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Symphonies
Primal Funds › Permian Basin
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A concentrated bet on the Permian Basin via land-and-royalty stocks (TPL, LandBridge “LB”, KRP). These firms collect fees/royalties when others drill, move water, or lay pipelines. Benefits from drilling and oil prices; rebalanced quarterly.
NutHow it works
It holds three U.S. stocks tied to oil-and-gas activity in the Permian Basin (West Texas/New Mexico): 45% Texas Pacific Land (owns land; earns from drilling, water, and pipeline fees), 45% LandBridge (similar, Delaware Basin), and 10% Kimbell Royalty Partners (collects a cut of oil/gas sales). It rebalances every 3 months to keep those weights.
CheckmarkValue prop
Focused Permian land/royalty portfolio offers energy-cycle beta and asset-light cash flows that can outperform the S&P in rising oil markets, serving as a high-conviction satellite position—note higher risk and drawdowns.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.561.350.20.45
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
28.46%16.3%-0.5%1.72%0.96
Primal Funds › Permian Basin
192.66%91.05%37.54%49.85%1.51
Initial Investment
$10,000.00
Final Value
$29,265.99
Regulatory Fees
$0.27
Total Slippage
$2.25
Invest in this strategy
OOS Start Date
Nov 19, 2024
Trading Setting
Quarterly
Type
Stocks
Category
Energy equities, permian basin, land & royalty, concentrated, u.s. mid/large-cap, oil price sensitive
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
KRP
Kimbell Royalty Partners, LP Common Units representing Limited Partner Interests
Stocks
LB
LandBridge Company LLC
Stocks
TPL
Texas Pacific Land Corporation
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"Primal Funds › Permian Basin" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Primal Funds › Permian Basin" is currently allocated toLB, KRPandTPL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Primal Funds › Permian Basin" has returned 4.85%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Primal Funds › Permian Basin" is 44.03%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "Primal Funds › Permian Basin", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.