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SJT

San Juan Basin Royalty Trust

58 hedge funds and large institutions have $24.3M invested in San Juan Basin Royalty Trust in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

45% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 11

14% more funds holding

Funds holding: 5158 (+7)

4.1% less ownership

Funds ownership: 14.4%10.3% (-4.1%)

30% less capital invested

Capital invested by funds: $34.5M → $24.3M (-$10.2M)

42% less call options, than puts

Call options by funds: $761K | Put options by funds: $1.32M

Holders
58
Holders Change
+7
Holders Change %
+13.73%
% of All Funds
1.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
16
Reduced
11
Closed
6
Calls
$761K
Puts
$1.32M
Net Calls
-$559K
Net Calls Change
-$873K
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$7.75M -$12.4M -2,567,857 -63%
MTC
2
McDaniel Terry & Co
Texas
$2.86M
WP
3
WealthSource Partners
California
$2.22M +$43K +8,870 +2%
Morgan Stanley
4
Morgan Stanley
New York
$2.14M +$1.22M +251,562 +147%
HighTower Advisors
5
HighTower Advisors
Illinois
$1.23M +$1.17M +242,065 New
MAA
6
Mraz Amerine & Associates
California
$1.14M -$8.54K -1,764 -0.8%
Wells Fargo
7
Wells Fargo
California
$737K +$43.2K +8,914 +7%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$733K +$251K +51,764 +56%
MFP
9
Michael F. Price
$507K
RC
10
Roundview Capital
New Jersey
$507K
Bank of America
11
Bank of America
North Carolina
$503K -$36.9K -7,625 -7%
Two Sigma Investments
12
Two Sigma Investments
New York
$340K +$325K +67,199 New
Creative Planning
13
Creative Planning
Kansas
$279K +$268K +55,235 New
DIM
14
Delta Investment Management
California
$258K -$53 -11 -0%
Citadel Advisors
15
Citadel Advisors
Florida
$235K +$93K +19,211 +71%
BMO
16
Beck Mack & Oliver
New York
$212K -$17.9K -3,700 -8%
CAMG
17
CWA Asset Management Group
Florida
$208K +$199K +41,132 New
ISL
18
Ingalls & Snyder LLC
New York
$189K
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$164K
Marshall Wace
20
Marshall Wace
United Kingdom
$154K +$147K +30,350 New
HT
21
Heritage Trust
Oklahoma
$153K
Russell Investments Group
22
Russell Investments Group
United Kingdom
$140K +$52.8K +10,900 +65%
RJA
23
Raymond James & Associates
Florida
$132K +$77K +15,900 +156%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$130K +$9.17K +1,894 +8%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$126K -$35.3K -7,281 -23%

SJT Hedge Fund Activity: Q3 2021 in Review

58 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q3 2021, worth a combined $24.3M — down 30% from $34.5M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new SJT positions and 6 closed out — a net gain of 7 holders — while 16 added to existing stakes and 11 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.22M. The largest seller was First Eagle Investment Management, cutting an estimated $12.4M.

  • 58 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q3 2021, up from 51 in Q2 2021.
  • Funds reported $24.3M of San Juan Basin Royalty Trust stock for Q3 2021, down 30% quarter-over-quarter.
  • 13 funds opened new San Juan Basin Royalty Trust positions in Q3 2021 and 6 closed out, a net change of +7 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q3 2021 was Morgan Stanley, an estimated $1.22M added.
  • The largest San Juan Basin Royalty Trust seller in Q3 2021 was First Eagle Investment Management, an estimated $12.4M sold.

Based on aggregated 13F filings for Q3 2021.