Permian Basin Royalty Trust
PBTInstitutional ownership · Q4 2023
Latest quarter (Q2 2026)
Institutional holders
78
-9 (-10.3%) vs Q3 2023
Reported value
$188.0M
-33.7% vs Q3 2023
Shares held
13.5M
+109.0K shares
Quarter
Q4 2023
Period ended Dec 31, 2023
78 institutional managers reported holding 13,450,940 shares worth $187,981,496 on Form 13F for Q4 2023, against 87 in Q3 2023. Share positions on CUSIP 714236106 only; option legs and principal-amount lines are not counted.
Top 25 institutional holders · Q4 2023
| # | Manager | Shares | Value | % of portfolio | Change | Position page |
|---|---|---|---|---|---|---|
| 1 | SoftVest Advisors LLC | 4,148,195 | $57.9M | 19.29% | +100 | Position |
| 2 | HORIZON KINETICS ASSET MANAGEMENT LLC | 3,583,742 | $50.0M | 1.05% | -362.7K | Position |
| 3 | SCHWARTZ INVESTMENT COUNSEL INC | 803,849 | $11.3M | 0.44% | +232.0K | Position |
| 4 | FOUNDATION RESOURCE MANAGEMENT INC | 676,963 | $9.5M | 1.51% | — | Position |
| 5 | Hosking Partners LLP | 519,251 | $7.2M | 0.31% | +48.4K | Position |
| 6 | UBS Group AG | 463,587 | $6.5M | < 0.01% | -15.8K | Position |
| 7 | MORGAN STANLEY | 330,146 | $4.6M | < 0.01% | +79.0K | Position |
| 8 | Moors & Cabot Inc | 268,766 | $3.8M | 0.23% | +51.0K | Position |
| 9 | MAD RIVER INVESTORS | 257,289 | $3.6M | 3.33% | -78.4K | Position |
| 10 | LPL Financial LLC | 250,523 | $3.5M | < 0.01% | +75.3K | Position |
| 11 | WELLS FARGO & COMPANY MN | 238,431 | $3.3M | < 0.01% | -67.5K | Position |
| 12 | Beacon Pointe Advisors LLC | 147,246 | $2.1M | 0.02% | +4.0K | Position |
| 13 | SUSQUEHANNA INTERNATIONAL GROUP LLP | 147,239 | $2.1M | < 0.01% | +127.7K | Position |
| 14 | GROUP ONE TRADING L P | 132,432 | $1.8M | < 0.01% | +89.1K | Position |
| 15 | KINGSWOOD WEALTH ADVISORS LLC | 117,499 | $1.6M | 0.19% | -24.9K | Position |
| 16 | CAPTRUST FINANCIAL ADVISORS | 107,958 | $1.5M | < 0.01% | -300 | Position |
| 17 | CITADEL ADVISORS LLC | 107,415 | $1.5M | < 0.01% | +78.8K | Position |
| 18 | Pathstone Holdings LLC | 100,135 | $1.4M | < 0.01% | -9.5K | Position |
| 19 | SANTA MONICA PARTNERS LP | 86,500 | $1.2M | 0.89% | — | Position |
| 20 | Essex Financial Services Inc | 66,792 | $932.4K | 0.1% | +13.9K | Position |
| 21 | Fielder Capital Group LLC | 61,642 | $860.5K | 0.52% | — | Position |
| 22 | Capital Analysts LLC | 54,503 | $761.0K | 0.04% | -60 | Position |
| 23 | RAYMOND JAMES & ASSOCIATES | 52,605 | $734.4K | < 0.01% | -16.7K | Position |
| 24 | COMMONWEALTH EQUITY SERVICES LLC | 49,991 | $698.0K | < 0.01% | +12.9K | Position |
| 25 | Resurgent Financial Advisors LLC | 48,000 | $670.1K | 0.41% | — | Position |
Values as reported on each manager's Q4 2023 Form 13F. Change is in shares against the manager's prior-quarter filing.
13F holders by quarter
| Quarter | Holders | Shares | Value |
|---|---|---|---|
| Q2 2026 | 100 +4 | 20.2M | $504.8M |
| Q1 2026 | 96 -7 | 20.1M | $432.8M |
| Q4 2025 | 103 +8 | 20.4M | $345.9M |
| Q3 2025 | 95 | 19.5M | $356.8M |
| Q2 2025 | 95 +1 | 19.3M | $240.8M |
| Q1 2025 | 94 -3 | 14.9M | $147.8M |
| Q4 2024 | 97 +10 | 14.4M | $159.9M |
| Q3 2024 | 87 +6 | 13.4M | $160.3M |
| Q2 2024 | 81 +1 | 13.1M | $147.2M |
| Q1 2024 | 80 +2 | 13.0M | $157.2M |
| Q4 2023 | 78 -9 | 13.5M | $188.0M |
| Q3 2023 | 87 +1 | 13.3M | $283.5M |
| Q2 2023 | 86 +4 | 13.1M | $326.1M |
| Q1 2023 | 82 +5 | 13.2M | $321.6M |
| Q4 2022 | 77 +1 | 12.4M | $313.4M |
| Q3 2022 | 76 +16 | 11.3M | $183.4M |
| Q2 2022 | 60 +2 | 10.3M | $168.8M |
| Q1 2022 | 58 +6 | 8.8M | $109.6M |
| Q4 2021 | 52 +11 | 7.2M | $73.3M |
| Q3 2021 | 41 | 4.7M | $27.0M |
Q3 2021–Q2 2026, as reported on Form 13F. Earlier quarters are in the ownership explorer below.
Across other SEC filings
Fund holders · N-PORT
12 funds| Fund | Value | % of fund | As of |
|---|---|---|---|
| Horizon Kinetics Inflation Beneficiaries ETF INFL | $42.6M | 2.89% | Jun 2026 |
| AVE MARIA VALUE FUND | $20.8M | 3.87% | Jun 2026 |
| Kinetics Market Opportunities Portfolio | $3.2M | 1.05% | Jun 2026 |
| AVE MARIA VALUE FOCUSED FUND | $2.5M | 1.98% | Jun 2026 |
| Kinetics Small Cap Opportunities Portfolio | $2.5M | 0.47% | Jun 2026 |
| Kinetics Global Portfolio | $1.0M | 1.99% | Jun 2026 |
| 1290 VT Small Cap Value Portfolio | $648.5K | 0.14% | Jun 2026 |
| Kinetics Internet Portfolio | $314.3K | 0.13% | Jun 2026 |
| Horizon Kinetics Energy and Remediation ETF NVIR | $233.2K | 4.0% | Jun 2026 |
| Even Herd Long Short ETF | $211.4K | 0.35% | Jun 2026 |
12 funds reported holding $74,238,767 in total on their latest public Form N-PORT reports, the most recent dated June 2026.
5%+ holders · 13D/G
2 filers| Filer | % of class | Filed |
|---|---|---|
| SoftVest Advisors LLC 13D | 13.3% | 2026-07-30 |
| HORIZON KINETICS ASSET MANAGEMENT LLC 13G | 13.7% | 2026-04-29 |
Latest Schedule 13D or 13G from each filer naming this CUSIP; stakes a filer has reported closed are left out.
Insiders · Form 4
No open-market purchases or sales by Permian Basin Royalty Trust insiders in the last 12 months.
Latest filings
- Softvest, LP 2025-12-23 -
- Softvest Gp I, LLC 2025-09-22 -
- Eric L Oliver 2025-07-22 Mixed
Annual & quarterly reports
-
10-K/A · Filed 2026-07-14Business · Risk Factors · Management's Discussion and Analysis
-
Controls and Procedures · Legal Proceedings · Risk Factors
Ownership explorer
Loading ownership explorer…
Security Details
| CUSIP | 714236106 |
|---|---|
| FIGI | BBG001S5V1N3 |
| Symbol | PBT |
| Type | Unit |
| Class | UNIT BEN INT as filed on 13F |
| Exchange | NYSE |
| Company | Permian Basin Royalty Trust |
Identifier History
| Type | Value | From | To |
|---|---|---|---|
| FIGI | BBG001S5V1N3 | 2026-02-07 | Current |
| CUSIP | 714236106 | 1996-06-30 | Current |
Listing History
| Symbol | Exchange | From | To |
|---|---|---|---|
| PBT | NYSE | 2004-03-24 | Current |