Permian Basin Royalty Trust
64 hedge funds and large institutions have $42.6M invested in Permian Basin Royalty Trust in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 13 closing their positions.
7% more capital invested
Capital invested by funds: $39.9M → $42.6M (+$2.73M)
0.48% more ownership
Funds ownership: 9.83% → 10.31% (+0.48%)
7% less funds holding
Funds holding: 69 → 64 (-5)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
39% less call options, than puts
Call options by funds: $144K | Put options by funds: $238K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$939K |
| 2 |
Morgan Stanley
New York
|
+$900K |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$662K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$650K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$1.1M |
| 2 |
HC
Hawkins Capital
Houston,
Texas
|
-$630K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$604K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$431K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$300K |
PBT Hedge Fund Activity: Q4 2017 in Review
64 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2017, worth a combined $42.6M — up 6.9% from $39.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PBT and 8 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 16 added.
The largest buyer was Fidelity Investments, adding an estimated $939K. The largest seller was Foundation Resource Management, cutting an estimated $1.1M.
- 64 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2017, down from 69 in Q3 2017.
- Funds reported $42.6M of Permian Basin Royalty Trust stock for Q4 2017, up 6.9% quarter-over-quarter.
- 8 funds opened new Permian Basin Royalty Trust positions in Q4 2017 and 13 closed out, a net change of -5 holders.
- The largest Permian Basin Royalty Trust buyer in Q4 2017 was Fidelity Investments, an estimated $939K added.
- The largest Permian Basin Royalty Trust seller in Q4 2017 was Foundation Resource Management, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2017.