San Juan Basin Royalty Trust
SJT
87 hedge funds and large institutions have $95M invested in San Juan Basin Royalty Trust in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
41% more call options, than puts
Call options by funds: $852K | Put options by funds: $606K
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
9% more funds holding
Funds holding: 80 → 87 (+7)
1% more capital invested
Capital invested by funds: $94M → $95M (+$1.05M)
1.08% less ownership
Funds ownership: 25.72% → 24.64% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.97M |
| 2 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$659K |
| 3 |
AG
Aperio Group
Sausalito,
California
|
+$488K |
| 4 |
VF
Virtu Financial
New York
|
+$473K |
| 5 |
Two Sigma Advisers
New York
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$4.77M |
| 2 |
BMO
Beck Mack & Oliver
New York
|
-$2.95M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$458K |
| 4 |
HC
Hawkins Capital
Houston,
Texas
|
-$390K |
| 5 |
Morgan Stanley
New York
|
-$289K |
SJT Hedge Fund Activity: Q4 2017 in Review
87 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q4 2017, worth a combined $95M — up 1.1% from $94M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SJT positions and 8 closed out — a net gain of 7 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $1.97M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $4.77M sold.
- 87 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q4 2017, up from 80 in Q3 2017.
- Funds reported $95M of San Juan Basin Royalty Trust stock for Q4 2017, up 1.1% quarter-over-quarter.
- 15 funds opened new San Juan Basin Royalty Trust positions in Q4 2017 and 8 closed out, a net change of +7 holders.
- The largest San Juan Basin Royalty Trust buyer in Q4 2017 was Arrowstreet Capital, an estimated $1.97M added.
- The largest San Juan Basin Royalty Trust seller in Q4 2017 was Hilton Capital Management, an estimated $4.77M sold.
Based on aggregated 13F filings for Q4 2017.