Horizon Kinetics Asset Management Llc - Jul 17, 2025 SCHEDULE 13G/A Report for SAN JUAN BASIN ROYALTY TRUST Units of Beneficial Interest (SJT)

Filing Manager: HORIZON KINETICS ASSET MANAGEMENT LLC
Reporting Manager: HORIZON KINETICS ASSET MANAGEMENT LLC
Security: SAN JUAN BASIN ROYALTY TRUST Units of Beneficial Interest
Symbol: SJT
Shares outstanding: 46.6M shares
Disclosed Ownership: 4.8M shares
Ownership: 10.3%
Form type: SCHEDULE 13G/A
Date filed: 10/28/2025, 04:01 PM
Date of event: Jul 17, 2025
Previous filing: Jul 23, 2025
Next filing: Nov 5, 2025
SEC: View on sec.gov

Reporting Managers (1)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
HORIZON KINETICS ASSET MANAGEMENT LLC	10.3%	4.8M	4.8M	0	/s/Jay Kesslen	General Counsel