K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$75K |
| 5 |
Morgan Stanley
New York
|
-$55.9K |
PBT Hedge Fund Activity: Q3 2016 in Review
66 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2016, worth a combined $35M — down 10% from $39M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PBT positions and 6 closed out — a net gain of 3 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $355K. The largest seller was Arbiter Partners Capital Management, cutting an estimated $2.79M.
- 66 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2016, up from 64 in Q2 2016.
- Funds reported $35M of Permian Basin Royalty Trust stock for Q3 2016, down 10% quarter-over-quarter.
- 9 funds opened new Permian Basin Royalty Trust positions in Q3 2016 and 6 closed out, a net change of +3 holders.
- The largest Permian Basin Royalty Trust buyer in Q3 2016 was Horizon Kinetics, an estimated $355K added.
- The largest Permian Basin Royalty Trust seller in Q3 2016 was Arbiter Partners Capital Management, an estimated $2.79M sold.
Based on aggregated 13F filings for Q3 2016.