We are live on ! Find out more
SJT

San Juan Basin Royalty Trust
SJT

90 hedge funds and large institutions have $149M invested in San Juan Basin Royalty Trust in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 33 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.8% less ownership

Funds ownership: 30.59% → 29.79% (-0.8%)

1% less call options, than puts

Call options by funds: $365K | Put options by funds: $368K

7% less funds holding

Funds holding: 97 → 90 (-7)

13% less capital invested

Capital invested by funds: $171M → $149M (-$21.7M)

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

48% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 33

Holders
90
Holders Change
-7
Holders Change %
-7.22%
% of All Funds
2.42%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
17
Reduced
33
Closed
16
Calls
$365K
Puts
$368K
Net Calls
-$3K
Net Calls Change
+$241K

Top Buyers

Rank Fund Capital Flow
1
BMO
Beck Mack & Oliver
New York
+$2.8M
2
RA
Royce & Associates
New York
+$2.33M
3
Morgan Stanley
Morgan Stanley
New York
+$959K
4
MFP
Michael F. Price
+$601K
5
CCS
Crosspoint Capital Strategies
California
+$440K

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$1.69M
2
PP
Prospector Partners
Connecticut
-$1.44M
3
CIA
Capital Investment Advisors
Georgia
-$1.09M
4
WJA
Williams Jones & Associates
New York
-$1.04M
5
Deutsche Bank
Deutsche Bank
Germany
-$835K
Name Holding Trade Value Shares
Change 		Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$466K -$835K -75,315 -63%
Renaissance Technologies
27
Renaissance Technologies
New York
$458K -$833K -75,103 -64%
ANTB
28
AMG National Trust Bank
Colorado
$436K -$33.7K -3,037 -7%
BIM
29
Baldwin Investment Management
Pennsylvania
$339K -$17K -1,535 -5%
OCAM
30
Onex Canada Asset Management
Ontario, Canada
$335K – – –
DI
31
Diligent Investors
California
$291K – – –
Commonwealth Equity Services
32
Commonwealth Equity Services
Massachusetts
$275K -$1.36K -123 -0.5%
BFIM
33
Beese Fulmer Investment Management
Ohio
$260K – – –
PG
34
PEAK6 Group
Illinois
$253K +$92.4K +8,336 +55%
KS
35
Karpas Strategies
Connecticut
$244K +$251K +22,675 New
WT
36
Whittier Trust
California
$236K +$16.1K +1,455 +7%
EFSCE
37
Enterprise Financial Services Corp (EFSC)
Missouri
$226K – – –
Millennium Management
38
Millennium Management
New York
$219K -$67.2K -6,060 -23%
TAM
39
Tocqueville Asset Management
New York
$215K – – –
WF
40
Welch & Forbes
Massachusetts
$177K -$52.1K -4,701 -22%
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$166K +$3.48K +314 +2%
BCB
42
Brian C. Broderick
$162K -$3.33K -300 -2%
SPC
43
Sigma Planning Corp
Michigan
$152K +$322 +29 +0.2%
RIL
44
Rothschild Investment LLC
Illinois
$148K – – –
LPL Financial
45
LPL Financial
California
$136K +$10.7K +961 +8%
WC
46
Woodstock Corp
Massachusetts
$128K -$5.54K -500 -4%
EHC
47
Everett Harris & Co
California
$125K – – –
WJA
48
Williams Jones & Associates
New York
$121K -$1.04M -93,500 -89%
Cambridge Investment Research Advisors
49
Cambridge Investment Research Advisors
Iowa
$113K +$2.95K +266 +3%
AG
50
Aperio Group
California
$113K +$117K +10,509 New
1
2
3 4 5

SJT Hedge Fund Activity: Q2 2015 in Review

90 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q2 2015, worth a combined $149M — down 13% from $171M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of SJT and 10 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 17 added.

The largest buyer was Beck Mack & Oliver, adding an estimated $2.8M. The largest seller was Citadel Advisors, cutting an estimated $1.69M.

  • 90 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q2 2015, down from 97 in Q1 2015.
  • Funds reported $149M of San Juan Basin Royalty Trust stock for Q2 2015, down 13% quarter-over-quarter.
  • 10 funds opened new San Juan Basin Royalty Trust positions in Q2 2015 and 16 closed out, a net change of -6 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q2 2015 was Beck Mack & Oliver, an estimated $2.8M added.
  • The largest San Juan Basin Royalty Trust seller in Q2 2015 was Citadel Advisors, an estimated $1.69M sold.

Based on aggregated 13F filings for Q2 2015.