Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Permian Basin Rty Tr (PBT)

96 + Investors. Track Smart Money conviction in PBT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
1Q ▼
Buyers last Q
43%

Smart Money Signals — PBT

Based on 97 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PBT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
97 hedge funds hold PBT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+5 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 43% buying

35 buying47 selling
Last quarter: 47 funds reduced or exited vs 35 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 11 → 15 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 26% medium ■ 16% new
56 out of 97 hedge funds have held PBT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+21% value, -4% shares)

Value
+20%
Shares
-4%
Last quarter: total value of institutional PBT holdings rose +21% even though funds reduced share count by 4%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~11 new funds/quarter

11 → 17 → 11 → 15 → 11 new funds/Q
New funds entering each quarter: 17 → 11 → 15 → 11. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 65% veterans vs 25% newcomers

■ 65% veterans ■ 10% 1-2yr ■ 25% new
Entry-cohort mix of 100 holders: 65 (65%) are 2+ year veterans, 10 entered 1–2 years ago, and 25 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
14 of 95 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PBT

In 2026 Q1, 35 hedge funds were net buyers of PBT (11 opened a new position, 24 added to an existing one), while 47 reduced or exited (32 trimmed, 15 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 97.

Hedge Fund Ownership: PBT

How many hedge funds hold PBT — quarterly history vs. share price
Quarterly hedge fund ownership of PBT vs. share price

Market Analysis: PBT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PBT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Permian Basin Rty Tr (PBT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PBT has moved relative to its sector benchmark (XLE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
PBT
nan%
XLE
-10.8%

PBT outperformed XLE by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
PBT
nan%
XLE
-8.0%

Since the filing became public, PBT outperformed XLE by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

6 top-rated funds 2 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: PBT
96 + Investors

Track Smart Money conviction in PBT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 96 101 -4.95%
13F Shares 20M 21M -4.16%
Total Value $429M $356M 20.49%
New Positions 11 15 -4
Increased Positions 23 29 -6
Closed Positions 16 7 +9
Reduced Positions 31 20 +11
Total Calls 4 2 100.0%
Total Puts 1 3 -66.67%
PUT/CALL Ratio 0.25 1.5 Bullish

Statistics: PBT

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

96 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PBT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PBT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SoftVest Advisors, LLC 15.34% 6,217,107 $133.8M
2 Mad River Investors 7.77% 1,003,140 $21.6M
3 Msrh, LLC 4.53% 239,040 $4.1M
4 Atlas Wealth Partners, LLC 1.80% 81,144 $1.7M
5 Foundation Resource Management Inc 1.53% 630,207 $13.6M
6 Horizon Kinetics Asset Management LLC 1.49% 6,379,692 $137.3M
7 Promethium Advisors,LLC 0.76% 68,298 $1.5M
8 Schwartz Investment Counsel Inc 0.71% 933,719 $20.1M
9 BWM Planning, LLC 0.59% 104,397 $2.2M
10 Moors & Cabot, Inc. 0.54% 588,642 $12.7M
11 Avondale Wealth Management 0.52% 49,250 $1.1M
12 MOR Wealth Management, LLC 0.52% 52,534 $1.1M
13 Hosking Partners LLP 0.22% 280,292 $6.0M
14 Fielder Capital Group LLC 0.20% 41,726 $898K
15 Resurgent Financial Advisors LLC 0.16% 20,000 $430K
16 SteelPeak Wealth, LLC 0.13% 191,103 $4.1M
17 Financial Sense Advisors, Inc. 0.11% 25,000 $538K
18 EagleClaw Capital Managment, LLC 0.11% 35,450 $763K
19 Advisory Services Network, LLC 0.07% 251,436 $5.4M
20 Essex Financial Services, Inc. 0.07% 57,477 $1.2M
21 Family Manage LLC 0.06% 21,748 $468K
22 Ironwood Financial, llc 0.05% 12,300 $265K
23 Beese Fulmer Investment Management, INC. 0.04% 29,617 $638K
24 State of Wyoming 0.04% 15,442 $332K
25 SteelPeak Wealth, LLC 0.03% 44,000 $947K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Permian Basin Rty Tr (PBT)

What does the Smart Money Trend signal show for PBT?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PBT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PBT?

More sellers than buyers — 43% buying: Last quarter: 47 funds reduced or exited vs 35 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for PBT holders?

Smaller funds dominant — 4% AUM from top-100: 14 of 95 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PBT?

58% of holders stayed for 2+ years: 56 out of 97 hedge funds have held PBT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Permian Basin Rty Tr (PBT) following the 2026 Q1 hedge fund 13F filings?

As of today, PBT has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to -8.0% for the XLE sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), PBT has gained nan% vs -10.8% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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