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PBT

Permian Basin Royalty Trust

56 hedge funds and large institutions have $73.8M invested in Permian Basin Royalty Trust in 2021 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

550% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 2

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

171% more capital invested

Capital invested by funds: $27.2M → $73.8M (+$46.5M)

37% more call options, than puts

Call options by funds: $12.6M | Put options by funds: $9.2M

24% more funds holding

Funds holding: 4556 (+11)

5.28% more ownership

Funds ownership: 10.2%15.48% (+5.3%)

0% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 10

Holders
56
Holders Change
+11
Holders Change %
+24.44%
% of All Funds
0.86%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
13
Increased
10
Reduced
10
Closed
2
Calls
$12.6M
Puts
$9.2M
Net Calls
+$3.42M
Net Calls Change
+$3.31M
Name Holding Trade Value Shares
Change
Change in
Stake
SA
1
SoftVest Advisors
Texas
$28M +$4.45M +539,770 +24%
FRM
2
Foundation Resource Management
Arkansas
$7.24M -$179K -21,700 -3%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$4.79M +$3.04M +368,235 +347%
Group One Trading
4
Group One Trading
Illinois
$4.43M +$3.37M +408,829 +1,381%
HKAM
5
Horizon Kinetics Asset Management
New York
$3.85M +$445K +53,939 +16%
Belvedere Trading
6
Belvedere Trading
Illinois
$3.71M +$2.36M +286,534 New
EFS
7
Essex Financial Services
Connecticut
$3.05M +$313K +37,903 +14%
Simplex Trading
8
Simplex Trading
Illinois
$2.79M +$2.28M +276,797 New
SC
9
Sinecera Capital
Texas
$2.21M +$1.68M +203,589 New
Morgan Stanley
10
Morgan Stanley
New York
$2M -$116K -14,065 -7%
Citadel Advisors
11
Citadel Advisors
Florida
$1.65M +$1.14M +138,256 +554%
CAL
12
Capital Analysts LLC
Pennsylvania
$1.58M
CAPTRUST Financial Advisors
13
CAPTRUST Financial Advisors
North Carolina
$1.18M
MGAM
14
McGowan Group Asset Management
Texas
$987K -$8.02K -972 -1%
Wolverine Trading
15
Wolverine Trading
Illinois
$859K +$730K +88,513 New
LPL Financial
16
LPL Financial
California
$680K -$20.9K -2,538 -4%
PFO
17
Pathstone Family Office
New Jersey
$574K
CG
18
Cutler Group
California
$520K +$425K +51,487 New
RFA
19
Resurgent Financial Advisors
Georgia
$485K +$396K +48,000 New
BFIM
20
Beese Fulmer Investment Management
Ohio
$412K
CIA
21
Capital Investment Advisors
Georgia
$279K -$9.69K -1,175 -4%
KA
22
Kovack Advisors
Florida
$260K
FIM
23
Fruth Investment Management
Texas
$256K
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$255K -$15.9K -1,923 -7%
UBS Group
25
UBS Group
Switzerland
$183K -$45.5K -5,515 -23%

PBT Hedge Fund Activity: Q4 2021 in Review

56 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2021, worth a combined $73.8M — up 171% from $27.2M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new PBT positions and 2 closed out — a net gain of 11 holders — while 10 added to existing stakes and 10 trimmed.

The largest buyer was SoftVest Advisors, adding an estimated $4.45M. The largest seller was Foundation Resource Management, cutting an estimated $179K.

  • 56 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2021, up from 45 in Q3 2021.
  • Funds reported $73.8M of Permian Basin Royalty Trust stock for Q4 2021, up 171% quarter-over-quarter.
  • 13 funds opened new Permian Basin Royalty Trust positions in Q4 2021 and 2 closed out, a net change of +11 holders.
  • The largest Permian Basin Royalty Trust buyer in Q4 2021 was SoftVest Advisors, an estimated $4.45M added.
  • The largest Permian Basin Royalty Trust seller in Q4 2021 was Foundation Resource Management, an estimated $179K sold.

Based on aggregated 13F filings for Q4 2021.