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SJT

San Juan Basin Royalty Trust

78 hedge funds and large institutions have $88.6M invested in San Juan Basin Royalty Trust in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 30 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more call options, than puts

Call options by funds: $182K | Put options by funds: $120K

36% more capital invested

Capital invested by funds: $65.3M → $88.6M (+$23.3M)

1.04% less ownership

Funds ownership: 27.21%26.17% (-1%)

4% less funds holding

Funds holding: 8178 (-3)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

63% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 30

Holders
78
Holders Change
-3
Holders Change %
-3.7%
% of All Funds
2.08%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
11
Reduced
30
Closed
10
Calls
$182K
Puts
$120K
Net Calls
+$62K
Net Calls Change
+$179K
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$39.6M -$6.96K -1,078 -0%
BMO
2
Beck Mack & Oliver
New York
$18M -$442K -68,428 -3%
RA
3
Royce & Associates
New York
$9.51M
MTC
4
McDaniel Terry & Co
Texas
$4.71M
CIBC World Market
5
CIBC World Market
Ontario, Canada
$1.9M -$270K -41,800 -14%
Bank of America
6
Bank of America
North Carolina
$1.32M -$68.6K -10,622 -6%
PCM
7
Palisade Capital Management
New Jersey
$1.09M -$52K -8,055 -5%
Morgan Stanley
8
Morgan Stanley
New York
$1.08M -$320K -49,565 -25%
MAA
9
Mraz Amerine & Associates
California
$1.04M +$20.8K +3,220 +2%
California Public Employees Retirement System
10
California Public Employees Retirement System
California
$982K +$29.1K +4,500 +3%
FRM
11
Foundation Resource Management
Arkansas
$906K
OC
12
Oppenheimer & Co
New York
$767K -$12.9K -2,000 -2%
MFP
13
Michael F. Price
$729K +$314K +48,601 +94%
First Manhattan
14
First Manhattan
New York
$699K -$17.6K -2,725 -3%
BA
15
Bard Associates
Illinois
$510K -$7.43K -1,150 -2%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$477K -$12.9K -2,000 -3%
Two Sigma Advisers
17
Two Sigma Advisers
New York
$372K -$167K -25,800 -34%
PRHC
18
P.R. Herzig & Co
New York
$364K -$776K -120,100 -71%
UBS Group
19
UBS Group
Switzerland
$363K -$345K -53,361 -52%
ANTB
20
AMG National Trust Bank
Colorado
$344K -$52K -8,056 -15%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$284K +$13K +2,008 +5%
Citadel Advisors
22
Citadel Advisors
Florida
$275K -$15.5K -2,399 -6%
WP
23
WealthSource Partners
California
$242K +$2.91K +450 +1%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$230K +$196K +30,400 +2,338%
KS
25
Karpas Strategies
Connecticut
$184K +$1.29K +200 +0.8%

SJT Hedge Fund Activity: Q2 2016 in Review

78 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q2 2016, worth a combined $88.6M — up 36% from $65.3M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of SJT and 8 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 11 added.

The largest buyer was Michael F. Price, adding an estimated $314K. The largest seller was P.R. Herzig & Co, cutting an estimated $776K.

  • 78 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q2 2016, down from 81 in Q1 2016.
  • Funds reported $88.6M of San Juan Basin Royalty Trust stock for Q2 2016, up 36% quarter-over-quarter.
  • 8 funds opened new San Juan Basin Royalty Trust positions in Q2 2016 and 10 closed out, a net change of -2 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q2 2016 was Michael F. Price, an estimated $314K added.
  • The largest San Juan Basin Royalty Trust seller in Q2 2016 was P.R. Herzig & Co, an estimated $776K sold.

Based on aggregated 13F filings for Q2 2016.