Permian Basin Royalty Trust (PBT)

Largest owners	Shares	Value	Change
SoftVest Advisors	4.43 mm	$49.26 mm	NEW
Horizon Kinetics Asset Management	3.95 mm	$43.88 mm	NEW
Foundation Resource Management	662.54 k	$7.34 bn	-1.0%
Hosking Partners	307.55 k	$3.41 bn	NEW
Lazard Asset Management	56.27 k	$623.00 k	NEW
Kingswood Wealth Advisors	34.80 k	$383.51 mm	-33.0%
Beese Fulmer Investment Management	33.22 k	$366.53 mm	0.0%
Captrust Financial Advisors	28.68 k	$317.64 mm	NEW
Fruth Investment Management	25.40 k	$279.00 k	0.0%
Brown Brothers Harriman & Co	22.65 k	$250.91 mm	NEW

Largest transactions	Shares	Bought/sold	Change
SoftVest Advisors	4.43 mm	+4.43 mm	NEW
Horizon Kinetics Asset Management	3.95 mm	+3.95 mm	NEW
Hosking Partners	307.55 k	+307.55 k	NEW
Lazard Asset Management	56.27 k	+56.27 k	NEW
Captrust Financial Advisors	28.68 k	+28.68 k	NEW
Brown Brothers Harriman & Co	22.65 k	+22.65 k	NEW
Simplex Trading	21.86 k	+21.86 k	NEW
Kingswood Wealth Advisors	34.80 k	-17.13 k	-33.0%
Avondale Wealth Management	19.00 k	+9.50 k	+100.0%
Foundation Resource Management	662.54 k	-6.79 k	-1.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PBT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Dec 25	Eric L Oliver	Short Put Option (Obligation to buy) Units of Beneficial Ownership		Dispose E	Yes	No	15	1	15.00	0
19 Dec 25	Eric L Oliver	Short Put Option (Obligation to buy) Units of Beneficial Ownership		Dispose E	Yes	No	12.5	3,965	49.56 k	0
19 Sep 25	Eric L Oliver	Short Put Option (Obligation to buy) Units of Beneficial Ownership		Dispose E	Yes	No	7.5	864	6.48 k	0
19 Sep 25	Eric L Oliver	Short Put Option (Obligation to buy) Units of Beneficial Ownership		Dispose E	Yes	No	10	7,723	77.23 k	0
3 Jul 25	Eric L Oliver	Units of Beneficial Ownership	Buy	Acquire P	Yes	No	12.8	2,000	25.60 k	6,217,107
2 Jul 25	Eric L Oliver	Units of Beneficial Ownership	Buy	Acquire P	Yes	No	12.78	6,483	82.85 k	6,215,107
1 Jul 25	Eric L Oliver	Units of Beneficial Ownership	Buy	Acquire P	Yes	No	12.4	2,000	24.80 k	6,208,624
30 Jun 25	Eric L Oliver	Units of Beneficial Ownership	Buy	Acquire P	Yes	No	12.46	4,000	49.84 k	6,206,624
27 Jun 25	Eric L Oliver	Units of Beneficial Ownership	Buy	Acquire P	Yes	No	12.51	6,898	86.29 k	6,202,624
26 Jun 25	Eric L Oliver	Units of Beneficial Ownership	Buy	Acquire P	Yes	No	12.31	2,000	24.62 k	6,195,726

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

PERMIAN BASIN ROYALTY TRUST ANNOUNCES DECEMBER CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND RESULTS OF SPECIAL MEETING CALLED BY SOFTVEST

19 Dec 25

DALLAS, Dec. 19, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE:PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its