Permian Basin Royalty Trust
74 hedge funds and large institutions have $46.2M invested in Permian Basin Royalty Trust in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 26 reducing their positions, and 15 closing their positions.
1.05% less ownership
Funds ownership: 13.35% → 12.3% (-1.1%)
9% less capital invested
Capital invested by funds: $51M → $46.2M (-$4.79M)
11% less funds holding
Funds holding: 83 → 74 (-9)
36% less call options, than puts
Call options by funds: $166K | Put options by funds: $261K
46% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 26
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APCM
Arbiter Partners Capital Management
New York
|
+$2.21M |
| 2 |
RA
Royce & Associates
New York
|
+$213K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$156K |
| 4 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
+$139K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.34M |
| 2 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$801K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$741K |
| 4 |
Two Sigma Investments
New York
|
-$671K |
| 5 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$591K |
PBT Hedge Fund Activity: Q2 2015 in Review
74 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q2 2015, worth a combined $46.2M — down 9.4% from $51M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PBT and 7 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 14 added.
The largest buyer was Arbiter Partners Capital Management, adding an estimated $2.21M. The largest seller was Deutsche Bank, cutting an estimated $1.34M.
- 74 institutional investors held Permian Basin Royalty Trust (PBT) as of Q2 2015, down from 83 in Q1 2015.
- Funds reported $46.2M of Permian Basin Royalty Trust stock for Q2 2015, down 9.4% quarter-over-quarter.
- 7 funds opened new Permian Basin Royalty Trust positions in Q2 2015 and 15 closed out, a net change of -8 holders.
- The largest Permian Basin Royalty Trust buyer in Q2 2015 was Arbiter Partners Capital Management, an estimated $2.21M added.
- The largest Permian Basin Royalty Trust seller in Q2 2015 was Deutsche Bank, an estimated $1.34M sold.
Based on aggregated 13F filings for Q2 2015.