Permian Basin Royalty Trust
69 hedge funds and large institutions have $39.9M invested in Permian Basin Royalty Trust in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 10 closing their positions.
0.67% less ownership
Funds ownership: 10.5% → 9.83% (-0.67%)
3% less funds holding
Funds holding: 71 → 69 (-2)
6% less capital invested
Capital invested by funds: $42.6M → $39.9M (-$2.69M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
72% less call options, than puts
Call options by funds: $329K | Put options by funds: $1.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$284K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$267K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$168K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$88K |
| 5 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
+$44.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$1.84M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$340K |
| 3 |
Millennium Management
New York
|
-$299K |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$265K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$136K |
PBT Hedge Fund Activity: Q3 2017 in Review
69 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2017, worth a combined $39.9M — down 6.3% from $42.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PBT and 8 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $284K. The largest seller was Lucas Capital Management, cutting an estimated $1.84M.
- 69 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2017, down from 71 in Q2 2017.
- Funds reported $39.9M of Permian Basin Royalty Trust stock for Q3 2017, down 6.3% quarter-over-quarter.
- 8 funds opened new Permian Basin Royalty Trust positions in Q3 2017 and 10 closed out, a net change of -2 holders.
- The largest Permian Basin Royalty Trust buyer in Q3 2017 was Morgan Stanley, an estimated $284K added.
- The largest Permian Basin Royalty Trust seller in Q3 2017 was Lucas Capital Management, an estimated $1.84M sold.
Based on aggregated 13F filings for Q3 2017.