Permian Basin Royalty Trust
87 hedge funds and large institutions have $160M invested in Permian Basin Royalty Trust in 2024 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 22 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
27% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 22
8% more capital invested
Capital invested by funds: $147M → $160M (+$12.4M)
7% more funds holding
Funds holding: 81 → 87 (+6)
0.73% more ownership
Funds ownership: 28.08% → 28.81% (+0.73%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
42% less call options, than puts
Call options by funds: $2.9M | Put options by funds: $4.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$2.95M |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$844K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$792K |
| 4 |
AWP
Atlas Wealth Partners
Wyomissing,
Pennsylvania
|
+$715K |
| 5 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.86M |
| 2 |
Morgan Stanley
New York
|
-$844K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$613K |
| 4 |
LPL Financial
San Diego,
California
|
-$460K |
| 5 |
LIM
Lagoda Investment Management
New York
|
-$288K |
PBT Hedge Fund Activity: Q3 2024 in Review
87 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q3 2024, worth a combined $160M — up 8.4% from $147M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PBT positions and 9 closed out — a net gain of 7 holders — while 28 added to existing stakes and 22 trimmed.
The largest buyer was Schwartz Investment Counsel, adding an estimated $2.95M. The largest seller was UBS Group, cutting an estimated $1.86M.
- 87 institutional investors held Permian Basin Royalty Trust (PBT) as of Q3 2024, up from 81 in Q2 2024.
- Funds reported $160M of Permian Basin Royalty Trust stock for Q3 2024, up 8.4% quarter-over-quarter.
- 16 funds opened new Permian Basin Royalty Trust positions in Q3 2024 and 9 closed out, a net change of +7 holders.
- The largest Permian Basin Royalty Trust buyer in Q3 2024 was Schwartz Investment Counsel, an estimated $2.95M added.
- The largest Permian Basin Royalty Trust seller in Q3 2024 was UBS Group, an estimated $1.86M sold.
Based on aggregated 13F filings for Q3 2024.