Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Permian Basin Rty Tr (PBT)

101 + 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
↑ +7
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — PBT

Based on 104 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PBT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
104 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 — +11% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

49 buying37 selling
Last quarter: 49 funds bought or added vs 37 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new PBT position: 11 → 15 → 11 → 19. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 25% medium ■ 23% new
54 out of 104 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.
💰

Value +20% but shares only +2% — price-driven

Value
+19%
Shares
+2%
Last quarter: the total dollar value of institutional holdings rose +20%, but actual share count only changed +2%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

18 → 11 → 15 → 11 → 19 new funds/Q
New funds entering each quarter: 11 → 15 → 11 → 19. A growing number of institutions are discovering PBT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 57% veterans vs 32% newcomers

■ 57% veterans ■ 10% 1-2yr ■ 32% new
Entry-cohort mix of 105 holders: 60 (57%) are 2+ year veterans, 11 entered 1–2 years ago, and 34 (32%) 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
11 of 101 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 Q2, 49 hedge funds were net buyers of PBT (19 opened a new position, 30 added to an existing one), while 37 reduced or exited (25 trimmed, 12 sold completely) — a 57% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 104.

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.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 3 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: PBT
101 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 101 97 4.12%
13F Shares 21M 20M 2.37%
Total Value $513M $429M 19.61%
New Positions 19 11 +8
Increased Positions 29 23 +6
Closed Positions 12 15 -3
Reduced Positions 25 32 -7
Total Calls 4 4 -
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.25 Bullish

Statistics: PBT

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

101 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SoftVest Advisors, LLC 16.90% 6,217,107 $155.7M
2 Mad River Investors 9.39% 1,005,152 $25.2M
3 Atlas Wealth Partners, LLC 2.25% 82,241 $2.1M
4 Horizon Kinetics Asset Management LLC 1.91% 6,729,289 $168.5M
5 Foundation Resource Management Inc 1.82% 626,331 $15.7M
6 Promethium Advisors,LLC 0.82% 68,298 $1.7M
7 Schwartz Investment Counsel Inc 0.78% 933,719 $23.4M
8 BWM Planning, LLC 0.61% 104,397 $2.6M
9 Moors & Cabot, Inc. 0.56% 570,161 $14.3M
10 MOR Wealth Management, LLC 0.52% 52,534 $1.3M
11 Avondale Wealth Management 0.47% 46,330 $1.2M
12 Fielder Capital Group LLC 0.23% 41,726 $1.0M
13 PKS Advisory Services, LLC 0.16% 41,137 $1.0M
14 Post Resch Tallon Group Inc. 0.15% 8,402 $210K
15 Resurgent Financial Advisors LLC 0.14% 20,000 $501K
16 SteelPeak Wealth, LLC 0.13% 199,449 $5.0M
17 Financial Sense Advisors, Inc. 0.12% 25,051 $627K
18 EagleClaw Capital Managment, LLC 0.12% 36,600 $916K
19 Family Manage LLC 0.11% 42,808 $1.1M
20 Essex Financial Services, Inc. 0.07% 56,866 $1.4M
21 Advisory Services Network, LLC 0.07% 249,595 $6.2M
22 Ironwood Financial, llc 0.05% 12,300 $345K
23 Beese Fulmer Investment Management, INC. 0.04% 26,317 $659K
24 Fourpath Capital Management, LLC 0.03% 9,271 $232K
25 Lummis Asset Management, LP 0.03% 1,850 $46K
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?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PBT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PBT?

Slight buying edge — 57% buying: Last quarter: 49 funds bought or added vs 37 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PBT holders?

Smaller funds dominant — 4% AUM from top-100: 11 of 101 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?

52% of holders stayed for 2+ years: 54 out of 104 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.

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.

Full history →