San Juan Basin Royalty Trust
SJT
102 hedge funds and large institutions have $85.9M invested in San Juan Basin Royalty Trust in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 7 closing their positions.
329% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 7
283% more call options, than puts
Call options by funds: $25.2M | Put options by funds: $6.58M
39% more capital invested
Capital invested by funds: $62M → $85.9M (+$23.9M)
23% more funds holding
Funds holding: 83 → 102 (+19)
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
2% more ownership
Funds ownership: 14.14% → 16.14% (+2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$6.12M |
| 2 |
MTC
McDaniel Terry & Co
Austin,
Texas
|
+$2.71M |
| 3 |
JFG
Jefferies Financial Group
New York
|
+$1.92M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.69M |
| 5 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.69M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$942K |
| 3 |
Walleye Capital
New York
|
-$804K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$402K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$387K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
101
Allworth Financial
Folsom,
California
| $371 | +$362 | +33 | New |
|
|
102
Acadian Asset Management
Boston,
Massachusetts
| – | -$942K | -100,221 | Closed |
|
103
BNP Paribas Financial Markets
Paris,
France
| – | -$354K | -37,632 | Closed |
|
|
104
Wolverine Trading
Chicago,
Illinois
| – | -$402K | -36,681 | Closed |
|
|
JCG
105
John C. Goff
| – | -$289K | -30,700 | Closed |
|
|
SWM
106
Selective Wealth Management
Forest,
Virginia
| – | -$3K | -300 | Closed |
|
107
JP Morgan Chase
New York
| – | +$44 | +4 | New |
|
SJT Hedge Fund Activity: Q4 2022 in Review
102 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q4 2022, worth a combined $85.9M — up 39% from $62M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SJT positions and 7 closed out — a net gain of 23 holders — while 28 added to existing stakes and 23 trimmed.
The largest buyer was K2 Principal Fund, adding an estimated $6.12M. The largest seller was Morgan Stanley, cutting an estimated $3.69M.
- 102 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q4 2022, up from 83 in Q3 2022.
- Funds reported $85.9M of San Juan Basin Royalty Trust stock for Q4 2022, up 39% quarter-over-quarter.
- 30 funds opened new San Juan Basin Royalty Trust positions in Q4 2022 and 7 closed out, a net change of +23 holders.
- The largest San Juan Basin Royalty Trust buyer in Q4 2022 was K2 Principal Fund, an estimated $6.12M added.
- The largest San Juan Basin Royalty Trust seller in Q4 2022 was Morgan Stanley, an estimated $3.69M sold.
Based on aggregated 13F filings for Q4 2022.