Vault-13

PERMIANVILLE RTY TR PVL

TR UNIT · Royalty Trst · CUSIP 71425H100

24 institutional holders -6 vs Q3 2023
2,255,6782.3m shares reported held*
$3.2mreported value*
1 new 13 added 2 reduced 9 sold out net sold ≈ $606.9k (-421.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $1.44. Options: 4 managers hold calls ($50.2k notional), 5 hold puts ($33.3k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 26Q4 22: 29Q1 23: 24Q2 23: 27Q3 23: 30Q4 23: 2424Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202226
Q4 202229
Q1 202324
Q2 202327
Q3 202330
Q4 202324

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 12 bought or addedQ4 22: 9 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 12 cut or sold outQ1 23Q2 23: 15 bought or addedQ2 23: 6 cut or sold outQ2 23Q3 23: 14 bought or addedQ3 23: 12 cut or sold outQ3 23Q4 23: 14 bought or addedQ4 23: 11 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022129
Q1 20231112
Q2 2023156
Q3 20231412
Q4 20231411

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ1 23 calls: $242.4kQ1 23 puts: $25.4kQ1 23P/C 0.10Q2 23 calls: $174.5kQ2 23 puts: $64.2kQ2 23P/C 0.37Q3 23 calls: $130.5kQ3 23 puts: $96.7kQ3 23P/C 0.74Q4 23 calls: $50.2kQ4 23 puts: $33.3kQ4 23P/C 0.66
Numbers
QuarterCallsPutsP/C
Q1 2023$242.4k$25.4k0.10
Q2 2023$174.5k$64.2k0.37
Q3 2023$130.5k$96.7k0.74
Q4 2023$50.2k$33.3k0.66

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +38,271+38.3k
CITADEL ADVISORS LLC Added +29,486+29.5k
WELLS FARGO & COMPANY/MN Added +19,670+19.7k
TWO SIGMA SECURITIES, LLC New +15,616+15.6k
MORGAN STANLEY Added +11,091+11.1k
SIMPLEX TRADING, LLC Added +5,034+5.0k
Geneos Wealth Management Inc. Added +4,629+4.6k
McGowan Group Asset Management, Inc. Added +4,571+4.6k
GSA CAPITAL PARTNERS LLP Added +2,221+2.2k
Cresset Asset Management, LLC Added +1,589+1.6k

Biggest sellers

SINECERA CAPITAL, LLC Sold out -459,427-459.4k
Raymond James Financial Services Advisors, Inc. Reduced -20,000-20.0k
XTX Topco Ltd Sold out -19,002-19.0k
Syntal Capital Partners, LLC Sold out -12,585-12.6k
Virtu Financial LLC Sold out -10,788-10.8k
Marion Wealth Management Sold out -10,600-10.6k
BANK OF AMERICA CORP /DE/ Sold out -10,500-10.5k
Northstar Advisory Group, LLC Sold out -10,500-10.5k
UBS Group AG Reduced -488-488
Steward Partners Investment Advisory, LLC Sold out -78-78

Biggest calls

CITADEL ADVISORS LLC Reduced $40.2k27.9k shares
GROUP ONE TRADING LLC Unchanged $8.1k5.6k shares
SIMPLEX TRADING, LLC Reduced $2.0k1.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $17.7k12.3k shares
SIMPLEX TRADING, LLC Reduced $9.0k6.9k shares
GROUP ONE TRADING LLC Added $5.0k3.5k shares
Garner Asset Management Corp New $1.6k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Warren Street Capital Partners LP 13G · passive investor +1.1 pts · filed 2026-05-04 5.8% +1.1 pts 1.9m≈ $3.2m 2026-05-04

Insider purchases and sales in Q4 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 911,542911.5k $1.3m $1.3m 0.00% Added +19.7k +19,670
2 Pingora Partners LLC 1.16% of their portfolio WILSON, WY 910,208910.2k $1.3m $1.3m 1.16% First filing
3 McGowan Group Asset Management, Inc. 0.03% of their portfolio DALLAS, TX 144,818144.8k $208.5k $208.5k 0.03% Added +4.6k +4,571
4 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 61,84161.8k $89.1k $89.1k 0.00% Added +29.5k +29,486
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 55,27555.3k $79.6k $79.6k 0.00% Added +38.3k +38,271
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 30,00230.0k $43.2k $43.2k 0.00% Added +11.1k +11,091
7 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 23,20723.2k $33.4k $33.4k 0.00% Added +1.6k +1,589
8 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 17,00017.0k $24.5k $24.5k 0.00% Reduced -20.0k -20,000
9 GSA CAPITAL PARTNERS LLP 0.00% of their portfolio LONDON, X0 16,86316.9k $24.0k $24.0k 0.00% Added +2.2k +2,221
10 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 15,61615.6k $22.5k $22.5k 0.00% New
11 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 14,24514.2k $20.5k $20.5k 0.00% Added +4.6k +4,629
12 STEWARD PARTNERS INVESTMENT SOLUTIONS, LLC 0.01% of their portfolio PORTLAND, OR 12,31812.3k $17.7k $17.7k 0.01% First filing
13 MARCO INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 12,00012.0k $17.3k $17.3k 0.00% Unchanged
14 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,2408.2k $11.9k $11.9k 0.00% Added +16 +16
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,5555.6k $8.0k $8.0k 0.00% Unchanged
16 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 5,4255.4k $7.0k $7.0k 0.00% Added +5.0k +5,034
17 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 4,4974.5k $6.5k $6.5k 0.00% Added +200 +200
18 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 3,1393.1k $4.5k $4.5k 0.00% Added +215 +215
19 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,7091.7k $2.5k $2.5k 0.00% Unchanged
20 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.00% of their portfolio Fort Collins, CO 796796 $1.1k $1.1k 0.00% Added +54 +54
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 682682 $982 $982 0.00% Reduced -488 -488
22 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 500500 $720 $720 0.00% Unchanged
23 RFP Financial Group LLC 0.00% of their portfolio ATLANTA, GA 200200 $288 $288 0.00% Unchanged
24 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged