Permian Basin Royalty Trust
87 hedge funds and large institutions have $284M invested in Permian Basin Royalty Trust in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 8 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 86 → 87 (+1)
5% more call options, than puts
Call options by funds: $7.73M | Put options by funds: $7.33M
0.53% more ownership
Funds ownership: 28.1% → 28.62% (+0.53%)
13% less capital invested
Capital invested by funds: $326M → $284M (-$42.6M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$3.23M |
| 2 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$2.99M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.55M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$823K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$715K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWP
Atlas Wealth Partners
Wyomissing,
Pennsylvania
|
-$1.5M |
| 2 |
Morgan Stanley
New York
|
-$1.19M |
| 3 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$1.06M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$863K |
| 5 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$752K |
PBT Hedge Fund Activity: Q3 2023 in Review
87 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2023, worth a combined $284M — down 13% from $326M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PBT positions and 8 closed out — a net gain of 2 holders — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Kingswood Wealth Advisors, opening a new position worth an estimated $3.23M. The largest seller was Atlas Wealth Partners, exiting entirely with an estimated $1.5M sold.
- 87 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2023, up from 86 in Q2 2023.
- Funds reported $284M of Permian Basin Royalty Trust stock for Q3 2023, down 13% quarter-over-quarter.
- 10 funds opened new Permian Basin Royalty Trust positions in Q3 2023 and 8 closed out, a net change of +2 holders.
- The largest Permian Basin Royalty Trust buyer in Q3 2023 was Kingswood Wealth Advisors, an estimated $3.23M added.
- The largest Permian Basin Royalty Trust seller in Q3 2023 was Atlas Wealth Partners, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2023.