San Juan Basin Royalty Trust
SJT
94 hedge funds and large institutions have $90.6M invested in San Juan Basin Royalty Trust in 2018 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 12 closing their positions.
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
8% more funds holding
Funds holding: 87 → 94 (+7)
0.05% less ownership
Funds ownership: 24.64% → 24.6% (-0.05%)
3% less call options, than puts
Call options by funds: $723K | Put options by funds: $743K
5% less capital invested
Capital invested by funds: $95M → $90.6M (-$4.48M)
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.27M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$546K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$538K |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$483K |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$1.39M |
| 2 |
Renaissance Technologies
New York
|
-$528K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$462K |
| 4 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$454K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$335K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -800 | Closed |
|
|
CBT
102
Central Bank & Trust
Lexington,
Kentucky
| – | -$7K | -791 | Closed |
|
|
SSB
103
Sandy Spring Bank
Olney,
Maryland
| – | -$2K | -300 | Closed |
|
|
AFNAS
104
American Financial Network Advisory Services
Calabasas,
California
| – | -$2K | -200 | Closed |
|
|
RFM
105
Royal Fund Management
Lady Lake,
Florida
| – | +$446 | +50 | New |
|
SJT Hedge Fund Activity: Q1 2018 in Review
94 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q1 2018, worth a combined $90.6M — down 4.7% from $95M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SJT positions and 12 closed out — a net gain of 7 holders — while 23 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.27M. The largest seller was Two Sigma Investments, cutting an estimated $1.39M.
- 94 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q1 2018, up from 87 in Q4 2017.
- Funds reported $90.6M of San Juan Basin Royalty Trust stock for Q1 2018, down 4.7% quarter-over-quarter.
- 19 funds opened new San Juan Basin Royalty Trust positions in Q1 2018 and 12 closed out, a net change of +7 holders.
- The largest San Juan Basin Royalty Trust buyer in Q1 2018 was Morgan Stanley, an estimated $1.27M added.
- The largest San Juan Basin Royalty Trust seller in Q1 2018 was Two Sigma Investments, an estimated $1.39M sold.
Based on aggregated 13F filings for Q1 2018.