Vault-13

SITIO ROYALTIES CORP STR

CLASS A COM · Common Stock · CUSIP 82983N108 · ISIN US82983N1081

205 institutional holders -11 vs Q1 2024
122,938,704122.9m shares reported held*
$2.9bnreported value*
27 new 80 added 61 reduced 38 sold out net sold ≈ $58.1m (-2.5m 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 ($372.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.61. Options: 5 managers hold calls ($7.4m notional), 7 hold puts ($2.9m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q4 22: 213Q1 23: 187Q2 23: 198Q3 23: 197Q4 23: 192Q1 24: 216Q2 24: 205205Q4 22Q2 23Q4 23Q2 24
Numbers
QuarterHolders
Q4 2022213
Q1 2023187
Q2 2023198
Q3 2023197
Q4 2023192
Q1 2024216
Q2 2024205

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 23: 98 bought or addedQ1 23: 121 cut or sold outQ1 23Q2 23: 111 bought or addedQ2 23: 74 cut or sold outQ2 23Q3 23: 94 bought or addedQ3 23: 86 cut or sold outQ3 23Q4 23: 88 bought or addedQ4 23: 98 cut or sold outQ4 23Q1 24: 117 bought or addedQ1 24: 86 cut or sold outQ1 24Q2 24: 107 bought or addedQ2 24: 99 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q1 202398121
Q2 202311174
Q3 20239486
Q4 20238898
Q1 202411786
Q2 202410799

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 23 calls: $6.7mQ3 23 puts: $2.6mQ3 23P/C 0.39Q4 23 calls: $7.1mQ4 23 puts: $2.5mQ4 23P/C 0.35Q1 24 calls: $13.0mQ1 24 puts: $1.5mQ1 24P/C 0.12Q2 24 calls: $7.4mQ2 24 puts: $2.9mQ2 24P/C 0.39
Numbers
QuarterCallsPutsP/C
Q3 2023$6.7m$2.6m0.39
Q4 2023$7.1m$2.5m0.35
Q1 2024$13.0m$1.5m0.12
Q2 2024$7.4m$2.9m0.39

Biggest buyers

T. Rowe Price Investment Management, Inc. New +484,209+484.2k
MARSHALL WACE, LLP Added +297,928+297.9k
ALGERT GLOBAL LLC Added +264,044+264.0k
NEUBERGER BERMAN GROUP LLC Added +209,492+209.5k
NEW YORK STATE COMMON RETIREMENT FUND Added +207,777+207.8k
TUDOR INVESTMENT CORP ET AL Added +187,967+188.0k
BlackRock Inc. Added +130,959+131.0k
BROWN ADVISORY INC Added +124,636+124.6k
HORIZON KINETICS ASSET MANAGEMENT LLC Added +92,189+92.2k
TWO SIGMA ADVISERS, LP Added +76,000+76.0k

Biggest sellers

MORGAN STANLEY Reduced -1,742,991-1.7m
LASRY MARC Sold out -497,280-497.3k
Epoch Investment Partners, Inc. Reduced -417,646-417.6k
Yorktown Energy Partners X, L.P. Sold out -397,698-397.7k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -340,000-340.0k
FMR LLC Reduced -271,233-271.2k
Carlson Capital, L.P. Sold out -211,232-211.2k
GREAT LAKES ADVISORS, LLC Reduced -181,821-181.8k
VICTORY CAPITAL MANAGEMENT INC Reduced -171,544-171.5k
Yorktown Energy Partners XI, L.P. Sold out -160,005-160.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.4m229.5k shares
JANE STREET GROUP, LLC Reduced $1.4m57.5k shares
SIMPLEX TRADING, LLC Added $594.0k25.2k shares
CITADEL ADVISORS LLC Reduced $44.9k1.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.7m73.0k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $415.5k17.6k shares
GROUP ONE TRADING LLC New $340.0k14.4k shares
JANE STREET GROUP, LLC New $250.3k10.6k shares
SIMPLEX TRADING, LLC New $108.0k4.6k shares
CITADEL ADVISORS LLC Added $26.0k1.1k 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
VANGUARD GROUP INC 13G · institution filed 2025-03-06 10.0% 7.8m 2025-03-06

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Kimmeridge Energy Management Company, LLC 53.22% of their portfolio NEW YORK, NY 36,495,52036.5m $861.7m $861.7m 53.22% Unchanged
2 OAKTREE CAPITAL MANAGEMENT LP 5.26% of their portfolio LOS ANGELES, CA 12,935,12012.9m $305.4m $305.4m 5.26% Unchanged
3 FMR LLC 0.02% of their portfolio BOSTON, MA 12,092,47112.1m $285.5m $285.5m 0.02% Reduced -271.2k -271,233
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,820,0207.8m $184.6m $184.6m 0.00% Added +69.1k +69,069
5 NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio NEW YORK, NY 6,379,9486.4m $150.6m $150.6m 0.12% Added +209.5k +209,492
6 BlackRock Inc. 0.00% of their portfolio New York, NY 6,300,6356.3m $148.8m $148.8m 0.00% Added +131.0k +130,959
7 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 4,768,2874.8m $112.6m $112.6m 0.02% Added +1.2k +1,224
8 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.13% of their portfolio Boston, MA 3,077,5893.1m $72.7m $72.7m 0.13% Reduced -340.0k -340,000
9 WESTWOOD HOLDINGS GROUP INC 0.30% of their portfolio DALLAS, TX 2,733,1592.7m $64.5m $64.5m 0.30% Added +2.6k +2,582
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,503,6442.5m $59.1m $59.1m 0.00% Reduced -63.3k -63,325
11 Pine Brook Road Advisors, L.P. 28.04% of their portfolio BEDFORD, NY 2,317,4362.3m $54.7m $54.7m 28.04% Unchanged
12 DEPRINCE RACE & ZOLLO INC 1.18% of their portfolio Winter Park, FL 2,241,5772.2m $52.9m $52.9m 1.18% Added +35.7k +35,695
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,887,6451.9m $44.6m $44.6m 0.00% Added +71.6k +71,605
14 BROWN ADVISORY INC 0.04% of their portfolio BALTIMORE, MD 1,250,6401.3m $29.5m $29.5m 0.04% Added +124.6k +124,636
15 CIBC Private Wealth Group LLC 0.05% of their portfolio ATLANTA, GA 1,109,2521.1m $26.7m $26.7m 0.05% Unchanged
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 977,928977.9k $23.1m $23.1m 0.00% Reduced -1.7m -1,742,991
17 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 947,423947.4k $22.4m $22.4m 0.01% Reduced -3.5k -3,503
18 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 881,877881.9k $20.8m $20.8m 0.00% Added +41.2k +41,160
19 HORIZON KINETICS ASSET MANAGEMENT LLC 0.32% of their portfolio NEW YORK, NY 774,950775.0k $18.3m $18.3m 0.32% Added +92.2k +92,189
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 740,099740.1k $17.5m $17.5m 0.00% Reduced -25.6k -25,594
21 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 692,469692.5k $16.3m $16.3m 0.01% Reduced -46.1k -46,147
22 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 653,251653.3k $15.4m $15.4m 0.00% Added +3.5k +3,454
23 EVERGREEN CAPITAL MANAGEMENT LLC 0.52% of their portfolio Bellevue, WA 606,638606.6k $14.3m $14.3m 0.52% Reduced -18.5k -18,543
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 532,748532.7k $12.6m $12.6m 0.00% Reduced -101.7k -101,655
25 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 484,209484.2k $11.4m $11.4m 0.01% New
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 442,294442.3k $10.4m $10.4m 0.00% Added +25.1k +25,096
27 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 428,185428.2k $10.1m $10.1m 0.02% Reduced -1.1k -1,137
28 Advisors Asset Management, Inc. 0.18% of their portfolio Monument, CO 400,640400.6k $9.5m $9.5m 0.18% Added +900 +900
29 NFC Investments, LLC 2.65% of their portfolio MEMPHIS, TN 391,989392.0k $9.3m $9.3m 2.65% Reduced -777 -777
30 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 382,985383.0k $9.0m $9.0m 0.02% First filing
31 Mountain Lake Investment Management LLC 9.28% of their portfolio SAN FRANCISCO, CA 375,000375.0k $8.9m $8.9m 9.28% Unchanged
32 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 373,573373.6k $8.8m $8.8m 0.01% Added +65.0k +64,991
33 ALGERT GLOBAL LLC 0.28% of their portfolio SAN FRANCISCO, CA 358,544358.5k $8.5m $8.5m 0.28% Added +264.0k +264,044
34 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 308,752308.8k $7.3m $7.3m 0.01% Added +297.9k +297,928
35 KENNEDY CAPITAL MANAGEMENT LLC 0.15% of their portfolio ST LOUIS, MO 304,030304.0k $7.2m $7.2m 0.15% Reduced -35.1k -35,070
36 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 288,920288.9k $6.8m $6.8m 0.01% Added +13.1k +13,099
37 SPROTT INC. 0.50% of their portfolio TORONTO, A6 286,736286.7k $6.8m $6.8m 0.50% Reduced -141 -141
38 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 258,304258.3k $6.1m $6.1m 0.01% Added +207.8k +207,777
39 TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio STAMFORD, CT 226,053226.1k $5.3m $5.3m 0.06% Added +188.0k +187,967
40 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 225,729225.7k $5.3m $5.3m 0.00% Added +7.3k +7,284
41 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 223,565223.6k $5.3m $5.3m 0.00% Added +8.5k +8,546
42 GREAT LAKES ADVISORS, LLC 0.04% of their portfolio CHICAGO, IL 204,497204.5k $4.8m $4.8m 0.04% Reduced -181.8k -181,821
43 Trexquant Investment LP 0.07% of their portfolio STAMFORD, CT 202,287202.3k $4.8m $4.8m 0.07% Added +41.6k +41,642
44 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 201,630201.6k $4.8m $4.8m 0.01% Added +14.6k +14,600
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 199,397199.4k $4.7m $4.7m 0.00% Reduced -14.2k -14,220
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 197,808197.8k $4.7m $4.7m 0.00% Added +43.9k +43,943
47 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 191,502191.5k $4.5m $4.5m 0.00% Reduced -12.3k -12,321
48 Aptus Capital Advisors, LLC 0.08% of their portfolio FAIRHOPE, AL 186,813186.8k $4.4m $4.4m 0.08% Added +37.0k +37,050
49 Guardian Wealth Management, Inc. 3.30% of their portfolio PEORIA, IL 182,741182.7k $4.3m $4.3m 3.30% Added +4.8k +4,764
50 STANSBERRY ASSET MANAGEMENT, LLC 0.53% of their portfolio Westlake, TX 172,334172.3k $4.1m $4.1m 0.53% Added +3.0k +3,006
51 TITLEIST ASSET MANAGEMENT, LLC 0.59% of their portfolio SAN ANTONIO, TX 165,475165.5k $3.9m $3.9m 0.59% Reduced -600 -600
52 Swiss National Bank 0.00% of their portfolio ZURICH, V8 160,907160.9k $3.8m $3.8m 0.00% Unchanged
53 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 142,560142.6k $3.4m $3.4m 0.01% Reduced -9.7k -9,689
54 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 133,244133.2k $3.1m $3.1m 0.00% Added +7.7k +7,737
55 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 126,763126.8k $3.0m $3.0m 0.00% Added +10.7k +10,740
56 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 124,415124.4k $2.9m $2.9m 0.00% Added +47.2k +47,172
57 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 122,913122.9k $2.9m $2.9m 0.03% Added +18.2k +18,230
58 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 119,488119.5k $2.8m $2.8m 0.00% Added +623 +623
59 Ballast Asset Management, LP 1.47% of their portfolio DALLAS, TX 114,739114.7k $2.7m $2.7m 1.47% Added +7.0k +6,987
60 Epoch Investment Partners, Inc. 0.01% of their portfolio New York, NY 113,747113.7k $2.7m $2.7m 0.01% Reduced -417.6k -417,646
61 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 108,039108.0k $2.6m $2.6m 0.00% Added +48.4k +48,393
62 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 107,718107.7k $2.5m $2.5m 0.00% Reduced -19.4k -19,354
63 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 105,204105.2k $2.5m $2.5m 0.00% Reduced -24.8k -24,758
64 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 103,030103.0k $2.4m $2.4m 0.01% Reduced -38.9k -38,941
65 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 100,100100.1k $2.4m $2.4m 0.00% Added +3.5k +3,510
66 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 94,66394.7k $2.2m $2.2m 0.00% Added +76.0k +76,000
67 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 93,36893.4k $2.2m $2.2m 0.01% Reduced -6.1k -6,144
68 Legal & General Group Plc 0.00% of their portfolio London, X0 89,48589.5k $2.1m $2.1m 0.00% Added +9.5k +9,513
69 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 86,31886.3k $2.0m $2.0m 0.00% Unchanged
70 GSA CAPITAL PARTNERS LLP 0.14% of their portfolio LONDON, X0 86,13086.1k $2.0m $2.0m 0.14% Added +75.1k +75,054
71 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.15% of their portfolio DALLAS, TX 82,00082.0k $1.9m $1.9m 0.15% Unchanged
72 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 81,56681.6k $1.9m $1.9m 0.00% Reduced -2.0k -2,010
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 80,17580.2k $1.9m $1.9m 0.00% Reduced -1.6k -1,618
74 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 78,95279.0k $1.9m $1.9m 0.02% Added +40.6k +40,620
75 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 67,53067.5k $1.6m $1.6m 0.00% Added +8.4k +8,369
76 Graham Capital Management, L.P. 0.05% of their portfolio ROWAYTON, CT 64,95765.0k $1.5m $1.5m 0.05% Added +1.2k +1,163
77 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 64,41464.4k $1.5m $1.5m 0.00% Added +23.5k +23,503
78 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 62,06162.1k $1.5m $1.5m 0.01% Reduced -7.3k -7,326
79 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 54,73254.7k $1.3m $1.3m 0.01% Reduced -1.4k -1,356
80 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 53,23753.2k $1.3m $1.3m 0.00% Added +2.8k +2,808
81 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 52,54552.5k $1.2m $1.2m 0.00% Reduced -8.1k -8,094
82 Meridian Wealth Advisors, LLC 0.21% of their portfolio AUSTIN, TX 50,57150.6k $1.2m $1.2m 0.21% Unchanged
83 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 48,90248.9k $1.2m $1.2m 0.01% Added +44.0k +44,016
84 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 48,01848.0k $1.1m $1.1m 0.00% Reduced -102.8k -102,772
85 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 47,92647.9k $1.1m $1.1m 0.01% Added +5.3k +5,344
86 QV Investors Inc. 0.10% of their portfolio CALGARY, A0 46,09646.1k $1.1m $1.1m 0.10% Added +1.2k +1,190
87 Rafferty Asset Management, LLC 0.00% of their portfolio New York, NY 45,97046.0k $1.1m $1.1m 0.00% Reduced -2.4k -2,387
88 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 45,33645.3k $1.1m $1.1m 0.00% Added +1.7k +1,710
89 Corebridge Financial, Inc. 0.01% of their portfolio HOUSTON, TX 44,46344.5k $1.0m $1.0m 0.01% First filing
90 Arden Trust Co 0.15% of their portfolio WILMINGTON, DE 44,15644.2k $1.0m $1.0m 0.15% Reduced -622 -622
91 EPACRIA CAPITAL PARTNERS, LLC 0.72% of their portfolio BOULDER, CO 41,73741.7k $985.4k $985.4k 0.72% Unchanged
92 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 41,55041.5k $981.0k $981.0k 0.00% Unchanged
93 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 41,34041.3k $976.0k $976.0k 0.00% Reduced -11.3k -11,286
94 Kingsview Wealth Management, LLC 0.02% of their portfolio GRANTS PASS, OR 38,26838.3k $903.5k $903.5k 0.02% New
95 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 37,31137.3k $880.9k $880.9k 0.00% New
96 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 35,07535.1k $828.1k $828.1k 0.00% Reduced -43.5k -43,499
97 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 34,69734.7k $819.2k $819.2k 0.00% Reduced -64.2k -64,178
98 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 34,42734.4k $812.3k $812.3k 0.00% Reduced -421 -421
99 Petrus Trust Company, LTA 0.07% of their portfolio Dallas, TX 33,95634.0k $801.7k $801.7k 0.07% Reduced -7.5k -7,460
100 ORG Partners LLC 0.09% of their portfolio ROANOKE, IN 31,46531.5k $746.5k $746.5k 0.09% Added +30.9k +30,940