Permian Basin Royalty Trust
77 hedge funds and large institutions have $189M invested in Permian Basin Royalty Trust in 2022 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 4 closing their positions.
425% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 4
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
26% more funds holding
Funds holding: 61 → 77 (+16)
9% more capital invested
Capital invested by funds: $173M → $189M (+$15.7M)
2.39% more ownership
Funds ownership: 22.47% → 24.86% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
59% less call options, than puts
Call options by funds: $4.07M | Put options by funds: $9.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$17.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.83M |
| 3 |
HP
Hosking Partners
London,
United Kingdom
|
+$3.32M |
| 4 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$1.78M |
| 5 |
SMP
Santa Monica Partners
Palm Beach Gardens,
Florida
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Group One Trading
Chicago,
Illinois
|
-$4.5M |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$3.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.04M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.06M |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
-$991K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOS
76
MGO One Seven
Beachwood,
Ohio
| $214 | +$229K | +13,145 | New |
|
|
SFS
77
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$3.5M | -210,325 | Closed |
|
78
Bessemer Group
Woodbridge,
New Jersey
| – | -$33K | -2,000 | Closed |
|
|
NFSG
79
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$25K | -1,525 | Closed |
|
|
PFGIA
80
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$6K | -373 | Closed |
|
|
ACM
81
Antonetti Capital Management
Naples,
Florida
| – | +$522 | +30 | New |
|
PBT Hedge Fund Activity: Q3 2022 in Review
77 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2022, worth a combined $189M — up 9% from $173M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PBT positions and 4 closed out — a net gain of 17 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $17.1M. The largest seller was Group One Trading, cutting an estimated $4.5M.
- 77 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2022, up from 61 in Q2 2022.
- Funds reported $189M of Permian Basin Royalty Trust stock for Q3 2022, up 9% quarter-over-quarter.
- 21 funds opened new Permian Basin Royalty Trust positions in Q3 2022 and 4 closed out, a net change of +17 holders.
- The largest Permian Basin Royalty Trust buyer in Q3 2022 was Horizon Kinetics Asset Management, an estimated $17.1M added.
- The largest Permian Basin Royalty Trust seller in Q3 2022 was Group One Trading, an estimated $4.5M sold.
Based on aggregated 13F filings for Q3 2022.