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San Juan Basin Royalty Trust

SJT
Exchange
NYSE
Industry
Oil Royalty Traders
SEC CIK
0000319655

No open-market purchases or sales by San Juan Basin Royalty Trust insiders were filed in the last 90 days; 82 institutions reported holding it in 13F filings for Q2 2026, worth $55.6M in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in San Juan Basin Royalty Trust as of Jun 30, 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
86
+1 vs. Q1 2025
Shares held
15.1M
+1.88M (+14.2%) vs. Q1 2025
Total value
$90.1M
+$17.4M (+24.0%) vs. Q1 2025
New holders
16
19 more added
Sold out
15
22 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SJT 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.

Institutional holdersQ2 2025: 86 institutions
Q1 2021: 43 institutionsQ2 2021: 51 institutionsQ3 2021: 58 institutionsQ4 2021: 62 institutionsQ1 2022: 77 institutionsQ2 2022: 86 institutionsQ3 2022: 83 institutionsQ4 2022: 102 institutionsQ1 2023: 93 institutionsQ2 2023: 100 institutionsQ3 2023: 99 institutionsQ4 2023: 97 institutionsQ1 2024: 82 institutionsQ2 2024: 76 institutionsQ3 2024: 77 institutionsQ4 2024: 87 institutionsQ1 2025: 86 institutionsQ2 2025: 86 institutionsQ3 2025: 88 institutionsQ4 2025: 90 institutionsQ1 2026: 89 institutionsQ2 2026: 82 institutions
Value heldQ2 2025: $90.1M
Q1 2021: $26.3MQ2 2021: $34.5MQ3 2021: $24.3MQ4 2021: $34.1MQ1 2022: $56.0MQ2 2022: $50.6MQ3 2022: $62.0MQ4 2022: $85.9MQ1 2023: $72.9MQ2 2023: $47.1MQ3 2023: $27.6MQ4 2023: $24.9MQ1 2024: $38.3MQ2 2024: $24.7MQ3 2024: $26.1MQ4 2024: $34.5MQ1 2025: $72.7MQ2 2025: $90.1MQ3 2025: $91.6MQ4 2025: $86.8MQ1 2026: $79.1MQ2 2026: $55.6M
Institutions holding SJT and their total value by quarter
QuarterHoldersValue
Q2 202682$55.6M
Q1 202689$79.1M
Q4 202590$86.8M
Q3 202588$91.6M
Q2 202586$90.1M
Q1 202586$72.7M
Q4 202487$34.5M
Q3 202477$26.1M
Q2 202476$24.7M
Q1 202482$38.3M
Q4 202397$24.9M
Q3 202399$27.6M
Q2 2023100$47.1M
Q1 202393$72.9M
Q4 2022102$85.9M
Q3 202283$62.0M
Q2 202286$50.6M
Q1 202277$56.0M
Q4 202162$34.1M
Q3 202158$24.3M
Q2 202151$34.5M
Q1 202143$26.3M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding San Juan Basin Royalty Trust; share changes are against Q1 2025.

Institutions holding SJT in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Kinetics Asset Management LLC4,594,502$27.5M0.33%+2,124,370+86.0%Added
Cannell Capital LLC2,231,524$13.3M4.17%−813,884−26.7%Reduced
Morgan Stanley825,224$4.93M0.00%+30,945+3.9%Added
Mountaineer Partners Management, LLC719,054$4.30M2.84%00.0%Unchanged
Ashton Thomas Private Wealth, LLC641,226$3.83M0.14%+1,983+0.3%Added
Principia Wealth Advisory, LLC641,479$3.83M3.25%−12,288−1.9%Reduced
Kingswood Wealth Advisors, LLC485,815$2.90M0.23%+206,780+74.1%Added
RR Advisors, LLC416,000$2.49M0.60%00.0%Unchanged
Verition Fund Management LLC404,648$2.42M0.01%+404,648New
LPL Financial LLC401,516$2.40M0.00%+389,618+3,274.7%Added
Prelude Capital Management, LLC396,709$2.37M0.23%−274,639−40.9%Reduced
Raymond James Financial Inc338,062$2.02M0.00%+40,363+13.6%Added
Lesa Sroufe & Co336,644$2.01M1.85%+16,315+5.1%Added
McDaniel Terry & Co318,076$1.90M0.16%00.0%Unchanged
Moors & Cabot, Inc.282,350$1.69M0.08%+222,500+371.8%Added
Susquehanna International Group, LLP254,824$1.52M0.00%+11,808+4.9%Added
Advisory Services Network, LLC237,397$1.44M0.02%+189,170+392.2%Added
Mraz, Amerine & Associates, Inc.188,266$1.12M0.18%−980−0.5%Reduced
Beacon Pointe Advisors, LLC114,929$686.1K0.01%−2,000−1.7%Reduced
Wells Fargo & Company79,340$474.5K0.00%−8,775−10.0%Reduced
Pingora Partners LLC63,946$381.8K0.29%−208,842−76.6%Reduced
Delta Investment Management, LLC61,868$369.4K0.07%+50,957+467.0%Added
Two Sigma Investments, LP57,160$341.8K0.00%−35,174−38.1%Reduced
Creative Planning55,971$334.1K0.00%00.0%Unchanged
Royal Bank of Canada52,200$312.0K0.00%+49,200+1,640.0%Added
State of Wyoming50,671$303.0K0.04%−27,957−35.6%Reduced
Greenfield Seitz Capital Management, LLC49,800$297.8K0.11%−35,850−41.9%Reduced
Bank of America Corp46,514$278.2K0.00%−1,803−3.7%Reduced
Warren Averett Asset Management, LLC43,316$258.6K0.00%00.0%Unchanged
First Financial Bankshares Inc37,500$224.3K0.01%00.0%Unchanged
Atlas Wealth Partners, LLC33,650$201.0K0.23%+9,350+38.5%Added
Meixler Investment Management, Ltd.33,500$200.3K0.14%−6,950−17.2%Reduced
Group One Trading, L.P.32,792$196.1K0.01%+8,502+35.0%Added
Citadel Advisors LLC32,434$194.0K0.00%+32,434New
XTX Topco Ltd32,121$192.1K0.01%+32,121New
Advisor Group Holdings, Inc.30,275$181.0K0.00%−5,213−14.7%Reduced
CI Private Wealth, LLC30,260$181.0K0.00%+30,260New
Heritage Trust Co30,201$180.6K0.02%00.0%Unchanged
Roundview Capital LLC30,000$179.1K0.01%00.0%Unchanged
Pecaut & Co.30,000$179.1K0.06%+20,000+200.0%Added
Clear Harbor Asset Management, LLC28,825$172.4K0.01%−2,000−6.5%Reduced
Ingalls & Snyder LLC28,650$171.0K0.01%00.0%Unchanged
UBS Group AG23,300$139.3K0.00%−29,238−55.7%Reduced
Welch Group, LLC22,008$131.4K0.01%00.0%Unchanged
Beck Mack & Oliver LLC16,480$98.5K0.00%00.0%Unchanged
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors15,682$93.8K0.01%−143−0.9%Reduced
Financial Engines Advisors L.L.C.15,534$93.0K0.00%+15,534New
Private Advisor Group, LLC15,389$91.9K0.00%+15,389New
Resources Investment Advisors, LLC.15,199$90.9K0.00%00.0%Unchanged
Kovack Advisors, Inc.15,000$89.7K0.01%−5,000−25.0%Reduced
Foundation Resource Management Inc14,565$87.1K0.01%00.0%Unchanged
Wedbush Securities Inc13,500$81.0K0.00%+1,500+12.5%Added
Cambridge Investment Research Advisors, Inc.12,071$72.0K0.00%−81,452−87.1%Reduced
Rahlfs Capital, LLC11,500$68.7K0.06%+11,500New
Westfuller Advisors, LLC11,430$68.4K0.04%00.0%Unchanged
Intrepid Family Office LLC10,574$63.2K0.07%+10,574New
National Bank of Canada10,000$59.6K0.00%00.0%Unchanged
Financial Gravity Companies, Inc.6,398$38.2K0.01%+6,398New
Bryn Mawr Trust Co5,000$29.9K0.00%+5,000New
Chilton Capital Management LLC4,200$25.1K0.00%00.0%Unchanged
Manchester Capital Management LLC3,610$21.6K0.00%+1,710+90.0%Added
FMR LLC3,219$19.3K0.00%+99+3.2%Added
Rothschild Investment LLC2,537$15.2K0.00%00.0%Unchanged
BlackRock, Inc.2,051$12.3K0.00%+1,461+247.6%Added
South State Corp.2,000$11.9K0.00%00.0%Unchanged
Private Wealth Asset Management, LLC1,300$7.77K0.00%+1,300New
MAI Capital Management1,150$6.87K0.00%00.0%Unchanged
Comerica Bank912$5.45K0.00%+912New
Sunbelt Securities, Inc.1,275$4.88K0.00%00.0%Unchanged
Newbridge Financial Services Group, Inc.721$4.31K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec600$3.59K0.00%−5,400−90.0%Reduced
Steward Partners Investment Advisory, LLC597$3.57K0.00%00.0%Unchanged
Rosenberg Matthew Hamilton593$3.54K0.00%+593New
Bokf, NA462$2.76K0.00%00.0%Unchanged
Morse Asset Management, Inc450$2.69K0.00%+450New
IFP Advisors, Inc395$2.36K0.00%00.0%Unchanged
Allworth Financial LP288$1.72K0.00%−1−0.3%Reduced
Tower Research Capital LLC (TRC)265$1.58K0.00%−71−21.1%Reduced
Princeton Global Asset Management LLC250$1.49K0.00%00.0%Unchanged
Creekmur Asset Management LLC240$1.44K0.00%−2−0.8%Reduced
US Bancorp206$1.23K0.00%+206New
Cullen/Frost Bankers, Inc.200$1.20K0.00%00.0%Unchanged
Plante Moran Financial Advisors, LLC197$1.18K0.00%00.0%Unchanged
Jones Financial Companies LLLP50$2910.00%+50New
CIBC Private Wealth Group, LLC28$1660.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co1$60.00%00.0%Unchanged
Boothbay Fund Management, LLC0$00.00%−152,592−100.0%Sold out
Financial Sense Advisors, Inc.0$00.00%−144,943−100.0%Sold out
Simplex Trading, LLC0$00.00%−68,180−100.0%Sold out
Ameriflex Group, Inc.0$00.00%−47,050−100.0%Sold out
Jane Street Group, LLC0$00.00%−20,918−100.0%Sold out
Ameriprise Financial Inc0$00.00%−20,464−100.0%Sold out
Fonville Wealth Management LLC0$00.00%−18,475−100.0%Sold out
Northern Trust Corp0$00.00%−17,403−100.0%Sold out
Waterloo Capital, L.P.0$00.00%−12,910−100.0%Sold out
Farther Finance Advisors, LLC0$00.00%−3,000−100.0%Sold out
Brown Brothers Harriman & Co0$00.00%−2,000−100.0%Sold out
Sierra Ocean, LLC0$00.00%−330−100.0%Sold out
Signaturefd, LLC0$00.00%−200−100.0%Sold out
GWM Advisors LLC0$00.00%−4−100.0%Sold out