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SJT

San Juan Basin Royalty Trust

102 hedge funds and large institutions have $85.9M invested in San Juan Basin Royalty Trust in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

329% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 7

283% more call options, than puts

Call options by funds: $25.2M | Put options by funds: $6.58M

39% more capital invested

Capital invested by funds: $62M → $85.9M (+$23.9M)

23% more funds holding

Funds holding: 83102 (+19)

22% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 23

2% more ownership

Funds ownership: 14.14%16.14% (+2%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
102
Holders Change
+19
Holders Change %
+22.89%
% of All Funds
1.64%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
30
Increased
28
Reduced
23
Closed
7
Calls
$25.2M
Puts
$6.58M
Net Calls
+$18.6M
Net Calls Change
+$1.39M
Name Holding Trade Value Shares
Change
Change in
Stake
KPF
1
K2 Principal Fund
Ontario, Canada
$27.3M +$6.12M +557,893 +30%
MTC
2
McDaniel Terry & Co
Texas
$9.28M +$2.71M +247,115 +44%
WP
3
WealthSource Partners
California
$6.12M +$255K +23,259 +5%
BBL
4
Beck Bode LLC
Massachusetts
$3.49M -$22K -2,003 -0.6%
Morgan Stanley
5
Morgan Stanley
New York
$2.95M -$3.69M -336,140 -57%
MAA
6
Mraz Amerine & Associates
California
$2.63M -$27.4K -2,500 -1%
TFCP
7
Twin Focus Capital Partners
Massachusetts
$2.51M
HighTower Advisors
8
HighTower Advisors
Illinois
$2.46M -$387K -35,300 -14%
Wells Fargo
9
Wells Fargo
California
$2.08M +$612K +55,800 +44%
JFG
10
Jefferies Financial Group
New York
$2M +$1.92M +175,000 New
BI
11
Bramshill Investments
Florida
$1.76M +$1.69M +153,848 New
Two Sigma Investments
12
Two Sigma Investments
New York
$1.54M +$866K +78,913 +141%
BPA
13
Beacon Pointe Advisors
California
$1.31M +$1.26M +114,621 New
JCP
14
Jennifer C. Price
$1.14M
EFS
15
Essex Financial Services
Connecticut
$915K +$880K +80,155 New
CCM
16
Cullen Capital Management
New York
$912K
SSA
17
Schonfeld Strategic Advisors
New York
$869K +$343K +31,300 +70%
UBS Group
18
UBS Group
Switzerland
$797K +$374K +34,114 +96%
Bank of America
19
Bank of America
North Carolina
$781K -$61.9K -5,644 -8%
JW
20
Jenkins Wealth
Colorado
$687K +$662K +60,306 New
QC
21
Quadrature Capital
United Kingdom
$678K -$146K -13,317 -18%
CAMG
22
CWA Asset Management Group
Florida
$650K +$64K +5,837 +11%
Creative Planning
23
Creative Planning
Kansas
$619K -$37K -3,374 -6%
DIM
24
Delta Investment Management
California
$581K
AWM
25
AE Wealth Management
Kansas
$575K +$56.2K +5,119 +11%

SJT Hedge Fund Activity: Q4 2022 in Review

102 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q4 2022, worth a combined $85.9M — up 39% from $62M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new SJT positions and 7 closed out — a net gain of 23 holders — while 28 added to existing stakes and 23 trimmed.

The largest buyer was K2 Principal Fund, adding an estimated $6.12M. The largest seller was Morgan Stanley, cutting an estimated $3.69M.

  • 102 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q4 2022, up from 83 in Q3 2022.
  • Funds reported $85.9M of San Juan Basin Royalty Trust stock for Q4 2022, up 39% quarter-over-quarter.
  • 30 funds opened new San Juan Basin Royalty Trust positions in Q4 2022 and 7 closed out, a net change of +23 holders.
  • The largest San Juan Basin Royalty Trust buyer in Q4 2022 was K2 Principal Fund, an estimated $6.12M added.
  • The largest San Juan Basin Royalty Trust seller in Q4 2022 was Morgan Stanley, an estimated $3.69M sold.

Based on aggregated 13F filings for Q4 2022.