San Juan Basin Royalty Trust
SJT
76 hedge funds and large institutions have $24.7M invested in San Juan Basin Royalty Trust in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 14 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
0.59% more ownership
Funds ownership: 12.48% → 13.08% (+0.59%)
7% less funds holding
Funds holding: 82 → 76 (-6)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
35% less capital invested
Capital invested by funds: $38.3M → $24.7M (-$13.6M)
42% less call options, than puts
Call options by funds: $317K | Put options by funds: $551K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$4.08M |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$2.27M |
| 3 |
LSC
Lesa Sroufe & Co
Seattle,
Washington
|
+$1.19M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$820K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$14.6M |
| 2 |
BBL
Beck Bode LLC
Dedham,
Massachusetts
|
-$2.21M |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$519K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$258K |
| 5 |
GWM
Glass Wealth Management
San Antonio,
Texas
|
-$111K |
SJT Hedge Fund Activity: Q2 2024 in Review
76 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in San Juan Basin Royalty Trust (SJT) for Q2 2024, worth a combined $24.7M — down 35% from $38.3M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SJT and 10 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 20 added.
The largest buyer was Cannell Capital, opening a new position worth an estimated $4.08M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $14.6M sold.
- 76 institutional investors held San Juan Basin Royalty Trust (SJT) as of Q2 2024, down from 82 in Q1 2024.
- Funds reported $24.7M of San Juan Basin Royalty Trust stock for Q2 2024, down 35% quarter-over-quarter.
- 10 funds opened new San Juan Basin Royalty Trust positions in Q2 2024 and 14 closed out, a net change of -4 holders.
- The largest San Juan Basin Royalty Trust buyer in Q2 2024 was Cannell Capital, an estimated $4.08M added.
- The largest San Juan Basin Royalty Trust seller in Q2 2024 was Mirae Asset Global Investments, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2024.