San Juan Basin Royalty Trust
SJT
100 hedge funds and large institutions have $47.1M invested in San Juan Basin Royalty Trust in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 11 closing their positions.
218% more call options, than puts
Call options by funds: $6.51M | Put options by funds: $2.05M
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
8% more funds holding
Funds holding: 93 → 100 (+7)
1.29% less ownership
Funds ownership: 14.89% → 13.6% (-1.3%)
35% less capital invested
Capital invested by funds: $72.9M → $47.1M (-$25.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.05M |
| 2 |
Jane Street
New York
|
+$703K |
| 3 |
SHWM
Silicon Hills Wealth Management
Austin,
Texas
|
+$341K |
| 4 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$341K |
| 5 |
HF
HRT Financial
New York
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$8.96M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.11M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.08M |
| 4 |
LPL Financial
San Diego,
California
|
-$659K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$604K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
LPL Financial
San Diego,
California
| – | -$659K | -62,605 | Closed |
|
102
Two Sigma Investments
New York
| – | -$515K | -49,000 | Closed |
|
|
AWCI
103
Alpine Woods Capital Investors
Purchase,
New York
| – | -$450K | -42,779 | Closed |
|
|
AWE
104
Avidian Wealth Enterprises
Houston,
Texas
| – | -$403K | -38,369 | Closed |
|
|
CCM
105
Cullen Capital Management
New York
| – | -$359K | -34,130 | Closed |
|
|
VDBMI
106
Van Den Berg Management I
Austin,
Texas
| – | -$184K | -17,500 | Closed |
|
|
SSG
107
Summit Securities Group
New York
| – | -$138K | -13,100 | Closed |
|
|
MCM
108
Manchester Capital Management
Manchester,
Vermont
| – | -$63K | -6,000 | Closed |
|
|
CWM
109
Compass Wealth Management
Guilford,
Connecticut
| – | -$3.68K | -350 | Closed |
|
|
QCG
110
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1.74K | -166 | Closed |
|
|
BEI
111
Benjamin Edwards Inc
Clayton,
Missouri
| – | -$1K | -125 | Closed |
|
SJT Hedge Fund Activity: Q2 2023 in Review
100 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q2 2023, worth a combined $47.1M — down 35% from $72.9M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SJT positions and 11 closed out — a net gain of 8 holders — while 31 added to existing stakes and 24 trimmed.
The largest buyer was Beacon Pointe Advisors, adding an estimated $1.05M. The largest seller was K2 Principal Fund, cutting an estimated $8.96M.
- 100 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q2 2023, up from 93 in Q1 2023.
- Funds reported $47.1M of San Juan Basin Royalty Trust stock for Q2 2023, down 35% quarter-over-quarter.
- 19 funds opened new San Juan Basin Royalty Trust positions in Q2 2023 and 11 closed out, a net change of +8 holders.
- The largest San Juan Basin Royalty Trust buyer in Q2 2023 was Beacon Pointe Advisors, an estimated $1.05M added.
- The largest San Juan Basin Royalty Trust seller in Q2 2023 was K2 Principal Fund, an estimated $8.96M sold.
Based on aggregated 13F filings for Q2 2023.