Sitio Royalties
STR was delisted on the 18th of August, 2025.
187 hedge funds and large institutions have $2.53B invested in Sitio Royalties in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 69 increasing their positions, 61 reducing their positions, and 62 closing their positions.
55% more call options, than puts
Call options by funds: $8.79M | Put options by funds: $5.66M
41.44% more ownership
Funds ownership: 99.41% → 140.86% (+41%)
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
19% more capital invested
Capital invested by funds: $2.12B → $2.53B (+$401M)
13% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 61
15% less funds holding
Funds holding: 219 → 187 (-32)
45% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KEM
Kimmeridge Energy Management
New York
|
+$906M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$43.7M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$22.1M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$17.6M |
| 5 |
Neuberger Berman Group
New York
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$26.7M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$16.5M |
| 3 |
Two Sigma Investments
New York
|
-$9.89M |
| 4 |
BlackRock
New York
|
-$9.14M |
| 5 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$8.86M |
STR Hedge Fund Activity: Q1 2023 in Review
187 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Sitio Royalties (STR) for Q1 2023, worth a combined $2.53B — up 19% from $2.12B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of STR and 34 opened new positions — a net loss of 28 holders — while 61 trimmed existing stakes and 69 added.
The largest buyer was Kimmeridge Energy Management, opening a new position worth an estimated $906M. The largest seller was Nuveen, cutting an estimated $26.7M.
- 187 institutional investors held Sitio Royalties (STR) as of Q1 2023, down from 219 in Q4 2022.
- Funds reported $2.53B of Sitio Royalties stock for Q1 2023, up 19% quarter-over-quarter.
- 34 funds opened new Sitio Royalties positions in Q1 2023 and 62 closed out, a net change of -28 holders.
- The largest Sitio Royalties buyer in Q1 2023 was Kimmeridge Energy Management, an estimated $906M added.
- The largest Sitio Royalties seller in Q1 2023 was Nuveen, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2023.