San Juan Basin Royalty Trust
SJT
93 hedge funds and large institutions have $72.9M invested in San Juan Basin Royalty Trust in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 29 reducing their positions, and 28 closing their positions.
89% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $6.28M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.24% less ownership
Funds ownership: 16.14% → 14.89% (-1.2%)
9% less funds holding
Funds holding: 102 → 93 (-9)
15% less capital invested
Capital invested by funds: $85.9M → $72.9M (-$13M)
17% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 29
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$13.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.94M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.44M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.1M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$968K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$12.9M |
| 2 |
MTC
McDaniel Terry & Co
Austin,
Texas
|
-$2.57M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$2.46M |
| 4 |
JFG
Jefferies Financial Group
New York
|
-$2M |
| 5 |
Morgan Stanley
New York
|
-$1.21M |
SJT Hedge Fund Activity: Q1 2023 in Review
93 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q1 2023, worth a combined $72.9M — down 15% from $85.9M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SJT and 20 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 24 added.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $13.9M. The largest seller was K2 Principal Fund, cutting an estimated $12.9M.
- 93 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q1 2023, down from 102 in Q4 2022.
- Funds reported $72.9M of San Juan Basin Royalty Trust stock for Q1 2023, down 15% quarter-over-quarter.
- 20 funds opened new San Juan Basin Royalty Trust positions in Q1 2023 and 28 closed out, a net change of -8 holders.
- The largest San Juan Basin Royalty Trust buyer in Q1 2023 was Mirae Asset Global Investments, an estimated $13.9M added.
- The largest San Juan Basin Royalty Trust seller in Q1 2023 was K2 Principal Fund, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2023.