Two Sigma Advisers
SBR

Two Sigma Advisers’s Sabine Royalty Trust SBR Stock Holding History

Two Sigma Advisers’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
2025
Q4 		– Sell
-10,800
Closed -$858K – 2585
2025
Q3 		$858K Hold
10,800
– – ﹤0.01% 1536
2025
Q2 		$720K Buy
10,800
+3,154
+41% +$207K ﹤0.01% 1589
2025
Q1 		$518K Buy
+7,646
New +$509K ﹤0.01% 1764
2019
Q4 		– Sell
-8,847
Closed -$384K – 2459
2019
Q3 		$384K Sell
8,847
-698
-7% -$31.1K ﹤0.01% 1819
2019
Q2 		$461K Sell
9,545
-2,300
-19% -$111K ﹤0.01% 1844
2019
Q1 		$551K Sell
11,845
-2,600
-18% -$113K ﹤0.01% 1754
2018
Q4 		$539K Sell
14,445
-387
-3% -$14.7K ﹤0.01% 1735
2018
Q3 		$625K Sell
14,832
-300
-2% -$13.4K ﹤0.01% 1709
2018
Q2 		$712K Sell
15,132
-800
-5% -$37.1K ﹤0.01% 1765
2018
Q1 		$700K Sell
15,932
-102
-0.6% -$4.57K ﹤0.01% 1689
2017
Q4 		$715K Sell
16,034
-198
-1% -$8.44K ﹤0.01% 1647
2017
Q3 		$667K Buy
16,232
+1,800
+12% +$71K ﹤0.01% 1638
2017
Q2 		$559K Buy
14,432
+200
+1% +$7.47K ﹤0.01% 1757
2017
Q1 		$507K Sell
14,232
-2,600
-15% -$96.6K ﹤0.01% 1894
2016
Q4 		$592K Sell
16,832
-564
-3% -$20.4K ﹤0.01% 1780
2016
Q3 		$639K Sell
17,396
-2,600
-13% -$95.5K ﹤0.01% 1559
2016
Q2 		$668K Sell
19,996
-4,800
-19% -$159K ﹤0.01% 1370
2016
Q1 		$734K Buy
24,796
+2,500
+11% +$75.8K ﹤0.01% 1279
2015
Q4 		$585K Buy
22,296
+3,203
+17% +$100K ﹤0.01% 1281
2015
Q3 		$583K Buy
19,093
+3,400
+22% +$112K ﹤0.01% 1234
2015
Q2 		$592K Sell
15,693
-5,714
-27% -$228K ﹤0.01% 1360
2015
Q1 		$842K Buy
21,407
+600
+3% +$24.3K 0.01% 1146
2014
Q4 		$744K Sell
20,807
-4,400
-17% -$208K 0.01% 1350
2014
Q3 		$1.37M Buy
25,207
+1,900
+8% +$108K 0.01% 974
2014
Q2 		$1.41M Buy
23,307
+1,300
+6% +$71.9K 0.01% 986
2014
Q1 		$1.09M Sell
22,007
-5,200
-19% -$261K 0.01% 1108
2013
Q4 		$1.38M Sell
27,207
-13,204
-33% -$677K 0.01% 962
2013
Q3 		$2.06M Sell
40,411
-7,593
-16% -$393K 0.02% 630
2013
Q2 		$2.5M Buy
+48,004
New +$2.46M 0.04% 442

Other funds holding SBR

AP
Americana Partners Houston, Texas $3.85B AUM 23.11% 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 $23.1B AUM 21.31% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
HKAM
Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 1-Year Est. Return
BPA
Beacon Pointe Advisors Newport Beach, California $18.9B AUM 18.9% 1-Year Est. Return
Fayez Sarofim & Co
Fayez Sarofim & Co Houston, Texas $39.1B AUM 15.14% 1-Year Est. Return
HFS
Howard Financial Services Dallas, Texas $1B AUM 20.02% 1-Year Est. Return
Citadel Advisors
Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Two Sigma Advisers's SBR Position: Q4 2025 in Review

Two Sigma Advisers sold out of Sabine Royalty Trust (SBR) in Q4 2025, closing a stake of 10,800 shares — an estimated $858K sold.

Two Sigma Advisers first reported a position in SBR in Q2 2013 and held it in 29 quarters. The position peaked at $2.5M in Q2 2013. 143 funds tracked by Wall St. Rank hold SBR as of Q4 2025.

  • Two Sigma Advisers reported no remaining Sabine Royalty Trust position as of Q4 2025 after selling out during the quarter.
  • Two Sigma Advisers sold 10,800 Sabine Royalty Trust shares in Q4 2025, an estimated $858K.
  • Two Sigma Advisers first reported a position in Sabine Royalty Trust in Q2 2013 and held it in 29 quarters.
  • Two Sigma Advisers's Sabine Royalty Trust position peaked at $2.5M in Q2 2013.
  • 143 funds tracked by Wall St. Rank held Sabine Royalty Trust as of Q4 2025.

Based on Two Sigma Advisers's 13F filing for Q4 2025, filed 17 Feb 2026.