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BP Prudhoe Bay Royalty Trust Message Board

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  • diogenes1234 diogenes1234 May 10, 2003 2:14 PM Flag

    WTI Prices needed for royalties


    A mystery remains. My understanding is that reported "institutional holdings" includes street-name shares held in brokerage and trust accounts -- Schwab, Merrill Lynch, Morgan Chase, etc. etc.

    You suggest 95% of BPT trust units are held by retail customers. Why don't these show up as street-name holdings? Or am I wrong in my understanding?

55.57+2.41(+4.53%)Jul 29 4:02 PMEDT