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SJT

San Juan Basin Royalty Trust

87 hedge funds and large institutions have $68.3M invested in San Juan Basin Royalty Trust in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 33 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $578K | Put options by funds: $449K

0.69% more ownership

Funds ownership: 24.6%25.29% (+0.69%)

7% less funds holding

Funds holding: 9487 (-7)

25% less capital invested

Capital invested by funds: $90.6M → $68.3M (-$22.3M)

42% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 33

47% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 15

Holders
87
Holders Change
-7
Holders Change %
-7.45%
% of All Funds
1.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
19
Reduced
33
Closed
15
Calls
$578K
Puts
$449K
Net Calls
+$129K
Net Calls Change
+$149K
Name Holding Trade Value Shares
Change
Change in
Stake
ASN
26
Advisory Services Network
Georgia
$236K -$51.1K -7,614 -16%
RJFSA
27
Raymond James Financial Services Advisors
Florida
$233K -$1.65K -246 -0.6%
SAM
28
Stansberry Asset Management
Texas
$232K +$70.8K +10,544 +36%
AG
29
Aperio Group
California
$222K -$427K -63,544 -62%
MF
30
Magnetar Financial
Illinois
$222K +$189K +28,201 +277%
First Manhattan
31
First Manhattan
New York
$200K -$10.7K -1,600 -4%
GCP
32
GSA Capital Partners
United Kingdom
$186K +$216K +32,134 New
Bank of Montreal
33
Bank of Montreal
Ontario, Canada
$184K
UCFA
34
United Capital Financial Advisors
Texas
$182K +$5.37K +800 +3%
VF
35
Virtu Financial
New York
$178K -$46.7K -6,948 -18%
CAN
36
Cetera Advisor Networks
California
$155K +$96K +14,301 +119%
KS
37
Karpas Strategies
Connecticut
$139K -$5.88K -875 -4%
EFSCE
38
Enterprise Financial Services Corp (EFSC)
Missouri
$122K -$19.4K -2,896 -12%
EHC
39
Everett Harris & Co
California
$110K
Commonwealth Equity Services
40
Commonwealth Equity Services
Massachusetts
$109K -$18.9K -2,808 -13%
AIM
41
Advantage Investment Management
Iowa
$104K +$121K +18,010 New
BIM
42
Baldwin Investment Management
Pennsylvania
$101K -$13.4K -2,000 -10%
SBIA
43
Sheaff Brock Investment Advisors
Indiana
$94K -$1.34K -200 -1%
UBS Group
44
UBS Group
Switzerland
$93K -$17.6K -2,616 -14%
SCM
45
Stuyvesant Capital Management
New York
$87K
Millennium Management
46
Millennium Management
New York
$87K +$101K +15,006 New
William Blair & Company
47
William Blair & Company
Illinois
$86K
SPC
48
Sigma Planning Corp
Michigan
$86K +$22.4K +3,342 +29%
DI
49
Diligent Investors
California
$79K -$672 -100 -0.7%
SAM
50
Summit Asset Management
Tennessee
$75K +$87.3K +13,000 New

SJT Hedge Fund Activity: Q2 2018 in Review

87 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q2 2018, worth a combined $68.3M — down 25% from $90.6M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of SJT and 8 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 19 added.

The largest buyer was Renaissance Technologies, adding an estimated $2.09M. The largest seller was Beck Mack & Oliver, cutting an estimated $1.27M.

  • 87 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q2 2018, down from 94 in Q1 2018.
  • Funds reported $68.3M of San Juan Basin Royalty Trust stock for Q2 2018, down 25% quarter-over-quarter.
  • 8 funds opened new San Juan Basin Royalty Trust positions in Q2 2018 and 15 closed out, a net change of -7 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q2 2018 was Renaissance Technologies, an estimated $2.09M added.
  • The largest San Juan Basin Royalty Trust seller in Q2 2018 was Beck Mack & Oliver, an estimated $1.27M sold.

Based on aggregated 13F filings for Q2 2018.