Permian Basin Royalty Trust
68 hedge funds and large institutions have $28M 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 → $28M (-$11.5M)
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 4,488 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2018, worth a combined $28M — 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 $28M 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.