Permian Basin Royalty Trust
66 hedge funds and large institutions have $16.5M invested in Permian Basin Royalty Trust in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
5% more funds holding
Funds holding: 63 → 66 (+3)
0.37% less ownership
Funds ownership: 9.52% → 9.15% (-0.37%)
28% less capital invested
Capital invested by funds: $23M → $16.5M (-$6.53M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.22M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
+$1.01M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$485K |
| 4 |
Two Sigma Investments
New York
|
+$428K |
| 5 |
Goldman Sachs
New York
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.63M |
| 2 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$821K |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$313K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$247K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$202K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Simplex Trading
Chicago,
Illinois
| – | -$1K | -339 | Closed |
|
PBT Hedge Fund Activity: Q4 2019 in Review
66 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2019, worth a combined $16.5M — down 28% from $23M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PBT positions and 11 closed out — a net gain of 4 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.22M. The largest seller was Royce & Associates, exiting entirely with an estimated $4.63M sold.
- 66 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2019, up from 63 in Q3 2019.
- Funds reported $16.5M of Permian Basin Royalty Trust stock for Q4 2019, down 28% quarter-over-quarter.
- 15 funds opened new Permian Basin Royalty Trust positions in Q4 2019 and 11 closed out, a net change of +4 holders.
- The largest Permian Basin Royalty Trust buyer in Q4 2019 was Jane Street, an estimated $1.22M added.
- The largest Permian Basin Royalty Trust seller in Q4 2019 was Royce & Associates, an estimated $4.63M sold.
Based on aggregated 13F filings for Q4 2019.