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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, Q1 2026

Institutional positions in San Juan Basin Royalty Trust as of Mar 31, 2026. 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
89
+1 vs. Q4 2025
Shares held
16.5M
+1.01M (+6.6%) vs. Q4 2025
Total value
$79.1M
−$7.70M (−8.9%) vs. Q4 2025
New holders
9
27 more added
Sold out
8
15 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 89 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 heldQ1 2026: $79.1M
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, Q1 2026

Shares, value and share of portfolio for each institution holding San Juan Basin Royalty Trust; share changes are against Q4 2025.

Institutions holding SJT in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Kinetics Asset Management LLC6,978,841$33.6M0.36%+747,697+12.0%Added
Morgan Stanley1,618,089$7.78M0.00%+461,185+39.9%Added
Punch & Associates Investment Management, Inc.939,225$4.52M0.26%+239,225+34.2%Added
Cannell Capital LLC909,463$4.37M2.84%+73,664+8.8%Added
Ashton Thomas Private Wealth, LLC867,711$4.17M0.10%+97,487+12.7%Added
Moors & Cabot, Inc.851,880$4.10M0.18%+115,580+15.7%Added
Marshall Wace, LLP393,635$1.89M0.00%+393,635New
LPL Financial LLC380,209$1.83M0.00%−26,907−6.6%Reduced
Lesa Sroufe & Co346,870$1.67M1.14%+6,480+1.9%Added
McDaniel Terry & Co318,076$1.53M0.13%+147,788+86.8%Added
Raymond James Financial Inc293,512$1.41M0.00%−52,600−15.2%Reduced
Advisory Services Network, LLC242,377$1.17M0.02%+3,700+1.6%Added
Mraz, Amerine & Associates, Inc.184,236$884.3K0.13%00.0%Unchanged
Kingswood Wealth Advisors, LLC165,950$796.6K0.04%−26,000−13.5%Reduced
Citadel Advisors LLC154,244$741.9K0.00%−87,531−36.2%Reduced
Pingora Partners LLC135,057$648.3K0.38%00.0%Unchanged
Beacon Pointe Advisors, LLC118,334$568.0K0.00%+101,334+596.1%Added
XTX Topco Ltd95,890$461.2K0.01%+14,168+17.3%Added
Advisor Group Holdings, Inc.88,250$424.5K0.00%+63,052+250.2%Added
Susquehanna International Group, LLP80,312$386.3K0.00%−13,789−14.7%Reduced
Wells Fargo & Company74,424$358.0K0.00%−238−0.3%Reduced
Royal Bank of Canada70,600$340.0K0.00%+1,678+2.4%Added
Delta Investment Management, LLC57,446$275.7K0.05%−7,119−11.0%Reduced
Pekin Hardy Strauss, Inc.56,750$273.0K0.03%+3,000+5.6%Added
Two Sigma Investments, LP53,840$259.0K0.00%+6,192+13.0%Added
Greenfield Seitz Capital Management, LLC53,100$255.4K0.08%00.0%Unchanged
Creative Planning52,867$253.8K0.00%00.0%Unchanged
Meixler Investment Management, Ltd.53,900$252.8K0.14%+1,800+3.5%Added
Jane Street Group, LLC47,640$229.1K0.00%+25,213+112.4%Added
Bank of America Corp45,080$216.8K0.00%00.0%Unchanged
Warren Averett Asset Management, LLC44,316$212.7K0.00%+1,000+2.3%Added
Atlas Wealth Partners, LLC42,106$202.1K0.21%+1,450+3.6%Added
First Financial Bankshares Inc37,500$180.4K0.00%00.0%Unchanged
State of Wyoming36,596$176.0K0.02%+15,552+73.9%Added
Janney Montgomery Scott LLC33,687$162.0K0.00%−350−1.0%Reduced
Key Client Fiduciary Advisors, LLC32,575$156.4K0.05%+2,915+9.8%Added
AQR Capital Management LLC32,482$156.2K0.00%00.0%Unchanged
Welch Group, LLC30,008$144.0K0.01%+8,000+36.4%Added
Roundview Capital LLC30,000$144.0K0.01%00.0%Unchanged
Clear Harbor Asset Management, LLC28,825$138.6K0.01%00.0%Unchanged
Ingalls & Snyder LLC28,650$138.0K0.00%00.0%Unchanged
DWR Wealth Management, LLC20,500$101.3K0.09%00.0%Unchanged
GK Wealth Management LLC20,500$101.3K0.09%+20,500New
UBS Group AG19,796$95.2K0.00%+11,501+138.6%Added
Quadrature Capital Ltd19,652$94.5K0.00%+19,652New
Private Advisor Group, LLC15,712$75.4K0.00%+212+1.4%Added
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors15,682$75.4K0.01%00.0%Unchanged
Beck Mack & Oliver LLC15,580$74.9K0.00%00.0%Unchanged
Financial Engines Advisors L.L.C.15,534$74.7K0.00%00.0%Unchanged
Foundation Resource Management Inc14,565$70.1K0.01%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.14,071$68.0K0.00%+3,000+27.1%Added
Wedbush Securities Inc13,500$65.0K0.00%00.0%Unchanged
V-Square Quantitative Management LLC11,430$55.0K0.01%00.0%Unchanged
Westfuller Advisors, LLC11,430$55.0K0.02%00.0%Unchanged
Rahlfs Capital, LLC11,000$52.8K0.04%00.0%Unchanged
Stratos Wealth Partners, LTD.10,570$50.8K0.00%+10,570New
Pathstone Holdings, LLC10,424$50.1K0.00%00.0%Unchanged
Kovack Advisors, Inc.10,500$48.7K0.00%00.0%Unchanged
Aptus Capital Advisors, LLC10,000$48.1K0.00%+10,000New
National Bank of Canada10,000$48.0K0.00%00.0%Unchanged
Evernest Financial Advisors, LLC11,000$46.4K0.01%00.0%Unchanged
SevenBridge Financial Group, LLC10,000$44.8K0.01%+10,000New
Simplex Trading, LLC6,491$31.2K0.00%−4,041−38.4%Reduced
Ameriflex Group, Inc.5,100$24.5K0.01%00.0%Unchanged
Bryn Mawr Trust Co5,000$24.1K0.00%00.0%Unchanged
Group One Trading, L.P.4,692$22.6K0.00%−5,695−54.8%Reduced
Fifth Third Bancorp4,037$19.4K0.00%+4,037New
Adkins Seale Capital Management LLC3,714$17.8K0.02%00.0%Unchanged
EFG International AG3,100$14.9K0.00%00.0%Unchanged
International Assets Investment Management, LLC3,000$13.9K0.00%00.0%Unchanged
Rothschild Investment LLC2,737$13.2K0.00%+400+17.1%Added
FMR LLC2,231$10.7K0.00%−315−12.4%Reduced
South State Corp.2,000$9.60K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC1,662$8.00K0.00%+220+15.3%Added
Morse Asset Management, Inc1,410$6.77K0.00%−2,990−68.0%Reduced
Sunbelt Securities, Inc.1,275$6.13K0.00%00.0%Unchanged
MAI Capital Management1,150$5.52K0.00%00.0%Unchanged
IFP Advisors, Inc395$1.90K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)377$1.81K0.00%−234−38.3%Reduced
BlackRock, Inc.376$1.81K0.00%00.0%Unchanged
Allworth Financial LP250$1.20K0.00%00.0%Unchanged
UMA Financial Services, Inc.245$1.18K0.00%00.0%Unchanged
Plante Moran Financial Advisors, LLC197$9480.00%00.0%Unchanged
CI Private Wealth, LLC10,129$5290.00%00.0%Unchanged
Newbridge Financial Services Group, Inc.106$5080.00%00.0%Unchanged
CWM, LLC42$2000.00%−1,000−96.0%Reduced
Caitong International Asset Management Co., Ltd39$1880.00%+39New
Citigroup Inc13$630.00%+13New
SRS Capital Advisors, Inc.3$140.00%−3−50.0%Reduced
Mountaineer Partners Management, LLC0$00.00%−732,351−100.0%Sold out
Principia Wealth Advisory, LLC0$00.00%−531,022−100.0%Sold out
Financial Sense Advisors, Inc.0$00.00%−40,383−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−33,414−100.0%Sold out
Pecaut & Co.0$00.00%−30,000−100.0%Sold out
Cetera Investment Advisers0$00.00%−11,431−100.0%Sold out
Sofos Investments, Inc.0$00.00%−366−100.0%Sold out
Tucker Asset Management LLC0$00.00%−264−100.0%Sold out
Comerica Bank––––Not filed
Motiv8 Investments LLC––––Not filed