We are live on ! Find out more
SJT

San Juan Basin Royalty Trust
SJT

100 hedge funds and large institutions have $248M invested in San Juan Basin Royalty Trust in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 24 increasing their positions, 32 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

33% more call options, than puts

Call options by funds: $2.58M | Put options by funds: $1.94M

9% more capital invested

Capital invested by funds: $227M → $248M (+$21.2M)

6% more funds holding

Funds holding: 94 → 100 (+6)

1.08% more ownership

Funds ownership: 29.12% → 30.2% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

25% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 32

Holders
100
Holders Change
+6
Holders Change %
+6.38%
% of All Funds
2.89%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
14
Increased
24
Reduced
32
Closed
7
Calls
$2.58M
Puts
$1.94M
Net Calls
+$640K
Net Calls Change
+$1.85M

Top Buyers

Rank Fund Capital Flow
1
BMO
Beck Mack & Oliver
New York
+$10.1M
2
US Bancorp
US Bancorp
Minnesota
+$3.65M
3
WJA
Williams Jones & Associates
New York
+$1.37M
4
MWR
McAdams Wright Ragen
Washington
+$984K
5
Northern Trust
Northern Trust
Illinois
+$796K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$7.24M
2
GC
Guggenheim Capital
Illinois
-$4.71M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$718K
4
Morgan Stanley
Morgan Stanley
New York
-$268K
5
Invesco
Invesco
Georgia
-$268K
Name Holding Trade Value Shares
Change 		Change in
Stake
VKH
51
Virtu KCG Holdings
New York
$313K +$307K +17,714 New
BBI
52
Baxter Bros Inc
Connecticut
$310K -$19.1K -1,100 -6%
Group One Trading
53
Group One Trading
Illinois
$306K +$275K +15,824 +1,030%
JP Morgan Chase
54
JP Morgan Chase
New York
$300K – – –
RCAG
55
Rehmann Capital Advisory Group
Michigan
$298K +$34.8K +2,007 +13%
CIBC Private Wealth Group
56
CIBC Private Wealth Group
Georgia
$285K +$278K +16,000 New
Two Sigma Advisers
57
Two Sigma Advisers
New York
$262K +$257K +14,800 New
Goldman Sachs
58
Goldman Sachs
New York
$260K +$256K +14,745 New
Cambridge Investment Research Advisors
59
Cambridge Investment Research Advisors
Iowa
$256K -$31.3K -1,806 -11%
V
60
Veritable
Delaware
$253K – – –
Two Sigma Investments
61
Two Sigma Investments
New York
$228K +$224K +12,900 New
EHC
62
Everett Harris & Co
California
$215K – – –
LPL Financial
63
LPL Financial
California
$203K +$5.31K +306 +3%
Janney Montgomery Scott
64
Janney Montgomery Scott
Pennsylvania
$198K -$41.4K -2,384 -18%
SWM
65
Segment Wealth Management
Texas
$192K -$26K -1,500 -12%
PAG
66
Private Advisor Group
New Jersey
$184K +$181K +10,433 New
NCCM
67
Nine Chapters Capital Management
New Jersey
$180K +$177K +10,200 New
AG
68
Aperio Group
California
$177K +$174K +10,044 New
WRM
69
Westport Resources Management
Connecticut
$106K – – –
M
70
MOTCO
Texas
$101K – – –
PSI
71
Pinnacle Summer Investments
Virginia
$92K +$1.86K +107 +2%
Creative Planning
72
Creative Planning
Kansas
$85K -$677 -39 -0.8%
TRCT
73
Tower Research Capital (TRC)
New York
$84K -$39.2K -2,259 -32%
USGIU
74
U.S. Global Investors (USGI)
Texas
$52K +$52.1K +3,000 New
Bank of Montreal
75
Bank of Montreal
Ontario, Canada
$46K – – –
1 2
3
4 5

SJT Hedge Fund Activity: Q1 2014 in Review

100 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q1 2014, worth a combined $248M — up 9.3% from $227M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SJT positions and 7 closed out — a net gain of 7 holders — while 24 added to existing stakes and 32 trimmed.

The largest buyer was Beck Mack & Oliver, adding an estimated $10.1M. The largest seller was Bank of America, cutting an estimated $7.24M.

  • 100 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q1 2014, up from 94 in Q4 2013.
  • Funds reported $248M of San Juan Basin Royalty Trust stock for Q1 2014, up 9.3% quarter-over-quarter.
  • 14 funds opened new San Juan Basin Royalty Trust positions in Q1 2014 and 7 closed out, a net change of +7 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q1 2014 was Beck Mack & Oliver, an estimated $10.1M added.
  • The largest San Juan Basin Royalty Trust seller in Q1 2014 was Bank of America, an estimated $7.24M sold.

Based on aggregated 13F filings for Q1 2014.