San Juan Basin Royalty Trust
SJT
97 hedge funds and large institutions have $171M invested in San Juan Basin Royalty Trust in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 40 reducing their positions, and 17 closing their positions.
0.65% less ownership
Funds ownership: 31.24% → 30.59% (-0.65%)
5% less funds holding
Funds holding: 102 → 97 (-5)
17% less capital invested
Capital invested by funds: $207M → $171M (-$36.2M)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
38% less call options, than puts
Call options by funds: $405K | Put options by funds: $649K
50% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 40
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.31M |
| 2 |
Morgan Stanley
New York
|
+$1.1M |
| 3 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$770K |
| 4 |
RA
Royce & Associates
New York
|
+$630K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Baird
Milwaukee,
Wisconsin
|
-$1.77M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.17M |
| 3 |
SCM
Seamans Capital Management
Boston,
Massachusetts
|
-$999K |
| 4 |
BMO
Beck Mack & Oliver
New York
|
-$780K |
| 5 |
LH
Lebenthal Holdings
New York
|
-$744K |
SJT Hedge Fund Activity: Q1 2015 in Review
97 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q1 2015, worth a combined $171M — down 17% from $207M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SJT and 12 opened new positions — a net loss of 5 holders — while 40 trimmed existing stakes and 20 added.
The largest buyer was Citadel Advisors, adding an estimated $2.31M. The largest seller was Baird, cutting an estimated $1.77M.
- 97 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q1 2015, down from 102 in Q4 2014.
- Funds reported $171M of San Juan Basin Royalty Trust stock for Q1 2015, down 17% quarter-over-quarter.
- 12 funds opened new San Juan Basin Royalty Trust positions in Q1 2015 and 17 closed out, a net change of -5 holders.
- The largest San Juan Basin Royalty Trust buyer in Q1 2015 was Citadel Advisors, an estimated $2.31M added.
- The largest San Juan Basin Royalty Trust seller in Q1 2015 was Baird, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2015.