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PBT

Permian Basin Royalty Trust

48 hedge funds and large institutions have $7.35M invested in Permian Basin Royalty Trust in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.49% less ownership

Funds ownership: 6.84%6.36% (-0.49%)

9% less funds holding

Funds holding: 5348 (-5)

30% less capital invested

Capital invested by funds: $10.5M → $7.35M (-$3.18M)

42% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 12

59% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 17

Holders
48
Holders Change
-5
Holders Change %
-9.43%
% of All Funds
0.97%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
7
Reduced
17
Closed
12
Calls
$57K
Puts
Net Calls
+$57K
Net Calls Change
-$84K
Name Holding Trade Value Shares
Change
Change in
Stake
FRM
1
Foundation Resource Management
Arkansas
$1.98M -$34.6K -11,265 -1%
SA
2
SoftVest Advisors
Texas
$1.24M
HKAM
3
Horizon Kinetics Asset Management
New York
$940K +$39.7K +12,944 +4%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$825K -$3 -1 -0%
California Public Employees Retirement System
5
California Public Employees Retirement System
California
$271K +$16.3K +5,300 +5%
MGAM
6
McGowan Group Asset Management
Texas
$270K -$23.2K -7,566 -6%
CAPTRUST Financial Advisors
7
CAPTRUST Financial Advisors
North Carolina
$228K -$44.2K -14,401 -14%
LPL Financial
8
LPL Financial
California
$168K +$494 +161 +0.2%
State Street
9
State Street
Massachusetts
$166K -$58.9K -19,187 -22%
Morgan Stanley
10
Morgan Stanley
New York
$153K -$49.4K -16,101 -21%
WWM
11
Western Wealth Management
Colorado
$152K -$3.07K -1,000 -2%
PW
12
Price Wealth
Texas
$141K
BFIM
13
Beese Fulmer Investment Management
Ohio
$109K -$5.61K -1,828 -4%
CIA
14
Capital Investment Advisors
Georgia
$78K -$1.79K -583 -2%
IAN
15
Integrated Advisors Network
Texas
$62K
KA
16
Kovack Advisors
Florida
$60K
FIM
17
Fruth Investment Management
Texas
$59K
Osaic Holdings
18
Osaic Holdings
Arizona
$51K -$6.79K -2,211 -10%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$49K -$5.69K -1,852 -9%
Citadel Advisors
20
Citadel Advisors
Florida
$36K +$7.36K +2,398 +20%
Creative Planning
21
Creative Planning
Kansas
$35K
MFP
22
Michael F. Price
$34K
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$33K -$1.09K -356 -3%
VF
24
Virtu Financial
New York
$32K +$39.6K +12,906 New
UBS Group
25
UBS Group
Switzerland
$30K -$28.3K -9,206 -43%

PBT Hedge Fund Activity: Q3 2020 in Review

48 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2020, worth a combined $7.35M — down 30% from $10.5M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PBT and 7 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 7 added.

The largest buyer was Horizon Kinetics Asset Management, adding an estimated $39.7K. The largest seller was Laurel Wealth Advisors (California), exiting entirely with an estimated $304K sold.

  • 48 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2020, down from 53 in Q2 2020.
  • Funds reported $7.35M of Permian Basin Royalty Trust stock for Q3 2020, down 30% quarter-over-quarter.
  • 7 funds opened new Permian Basin Royalty Trust positions in Q3 2020 and 12 closed out, a net change of -5 holders.
  • The largest Permian Basin Royalty Trust buyer in Q3 2020 was Horizon Kinetics Asset Management, an estimated $39.7K added.
  • The largest Permian Basin Royalty Trust seller in Q3 2020 was Laurel Wealth Advisors (California), an estimated $304K sold.

Based on aggregated 13F filings for Q3 2020.