Permian Basin Royalty Trust
63 hedge funds and large institutions have $39.5M invested in Permian Basin Royalty Trust in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 7 closing their positions.
1,200% more call options, than puts
Call options by funds: $39K | Put options by funds: $3K
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
7% more funds holding
Funds holding: 59 → 63 (+4)
0.48% less ownership
Funds ownership: 11.11% → 10.63% (-0.48%)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
18% less capital invested
Capital invested by funds: $48.3M → $39.5M (-$8.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$271K |
| 2 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$258K |
| 3 |
WA
WBH Advisory
Baltimore,
Maryland
|
+$233K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$146K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$829K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$597K |
| 3 |
Morgan Stanley
New York
|
-$483K |
| 4 |
Renaissance Technologies
New York
|
-$326K |
| 5 |
Millennium Management
New York
|
-$228K |
PBT Hedge Fund Activity: Q3 2018 in Review
63 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2018, worth a combined $39.5M — down 18% from $48.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PBT positions and 7 closed out — a net gain of 5 holders — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Kovack Advisors, opening a new position worth an estimated $271K. The largest seller was Deutsche Bank, cutting an estimated $829K.
- 63 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2018, up from 59 in Q2 2018.
- Funds reported $39.5M of Permian Basin Royalty Trust stock for Q3 2018, down 18% quarter-over-quarter.
- 12 funds opened new Permian Basin Royalty Trust positions in Q3 2018 and 7 closed out, a net change of +5 holders.
- The largest Permian Basin Royalty Trust buyer in Q3 2018 was Kovack Advisors, an estimated $271K added.
- The largest Permian Basin Royalty Trust seller in Q3 2018 was Deutsche Bank, an estimated $829K sold.
Based on aggregated 13F filings for Q3 2018.