Permian Basin Royalty Trust has 9 Schedule 13D or 13G filings on record since 2025-07-02. 2 holders' latest filing reports 5% or more of units of beneficial interest. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Horizon Kinetics Asset Management LLC | 13.7% | 6,379,692 | SCHEDULE 13G/A, 2026-04-29 | 2026-03-31 |
| SoftVest Advisors, LLC | 13.3% | 6,217,107 | SCHEDULE 13D/A, 2026-07-29 | 2026-07-28 |
Purpose of Transaction (Item 4)
SoftVest Advisors, LLC
Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following: Combination Agreement On July 28, 2026, a combination agreement was entered into by PBT Land and Minerals, Inc. ("New PBT"), PBT Sub, Inc. (a wholly owned subsidiary of New PBT, "New PBT Sub"), PBT Land and Minerals OpCo, LLC ("OpCo"), Blackbeard Holdings, LLC ("Blackbeard Holdings"), Blackbeard Security Holdings, LLC ("Blackbeard Security"), and Greybeard Energy, LLC ("Greybeard Energy") (the "Combination Agreement"), pursuant to which, subject to the satisfaction or waiver of certain conditions and on the terms set forth therein, the parties will consummate a business combination (the "Business Combination") whereby New PBT would acquire (i) a majority of the assets and liabilities of the Trust and (ii) approximately 68,000 acres of surface estate and a 15% effective royalty interest associated with certain acreage and certain mineral interests owned directly or indirectly by Blackbeard Holdings. The Combination Agreement is attached as Exhibit 6 hereto and incorporated by reference herein. New PBT is a wholly-owned subsidiary of SoftVest. SoftVest created New PBT to facilitate the Business Combination and certain other transactions related thereto; SoftVest will transfer full ownership of New PBT to the Trust before the Business Combination is completed. Following the Business Combination, (i) former holders of Units ("Unitholders") will own approximately 59.3% of the …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-07-29; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-02 | Horizon Kinetics Asset Management LLC | 12.5% | SCHEDULE 13G/A |
| 2025-07-08 | Softvest Advisors, LLC | 13.3% | SCHEDULE 13G/A |
| 2025-10-10 | SoftVest Advisors, LLC | 13.3% | SCHEDULE 13D |
| 2025-10-10 | SoftVest Advisors, LLC | 13.3% | SCHEDULE 13D/A |
| 2025-10-16 | SoftVest Advisors, LLC | 13.3% | SCHEDULE 13D/A |
| 2025-12-29 | SoftVest Advisors, LLC | 13.3% | SCHEDULE 13D/A |
| 2026-04-29 | Horizon Kinetics Asset Management LLC | 13.7% | SCHEDULE 13G/A |
| 2026-05-18 | SoftVest Advisors, LLC | 13.3% | SCHEDULE 13D/A |
| 2026-07-29 | SoftVest Advisors, LLC | 13.3% | SCHEDULE 13D/A |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.