Permian Basin Royalty Trust
PBT
68 hedge funds and large institutions have $28.1M invested in Permian Basin Royalty Trust in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 27 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
8% more funds holding
Funds holding: 63 → 68 (+5)
0.4% less ownership
Funds ownership: 10.63% → 10.23% (-0.4%)
29% less capital invested
Capital invested by funds: $39.5M → $28.1M (-$11.4M)
59% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$771K |
| 2 |
VF
Virtu Financial
New York
|
+$215K |
| 3 |
Renaissance Technologies
New York
|
+$213K |
| 4 |
Millennium Management
New York
|
+$119K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.13M |
| 2 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$430K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$394K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$363K |
| 5 |
RA
Royce & Associates
New York
|
-$161K |
PBT Hedge Fund Activity: Q4 2018 in Review
68 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2018, worth a combined $28.1M — down 29% from $39.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PBT positions and 7 closed out — a net gain of 5 holders — while 11 added to existing stakes and 27 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $771K. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $2.13M sold.
- 68 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2018, up from 63 in Q3 2018.
- Funds reported $28.1M of Permian Basin Royalty Trust stock for Q4 2018, down 29% quarter-over-quarter.
- 12 funds opened new Permian Basin Royalty Trust positions in Q4 2018 and 7 closed out, a net change of +5 holders.
- The largest Permian Basin Royalty Trust buyer in Q4 2018 was Two Sigma Investments, an estimated $771K added.
- The largest Permian Basin Royalty Trust seller in Q4 2018 was Arrowstreet Capital, an estimated $2.13M sold.
Based on aggregated 13F filings for Q4 2018.