$SJT

$3.38 +$0.03 (0.9%) Close

$SJT Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 46.6M shares outstanding

Who owns SJT?

By type of holder

Institutions 37.1% Everyone else 63.0%

No insider has reported a holding in the last two years, so insiders are counted in "Everyone else".

Concentration Top 10 holders own 30.7%

Horizon Kinetics Asset Management LLC 16.1% · Morgan Stanley 3.4%

Institutional ownership

37.1%

+1.7 pts vs last qtr

Institutional holders

-9 vs last qtr

Net shares bought

+804.7K

by institutions in Q2 2026

New / sold out

6 / 15

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Horizon Kinetics Asset Management LLC +515.2K
Cannell Capital LLC +303.3K

Biggest sellers in Q2 2026

Punch & Associates Investment Management, Inc. −297.8K
LPL Financial LLC −232.1K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for San Juan Basin Royalty Trust in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for San Juan Basin Royalty Trust.

How patient are the owners?

Institutional shares by how long they've been held

5+ years14% 3–5 years50% 1–3 years26% Under 1 year10%

Quarterly turnover

9.1%

of institutional shares changed hands

Top 10 managers, median time held

2 years

Super Investors

Investment managers reporting SJT on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
HK Horizon Kinetics Asset Management LLC	7.5M	16.08%	+515.2K (+7.4%)	2022	0.3%
Shares held by quarter Peak holding7.5M (Q2'26) Change over 8 quarters+6.2M Share of the company16.080% Horizon Kinetics Asset Management LLC's full portfolio →
MS Morgan Stanley	1.6M	3.35%	−54.8K (−3.4%)	≤2021	0.0%
Shares held by quarter Peak holding1.6M (Q1'26) Change over 8 quarters+849.7K Share of the company3.350% Morgan Stanley's full portfolio →

Horizon Kinetics Asset Management LLC

7.5M

% of company

16.08%

Change vs last qtr

+515.2K (+7.4%)

Held since

2022

Morgan Stanley

1.6M

% of company

3.35%

Change vs last qtr

−54.8K (−3.4%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding San Juan Basin Royalty Trust, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting SJT on Form N-PORT; together they hold 3.7% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
HK Horizon Kinetics Inflation Beneficiaries ETF Listed Funds Trust	$4.12M	1.3M	2.75%	0.28%	June 30, 2026
SM SIMT Multi-Strategy Alternatives Fund Sei Institutional Managed Trust	$947K	168.4K	0.36%	0.40%	December 31, 2025

Horizon Kinetics Inflation Beneficiaries ETF

Listed Funds Trust

Position value

$4.12M

% of company

2.75%

% of the fund

0.28%

As of

June 30, 2026

SIMT Multi-Strategy Alternatives Fund

Sei Institutional Managed Trust

Position value

$947K

% of company

0.36%

% of the fund

0.40%

As of

December 31, 2025

2 more funds behind a free account

See every fund holding San Juan Basin Royalty Trust and how much of the fund the position is.

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