Horizon Kinetics Asset Management Llc - Sep 3, 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: 46.8M shares
Disclosed Ownership: 5.61M shares
Ownership: 12%
Form type: SCHEDULE 13G/A
Date filed: 11/5/2025, 11:23 AM
Date of event: Sep 3, 2025
Previous filing: Oct 28, 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	12%	5.61M	5.61M	0	/s/Jay Kesslen	General Counsel