Permian Basin Royalty Trust
67 hedge funds and large institutions have $27.2M invested in Permian Basin Royalty Trust in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 9 closing their positions.
0.62% more ownership
Funds ownership: 9% → 9.61% (+0.62%)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
3% less funds holding
Funds holding: 69 → 67 (-2)
14% less capital invested
Capital invested by funds: $31.5M → $27.2M (-$4.28M)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$2.15M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$517K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$433K |
| 4 |
Renaissance Technologies
New York
|
+$433K |
| 5 |
Morgan Stanley
New York
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
Howard Financial Services
Dallas,
Texas
|
-$1.12M |
| 2 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$520K |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$200K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$177K |
| 5 |
RA
Royce & Associates
New York
|
-$137K |
PBT Hedge Fund Activity: Q2 2019 in Review
67 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q2 2019, worth a combined $27.2M — down 14% from $31.5M a quarter earlier.
Fund positioning in PBT was balanced in Q2 2019: 9 funds opened new positions, 9 closed out, 17 added to existing stakes and 20 trimmed.
The largest buyer was Virtus ETF Advisers, opening a new position worth an estimated $2.15M. The largest seller was Howard Financial Services, exiting entirely with an estimated $1.12M sold.
- 67 institutional investors held Permian Basin Royalty Trust (PBT) as of Q2 2019, down from 69 in Q1 2019.
- Funds reported $27.2M of Permian Basin Royalty Trust stock for Q2 2019, down 14% quarter-over-quarter.
- 9 funds opened new Permian Basin Royalty Trust positions in Q2 2019 and 9 closed out, a net change of 0 holders.
- The largest Permian Basin Royalty Trust buyer in Q2 2019 was Virtus ETF Advisers, an estimated $2.15M added.
- The largest Permian Basin Royalty Trust seller in Q2 2019 was Howard Financial Services, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2019.