San Juan Basin Royalty Trust
SJT
98 hedge funds and large institutions have $27.6M invested in San Juan Basin Royalty Trust in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 23 reducing their positions, and 11 closing their positions.
96% more call options, than puts
Call options by funds: $2.79M | Put options by funds: $1.42M
57% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 23
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 100 → 98 (-2)
5.06% less ownership
Funds ownership: 13.6% → 8.54% (-5.1%)
41% less capital invested
Capital invested by funds: $47.1M → $27.6M (-$19.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.03M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$787K |
| 3 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
+$180K |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$154K |
| 5 |
HF
HRT Financial
New York
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$9.92M |
| 2 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$3.76M |
| 3 |
MTC
McDaniel Terry & Co
Austin,
Texas
|
-$1.78M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$996K |
| 5 |
Jane Street
New York
|
-$893K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PIWA
101
Prevail Innovative Wealth Advisors
Leawood,
Kansas
| – | -$3.76M | -506,608 | Closed |
|
|
SSA
102
Schonfeld Strategic Advisors
New York
| – | -$996K | -134,000 | Closed |
|
|
103
Jane Street
New York
| – | -$893K | -120,220 | Closed |
|
|
QT
104
Quantbot Technologies
New York
| – | -$138K | -18,579 | Closed |
|
|
AAS
105
Avantax Advisory Services
Dallas,
Texas
| – | -$95.6K | -12,865 | Closed |
|
106
Wolverine Trading
Chicago,
Illinois
| – | -$79.9K | -11,100 | Closed |
|
|
SW
107
SVB Wealth
Boston,
Massachusetts
| – | -$78.2K | -10,525 | Closed |
|
|
VAG
108
VisionPoint Advisory Group
Dallas,
Texas
| – | -$60.3K | -8,150 | Closed |
|
109
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6.74K | -907 | Closed |
|
SJT Hedge Fund Activity: Q3 2023 in Review
98 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q3 2023, worth a combined $27.6M — down 41% from $47.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SJT and 10 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 36 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.03M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $9.92M sold.
- 98 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q3 2023, down from 100 in Q2 2023.
- Funds reported $27.6M of San Juan Basin Royalty Trust stock for Q3 2023, down 41% quarter-over-quarter.
- 10 funds opened new San Juan Basin Royalty Trust positions in Q3 2023 and 11 closed out, a net change of -1 holder.
- The largest San Juan Basin Royalty Trust buyer in Q3 2023 was Millennium Management, an estimated $1.03M added.
- The largest San Juan Basin Royalty Trust seller in Q3 2023 was Mirae Asset Global Investments, an estimated $9.92M sold.
Based on aggregated 13F filings for Q3 2023.