Permian Basin Royalty Trust
PBT
66 hedge funds and large institutions have $36.5M invested in Permian Basin Royalty Trust in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
4% more capital invested
Capital invested by funds: $35M → $36.5M (+$1.51M)
0% more funds holding
Funds holding: 66 → 66 (0)
0.62% less ownership
Funds ownership: 10.77% → 10.15% (-0.62%)
95% less call options, than puts
Call options by funds: $2K | Put options by funds: $43K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$876K |
| 2 |
Renaissance Technologies
New York
|
+$787K |
| 3 |
HC
Hawkins Capital
Houston,
Texas
|
+$362K |
| 4 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$344K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.95M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.65M |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
-$1.29M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$526K |
| 5 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$219K |
PBT Hedge Fund Activity: Q4 2016 in Review
66 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2016, worth a combined $36.5M — up 4.3% from $35M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PBT positions and 5 closed out — a net gain of 1 holder — while 23 added to existing stakes and 20 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $876K. The largest seller was Royce & Associates, cutting an estimated $1.95M.
- 66 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $36.5M of Permian Basin Royalty Trust stock for Q4 2016, up 4.3% quarter-over-quarter.
- 6 funds opened new Permian Basin Royalty Trust positions in Q4 2016 and 5 closed out, a net change of +1 holder.
- The largest Permian Basin Royalty Trust buyer in Q4 2016 was Deutsche Bank, an estimated $876K added.
- The largest Permian Basin Royalty Trust seller in Q4 2016 was Royce & Associates, an estimated $1.95M sold.
Based on aggregated 13F filings for Q4 2016.