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SJT

San Juan Basin Royalty Trust

62 hedge funds and large institutions have $34.1M invested in San Juan Basin Royalty Trust in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more capital invested

Capital invested by funds: $24.3M → $34.1M (+$9.79M)

31% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 13

23% more call options, than puts

Call options by funds: $1.01M | Put options by funds: $823K

7% more funds holding

Funds holding: 5862 (+4)

1.71% more ownership

Funds ownership: 10.3%12.01% (+1.7%)

21% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 14

Holders
62
Holders Change
+4
Holders Change %
+6.9%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
11
Reduced
14
Closed
13
Calls
$1.01M
Puts
$823K
Net Calls
+$186K
Net Calls Change
+$745K
Name Holding Trade Value Shares
Change
Change in
Stake
KPF
1
K2 Principal Fund
Ontario, Canada
$12.3M +$12.6M +2,014,719 New
Morgan Stanley
2
Morgan Stanley
New York
$4.03M +$1.49M +238,211 +56%
MTC
3
McDaniel Terry & Co
Texas
$3.44M
WP
4
WealthSource Partners
California
$2.79M +$115K +18,362 +4%
HighTower Advisors
5
HighTower Advisors
Illinois
$1.47M -$1.22K -195 -0.1%
MAA
6
Mraz Amerine & Associates
California
$1.37M +$991 +158 +0.1%
Wells Fargo
7
Wells Fargo
California
$976K +$91K +14,517 +10%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$755K -$131K -20,843 -14%
MFP
9
Michael F. Price
$610K
Bank of America
10
Bank of America
North Carolina
$557K -$48.9K -7,800 -8%
RC
11
Roundview Capital
New Jersey
$547K -$62.7K -10,000 -10%
Group One Trading
12
Group One Trading
Illinois
$528K +$543K +86,665 New
TFCP
13
Twin Focus Capital Partners
Massachusetts
$371K +$382K +60,924 New
Acadian Asset Management
14
Acadian Asset Management
Massachusetts
$369K +$381K +60,690 New
DIM
15
Delta Investment Management
California
$310K
CAMG
16
CWA Asset Management Group
Florida
$303K +$54.2K +8,645 +21%
Millennium Management
17
Millennium Management
New York
$278K +$286K +45,691 New
BMO
18
Beck Mack & Oliver
New York
$242K -$13.8K -2,200 -5%
ISL
19
Ingalls & Snyder LLC
New York
$228K
MIM
20
Meixler Investment Management
Arizona
$196K +$201K +32,130 New
JCG
21
John C. Goff
$187K +$192K +30,700 New
HT
22
Heritage Trust
Oklahoma
$184K
Russell Investments Group
23
Russell Investments Group
United Kingdom
$168K
RJFSA
24
Raymond James Financial Services Advisors
Florida
$166K +$10.1K +1,613 +6%
PWM
25
PRW Wealth Management
Massachusetts
$152K +$157K +25,034 New

SJT Hedge Fund Activity: Q4 2021 in Review

62 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q4 2021, worth a combined $34.1M — up 40% from $24.3M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new SJT positions and 13 closed out — a net gain of 4 holders — while 11 added to existing stakes and 14 trimmed.

The largest buyer was K2 Principal Fund, opening a new position worth an estimated $12.6M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $7.75M sold.

  • 62 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q4 2021, up from 58 in Q3 2021.
  • Funds reported $34.1M of San Juan Basin Royalty Trust stock for Q4 2021, up 40% quarter-over-quarter.
  • 17 funds opened new San Juan Basin Royalty Trust positions in Q4 2021 and 13 closed out, a net change of +4 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q4 2021 was K2 Principal Fund, an estimated $12.6M added.
  • The largest San Juan Basin Royalty Trust seller in Q4 2021 was First Eagle Investment Management, an estimated $7.75M sold.

Based on aggregated 13F filings for Q4 2021.