San Juan Basin Royalty Trust
SJT
97 hedge funds and large institutions have $26.8M invested in San Juan Basin Royalty Trust in 2023 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 22 closing their positions.
59% more call options, than puts
Call options by funds: $1M | Put options by funds: $631K
2.79% more ownership
Funds ownership: 8.54% → 11.33% (+2.8%)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
0% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 24
3% less capital invested
Capital invested by funds: $27.6M → $26.8M (-$794K)
1% less funds holding
Funds holding: 98 → 97 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.72M |
| 2 |
BBL
Beck Bode LLC
Dedham,
Massachusetts
|
+$873K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$519K |
| 4 |
Two Sigma Investments
New York
|
+$448K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$425K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
-$1.5M |
| 2 |
Millennium Management
New York
|
-$994K |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
-$890K |
| 4 |
HF
HRT Financial
New York
|
-$382K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$236K |
SJT Hedge Fund Activity: Q4 2023 in Review
97 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q4 2023, worth a combined $26.8M — down 2.9% from $27.6M a quarter earlier.
Fund positioning in SJT was balanced in Q4 2023: 22 funds opened new positions, 22 closed out, 24 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.72M. The largest seller was Twin Focus Capital Partners, exiting entirely with an estimated $1.5M sold.
- 97 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q4 2023, down from 98 in Q3 2023.
- Funds reported $26.8M of San Juan Basin Royalty Trust stock for Q4 2023, down 2.9% quarter-over-quarter.
- 22 funds opened new San Juan Basin Royalty Trust positions in Q4 2023 and 22 closed out, a net change of 0 holders.
- The largest San Juan Basin Royalty Trust buyer in Q4 2023 was Morgan Stanley, an estimated $3.72M added.
- The largest San Juan Basin Royalty Trust seller in Q4 2023 was Twin Focus Capital Partners, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2023.