San Juan Basin Royalty Trust
SJT
80 hedge funds and large institutions have $85.8M invested in San Juan Basin Royalty Trust in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 11 closing their positions.
69% more call options, than puts
Call options by funds: $826K | Put options by funds: $490K
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
0.12% less ownership
Funds ownership: 27.16% → 27.04% (-0.12%)
5% less funds holding
Funds holding: 84 → 80 (-4)
6% less capital invested
Capital invested by funds: $91.3M → $85.8M (-$5.48M)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$1.13M |
| 2 |
Morgan Stanley
New York
|
+$373K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$171K |
| 4 |
Millennium Management
New York
|
+$104K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$91.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$664K |
| 2 |
BMO
Beck Mack & Oliver
New York
|
-$446K |
| 3 |
First Eagle Investment Management
New York
|
-$408K |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$393K |
| 5 |
Two Sigma Investments
New York
|
-$264K |
SJT Hedge Fund Activity: Q2 2017 in Review
80 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q2 2017, worth a combined $85.8M — down 6% from $91.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SJT and 7 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 22 added.
The largest buyer was Hilton Capital Management, adding an estimated $1.13M. The largest seller was LPL Financial, cutting an estimated $664K.
- 80 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q2 2017, down from 84 in Q1 2017.
- Funds reported $85.8M of San Juan Basin Royalty Trust stock for Q2 2017, down 6% quarter-over-quarter.
- 7 funds opened new San Juan Basin Royalty Trust positions in Q2 2017 and 11 closed out, a net change of -4 holders.
- The largest San Juan Basin Royalty Trust buyer in Q2 2017 was Hilton Capital Management, an estimated $1.13M added.
- The largest San Juan Basin Royalty Trust seller in Q2 2017 was LPL Financial, an estimated $664K sold.
Based on aggregated 13F filings for Q2 2017.