PermRock Royalty Trust Unit
PRT
14 hedge funds and large institutions have $89.3M invested in PermRock Royalty Trust Unit in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
0.13% more ownership
Funds ownership: 58.91% → 59.04% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less funds holding
Funds holding: 17 → 14 (-3)
23% less capital invested
Capital invested by funds: $116M → $89.3M (-$26.9M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.56M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$353K |
| 3 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
+$276K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$169K |
| 5 |
JP Morgan Chase
New York
|
+$73.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$1.28M |
| 2 |
RA
RR Advisors
Dallas,
Texas
|
-$811K |
| 3 |
LSA
L & S Advisors
Los Angeles,
California
|
-$676K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$413K |
| 5 |
BlackRock
New York
|
-$166K |
PRT Hedge Fund Activity: Q3 2018 in Review
14 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PermRock Royalty Trust Unit (PRT) for Q3 2018, worth a combined $89.3M — down 23% from $116M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PRT and 4 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Goldman Sachs, adding an estimated $2.56M. The largest seller was HITE Hedge Asset Management, cutting an estimated $1.28M.
- 14 institutional investors held PermRock Royalty Trust Unit (PRT) as of Q3 2018, down from 17 in Q2 2018.
- Funds reported $89.3M of PermRock Royalty Trust Unit stock for Q3 2018, down 23% quarter-over-quarter.
- 4 funds opened new PermRock Royalty Trust Unit positions in Q3 2018 and 7 closed out, a net change of -3 holders.
- The largest PermRock Royalty Trust Unit buyer in Q3 2018 was Goldman Sachs, an estimated $2.56M added.
- The largest PermRock Royalty Trust Unit seller in Q3 2018 was HITE Hedge Asset Management, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2018.