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SJT

San Juan Basin Royalty Trust

60 hedge funds and large institutions have $31.9M invested in San Juan Basin Royalty Trust in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more call options, than puts

Call options by funds: $283K | Put options by funds: $101K

0.81% less ownership

Funds ownership: 18.68%17.87% (-0.81%)

14% less funds holding

Funds holding: 7060 (-10)

29% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 14

32% less capital invested

Capital invested by funds: $46.8M → $31.9M (-$14.9M)

75% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 12

Holders
60
Holders Change
-10
Holders Change %
-14.29%
% of All Funds
1.3%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
10
Reduced
14
Closed
12
Calls
$283K
Puts
$101K
Net Calls
+$182K
Net Calls Change
-$32K
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$19.4M
RA
2
Royce & Associates
New York
$2.93M -$76.5K -17,280 -2%
MTC
3
McDaniel Terry & Co
Texas
$2.48M
BMO
4
Beck Mack & Oliver
New York
$976K -$854K -192,921 -43%
Wells Fargo
5
Wells Fargo
California
$971K +$22.9K +5,168 +2%
WP
6
WealthSource Partners
California
$789K +$71.5K +16,154 +9%
MAA
7
Mraz Amerine & Associates
California
$587K -$1.5K -340 -0.2%
FRM
8
Foundation Resource Management
Arkansas
$476K
California Public Employees Retirement System
9
California Public Employees Retirement System
California
$390K
MFP
10
Michael F. Price
$384K
Bank of America
11
Bank of America
North Carolina
$327K -$29.4K -6,641 -7%
Two Sigma Advisers
12
Two Sigma Advisers
New York
$177K -$64.6K -14,600 -24%
ISL
13
Ingalls & Snyder LLC
New York
$163K
Morgan Stanley
14
Morgan Stanley
New York
$128K -$18.2K -4,113 -11%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$116K
CIBC World Market
16
CIBC World Market
Ontario, Canada
$114K -$61.4K -13,860 -32%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$109K -$274 -62 -0.2%
KS
18
Karpas Strategies
Connecticut
$107K
CAMG
19
CWA Asset Management Group
Florida
$107K +$22.5K +5,087 +22%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$107K +$56.3K +12,727 +83%
Citadel Advisors
21
Citadel Advisors
Florida
$92K -$56.7K -12,815 -35%
UCFA
22
United Capital Financial Advisors
Texas
$89K
EFSCE
23
Enterprise Financial Services Corp (EFSC)
Missouri
$80K
EHC
24
Everett Harris & Co
California
$73K
KA
25
Kovack Advisors
Florida
$68K

SJT Hedge Fund Activity: Q2 2019 in Review

60 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q2 2019, worth a combined $31.9M — down 32% from $46.8M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of SJT and 3 opened new positions — a net loss of 9 holders — while 14 trimmed existing stakes and 10 added.

The largest buyer was WealthSource Partners, adding an estimated $71.5K. The largest seller was Beck Mack & Oliver, cutting an estimated $854K.

  • 60 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q2 2019, down from 70 in Q1 2019.
  • Funds reported $31.9M of San Juan Basin Royalty Trust stock for Q2 2019, down 32% quarter-over-quarter.
  • 3 funds opened new San Juan Basin Royalty Trust positions in Q2 2019 and 12 closed out, a net change of -9 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q2 2019 was WealthSource Partners, an estimated $71.5K added.
  • The largest San Juan Basin Royalty Trust seller in Q2 2019 was Beck Mack & Oliver, an estimated $854K sold.

Based on aggregated 13F filings for Q2 2019.