Permian Basin Royalty Trust
61 hedge funds and large institutions have $114M invested in Permian Basin Royalty Trust in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
55% more capital invested
Capital invested by funds: $73.8M → $114M (+$40.3M)
9% more funds holding
Funds holding: 56 → 61 (+5)
4.14% more ownership
Funds ownership: 15.48% → 19.62% (+4.1%)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
72% less call options, than puts
Call options by funds: $3.17M | Put options by funds: $11.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$13.9M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$9.28M |
| 3 |
RWA
RGT Wealth Advisors
Dallas,
Texas
|
+$2.72M |
| 4 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$2.35M |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Belvedere Trading
Chicago,
Illinois
|
-$3.42M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$2.48M |
| 3 |
SC
Sinecera Capital
Austin,
Texas
|
-$1.06M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$997K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$988K |
PBT Hedge Fund Activity: Q1 2022 in Review
61 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q1 2022, worth a combined $114M — up 55% from $73.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PBT positions and 6 closed out — a net gain of 8 holders — while 11 added to existing stakes and 15 trimmed.
The largest buyer was SoftVest Advisors, adding an estimated $13.9M. The largest seller was Belvedere Trading, cutting an estimated $3.42M.
- 61 institutional investors held Permian Basin Royalty Trust (PBT) as of Q1 2022, up from 56 in Q4 2021.
- Funds reported $114M of Permian Basin Royalty Trust stock for Q1 2022, up 55% quarter-over-quarter.
- 14 funds opened new Permian Basin Royalty Trust positions in Q1 2022 and 6 closed out, a net change of +8 holders.
- The largest Permian Basin Royalty Trust buyer in Q1 2022 was SoftVest Advisors, an estimated $13.9M added.
- The largest Permian Basin Royalty Trust seller in Q1 2022 was Belvedere Trading, an estimated $3.42M sold.
Based on aggregated 13F filings for Q1 2022.