PermRock Royalty Trust Unit
PRT
17 hedge funds and large institutions have $40.2M invested in PermRock Royalty Trust Unit in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
21% more funds holding
Funds holding: 14 → 17 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
3.24% less ownership
Funds ownership: 59.04% → 55.8% (-3.2%)
55% less capital invested
Capital invested by funds: $89.3M → $40.2M (-$49.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$425K |
| 2 |
Goldman Sachs
New York
|
+$302K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$268K |
| 4 |
Morgan Stanley
New York
|
+$227K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$3.95M |
| 2 |
Millennium Management
New York
|
-$1.22M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$542K |
| 4 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$230K |
| 5 |
JP Morgan Chase
New York
|
-$61K |
PRT Hedge Fund Activity: Q4 2018 in Review
17 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in PermRock Royalty Trust Unit (PRT) for Q4 2018, worth a combined $40.2M — down 55% from $89.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PRT positions and 3 closed out — a net gain of 3 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $425K. The largest seller was HITE Hedge Asset Management, cutting an estimated $3.95M.
- 17 institutional investors held PermRock Royalty Trust Unit (PRT) as of Q4 2018, up from 14 in Q3 2018.
- Funds reported $40.2M of PermRock Royalty Trust Unit stock for Q4 2018, down 55% quarter-over-quarter.
- 6 funds opened new PermRock Royalty Trust Unit positions in Q4 2018 and 3 closed out, a net change of +3 holders.
- The largest PermRock Royalty Trust Unit buyer in Q4 2018 was Marshall Wace, an estimated $425K added.
- The largest PermRock Royalty Trust Unit seller in Q4 2018 was HITE Hedge Asset Management, an estimated $3.95M sold.
Based on aggregated 13F filings for Q4 2018.