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PBT

Permian Basin Royalty Trust

48 hedge funds and large institutions have $25.1M invested in Permian Basin Royalty Trust in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

9,700% more call options, than puts

Call options by funds: $196K | Put options by funds: $2K

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

42% more capital invested

Capital invested by funds: $17.6M → $25.1M (+$7.44M)

0.07% more ownership

Funds ownership: 9.5%9.57% (+0.07%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 4948 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
48
Holders Change
-1
Holders Change %
-2.04%
% of All Funds
0.84%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
17
Reduced
11
Closed
7
Calls
$196K
Puts
$2K
Net Calls
+$194K
Net Calls Change
+$202K
Name Holding Trade Value Shares
Change
Change in
Stake
SA
1
SoftVest Advisors
Texas
$10.6M
FRM
2
Foundation Resource Management
Arkansas
$4.17M -$70.2K -16,109 -2%
HKAM
3
Horizon Kinetics Asset Management
New York
$1.88M -$16.8K -3,865 -1%
Morgan Stanley
4
Morgan Stanley
New York
$1.55M +$665K +152,604 +124%
EFS
5
Essex Financial Services
Connecticut
$1.17M +$904K +207,500 New
CAL
6
Capital Analysts LLC
Pennsylvania
$881K -$10.5K -2,420 -2%
CAPTRUST Financial Advisors
7
CAPTRUST Financial Advisors
North Carolina
$657K +$109K +25,000 +27%
MGAM
8
McGowan Group Asset Management
Texas
$627K +$5.86K +1,346 +1%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$378K +$178K +40,953 +155%
LPL Financial
10
LPL Financial
California
$362K +$4.66K +1,069 +2%
PFO
11
Pathstone Family Office
New Jersey
$319K
WWM
12
Western Wealth Management
Colorado
$307K +$1.31K +300 +0.6%
BFIM
13
Beese Fulmer Investment Management
Ohio
$229K -$7.4K -1,700 -4%
CIA
14
Capital Investment Advisors
Georgia
$167K -$2.61K -600 -2%
Citadel Advisors
15
Citadel Advisors
Florida
$147K +$50.8K +11,669 +81%
KA
16
Kovack Advisors
Florida
$145K +$6.53K +1,500 +6%
FIM
17
Fruth Investment Management
Texas
$142K +$6.53K +1,500 +6%
California Public Employees Retirement System
18
California Public Employees Retirement System
California
$138K -$307K -70,451 -74%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$137K +$5.17K +1,188 +5%
UBS Group
20
UBS Group
Switzerland
$135K +$18.7K +4,302 +22%
Ameriprise
21
Ameriprise
Minnesota
$126K +$2.94K +676 +3%
RJA
22
Raymond James & Associates
Florida
$98K
Wolverine Trading
23
Wolverine Trading
Illinois
$90K +$71.1K +16,318 New
Creative Planning
24
Creative Planning
Kansas
$80K +$1.34K +308 +2%
MFP
25
Michael F. Price
$78K

PBT Hedge Fund Activity: Q2 2021 in Review

48 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q2 2021, worth a combined $25.1M — up 42% from $17.6M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of PBT and 6 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 17 added.

The largest buyer was Essex Financial Services, opening a new position worth an estimated $904K. The largest seller was Fidelity Investments, cutting an estimated $1.41M.

  • 48 institutional investors held Permian Basin Royalty Trust (PBT) as of Q2 2021, down from 49 in Q1 2021.
  • Funds reported $25.1M of Permian Basin Royalty Trust stock for Q2 2021, up 42% quarter-over-quarter.
  • 6 funds opened new Permian Basin Royalty Trust positions in Q2 2021 and 7 closed out, a net change of -1 holder.
  • The largest Permian Basin Royalty Trust buyer in Q2 2021 was Essex Financial Services, an estimated $904K added.
  • The largest Permian Basin Royalty Trust seller in Q2 2021 was Fidelity Investments, an estimated $1.41M sold.

Based on aggregated 13F filings for Q2 2021.