Clear Harbor Asset Management LLC Makes New $147,000 Investment in San Juan Basin Royalty Trust (NYSE:SJT)

Clear Harbor Asset Management LLC acquired a new stake in San Juan Basin Royalty Trust (NYSE:SJT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,261 shares of the oil and gas producer’s stock, valued at approximately $147,000.

A number of other large investors have also made changes to their positions in SJT. Mountaineer Partners Management LLC lifted its stake in shares of San Juan Basin Royalty Trust by 260.5% during the third quarter. Mountaineer Partners Management LLC now owns 2,660,500 shares of the oil and gas producer’s stock valued at $9,844,000 after buying an additional 1,922,570 shares during the period. Horizon Kinetics Asset Management LLC lifted its stake in shares of San Juan Basin Royalty Trust by 23.2% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 1,291,926 shares of the oil and gas producer’s stock worth $4,780,000 after purchasing an additional 242,871 shares during the period. Virtu Financial LLC purchased a new position in shares of San Juan Basin Royalty Trust during the 3rd quarter worth $150,000. Moors & Cabot Inc. boosted its holdings in shares of San Juan Basin Royalty Trust by 33.4% during the third quarter. Moors & Cabot Inc. now owns 117,950 shares of the oil and gas producer’s stock worth $436,000 after purchasing an additional 29,550 shares during the last quarter. Finally, Ingalls & Snyder LLC grew its position in shares of San Juan Basin Royalty Trust by 60.0% in the third quarter. Ingalls & Snyder LLC now owns 55,694 shares of the oil and gas producer’s stock valued at $206,000 after purchasing an additional 20,896 shares during the period. Institutional investors and hedge funds own 10.42% of the company’s stock.

San Juan Basin Royalty Trust Trading Up 3.2 %

San Juan Basin Royalty Trust stock opened at $4.47 on Thursday. The stock has a fifty day moving average price of $4.13 and a 200 day moving average price of $3.92. San Juan Basin Royalty Trust has a 52 week low of $3.21 and a 52 week high of $5.81.

San Juan Basin Royalty Trust Company Profile

San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland’s oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico.