San Juan Basin Royalty Trust
SJT
54 hedge funds and large institutions have $13.9M invested in San Juan Basin Royalty Trust in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 8 closing their positions.
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.5% less ownership
Funds ownership: 14.7% → 14.2% (-0.5%)
5% less funds holding
Funds holding: 57 → 54 (-3)
20% less capital invested
Capital invested by funds: $17.4M → $13.9M (-$3.51M)
30% less call options, than puts
Call options by funds: $95K | Put options by funds: $136K
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$143K |
| 2 |
RC
Roundview Capital
Princeton,
New Jersey
|
+$59.1K |
| 3 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$41.9K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$35.5K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$23.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$256K |
| 2 |
Morgan Stanley
New York
|
-$140K |
| 3 |
BMO
Beck Mack & Oliver
New York
|
-$134K |
| 4 |
CIP
Cornerstone Investment Partners
Atlanta,
Georgia
|
-$76K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$62.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Two Sigma Investments
New York
| – | -$35K | -13,716 | Closed |
|
|
SS
52
Sunbelt Securities
Houston,
Texas
| – | -$28K | -11,068 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$27K | -10,700 | Closed |
|
54
Renaissance Technologies
New York
| – | -$27K | -10,700 | Closed |
|
|
CHAM
55
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$2.54K | -1,000 | Closed |
|
|
GI
56
Gradient Investments
Arden Hills,
Minnesota
| – | +$237 | +100 | New |
|
SJT Hedge Fund Activity: Q1 2020 in Review
54 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q1 2020, worth a combined $13.9M — down 20% from $17.4M a quarter earlier.
Fund positioning in SJT was balanced in Q1 2020: 8 funds opened new positions, 8 closed out, 4 added to existing stakes and 15 trimmed.
The largest buyer was WealthSource Partners, adding an estimated $143K. The largest seller was Foundation Resource Management, cutting an estimated $256K.
- 54 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q1 2020, down from 57 in Q4 2019.
- Funds reported $13.9M of San Juan Basin Royalty Trust stock for Q1 2020, down 20% quarter-over-quarter.
- 8 funds opened new San Juan Basin Royalty Trust positions in Q1 2020 and 8 closed out, a net change of 0 holders.
- The largest San Juan Basin Royalty Trust buyer in Q1 2020 was WealthSource Partners, an estimated $143K added.
- The largest San Juan Basin Royalty Trust seller in Q1 2020 was Foundation Resource Management, an estimated $256K sold.
Based on aggregated 13F filings for Q1 2020.