We are live on ! Find out more
PBT

Permian Basin Royalty Trust
PBT

69 hedge funds and large institutions have $31.5M invested in Permian Basin Royalty Trust in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 24 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

13% more capital invested

Capital invested by funds: $28M → $31.5M (+$3.53M)

1% more funds holding

Funds holding: 68 → 69 (+1)

1.24% less ownership

Funds ownership: 10.23% → 9% (-1.2%)

54% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 24

Holders
69
Holders Change
+1
Holders Change %
+1.47%
% of All Funds
1.49%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
11
Reduced
24
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$591K
2
EVM
Eaton Vance Management
Massachusetts
+$138K
3
California Public Employees Retirement System
California Public Employees Retirement System
California
+$131K
4
SWM
SeaCrest Wealth Management
New York
+$105K
5
Creative Planning
Creative Planning
Kansas
+$103K

Top Sellers

Rank Fund Capital Flow
1
Deutsche Bank
Deutsche Bank
Germany
-$1.21M
2
Renaissance Technologies
Renaissance Technologies
New York
-$1.21M
3
Two Sigma Investments
Two Sigma Investments
New York
-$714K
4
Baird Financial Group
Baird Financial Group
Wisconsin
-$622K
5
FRM
Foundation Resource Management
Arkansas
-$454K
Name Holding Trade Value Shares
Change 		Change in
Stake
SF
51
Synovus Financial
Georgia
$15K – – –
QT
52
Quantamental Technologies
New York
$11K -$5.82K -800 -35%
Bank of Montreal
53
Bank of Montreal
Ontario, Canada
$11K – – –
RCAG
54
Rehmann Capital Advisory Group
Michigan
$8.11K +$131 +18 +2%
CAL
55
Capital Analysts LLC
Pennsylvania
$8K – – –
ASN
56
Advisory Services Network
Georgia
$7K -$8.01K -1,100 -56%
WAM
57
Wealthspire Advisors (Maryland)
Maryland
$7K +$7.1K +975 New
RFC
58
Regions Financial Corp
Alabama
$5K – – –
IA
59
IFP Advisors
Florida
$5K +$3.64K +500 +500%
EWM
60
Edge Wealth Management
New York
$4K – – –
NFG
61
Next Financial Group
Texas
$4K – – –
NFH
62
NEXT Financial Holdings
Texas
$4K +$4.33K +595 New
HCA
63
Horan Capital Advisors
Ohio
$3K +$2.73K +375 New
EWM
64
Executive Wealth Management
Michigan
$2K +$15 +2 +0.9%
Barclays
65
Barclays
United Kingdom
$1K -$2.6K -358 -67%
FHA
66
Flagship Harbor Advisors
Massachusetts
$1K – – –
Simplex Trading
67
Simplex Trading
Illinois
$1K +$1.81K +249 New
GT
68
Glenmede Trust
Pennsylvania
$37 – – –
Baird Financial Group
69
Baird Financial Group
Wisconsin
– -$622K -105,500 Closed
VF
70
Virtu Financial
New York
– -$180K -30,587 Closed
WA
71
WBH Advisory
Maryland
– -$106 -18,061 Closed
Millennium Management
72
Millennium Management
New York
– -$100K -16,933 Closed
GCP
73
GSA Capital Partners
United Kingdom
– -$91K -15,369 Closed
Wolverine Trading
74
Wolverine Trading
Illinois
– -$70K -12,019 Closed
MNBTD
75
Moody National Bank Trust Division
Texas
– -$38K -6,500 Closed
1 2
3
4

PBT Hedge Fund Activity: Q1 2019 in Review

69 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q1 2019, worth a combined $31.5M — up 13% from $28M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PBT positions and 9 closed out — a net gain of 2 holders — while 11 added to existing stakes and 24 trimmed.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $591K. The largest seller was Deutsche Bank, cutting an estimated $1.21M.

  • 69 institutional investors held Permian Basin Royalty Trust (PBT) as of Q1 2019, up from 68 in Q4 2018.
  • Funds reported $31.5M of Permian Basin Royalty Trust stock for Q1 2019, up 13% quarter-over-quarter.
  • 11 funds opened new Permian Basin Royalty Trust positions in Q1 2019 and 9 closed out, a net change of +2 holders.
  • The largest Permian Basin Royalty Trust buyer in Q1 2019 was Arrowstreet Capital, an estimated $591K added.
  • The largest Permian Basin Royalty Trust seller in Q1 2019 was Deutsche Bank, an estimated $1.21M sold.

Based on aggregated 13F filings for Q1 2019.