SoftVest and Affiliates Hold 10.49% of Cross Timbers (NYSE: CRT)

Rhea-AI Filing Summary

SoftVest Advisors and affiliates report beneficial ownership of 629,384 Units of Beneficial Interest (CUSIP 22757R109) in Cross Timbers Royalty Trust. The holdings represent 10.49% of outstanding units as reported in the Issuer's Form 10-Q filed November 13, 2025. The filers state the units were not acquired to change or influence control and are reported by SoftVest Advisors, SoftVest GP I, SoftVest, LP and Eric L. Oliver.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

CROSS TIMBERS ROYALTY TRUST

(Name of Issuer)

Units of Beneficial Interest

(Title of Class of Securities)

22757R109

(CUSIP Number)

03/23/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 22757R109

1

Names of Reporting Persons

SoftVest Advisors, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 629,384.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 629,384.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

629,384.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.49 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Percentage based on 6,000,000 Units of Beneficial Interest (as defined below) of the Issuer (as defined below) outstanding as reported in the Issuer's Form 10-Q filed with the SEC on November 13, 2025.

SCHEDULE 13G

CUSIP Number(s): 22757R109

1

Names of Reporting Persons

SoftVest GP I, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 629,384.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 629,384.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

629,384.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.49 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Percentage based on 6,000,000 Units of Beneficial Interest (as defined below) of the Issuer (as defined below) outstanding as reported in the Issuer's Form 10-Q filed with the SEC on November 13, 2025.

SCHEDULE 13G

CUSIP Number(s): 22757R109

1

Names of Reporting Persons

SoftVest, LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 629,384.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 629,384.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

629,384.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.49 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Percentage based on 6,000,000 Units of Beneficial Interest (as defined below) of the Issuer (as defined below) outstanding as reported in the Issuer's Form 10-Q filed with the SEC on November 13, 2025.

SCHEDULE 13G

CUSIP Number(s): 22757R109

1

Names of Reporting Persons

Eric L. Oliver

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 629,384.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 629,384.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

629,384.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.49 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Percentage based on 6,000,000 Units of Beneficial Interest (as defined below) of the Issuer (as defined below) outstanding as reported in the Issuer's Form 10-Q filed with the SEC on November 13, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CROSS TIMBERS ROYALTY TRUST
(b)	Address of issuer's principal executive offices: C/O Argent Trust Company, 3838 Oak Lawn Ave, Suite 1720, Dallas, Texas 75219-4518
Item 2.
(a)	Name of person filing: This Schedule 13G is being filed by (i) SoftVest Advisors, LLC, a Delaware limited liability company and a registered investment adviser ("SoftVest"), (ii) SoftVest GP I, LLC, a Delaware limited liability company ("SoftVest GP I, LLC"), (iii) SoftVest, LP, a Delaware limited partnership ("SoftVest, LP"), and (iv) Eric L. Oliver (each, a "Reporting Person" and, together, the "Reporting Persons"). SoftVest, LP directly holds 629,384 units of beneficial interest of the Issuer ("Units of Beneficial Interest"). SoftVest is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric L. Oliver is the managing member of each of SoftVest and SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric L. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Each of the Reporting Persons listed in this filing certify the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that effect.
(b)	Address or principal business office or, if none, residence: The principal business address of each of the Reporting Persons is as follows: The registered office of SoftVest Advisors, LLC, SoftVest GP I, LLC, and SoftVest, LP is 400 Pine Street, Suite 1010, Abilene, TX, 79601. The principal business address of Eric L. Oliver is 400 Pine Street, Suite 1010, Abilene, TX, 79601.
(c)	Citizenship: See response to Item 4 of each of the cover pages.
(d)	Title of class of securities: Units of Beneficial Interest
(e)	CUSIP Number(s): 22757R109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See responses to Item 9 on each cover page.
(b)	Percent of class: See responses to Item 11 on each cover page.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See responses to Item 5 on each cover page.
	(ii) Shared power to vote or to direct the vote: See responses to Item 6 on each cover page.
	(iii) Sole power to dispose or to direct the disposition of: See responses to Item 7 on each cover page.
	(iv) Shared power to dispose or to direct the disposition of: See responses to Item 8 on each cover page.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

SoftVest Advisors, LLC

Signature:	/s/ Eric L. Oliver
Name/Title:	Eric L. Oliver/President and Managing Member
Date:	03/27/2026

SoftVest GP I, LLC

Signature:	/s/ Eric L. Oliver
Name/Title:	Eric L. Oliver/President and Managing Member
Date:	03/27/2026

SoftVest, LP

Signature:	By: SOFTVEST GP I, LLC, the General Partner, /s/ Eric L. Oliver
Name/Title:	Eric L. Oliver/President and Managing Member
Date:	03/27/2026

Eric L. Oliver

Signature:	/s/ Eric L. Oliver
Name/Title:	Eric L. Oliver
Date:	03/27/2026

Exhibit Information

Exhibit 1: Joint Filing Agreement, dated as of March 27, 2026, by and among SoftVest Advisors, LLC, SoftVest GP I, LLC, SoftVest, LP and Eric L. Oliver.

FAQ

What stake does SoftVest report in Cross Timbers Royalty Trust (CRT)?

SoftVest reports beneficial ownership of 629,384 Units, equal to 10.49% of outstanding units. This percentage is based on 6,000,000 Units outstanding as reported in the issuer's Form 10-Q filed November 13, 2025.

Which entities are listed as reporting persons on the CRT Schedule 13G?

The filing lists SoftVest Advisors, LLC, SoftVest GP I, LLC, SoftVest, LP, and Eric L. Oliver as joint reporting persons. A Joint Filing Agreement dated March 27, 2026 is included as an exhibit.

Does the Schedule 13G indicate SoftVest intends to influence control of CRT?

No. The reporting persons certify the units were not acquired and are not held for the purpose of changing or influencing control. That statement appears verbatim in the filing's Item 2 disclosure.

What voting and dispositive powers are reported for the SoftVest group?

The filing reports 0 sole voting power and 629,384 shared voting power, and 0 sole dispositive power with 629,384 shared dispositive power over the Units of Beneficial Interest.

Where is the ownership percentage calculated from in the CRT filing?

The percentage is calculated using 6,000,000 Units outstanding as reported in the issuer's Form 10-Q filed November 13, 2025; that basis is cited in each cover-page comment.