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, Q4 2025
Institutional positions in San Juan 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
- 90
- +4 vs. Q3 2025
- Shares held
- 15.4M
- +277.1K (+1.8%) vs. Q3 2025
- Total value
- $86.8M
- −$4.81M (−5.3%) vs. Q3 2025
- New holders
- 14
- 24 more added
- Sold out
- 10
- 26 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 82 | $55.6M |
| Q1 2026 | 89 | $79.1M |
| Q4 2025 | 90 | $86.8M |
| Q3 2025 | 88 | $91.6M |
| Q2 2025 | 86 | $90.1M |
| Q1 2025 | 86 | $72.7M |
| Q4 2024 | 87 | $34.5M |
| Q3 2024 | 77 | $26.1M |
| Q2 2024 | 76 | $24.7M |
| Q1 2024 | 82 | $38.3M |
| Q4 2023 | 97 | $24.9M |
| Q3 2023 | 99 | $27.6M |
| Q2 2023 | 100 | $47.1M |
| Q1 2023 | 93 | $72.9M |
| Q4 2022 | 102 | $85.9M |
| Q3 2022 | 83 | $62.0M |
| Q2 2022 | 86 | $50.6M |
| Q1 2022 | 77 | $56.0M |
| Q4 2021 | 62 | $34.1M |
| Q3 2021 | 58 | $24.3M |
| Q2 2021 | 51 | $34.5M |
| Q1 2021 | 43 | $26.3M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding San Juan Basin Royalty Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Horizon Kinetics Asset Management LLC | 6,231,144 | $35.0M | 0.47% | +619,163+11.0% | Added |
| Morgan Stanley | 1,156,904 | $6.50M | 0.00% | +231,407+25.0% | Added |
| Cannell Capital LLC | 835,799 | $4.70M | 3.00% | −377,325−31.1% | Reduced |
| Ashton Thomas Private Wealth, LLC | 770,224 | $4.33M | 0.11% | +132,517+20.8% | Added |
| Moors & Cabot, Inc. | 736,300 | $4.14M | 0.18% | +128,850+21.2% | Added |
| Mountaineer Partners Management, LLC | 732,351 | $4.12M | 2.30% | +13,297+1.8% | Added |
| Punch & Associates Investment Management, Inc. | 700,000 | $3.93M | 0.23% | +256,299+57.8% | Added |
| Principia Wealth Advisory, LLC | 531,022 | $2.98M | 1.87% | −47,734−8.2% | Reduced |
| LPL Financial LLC | 407,116 | $2.29M | 0.00% | −10,379−2.5% | Reduced |
| Raymond James Financial Inc | 346,112 | $1.95M | 0.00% | +39,380+12.8% | Added |
| Lesa Sroufe & Co | 340,390 | $1.91M | 1.42% | +412+0.1% | Added |
| Citadel Advisors LLC | 241,775 | $1.36M | 0.00% | +165,673+217.7% | Added |
| Advisory Services Network, LLC | 238,677 | $1.34M | 0.02% | +1,280+0.5% | Added |
| Kingswood Wealth Advisors, LLC | 191,950 | $1.08M | 0.05% | −299,950−61.0% | Reduced |
| Mraz, Amerine & Associates, Inc. | 184,236 | $1.04M | 0.15% | 00.0% | Unchanged |
| McDaniel Terry & Co | 170,288 | $957.0K | 0.08% | −147,788−46.5% | Reduced |
| Pingora Partners LLC | 135,057 | $759.0K | 0.46% | +71,111+111.2% | Added |
| Susquehanna International Group, LLP | 94,101 | $528.8K | 0.00% | −71,776−43.3% | Reduced |
| XTX Topco Ltd | 81,722 | $459.3K | 0.01% | +44,696+120.7% | Added |
| Wells Fargo & Company | 74,662 | $419.6K | 0.00% | −1,615−2.1% | Reduced |
| Royal Bank of Canada | 68,922 | $387.0K | 0.00% | +12,798+22.8% | Added |
| Delta Investment Management, LLC | 64,565 | $362.9K | 0.06% | +4,257+7.1% | Added |
| Pekin Hardy Strauss, Inc. | 53,750 | $302.1K | 0.03% | +38,750+258.3% | Added |
| Greenfield Seitz Capital Management, LLC | 53,100 | $298.4K | 0.10% | 00.0% | Unchanged |
| Creative Planning | 52,867 | $297.1K | 0.00% | −40.0% | Reduced |
| Meixler Investment Management, Ltd. | 52,100 | $292.8K | 0.18% | +2,500+5.0% | Added |
| Two Sigma Investments, LP | 47,648 | $267.8K | 0.00% | −21,375−31.0% | Reduced |
| Bank of America Corp | 45,080 | $253.3K | 0.00% | −1,562−3.3% | Reduced |
| Warren Averett Asset Management, LLC | 43,316 | $243.4K | 0.00% | 00.0% | Unchanged |
| Atlas Wealth Partners, LLC | 40,656 | $228.5K | 0.25% | +5,506+15.7% | Added |
| Financial Sense Advisors, Inc. | 40,383 | $227.0K | 0.04% | −99,351−71.1% | Reduced |
| First Financial Bankshares Inc | 37,500 | $210.8K | 0.00% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 34,037 | $191.0K | 0.00% | +34,037 | New |
| Boothbay Fund Management, LLC | 33,414 | $187.8K | 0.00% | +11,710+54.0% | Added |
| AQR Capital Management LLC | 32,482 | $182.5K | 0.00% | +32,482 | New |
| Roundview Capital LLC | 30,000 | $168.6K | 0.01% | 00.0% | Unchanged |
| Pecaut & Co. | 30,000 | $168.6K | 0.05% | 00.0% | Unchanged |
| Key Client Fiduciary Advisors, LLC | 29,660 | $166.7K | 0.06% | +29,660 | New |
| Clear Harbor Asset Management, LLC | 28,825 | $162.0K | 0.01% | 00.0% | Unchanged |
| Ingalls & Snyder LLC | 28,650 | $161.0K | 0.01% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 25,198 | $141.6K | 0.00% | −2,861−10.2% | Reduced |
| Jane Street Group, LLC | 22,427 | $126.0K | 0.00% | −7,437−24.9% | Reduced |
| Welch Group, LLC | 22,008 | $123.7K | 0.00% | 00.0% | Unchanged |
| State of Wyoming | 21,044 | $118.3K | 0.01% | −10,229−32.7% | Reduced |
| DWR Wealth Management, LLC | 20,500 | $113.0K | 0.10% | +20,500 | New |
| Beacon Pointe Advisors, LLC | 17,000 | $95.5K | 0.00% | 00.0% | Unchanged |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 15,682 | $88.1K | 0.01% | 00.0% | Unchanged |
| Beck Mack & Oliver LLC | 15,580 | $87.6K | 0.00% | −900−5.5% | Reduced |
| Financial Engines Advisors L.L.C. | 15,534 | $87.3K | 0.00% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 15,500 | $87.1K | 0.00% | +158+1.0% | Added |
| Foundation Resource Management Inc | 14,565 | $81.9K | 0.01% | 00.0% | Unchanged |
| Wedbush Securities Inc | 13,500 | $76.0K | 0.00% | 00.0% | Unchanged |
| Cetera Investment Advisers | 11,431 | $64.2K | 0.00% | +11,431 | New |
| Westfuller Advisors, LLC | 11,430 | $64.2K | 0.03% | 00.0% | Unchanged |
| V-Square Quantitative Management LLC | 11,430 | $64.2K | 0.01% | +11,430 | New |
| Cambridge Investment Research Advisors, Inc. | 11,071 | $62.0K | 0.00% | −1,000−8.3% | Reduced |
| Evernest Financial Advisors, LLC | 11,000 | $61.9K | 0.01% | +11,000 | New |
| Rahlfs Capital, LLC | 11,000 | $61.8K | 0.05% | −500−4.3% | Reduced |
| Simplex Trading, LLC | 10,532 | $59.2K | 0.00% | +2,855+37.2% | Added |
| Kovack Advisors, Inc. | 10,500 | $59.0K | 0.00% | −4,500−30.0% | Reduced |
| Pathstone Holdings, LLC | 10,424 | $58.6K | 0.00% | +10,424 | New |
| Group One Trading, L.P. | 10,387 | $58.4K | 0.00% | −12,069−53.7% | Reduced |
| CI Private Wealth, LLC | 10,129 | $56.9K | 0.00% | 00.0% | Unchanged |
| National Bank of Canada | 10,000 | $56.2K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 8,295 | $46.6K | 0.00% | −21,356−72.0% | Reduced |
| Ameriflex Group, Inc. | 5,100 | $28.7K | 0.01% | −1,900−27.1% | Reduced |
| Bryn Mawr Trust Co | 5,000 | $28.1K | 0.00% | 00.0% | Unchanged |
| Morse Asset Management, Inc | 4,400 | $24.7K | 0.00% | +2,740+165.1% | Added |
| Adkins Seale Capital Management LLC | 3,714 | $20.9K | 0.02% | +3,714 | New |
| EFG International AG | 3,100 | $17.4K | 0.00% | +3,100 | New |
| Comerica Bank | 3,030 | $17.0K | 0.00% | −912−23.1% | Reduced |
| International Assets Investment Management, LLC | 3,000 | $16.9K | 0.00% | +3,000 | New |
| FMR LLC | 2,546 | $14.3K | 0.00% | −671−20.9% | Reduced |
| Rothschild Investment LLC | 2,337 | $13.1K | 0.00% | 00.0% | Unchanged |
| South State Corp. | 2,000 | $11.2K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 1,442 | $8.11K | 0.00% | +405+39.1% | Added |
| Sunbelt Securities, Inc. | 1,275 | $7.17K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 1,150 | $6.46K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 1,042 | $6.00K | 0.00% | +1,000+2,381.0% | Added |
| Tower Research Capital LLC (TRC) | 611 | $3.43K | 0.00% | +147+31.7% | Added |
| IFP Advisors, Inc | 395 | $2.22K | 0.00% | 00.0% | Unchanged |
| BlackRock, Inc. | 376 | $2.11K | 0.00% | −206−35.4% | Reduced |
| Sofos Investments, Inc. | 366 | $2.06K | 0.00% | 00.0% | Unchanged |
| Motiv8 Investments LLC | 375 | $2.00K | 0.00% | +375 | New |
| Tucker Asset Management LLC | 264 | $1.49K | 0.00% | +264 | New |
| Allworth Financial LP | 250 | $1.41K | 0.00% | −38−13.2% | Reduced |
| UMA Financial Services, Inc. | 245 | $1.38K | 0.00% | +245 | New |
| Plante Moran Financial Advisors, LLC | 197 | $1.11K | 0.00% | 00.0% | Unchanged |
| Newbridge Financial Services Group, Inc. | 106 | $593 | 0.00% | −615−85.3% | Reduced |
| SRS Capital Advisors, Inc. | 6 | $34 | 0.00% | 00.0% | Unchanged |
| RR Advisors, LLC | 0 | $0 | 0.00% | −303,000−100.0% | Sold out |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −160,249−100.0% | Sold out |
| Heritage Trust Co | 0 | $0 | 0.00% | −30,201−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −23,554−100.0% | Sold out |
| Resources Investment Advisors, LLC. | 0 | $0 | 0.00% | −13,997−100.0% | Sold out |
| Manchester Capital Management LLC | 0 | $0 | 0.00% | −3,610−100.0% | Sold out |
| Private Wealth Asset Management, LLC | 0 | $0 | 0.00% | −1,300−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −1,185−100.0% | Sold out |
| US Bancorp | 0 | $0 | 0.00% | −206−100.0% | Sold out |
| Farther Finance Advisors, LLC | 0 | $0 | 0.00% | −70−100.0% | Sold out |