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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
PAG
51
Private Advisor Group
New Jersey
$92.7K -$276 -47 -0.3%
KA
52
Kovack Advisors
Florida
$90.6K
PHS
53
Pekin Hardy Strauss
Illinois
$90.6K +$88.2K +15,000 New
FRM
54
Foundation Resource Management
Arkansas
$88K
OIA
55
OneDigital Investment Advisors
Kansas
$84.5K -$7.07K -1,202 -8%
WS
56
Wedbush Securities
California
$82K
Cambridge Investment Research Advisors
57
Cambridge Investment Research Advisors
Iowa
$73K
RC
58
Rahlfs Capital
Texas
$69.5K
WA
59
Westfuller Advisors
New York
$69K
Corient Private Wealth
60
Corient Private Wealth
Florida
$61.2K -$118K -20,131 -67%
National Bank of Canada
61
National Bank of Canada
Quebec, Canada
$60.4K
Simplex Trading
62
Simplex Trading
Illinois
$46K +$45.1K +7,677 New
AG
63
AmeriFlex Group
Nevada
$42.3K +$41.2K +7,000 New
WSFS
64
Wilmington Savings Fund Society
Delaware
$30.2K
Comerica Bank
65
Comerica Bank
Texas
$23.8K +$17.8K +3,030 +332%
MCM
66
Manchester Capital Management
Vermont
$21.8K
Fidelity Investments
67
Fidelity Investments
Massachusetts
$19.4K -$12 -2 -0.1%
RIL
68
Rothschild Investment LLC
Illinois
$14.1K -$1.18K -200 -8%
SC
69
SouthState Corp
Florida
$12.1K
MAM
70
Morse Asset Management
Connecticut
$10K +$7.12K +1,210 +269%
PWAM
71
Private Wealth Asset Management
Iowa
$7.85K
SS
72
Sunbelt Securities
Texas
$7.7K
QL
73
Quarry LP
New York
$7.16K +$6.97K +1,185 New
MCM
74
MAI Capital Management
Ohio
$6.95K
SPIA
75
Steward Partners Investment Advisory
New York
$6.26K +$2.59K +440 +74%

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.