Permian Basin Royalty Trust
59 hedge funds and large institutions have $48.3M invested in Permian Basin Royalty Trust in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 11 closing their positions.
41% more call options, than puts
Call options by funds: $215K | Put options by funds: $152K
6% more capital invested
Capital invested by funds: $45.4M → $48.3M (+$2.92M)
1.02% more ownership
Funds ownership: 10.09% → 11.11% (+1%)
9% less funds holding
Funds holding: 65 → 59 (-6)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.51M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.37M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.32M |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$648K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$325K |
| 2 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$290K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$152K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$152K |
| 5 |
RA
Royce & Associates
New York
|
-$119K |
PBT Hedge Fund Activity: Q2 2018 in Review
59 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q2 2018, worth a combined $48.3M — up 6.4% from $45.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PBT and 5 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 13 added.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $1.51M. The largest seller was Morgan Stanley, cutting an estimated $325K.
- 59 institutional investors held Permian Basin Royalty Trust (PBT) as of Q2 2018, down from 65 in Q1 2018.
- Funds reported $48.3M of Permian Basin Royalty Trust stock for Q2 2018, up 6.4% quarter-over-quarter.
- 5 funds opened new Permian Basin Royalty Trust positions in Q2 2018 and 11 closed out, a net change of -6 holders.
- The largest Permian Basin Royalty Trust buyer in Q2 2018 was Baird Financial Group, an estimated $1.51M added.
- The largest Permian Basin Royalty Trust seller in Q2 2018 was Morgan Stanley, an estimated $325K sold.
Based on aggregated 13F filings for Q2 2018.