San Juan Basin Royalty Trust
SJT
81 hedge funds and large institutions have $136M invested in San Juan Basin Royalty Trust in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 33 reducing their positions, and 14 closing their positions.
59% more call options, than puts
Call options by funds: $334K | Put options by funds: $210K
1.18% more ownership
Funds ownership: 29.79% → 30.97% (+1.2%)
9% less capital invested
Capital invested by funds: $149M → $136M (-$12.7M)
10% less funds holding
Funds holding: 90 → 81 (-9)
55% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 33
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMO
Beck Mack & Oliver
New York
|
+$8.31M |
| 2 |
RA
Royce & Associates
New York
|
+$4.08M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$412K |
| 4 |
Millennium Management
New York
|
+$239K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LH
Lebenthal Holdings
New York
|
-$1.96M |
| 2 |
Two Sigma Investments
New York
|
-$1.1M |
| 3 |
First Eagle Investment Management
New York
|
-$699K |
| 4 |
Renaissance Technologies
New York
|
-$458K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$426K |
SJT Hedge Fund Activity: Q3 2015 in Review
81 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q3 2015, worth a combined $136M — down 8.5% from $149M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SJT and 5 opened new positions — a net loss of 9 holders — while 33 trimmed existing stakes and 15 added.
The largest buyer was Beck Mack & Oliver, adding an estimated $8.31M. The largest seller was Lebenthal Holdings, cutting an estimated $1.96M.
- 81 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q3 2015, down from 90 in Q2 2015.
- Funds reported $136M of San Juan Basin Royalty Trust stock for Q3 2015, down 8.5% quarter-over-quarter.
- 5 funds opened new San Juan Basin Royalty Trust positions in Q3 2015 and 14 closed out, a net change of -9 holders.
- The largest San Juan Basin Royalty Trust buyer in Q3 2015 was Beck Mack & Oliver, an estimated $8.31M added.
- The largest San Juan Basin Royalty Trust seller in Q3 2015 was Lebenthal Holdings, an estimated $1.96M sold.
Based on aggregated 13F filings for Q3 2015.