Permian Basin Royalty Trust
53 hedge funds and large institutions have $10.5M invested in Permian Basin Royalty Trust in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 10 closing their positions.
18% more capital invested
Capital invested by funds: $8.92M → $10.5M (+$1.6M)
0.02% more ownership
Funds ownership: 6.82% → 6.84% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
7% less funds holding
Funds holding: 57 → 53 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$307K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$192K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$79.8K |
| 4 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$41K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$40.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
-$185K |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$115K |
| 3 |
Morgan Stanley
New York
|
-$103K |
| 4 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$51.1K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$42.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
MAA
52
Mraz Amerine & Associates
Modesto,
California
| – | -$185K | -64,550 | Closed |
|
|
EVM
53
Eaton Vance Management
Boston,
Massachusetts
| – | -$115K | -40,900 | Closed |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$38.5K | -11,579 | Closed |
|
|
GSWM
55
Golden State Wealth Management
Santa Ana,
California
| – | -$7K | -2,446 | Closed |
|
|
CAN
56
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$6K | -2,000 | Closed |
|
57
Barclays
London,
United Kingdom
| – | -$5K | -1,792 | Closed |
|
|
NFG
58
Next Financial Group
Houston,
Texas
| – | -$5K | -1,650 | Closed |
|
|
DWM
59
Darwin Wealth Management
Tampa,
Florida
| – | -$2K | -1,000 | Closed |
|
|
AIC
60
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$1K | -274 | Closed |
|
61
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$276 | +83 | New |
|
PBT Hedge Fund Activity: Q2 2020 in Review
53 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q2 2020, worth a combined $10.5M — up 18% from $8.92M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PBT and 6 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was Laurel Wealth Advisors (California), opening a new position worth an estimated $307K. The largest seller was Mraz Amerine & Associates, exiting entirely with an estimated $185K sold.
- 53 institutional investors held Permian Basin Royalty Trust (PBT) as of Q2 2020, down from 57 in Q1 2020.
- Funds reported $10.5M of Permian Basin Royalty Trust stock for Q2 2020, up 18% quarter-over-quarter.
- 6 funds opened new Permian Basin Royalty Trust positions in Q2 2020 and 10 closed out, a net change of -4 holders.
- The largest Permian Basin Royalty Trust buyer in Q2 2020 was Laurel Wealth Advisors (California), an estimated $307K added.
- The largest Permian Basin Royalty Trust seller in Q2 2020 was Mraz Amerine & Associates, an estimated $185K sold.
Based on aggregated 13F filings for Q2 2020.