| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| SoftVest Advisors, LLC | 13% | 0% | $109,856,281 | 6,217,107 | 0% | SoftVest Advisors, LLC | 26 Dec 2025 | |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 12% | +44% | $61,376,561 | +$19,903,228 | 5,839,825 | +48% | HORIZON KINETICS ASSET MANAGEMENT LLC | 03 Jun 2025 |
As of 31 Dec 2025, 79 institutional investors reported holding 19,073,216 shares of PERMIAN BASIN ROYALTY TRUST - Units of Beneficial Interest (PBT). This represents 41% of the company’s total 46,745,165 outstanding shares.
The largest institutional shareholders of PERMIAN BASIN ROYALTY TRUST - Units of Beneficial Interest (PBT) together control 40% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| SoftVest Advisors, LLC | 13% | 6,217,107 | 0% | 24% | $105,566,477 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 13% | 6,187,800 | +1.5% | 1.4% | $105,068,849 |
| MAD RIVER INVESTORS | 2.1% | 986,819 | +7% | 7.6% | $16,756,184 |
| SCHWARTZ INVESTMENT COUNSEL INC | 2.1% | 967,197 | -1.8% | 0.57% | $16,403,661 |
| FOUNDATION RESOURCE MANAGEMENT INC | 1.4% | 642,507 | 0% | 1.5% | $10,909,769 |
| Moors & Cabot, Inc. | 1.3% | 585,746 | +10% | 0.43% | $9,945,963 |
| JANE STREET GROUP, LLC | 0.79% | 368,187 | +40% | 0.01% | $6,251,816 |
| Hosking Partners LLP | 0.74% | 346,683 | +13% | 0.2% | $5,886,677 |
| COMMONWEALTH EQUITY SERVICES, LLC | 0.55% | 259,314 | -11% | 0.01% | $4,403,152 |
| WELLS FARGO & COMPANY/MN | 0.51% | 240,538 | -0.54% | 0% | $4,084,328 |
| LPL Financial LLC | 0.49% | 229,956 | -1.6% | 0% | $3,904,657 |
| MORGAN STANLEY | 0.48% | 224,660 | +54% | 0% | $3,814,727 |
| SEI INVESTMENTS CO | 0.42% | 195,400 | 0% | $3,317,892 | |
| GROUP ONE TRADING LLC | 0.35% | 165,170 | -5.6% | 0.08% | $2,804,587 |
| Lido Advisors, LLC | 0.26% | 122,523 | +3.5% | 0.01% | $2,244,319 |
| BWM Planning, LLC | 0.22% | 104,397 | 0% | 0.47% | $1,772,668 |
| JPMORGAN CHASE & CO | 0.22% | 101,084 | +0.21% | 0% | $1,716,406 |
| HRT FINANCIAL LP | 0.19% | 86,939 | +541% | 0% | $1,476,000 |
| Atlas Wealth Partners, LLC | 0.18% | 83,989 | -0.71% | 1.6% | $1,425,517 |
| HighTower Advisors, LLC | 0.15% | 71,697 | +0.85% | 0% | $1,217,335 |
| PROMETHIUM ADVISORS,LLC | 0.15% | 68,318 | -0.15% | 0.63% | $1,160,196 |
| Pathstone Holdings, LLC | 0.13% | 62,936 | 0% | 0% | $1,068,654 |
| Essex Financial Services, Inc. | 0.13% | 59,177 | +0.01% | 0.06% | $1,004,817 |
| SIMPLEX TRADING, LLC | 0.13% | 59,028 | +29% | 0.03% | $1,002,295 |
| MOR Wealth Management, LLC | 0.11% | 52,534 | 0% | 0.41% | $892,027 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 19,073,216 | $324,027,709 | +$6,817,012 | $16.98 | 79 |
| 2025 Q3 | 19,547,491 | $356,770,879 | +$4,617,548 | $18.25 | 94 |
| 2025 Q2 | 19,317,326 | $240,841,595 | +$56,161,814 | $12.46 | 94 |
| 2025 Q1 | 14,929,723 | $147,790,744 | +$4,819,706 | $9.91 | 93 |
| 2024 Q4 | 14,449,218 | $159,941,144 | +$9,494,230 | $11.08 | 96 |
| 2024 Q3 | 13,429,470 | $159,620,844 | +$4,329,030 | $11.89 | 86 |
| 2024 Q2 | 13,088,600 | $147,216,150 | +$801,852 | $11.26 | 81 |
| 2024 Q1 | 12,997,359 | $157,212,882 | -$5,685,830 | $12.10 | 81 |
| 2023 Q4 | 13,430,516 | $187,547,428 | -$842,123 | $13.96 | 77 |
| 2023 Q3 | 13,341,939 | $283,544,219 | +$5,142,572 | $21.25 | 87 |
| 2023 Q2 | 13,096,827 | $326,142,187 | -$2,069,519 | $24.93 | 86 |
| 2023 Q1 | 13,179,657 | $321,618,031 | +$18,461,465 | $24.40 | 81 |
| 2022 Q4 | 12,434,999 | $313,349,519 | +$33,041,806 | $25.20 | 75 |
| 2022 Q3 | 11,506,044 | $187,953,364 | +$17,766,872 | $16.33 | 74 |
| 2022 Q2 | 10,473,523 | $173,375,681 | +$22,905,724 | $16.55 | 58 |
| 2022 Q1 | 9,108,276 | $113,951,808 | +$26,513,960 | $12.51 | 61 |
| 2021 Q4 | 6,926,658 | $70,073,000 | +$18,496,220 | $10.10 | 55 |
| 2021 Q3 | 4,753,609 | $27,241,000 | +$2,028,001 | $5.73 | 44 |
| 2021 Q2 | 4,458,084 | $25,051,533 | +$234,765 | $5.62 | 47 |
| 2021 Q1 | 4,426,427 | $17,617,981 | +$1,497,079 | $3.98 | 47 |
| 2020 Q4 | 4,053,436 | $13,427,381 | +$3,849,474 | $3.31 | 44 |
| 2020 Q3 | 2,962,904 | $7,348,530 | -$721,557 | $2.48 | 43 |
| 2020 Q2 | 3,189,000 | $10,523,939 | -$6,231 | $3.30 | 50 |
| 2020 Q1 | 3,145,161 | $8,867,289 | -$4,633,343 | $2.82 | 51 |
| 2019 Q4 | 4,261,959 | $16,456,608 | -$1,993,161 | $3.86 | 63 |
| 2019 Q3 | 4,435,437 | $23,012,609 | -$434,626 | $5.19 | 61 |
| 2019 Q2 | 4,480,181 | $27,278,170 | +$1,400,245 | $6.09 | 66 |
| 2019 Q1 | 4,192,438 | $31,563,367 | -$3,967,832 | $7.52 | 65 |
| 2018 Q4 | 4,768,992 | $28,136,136 | -$2,564,181 | $5.90 | 64 |
| 2018 Q3 | 4,954,177 | $39,487,834 | -$1,750,648 | $7.96 | 60 |
| 2018 Q2 | 5,178,025 | $48,325,318 | +$4,381,873 | $9.33 | 56 |
| 2018 Q1 | 4,704,501 | $45,403,276 | -$368,481 | $9.65 | 63 |
| 2017 Q4 | 4,806,288 | $42,625,570 | +$783,884 | $8.87 | 60 |
| 2017 Q3 | 4,581,262 | $39,891,087 | -$2,761,821 | $8.71 | 67 |
| 2017 Q2 | 4,894,146 | $42,579,623 | +$2,687,510 | $8.70 | 69 |
| 2017 Q1 | 4,576,684 | $42,807,348 | -$1,143,090 | $9.35 | 69 |
| 2016 Q4 | 4,730,986 | $36,483,180 | -$2,225,831 | $7.71 | 64 |
| 2016 Q3 | 5,017,286 | $34,967,108 | -$2,097,892 | $6.97 | 63 |
| 2016 Q2 | 5,319,274 | $38,990,630 | +$414,360 | $7.33 | 62 |
| 2016 Q1 | 5,257,166 | $32,387,540 | +$163,980 | $6.16 | 60 |
| 2015 Q4 | 5,254,976 | $26,588,398 | -$2,165,990 | $5.06 | 60 |
| 2015 Q3 | 5,692,521 | $34,792,748 | -$656,478 | $6.11 | 58 |
| 2015 Q2 | 5,732,817 | $46,192,093 | -$3,863,178 | $8.06 | 73 |
| 2015 Q1 | 6,202,721 | $50,199,030 | -$6,256,732 | $8.09 | 79 |
| 2014 Q4 | 6,899,702 | $65,869,018 | +$12,906,128 | $9.55 | 86 |
| 2014 Q3 | 5,501,920 | $74,667,383 | -$3,103,808 | $13.58 | 88 |
| 2014 Q2 | 5,720,952 | $81,496,564 | -$3,431,511 | $14.25 | 91 |
| 2014 Q1 | 5,966,786 | $78,737,328 | -$2,582,970 | $13.20 | 79 |