Permian Basin Royalty Trust
PBT
63 hedge funds and large institutions have $32.4M invested in Permian Basin Royalty Trust in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 10 closing their positions.
1,700% more call options, than puts
Call options by funds: $54K | Put options by funds: $3K
22% more capital invested
Capital invested by funds: $26.6M → $32.4M (+$5.76M)
0% less ownership
Funds ownership: 11.28% → 11.28% (-0%)
3% less funds holding
Funds holding: 65 → 63 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
+$416K |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
+$414K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$231K |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$180K |
| 5 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$375K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$272K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$246K |
| 4 |
Two Sigma Investments
New York
|
-$170K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$129K |
PBT Hedge Fund Activity: Q1 2016 in Review
63 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q1 2016, worth a combined $32.4M — up 22% from $26.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PBT and 9 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 16 added.
The largest buyer was California Public Employees Retirement System, opening a new position worth an estimated $416K. The largest seller was Capital Investment Advisors, cutting an estimated $375K.
- 63 institutional investors held Permian Basin Royalty Trust (PBT) as of Q1 2016, down from 65 in Q4 2015.
- Funds reported $32.4M of Permian Basin Royalty Trust stock for Q1 2016, up 22% quarter-over-quarter.
- 9 funds opened new Permian Basin Royalty Trust positions in Q1 2016 and 10 closed out, a net change of -1 holder.
- The largest Permian Basin Royalty Trust buyer in Q1 2016 was California Public Employees Retirement System, an estimated $416K added.
- The largest Permian Basin Royalty Trust seller in Q1 2016 was Capital Investment Advisors, an estimated $375K sold.
Based on aggregated 13F filings for Q1 2016.