Permian Basin Royalty Trust
48 hedge funds and large institutions have $7.35M invested in Permian Basin Royalty Trust in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.49% less ownership
Funds ownership: 6.84% → 6.36% (-0.49%)
9% less funds holding
Funds holding: 53 → 48 (-5)
30% less capital invested
Capital invested by funds: $10.5M → $7.35M (-$3.18M)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$39.7K |
| 2 |
VF
Virtu Financial
New York
|
+$39.6K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$36K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$16.3K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$11.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$304K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$84K |
| 3 |
Two Sigma Advisers
New York
|
-$60K |
| 4 |
State Street
Boston,
Massachusetts
|
-$58.9K |
| 5 |
Morgan Stanley
New York
|
-$49.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
51
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$16K | -5,000 | Closed |
|
|
CAN
52
Cetera Advisor Networks
El Segundo,
California
| – | -$12K | -3,586 | Closed |
|
53
Simplex Trading
Chicago,
Illinois
| – | -$7.87K | -2,562 | -93% |
|
|
PIMG
54
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$6.58K | -2,000 | Closed |
|
|
AF
55
Advisornet Financial
Minnetonka,
Minnesota
| – | -$3.68K | -1,200 | -97% |
|
|
CWP
56
CFM Wealth Partners
Austin,
Texas
| – | -$3K | -1,084 | Closed |
|
|
FCM
57
Firestone Capital Management
Coral Gables,
Florida
| – | -$2K | -625 | Closed |
|
|
FGA
58
Fortis Group Advisors
Westwood,
New Jersey
| – | +$614 | +200 | New |
|
PBT Hedge Fund Activity: Q3 2020 in Review
48 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2020, worth a combined $7.35M — down 30% from $10.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PBT and 7 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 7 added.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $39.7K. The largest seller was Laurel Wealth Advisors (California), exiting entirely with an estimated $304K sold.
- 48 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2020, down from 53 in Q2 2020.
- Funds reported $7.35M of Permian Basin Royalty Trust stock for Q3 2020, down 30% quarter-over-quarter.
- 7 funds opened new Permian Basin Royalty Trust positions in Q3 2020 and 12 closed out, a net change of -5 holders.
- The largest Permian Basin Royalty Trust buyer in Q3 2020 was Horizon Kinetics Asset Management, an estimated $39.7K added.
- The largest Permian Basin Royalty Trust seller in Q3 2020 was Laurel Wealth Advisors (California), an estimated $304K sold.
Based on aggregated 13F filings for Q3 2020.