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SJT

San Juan Basin Royalty Trust

88 hedge funds and large institutions have $91.6M invested in San Juan Basin Royalty Trust in 2025 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

231% more call options, than puts

Call options by funds: $2.58M | Put options by funds: $780K

27% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 11

2% more funds holding

Funds holding: 8688 (+2)

2% more capital invested

Capital invested by funds: $90.1M → $91.6M (+$1.56M)

0.23% more ownership

Funds ownership: 32.31%32.55% (+0.23%)

10% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 21

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
88
Holders Change
+2
Holders Change %
+2.33%
% of All Funds
1.15%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
19
Reduced
21
Closed
11
Calls
$2.58M
Puts
$780K
Net Calls
+$1.8M
Net Calls Change
-$284K
Name Holding Trade Value Shares
Change
Change in
Stake
GSCM
26
Greenfield Seitz Capital Management
Texas
$321K +$19.4K +3,300 +7%
Creative Planning
27
Creative Planning
Kansas
$319K -$18.2K -3,100 -6%
MIM
28
Meixler Investment Management
Arizona
$300K +$94.7K +16,100 +48%
Bank of America
29
Bank of America
North Carolina
$282K +$753 +128 +0.3%
WA
30
Waverly Advisors
Alabama
$262K
FFB
31
First Financial Bankshares
Texas
$227K
XT
32
XTX Topco
Cayman Islands
$224K +$28.8K +4,905 +15%
AWP
33
Atlas Wealth Partners
Pennsylvania
$212K +$8.82K +1,500 +4%
SOW
34
State of Wyoming
Wyoming
$189K -$114K -19,398 -38%
HT
35
Heritage Trust
Oklahoma
$182K
PC
36
Pecaut & Co
Iowa
$181K
RC
37
Roundview Capital
New Jersey
$181K
Jane Street
38
Jane Street
New York
$180K +$176K +29,864 New
UBS Group
39
UBS Group
Switzerland
$179K +$37.3K +6,351 +27%
CHAM
40
Clear Harbor Asset Management
Connecticut
$174K
ISL
41
Ingalls & Snyder LLC
New York
$173K
Osaic Holdings
42
Osaic Holdings
Arizona
$163K -$13K -2,216 -7%
QC
43
Quadrature Capital
United Kingdom
$143K +$139K +23,554 New
Group One Trading
44
Group One Trading
Illinois
$136K -$60.8K -10,336 -32%
WG
45
Welch Group
Alabama
$133K
BFM
46
Boothbay Fund Management
New York
$131K +$128K +21,704 New
BPA
47
Beacon Pointe Advisors
California
$103K -$576K -97,929 -85%
BMO
48
Beck Mack & Oliver
New York
$99.5K
BCA
49
Bay Colony Advisors
Massachusetts
$94.7K
Financial Engines Advisors
50
Financial Engines Advisors
California
$93.8K

SJT Hedge Fund Activity: Q3 2025 in Review

88 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q3 2025, worth a combined $91.6M — up 1.7% from $90.1M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SJT positions and 11 closed out — a net gain of 3 holders — while 19 added to existing stakes and 21 trimmed.

The largest buyer was Horizon Kinetics Asset Management, adding an estimated $5.98M. The largest seller was Cannell Capital, cutting an estimated $5.99M.

  • 88 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q3 2025, up from 86 in Q2 2025.
  • Funds reported $91.6M of San Juan Basin Royalty Trust stock for Q3 2025, up 1.7% quarter-over-quarter.
  • 14 funds opened new San Juan Basin Royalty Trust positions in Q3 2025 and 11 closed out, a net change of +3 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q3 2025 was Horizon Kinetics Asset Management, an estimated $5.98M added.
  • The largest San Juan Basin Royalty Trust seller in Q3 2025 was Cannell Capital, an estimated $5.99M sold.

Based on aggregated 13F filings for Q3 2025.