Permian Basin Royalty Trust
69 hedge funds and large institutions have $31.5M invested in Permian Basin Royalty Trust in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 24 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
13% more capital invested
Capital invested by funds: $28M → $31.5M (+$3.53M)
1% more funds holding
Funds holding: 68 → 69 (+1)
1.24% less ownership
Funds ownership: 10.23% → 9% (-1.2%)
54% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$591K |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$138K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$131K |
| 4 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$105K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.21M |
| 2 |
Renaissance Technologies
New York
|
-$1.21M |
| 3 |
Two Sigma Investments
New York
|
-$714K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$622K |
| 5 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$454K |
PBT Hedge Fund Activity: Q1 2019 in Review
69 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q1 2019, worth a combined $31.5M — up 13% from $28M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PBT positions and 9 closed out — a net gain of 2 holders — while 11 added to existing stakes and 24 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $591K. The largest seller was Deutsche Bank, cutting an estimated $1.21M.
- 69 institutional investors held Permian Basin Royalty Trust (PBT) as of Q1 2019, up from 68 in Q4 2018.
- Funds reported $31.5M of Permian Basin Royalty Trust stock for Q1 2019, up 13% quarter-over-quarter.
- 11 funds opened new Permian Basin Royalty Trust positions in Q1 2019 and 9 closed out, a net change of +2 holders.
- The largest Permian Basin Royalty Trust buyer in Q1 2019 was Arrowstreet Capital, an estimated $591K added.
- The largest Permian Basin Royalty Trust seller in Q1 2019 was Deutsche Bank, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2019.