Permian Basin Royalty Trust (PBT)
OIL ROYALTY TRADERS
Permian Basin Royalty Trust (PBT) is listed on the New York Stock Exchange, where it has traded since October 24, 1980.
- Listed On
- the New York Stock Exchange
- Listed Since
- October 24, 1980
- Market Cap
- $1.6B
About Permian Basin Royalty Trust
Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others across Texas. The company earns the majority of its revenue in the form of royalties received through its properties.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 99 institutions reported holding PBT, with 20.1 million shares worth $502.9 million in aggregate. The largest reported holder was Horizon Kinetics Asset Management, with 6.7 million shares worth $168.5 million. Of the 5 largest holders listed below, 2 added shares, 1 reduced its position and 2 held their positions unchanged during the quarter.
| Institution | Shares | Value | Quarter change |
|---|---|---|---|
| Horizon Kinetics Asset Management | 6,729,289 | $169M | Added 5.48% |
| Softvest Advisors | 6,217,107 | $156M | Unchanged |
| Mad River Investors | 1,005,152 | $25M | Added 0.2% |
| Schwartz Investment Counsel | 933,719 | $23M | Unchanged |
| Foundation Resource Management | 626,331 | $16M | Reduced 0.62% |
Form 13F is a quarterly report that institutional investment managers with at least $100 million in qualifying securities file with the SEC. It lists long positions as of the last day of the quarter and is due within 45 days of quarter end, so these holdings describe that date rather than today.
Frequently asked questions
What is PBT?
Permian Basin Royalty Trust (PBT) is listed on the New York Stock Exchange, where it has traded since October 24, 1980.
Who are the largest institutional holders of PBT?
In 13F filings for the quarter ended June 30, 2026, the largest reported holders of PBT were Horizon Kinetics Asset Management, Softvest Advisors and Mad River Investors.
How many institutions own PBT?
99 institutions reported a position in PBT for the quarter ended June 30, 2026, worth $502.9 million in total.
Did institutions buy or sell PBT last quarter?
Of the 5 largest reported holders, 2 added shares, 1 reduced its position and 2 held their positions unchanged during the quarter. Every reported holder and its change is on the SentiSense ownership page for PBT.
Every reported institutional holder, plus insider and congressional trades in PBT, on SentiSense.