We are live on ! Find out more
SJT

San Juan Basin Royalty Trust
SJT

86 hedge funds and large institutions have $72.7M invested in San Juan Basin Royalty Trust in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,162% more call options, than puts

Call options by funds: $7.35M | Put options by funds: $325K

110% more capital invested

Capital invested by funds: $34.5M → $72.7M (+$38.1M)

8.96% more ownership

Funds ownership: 19.34% → 28.3% (+9%)

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

1% less funds holding

Funds holding: 87 → 86 (-1)

10% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 20

Holders
86
Holders Change
-1
Holders Change %
-1.15%
% of All Funds
1.15%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
13
Increased
18
Reduced
20
Closed
12
Calls
$7.35M
Puts
$325K
Net Calls
+$7.03M
Net Calls Change
+$6.91M

Top Buyers

Rank Fund Capital Flow
1
CC
Cannell Capital
Wyoming
+$5.73M
2
HKAM
Horizon Kinetics Asset Management
New York
+$3.09M
3
PWA
Principia Wealth Advisory
Texas
+$2.98M
4
PCM
Prelude Capital Management
New York
+$2.24M
5
KWA
Kingswood Wealth Advisors
California
+$1.31M

Top Sellers

Rank Fund Capital Flow
1
MC
Moors & Cabot
Massachusetts
-$692K
2
ATPW
Ashton Thomas Private Wealth
Arizona
-$293K
3
Bank of America
Bank of America
North Carolina
-$264K
4
Citadel Advisors
Citadel Advisors
Florida
-$235K
5
Jane Street
Jane Street
New York
-$176K
Name Holding Trade Value Shares
Change 		Change in
Stake
WC
51
Waterloo Capital
Texas
$71.3K – – –
WS
52
Wedbush Securities
California
$66K – – –
LPL Financial
53
LPL Financial
California
$65.8K -$6.28K -1,333 -10%
WA
54
Westfuller Advisors
New York
$63.2K +$53.9K +11,430 New
DIM
55
Delta Investment Management
California
$60.2K – – –
National Bank of Canada
56
National Bank of Canada
Quebec, Canada
$55.2K – – –
PC
57
Pecaut & Co
Iowa
$55.2K – – –
FGAM
58
Financial Gravity Asset Management
Texas
$35.3K +$30.1K +6,398 New
FDCDDQ
59
Federation des caisses Desjardins du Quebec
Quebec, Canada
$33.2K -$1.41K -300 -5%
CCM
60
Chilton Capital Management
Texas
$23.2K – – –
Fidelity Investments
61
Fidelity Investments
Massachusetts
$17.3K -$2.71K -575 -16%
Royal Bank of Canada
62
Royal Bank of Canada
Ontario, Canada
$17K – – –
FFA
63
Farther Finance Advisors
California
$16.8K – – –
RIL
64
Rothschild Investment LLC
Illinois
$14K – – –
BBHC
65
Brown Brothers Harriman & Co
New York
$11.1K – – –
SC
66
SouthState Corp
Florida
$11K – – –
MCM
67
Manchester Capital Management
Vermont
$10.5K – – –
SS
68
Sunbelt Securities
Texas
$7.05K – – –
MCM
69
MAI Capital Management
Ohio
$6.35K – – –
NFSG
70
Newbridge Financial Services Group
Florida
$3.99K -$6.87K -1,458 -67%
SPIA
71
Steward Partners Investment Advisory
New York
$3.3K – – –
BlackRock
72
BlackRock
New York
$3.26K -$179 -38 -6%
BF
73
BOK Financial
Oklahoma
$2.56K – – –
IA
74
IFP Advisors
Florida
$2.18K – – –
TRCT
75
Tower Research Capital (TRC)
New York
$1.86K -$5.34K -1,134 -77%
1 2
3
4

SJT Hedge Fund Activity: Q1 2025 in Review

86 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q1 2025, worth a combined $72.7M — up 110% from $34.5M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new SJT positions and 12 closed out — a net gain of 1 holder — while 18 added to existing stakes and 20 trimmed.

The largest buyer was Cannell Capital, adding an estimated $5.73M. The largest seller was Moors & Cabot, cutting an estimated $692K.

  • 86 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q1 2025, down from 87 in Q4 2024.
  • Funds reported $72.7M of San Juan Basin Royalty Trust stock for Q1 2025, up 110% quarter-over-quarter.
  • 13 funds opened new San Juan Basin Royalty Trust positions in Q1 2025 and 12 closed out, a net change of +1 holder.
  • The largest San Juan Basin Royalty Trust buyer in Q1 2025 was Cannell Capital, an estimated $5.73M added.
  • The largest San Juan Basin Royalty Trust seller in Q1 2025 was Moors & Cabot, an estimated $692K sold.

Based on aggregated 13F filings for Q1 2025.