San Juan Basin Royalty Trust
SJT
90 hedge funds and large institutions have $149M invested in San Juan Basin Royalty Trust in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 33 reducing their positions, and 16 closing their positions.
0.8% less ownership
Funds ownership: 30.59% → 29.79% (-0.8%)
1% less call options, than puts
Call options by funds: $365K | Put options by funds: $368K
7% less funds holding
Funds holding: 97 → 90 (-7)
13% less capital invested
Capital invested by funds: $171M → $149M (-$21.7M)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
48% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMO
Beck Mack & Oliver
New York
|
+$2.8M |
| 2 |
RA
Royce & Associates
New York
|
+$2.33M |
| 3 |
Morgan Stanley
New York
|
+$959K |
| 4 |
MFP
Michael F. Price
|
+$601K |
| 5 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.69M |
| 2 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$1.44M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$1.09M |
| 4 |
WJA
Williams Jones & Associates
New York
|
-$1.04M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$835K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
101
Parsons Capital Management
Providence,
Rhode Island
| – | -$20K | -1,700 | Closed |
|
102
Parallax Volatility Advisers
San Francisco,
California
| – | -$10K | -855 | Closed |
|
103
Simplex Trading
Chicago,
Illinois
| – | -$9.35K | -843 | Closed |
|
|
AC
104
Alexandria Capital
Arlington,
Virginia
| – | -$7K | -550 | Closed |
|
|
WEC
105
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$4.79K | -400 | Closed |
|
106
Creative Planning
Overland Park,
Kansas
| – | -$3K | -216 | Closed |
|
SJT Hedge Fund Activity: Q2 2015 in Review
90 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q2 2015, worth a combined $149M — down 13% from $171M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SJT and 10 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 17 added.
The largest buyer was Beck Mack & Oliver, adding an estimated $2.8M. The largest seller was Citadel Advisors, cutting an estimated $1.69M.
- 90 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q2 2015, down from 97 in Q1 2015.
- Funds reported $149M of San Juan Basin Royalty Trust stock for Q2 2015, down 13% quarter-over-quarter.
- 10 funds opened new San Juan Basin Royalty Trust positions in Q2 2015 and 16 closed out, a net change of -6 holders.
- The largest San Juan Basin Royalty Trust buyer in Q2 2015 was Beck Mack & Oliver, an estimated $2.8M added.
- The largest San Juan Basin Royalty Trust seller in Q2 2015 was Citadel Advisors, an estimated $1.69M sold.
Based on aggregated 13F filings for Q2 2015.