Permian Basin Royalty Trust
71 hedge funds and large institutions have $42.6M invested in Permian Basin Royalty Trust in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 9 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 70 → 71 (+1)
0.68% more ownership
Funds ownership: 9.82% → 10.5% (+0.68%)
1% less capital invested
Capital invested by funds: $42.8M → $42.6M (-$228K)
92% less call options, than puts
Call options by funds: $210K | Put options by funds: $2.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$1.12M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1M |
| 3 |
Renaissance Technologies
New York
|
+$863K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$710K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$833K |
| 2 |
Morgan Stanley
New York
|
-$422K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$192K |
| 4 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$192K |
| 5 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$144K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$21K | -2,200 | Closed |
|
77
Barclays
London,
United Kingdom
| – | -$9.85K | -1,031 | Closed |
|
|
CG
78
Cutler Group
San Francisco,
California
| – | -$5.5K | -576 | Closed |
|
79
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -100 | Closed |
|
|
HNB
80
Huntington National Bank
Columbus,
Ohio
| – | +$955 | +100 | New |
|
PBT Hedge Fund Activity: Q2 2017 in Review
71 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q2 2017, worth a combined $42.6M — down 0.53% from $42.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PBT positions and 9 closed out — a net gain of 1 holder — while 23 added to existing stakes and 13 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $1.12M. The largest seller was Greenwich Investment Management, exiting entirely with an estimated $833K sold.
- 71 institutional investors held Permian Basin Royalty Trust (PBT) as of Q2 2017, up from 70 in Q1 2017.
- Funds reported $42.6M of Permian Basin Royalty Trust stock for Q2 2017, down 0.53% quarter-over-quarter.
- 10 funds opened new Permian Basin Royalty Trust positions in Q2 2017 and 9 closed out, a net change of +1 holder.
- The largest Permian Basin Royalty Trust buyer in Q2 2017 was Horizon Kinetics, an estimated $1.12M added.
- The largest Permian Basin Royalty Trust seller in Q2 2017 was Greenwich Investment Management, an estimated $833K sold.
Based on aggregated 13F filings for Q2 2017.