Permian Basin Royalty Trust
49 hedge funds and large institutions have $17.6M invested in Permian Basin Royalty Trust in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
31% more capital invested
Capital invested by funds: $13.4M → $17.6M (+$4.19M)
9% more funds holding
Funds holding: 45 → 49 (+4)
0.8% more ownership
Funds ownership: 8.7% → 9.5% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $8K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$930K |
| 2 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
+$631K |
| 3 |
Morgan Stanley
New York
|
+$299K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$57.6K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$56.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$204K |
| 2 |
State Street
Boston,
Massachusetts
|
-$191K |
| 3 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$64K |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$53.8K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$46.7K |
PBT Hedge Fund Activity: Q1 2021 in Review
49 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q1 2021, worth a combined $17.6M — up 31% from $13.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PBT positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was SoftVest Advisors, adding an estimated $930K. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $204K.
- 49 institutional investors held Permian Basin Royalty Trust (PBT) as of Q1 2021, up from 45 in Q4 2020.
- Funds reported $17.6M of Permian Basin Royalty Trust stock for Q1 2021, up 31% quarter-over-quarter.
- 7 funds opened new Permian Basin Royalty Trust positions in Q1 2021 and 3 closed out, a net change of +4 holders.
- The largest Permian Basin Royalty Trust buyer in Q1 2021 was SoftVest Advisors, an estimated $930K added.
- The largest Permian Basin Royalty Trust seller in Q1 2021 was Horizon Kinetics Asset Management, an estimated $204K sold.
Based on aggregated 13F filings for Q1 2021.