San Juan Basin Royalty Trust
SJT
85 hedge funds and large institutions have $55.8M invested in San Juan Basin Royalty Trust in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 14 closing their positions.
1.15% less ownership
Funds ownership: 25.29% → 24.13% (-1.2%)
2% less funds holding
Funds holding: 87 → 85 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
18% less capital invested
Capital invested by funds: $68.3M → $55.8M (-$12.4M)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
86% less call options, than puts
Call options by funds: $83K | Put options by funds: $593K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$835K |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$457K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$390K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$177K |
| 5 |
Renaissance Technologies
New York
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.49M |
| 2 |
BMO
Beck Mack & Oliver
New York
|
-$1.19M |
| 3 |
RA
Royce & Associates
New York
|
-$619K |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$575K |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$415K |
SJT Hedge Fund Activity: Q3 2018 in Review
85 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q3 2018, worth a combined $55.8M — down 18% from $68.3M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SJT and 12 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 16 added.
The largest buyer was Deutsche Bank, adding an estimated $835K. The largest seller was Arrowstreet Capital, cutting an estimated $1.49M.
- 85 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q3 2018, down from 87 in Q2 2018.
- Funds reported $55.8M of San Juan Basin Royalty Trust stock for Q3 2018, down 18% quarter-over-quarter.
- 12 funds opened new San Juan Basin Royalty Trust positions in Q3 2018 and 14 closed out, a net change of -2 holders.
- The largest San Juan Basin Royalty Trust buyer in Q3 2018 was Deutsche Bank, an estimated $835K added.
- The largest San Juan Basin Royalty Trust seller in Q3 2018 was Arrowstreet Capital, an estimated $1.49M sold.
Based on aggregated 13F filings for Q3 2018.