MS
SBR

Murray Stahl’s Sabine Royalty Trust SBR Stock Holding History

Murray Stahl’s Portfolio SBR Stock Details SBR Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$8.18M Buy
111,796
+646
+0.6% +$48.7K 0.09% 55
2026
Q1 		$8.37M Buy
111,150
+1,663
+2% +$119K 0.09% 52
2025
Q4 		$7.51M Buy
109,487
+77
+0.1% +$5.59K 0.1% 53
2025
Q3 		$8.69M Sell
109,410
-111
-0.1% -$7.92K 0.11% 56
2025
Q2 		$7.3M Sell
109,521
-8,760
-7% -$576K 0.09% 60
2025
Q1 		$8.01M Buy
118,281
+8,360
+8% +$557K 0.09% 57
2024
Q4 		$7.12M Buy
109,921
+9,553
+10% +$599K 0.09% 62
2024
Q3 		$6.2M Buy
100,368
+710
+0.7% +$44.5K 0.09% 67
2024
Q2 		$6.45M Buy
99,658
+13,769
+16% +$888K 0.11% 57
2024
Q1 		$5.46M Buy
85,889
+51,226
+148% +$3.2M 0.1% 62
2023
Q4 		$2.35M Sell
34,663
-3,880
-10% -$245K 0.05% 87
2023
Q3 		$2.54M Sell
38,543
-3,768
-9% -$248K 0.05% 84
2023
Q2 		$2.79M Buy
42,311
+7,141
+20% +$511K 0.06% 84
2023
Q1 		$2.53M Buy
35,170
+16,532
+89% +$1.3M 0.05% 86
2022
Q4 		$1.59M Buy
18,638
+8,791
+89% +$726K 0.03% 117
2022
Q3 		$700K Buy
9,847
+1,535
+18% +$109K 0.01% 179
2022
Q2 		$506K Hold
8,312
– – 0.01% 212
2022
Q1 		$480K Buy
8,312
+20
+0.2% +$1.05K 0.01% 240
2021
Q4 		$346K Sell
8,292
-20
-0.2% -$851 0.01% 280
2021
Q3 		$356K Sell
8,312
-445
-5% -$17.7K 0.01% 271
2021
Q2 		$353K Sell
8,757
-834
-9% -$29.8K 0.01% 279
2021
Q1 		$291K Sell
9,591
-284
-3% -$8.94K 0.01% 293
2020
Q4 		$279K Sell
9,875
-498
-5% -$14.5K 0.01% 300
2020
Q3 		$302K Sell
10,373
-554
-5% -$16.7K 0.01% 300
2020
Q2 		$303K Sell
10,927
-9,805
-47% -$268K 0.01% 288
2020
Q1 		$573K Sell
20,732
-11,719
-36% -$415K 0.03% 197
2019
Q4 		$1.31M Sell
32,451
-1,129
-3% -$44.7K 0.04% 143
2019
Q3 		$1.46M Sell
33,580
-949
-3% -$42.3K 0.04% 135
2019
Q2 		$1.67M Buy
34,529
+135
+0.4% +$6.53K 0.05% 130
2019
Q1 		$1.6M Buy
+34,394
New +$1.49M 0.04% 132

Other funds holding SBR

AP
Americana Partners Houston, Texas $4.44B AUM 29.45% 1-Year Est. Return
BPA
Beacon Pointe Advisors Newport Beach, California $21.5B AUM 23.65% 1-Year Est. Return
PFS
Prospera Financial Services Dallas, Texas $6.89B AUM 37.41% 1-Year Est. Return
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM) Fort Worth, Texas $24.4B AUM 22.19% 1-Year Est. Return
Two Sigma Investments
Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return
Fayez Sarofim & Co
Fayez Sarofim & Co Houston, Texas $42.5B AUM 18.19% 1-Year Est. Return
ATPW
Ashton Thomas Private Wealth Scottsdale, Arizona $4.79B AUM 27.94% 1-Year Est. Return
CAMG
CWA Asset Management Group Naples, Florida $3.28B AUM 34.07% 1-Year Est. Return
HFS
Howard Financial Services Dallas, Texas $1B AUM 20.02% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Murray Stahl's SBR Position: Q2 2026 in Review

Murray Stahl increased its Sabine Royalty Trust (SBR) stake by 0.58% in Q2 2026, buying an estimated $48.7K and bringing the position to 111,796 shares worth $8.18M. The position accounts for 0.09% of the portfolio, ranked #55.

Murray Stahl first reported a position in SBR in Q1 2019 and has held it in 30 quarters since. The position peaked at $8.69M in Q3 2025. 149 funds tracked by Wall St. Rank hold SBR as of Q2 2026.

  • Murray Stahl held 111,796 shares of Sabine Royalty Trust worth $8.18M as of Q2 2026.
  • Murray Stahl bought 646 Sabine Royalty Trust shares in Q2 2026, an estimated $48.7K.
  • Sabine Royalty Trust made up 0.09% of Murray Stahl's portfolio in Q2 2026, its #55 holding.
  • Murray Stahl first reported a position in Sabine Royalty Trust in Q1 2019 and has held it in 30 quarters since.
  • Murray Stahl's Sabine Royalty Trust position peaked at $8.69M in Q3 2025.
  • 149 funds tracked by Wall St. Rank held Sabine Royalty Trust as of Q2 2026.

Based on Horizon Kinetics Asset Management's 13F filing for Q2 2026, filed 11 Aug 2026.