Permian Basin Royalty Trust
PBT- Exchange
- NYSE
- Industry
- Oil Royalty Traders
- SEC CIK
- 0000319654
No open-market purchases or sales by Permian Basin Royalty Trust insiders were filed in the last 90 days; 100 institutions reported holding it in 13F filings for Q2 2026, worth $504.8M in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Permian Basin Royalty Trust as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 103
- +8 vs. Q3 2025
- Shares held
- 20.4M
- +815.0K (+4.2%) vs. Q3 2025
- Total value
- $345.9M
- −$10.9M (−3.0%) vs. Q3 2025
- New holders
- 15
- 30 more added
- Sold out
- 7
- 19 more reduced
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting PBT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 100 | $504.8M |
| Q1 2026 | 96 | $432.8M |
| Q4 2025 | 103 | $345.9M |
| Q3 2025 | 95 | $356.8M |
| Q2 2025 | 95 | $240.8M |
| Q1 2025 | 94 | $147.8M |
| Q4 2024 | 97 | $159.9M |
| Q3 2024 | 87 | $159.6M |
| Q2 2024 | 81 | $147.2M |
| Q1 2024 | 81 | $157.2M |
| Q4 2023 | 79 | $188.0M |
| Q3 2023 | 87 | $283.5M |
| Q2 2023 | 86 | $326.1M |
| Q1 2023 | 82 | $321.6M |
| Q4 2022 | 77 | $313.4M |
| Q3 2022 | 77 | $188.0M |
| Q2 2022 | 61 | $173.4M |
| Q1 2022 | 61 | $114.1M |
| Q4 2021 | 56 | $73.8M |
| Q3 2021 | 45 | $27.2M |
| Q2 2021 | 48 | $25.1M |
| Q1 2021 | 49 | $17.6M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Permian Basin Royalty Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| SoftVest Advisors, LLC | 6,217,107 | $105.6M | 23.74% | 00.0% | Unchanged |
| Horizon Kinetics Asset Management LLC | 6,187,800 | $105.1M | 1.42% | +88,751+1.5% | Added |
| Mad River Investors | 986,819 | $16.8M | 7.64% | +64,589+7.0% | Added |
| Schwartz Investment Counsel Inc | 967,197 | $16.4M | 0.57% | −17,475−1.8% | Reduced |
| Foundation Resource Management Inc | 642,507 | $10.9M | 1.46% | 00.0% | Unchanged |
| Moors & Cabot, Inc. | 585,746 | $9.95M | 0.43% | +55,456+10.5% | Added |
| Jane Street Group, LLC | 368,187 | $6.25M | 0.01% | +105,788+40.3% | Added |
| Hosking Partners LLP | 346,683 | $5.89M | 0.20% | +39,230+12.8% | Added |
| Commonwealth Equity Services, LLC | 259,314 | $4.40M | 0.01% | −31,263−10.8% | Reduced |
| Advisory Services Network, LLC | 246,549 | $4.19M | 0.06% | +129+0.1% | Added |
| Wells Fargo & Company | 240,538 | $4.08M | 0.00% | −1,308−0.5% | Reduced |
| MSRH, LLC | 239,040 | $4.06M | 4.53% | +239,040 | New |
| Citadel Advisors LLC | 234,748 | $3.99M | 0.00% | −12,637−5.1% | Reduced |
| LPL Financial LLC | 229,956 | $3.90M | 0.00% | −3,748−1.6% | Reduced |
| Morgan Stanley | 224,661 | $3.81M | 0.00% | +78,727+53.9% | Added |
| SEI Investments Co | 195,400 | $3.32M | 0.00% | +195,400 | New |
| Group One Trading, L.P. | 165,170 | $2.80M | 0.08% | −9,810−5.6% | Reduced |
| Lido Advisors, LLC | 122,523 | $2.24M | 0.01% | +4,182+3.5% | Added |
| Susquehanna International Group, LLP | 107,165 | $1.82M | 0.00% | −10,949−9.3% | Reduced |
| BWM Planning, LLC | 104,397 | $1.77M | 0.47% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 101,084 | $1.72M | 0.00% | +210+0.2% | Added |
| Raymond James Financial Inc | 98,543 | $1.67M | 0.00% | +12,579+14.6% | Added |
| HRT Financial LP | 86,939 | $1.48M | 0.00% | +73,371+540.8% | Added |
| Atlas Wealth Partners, LLC | 83,989 | $1.43M | 1.57% | −599−0.7% | Reduced |
| HighTower Advisors, LLC | 71,697 | $1.22M | 0.00% | +604+0.8% | Added |
| Promethium Advisors,llc | 68,318 | $1.16M | 0.63% | −100−0.1% | Reduced |
| Pathstone Holdings, LLC | 62,936 | $1.07M | 0.00% | 00.0% | Unchanged |
| Essex Financial Services, Inc. | 59,177 | $1.00M | 0.06% | +30.0% | Added |
| Bank of America Corp | 59,064 | $1.00M | 0.00% | +28,201+91.4% | Added |
| Simplex Trading, LLC | 59,028 | $1.00M | 0.03% | +13,109+28.5% | Added |
| Capital Analysts, LLC | 57,553 | $977.0K | 0.03% | +3,170+5.8% | Added |
| MOR Wealth Management, LLC | 52,534 | $892.0K | 0.41% | +52,534 | New |
| UBS Group AG | 49,370 | $838.3K | 0.00% | −98,208−66.5% | Reduced |
| Fielder Capital Group LLC | 48,218 | $818.7K | 0.17% | 00.0% | Unchanged |
| Avondale Wealth Management | 45,750 | $776.8K | 0.40% | +31,250+215.5% | Added |
| Beacon Pointe Advisors, LLC | 45,123 | $765.3K | 0.01% | 00.0% | Unchanged |
| State of Wyoming | 44,257 | $751.5K | 0.08% | +11,383+34.6% | Added |
| EagleClaw Capital Managment, LLC | 33,700 | $572.2K | 0.08% | 00.0% | Unchanged |
| Bradley Foster & Sargent Inc | 33,144 | $562.1K | 0.01% | −4,015−10.8% | Reduced |
| Steward Partners Investment Advisory, LLC | 32,217 | $547.0K | 0.00% | 00.0% | Unchanged |
| Beese Fulmer Investment Management, Inc. | 31,917 | $541.9K | 0.04% | 00.0% | Unchanged |
| Captrust Financial Advisors | 29,542 | $501.6K | 0.00% | −140−0.5% | Reduced |
| Fruth Investment Management | 25,400 | $430.0K | 0.12% | 00.0% | Unchanged |
| Financial Sense Advisors, Inc. | 25,000 | $424.5K | 0.08% | 00.0% | Unchanged |
| Family Management Corp | 21,748 | $369.3K | 0.05% | +7,001+47.5% | Added |
| Ronald Blue Trust, Inc. | 20,420 | $346.7K | 0.00% | −500−2.4% | Reduced |
| Resurgent Financial Advisors LLC | 20,000 | $339.6K | 0.17% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 19,685 | $334.2K | 0.00% | −593−2.9% | Reduced |
| Stratos Wealth Partners, LTD. | 19,481 | $330.8K | 0.00% | +51+0.3% | Added |
| CI Private Wealth, LLC | 18,891 | $320.4K | 0.00% | +51+0.3% | Added |
| Capital Investment Advisors, LLC | 18,366 | $311.5K | 0.00% | +30.0% | Added |
| Ingalls & Snyder LLC | 18,268 | $310.0K | 0.01% | −2,000−9.9% | Reduced |
| State Street Corp | 17,965 | $305.3K | 0.00% | −131−0.7% | Reduced |
| Welch Group, LLC | 17,798 | $301.9K | 0.01% | 00.0% | Unchanged |
| SCS Capital Management LLC | 17,295 | $293.6K | 0.00% | 00.0% | Unchanged |
| Creative Planning | 14,208 | $241.2K | 0.00% | −2,570−15.3% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 13,198 | $235.0K | 0.00% | +182+1.4% | Added |
| XTX Topco Ltd | 13,541 | $229.9K | 0.01% | +13,541 | New |
| Ironwood Financial, llc | 12,300 | $217.2K | 0.04% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 12,666 | $214.8K | 0.00% | 00.0% | Unchanged |
| Kingswood Wealth Advisors, LLC | 12,439 | $211.0K | 0.01% | +12,439 | New |
| Walleye Capital LLC | 12,415 | $210.8K | 0.00% | +12,415 | New |
| First Financial Bankshares Inc | 12,000 | $203.8K | 0.00% | 00.0% | Unchanged |
| Clark Asset Management, LLC | 10,000 | $169.6K | 0.02% | 00.0% | Unchanged |
| Royal Bank of Canada | 9,802 | $166.0K | 0.00% | +558+6.0% | Added |
| Russell Investments Group, Ltd. | 9,354 | $158.8K | 0.00% | 00.0% | Unchanged |
| Atlantic Union Bankshares Corp | 7,591 | $128.9K | 0.00% | +9+0.1% | Added |
| The PNC Financial Services Group, Inc. | 5,912 | $100.4K | 0.00% | 00.0% | Unchanged |
| Access Investment Management LLC | 4,000 | $73.0K | 0.02% | 00.0% | Unchanged |
| GWM Advisors LLC | 2,791 | $47.4K | 0.00% | −972−25.8% | Reduced |
| Golden State Wealth Management, LLC | 2,446 | $41.5K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 2,124 | $36.1K | 0.00% | +335+18.7% | Added |
| Advisor Group Holdings, Inc. | 2,022 | $34.3K | 0.00% | −511−20.2% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 1,953 | $33.1K | 0.00% | +1,953 | New |
| Lummis Asset Management, LP | 1,850 | $31.4K | 0.02% | 00.0% | Unchanged |
| Signature Resources Capital Management, LLC | 1,800 | $30.5K | 0.02% | 00.0% | Unchanged |
| Kestra Advisory Services, LLC | 1,634 | $27.7K | 0.00% | +1,634 | New |
| Geneos Wealth Management Inc. | 1,500 | $25.5K | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 1,385 | $23.5K | 0.01% | +1,385 | New |
| Principia Wealth Advisory, LLC | 1,333 | $22.6K | 0.01% | 00.0% | Unchanged |
| Eagle Bay Advisors LLC | 1,292 | $22.0K | 0.02% | +1,292 | New |
| Alerus Financial NA | 1,000 | $17.0K | 0.00% | 00.0% | Unchanged |
| Garton & Associates Financial Advisors LLC | 617 | $10.5K | 0.01% | +617 | New |
| BNP Paribas Arbitrage, SA | 450 | $7.64K | 0.00% | +416+1,223.5% | Added |
| Medallion Wealth Advisors, LLC | 384 | $6.51K | 0.00% | 00.0% | Unchanged |
| WealthCollab, LLC | 371 | $6.29K | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 334 | $5.66K | 0.00% | +1+0.3% | Added |
| Country Trust Bank | 300 | $5.09K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 282 | $4.79K | 0.00% | 00.0% | Unchanged |
| Barclays PLC | 273 | $4.64K | 0.00% | +273 | New |
| Fortis Group Advisors, LLC | 200 | $3.40K | 0.00% | 00.0% | Unchanged |
| PFS Partners, LLC | 200 | $3.40K | 0.00% | 00.0% | Unchanged |
| International Assets Investment Management, LLC | 200 | $3.40K | 0.00% | +200 | New |
| CoreCap Advisors, LLC | 200 | $3.39K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 142 | $2.41K | 0.00% | 00.0% | Unchanged |
| Winnow Wealth LLC | 135 | $2.29K | 0.00% | +6+4.7% | Added |
| Signaturefd, LLC | 87 | $1.48K | 0.00% | 00.0% | Unchanged |
| Sunbelt Securities, Inc. | 87 | $1.47K | 0.00% | +1+1.2% | Added |
| BlackRock, Inc. | 50 | $849 | 0.00% | +50 | New |
| TD Waterhouse Canada Inc. | 45 | $763 | 0.00% | 00.0% | Unchanged |