Permian Basin Royalty Trust
97 hedge funds and large institutions have $160M invested in Permian Basin Royalty Trust in 2024 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
11% more funds holding
Funds holding: 87 → 97 (+10)
2.17% more ownership
Funds ownership: 28.83% → 31% (+2.2%)
0% more capital invested
Capital invested by funds: $160M → $160M (+$321K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less call options, than puts
Call options by funds: $4.26M | Put options by funds: $4.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$3.14M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.9M |
| 3 |
Morgan Stanley
New York
|
+$1.41M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.23M |
| 5 |
PA
Promethium Advisors
Bethesda,
Maryland
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMP
Santa Monica Partners
Palm Beach Gardens,
Florida
|
-$1.03M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$837K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$390K |
| 4 |
MRI
Mad River Investors
Boston,
Massachusetts
|
-$361K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$320K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
101
Flow Traders U.S.
New York
| – | -$167K | -14,009 | Closed |
|
|
FCM
102
Fourpath Capital Management
Oklahoma City,
Oklahoma
| – | -$110K | -9,271 | Closed |
|
|
IAIM
103
International Assets Investment Management
Orlando,
Florida
| – | -$700 | -8,323 | Closed |
|
104
Comerica Bank
Dallas,
Texas
| – | -$5.96K | -501 | Closed |
|
|
CFO
105
CVA Family Office
Denver,
Colorado
| – | -$5.5K | -463 | Closed |
|
106
Fidelity Investments
Boston,
Massachusetts
| – | -$4.76K | -400 | Closed |
|
PBT Hedge Fund Activity: Q4 2024 in Review
97 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2024, worth a combined $160M — up 0.2% from $160M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PBT positions and 9 closed out — a net gain of 13 holders — while 30 added to existing stakes and 20 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $3.14M. The largest seller was Santa Monica Partners, exiting entirely with an estimated $1.03M sold.
- 97 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2024, up from 87 in Q3 2024.
- Funds reported $160M of Permian Basin Royalty Trust stock for Q4 2024, up 0.2% quarter-over-quarter.
- 22 funds opened new Permian Basin Royalty Trust positions in Q4 2024 and 9 closed out, a net change of +13 holders.
- The largest Permian Basin Royalty Trust buyer in Q4 2024 was Horizon Kinetics Asset Management, an estimated $3.14M added.
- The largest Permian Basin Royalty Trust seller in Q4 2024 was Santa Monica Partners, an estimated $1.03M sold.
Based on aggregated 13F filings for Q4 2024.