Permian Basin Royalty Trust
65 hedge funds and large institutions have $45.4M invested in Permian Basin Royalty Trust in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 5 closing their positions.
94% more call options, than puts
Call options by funds: $659K | Put options by funds: $339K
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
7% more capital invested
Capital invested by funds: $42.6M → $45.4M (+$2.78M)
2% more funds holding
Funds holding: 64 → 65 (+1)
0.22% less ownership
Funds ownership: 10.31% → 10.09% (-0.22%)
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.16M |
| 2 |
PW
Price Wealth
Austin,
Texas
|
+$528K |
| 3 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
+$285K |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$134K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$776K |
| 2 |
VF
Virtu Financial
New York
|
-$275K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$236K |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$223K |
| 5 |
Two Sigma Advisers
New York
|
-$175K |
PBT Hedge Fund Activity: Q1 2018 in Review
65 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q1 2018, worth a combined $45.4M — up 6.5% from $42.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PBT positions and 5 closed out — a net gain of 2 holders — while 13 added to existing stakes and 22 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.16M. The largest seller was Citadel Advisors, cutting an estimated $776K.
- 65 institutional investors held Permian Basin Royalty Trust (PBT) as of Q1 2018, up from 64 in Q4 2017.
- Funds reported $45.4M of Permian Basin Royalty Trust stock for Q1 2018, up 6.5% quarter-over-quarter.
- 7 funds opened new Permian Basin Royalty Trust positions in Q1 2018 and 5 closed out, a net change of +2 holders.
- The largest Permian Basin Royalty Trust buyer in Q1 2018 was Fidelity Investments, an estimated $1.16M added.
- The largest Permian Basin Royalty Trust seller in Q1 2018 was Citadel Advisors, an estimated $776K sold.
Based on aggregated 13F filings for Q1 2018.