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SBR

Sabine Royalty Trust

75 hedge funds and large institutions have $78.3M invested in Sabine Royalty Trust in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 25 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

4% more funds holding

Funds holding: 7275 (+3)

3% more capital invested

Capital invested by funds: $76M → $78.3M (+$2.21M)

0.36% more ownership

Funds ownership: 10.26%10.62% (+0.36%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

52% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 25

Holders
75
Holders Change
+3
Holders Change %
+4.17%
% of All Funds
2.18%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
12
Reduced
25
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GGPS
26
Gary Goldberg Planning Services
New York
$547K -$127K -2,477 -19%
Luther King Capital Management (LKCM)
27
Luther King Capital Management (LKCM)
Texas
$515K -$15.4K -300 -3%
NPC
28
National Planning Corporation
California
$498K -$60.7K -1,185 -11%
SWA
29
SFMG Wealth Advisors
Texas
$417K
First Manhattan
30
First Manhattan
New York
$392K
GT
31
Glenmede Trust
Pennsylvania
$376K
TC
32
TFS Capital
Pennsylvania
$369K +$374K +7,296 New
SAM
33
SignalPoint Asset Management
Missouri
$351K +$356K +6,947 New
Royal Bank of Canada
34
Royal Bank of Canada
Ontario, Canada
$343K -$56.8K -1,108 -14%
Bank of New York Mellon
35
Bank of New York Mellon
New York
$341K
U
36
UBS
Switzerland
$340K -$66.4K -1,295 -16%
ZCM
37
Zebra Capital Management
Connecticut
$337K +$15.4K +301 +5%
DLG
38
Daniel L. Goodwin
$326K
EVC
39
Eidelman Virant Capital
Missouri
$303K
TYCC
40
Texas Yale Capital Corp
Florida
$299K +$28.2K +550 +10%
NCCM
41
Nine Chapters Capital Management
New Jersey
$288K +$292K +5,700 New
Commonwealth Equity Services
42
Commonwealth Equity Services
Massachusetts
$287K -$27.6K -539 -9%
GLRA
43
Gerald L. Ray & Associates
Texas
$278K -$15.4K -300 -5%
AMIM
44
Aull & Monroe Investment Management
Alabama
$258K
SPC
45
Stewart & Patten Company
California
$253K +$256K +5,000 New
TCM
46
Tradition Capital Management
New Jersey
$252K
SCM
47
Sterling Capital Management
North Carolina
$238K +$241K +4,700 New
CFB
48
Cullen/Frost Bankers
Texas
$229K -$76.9K -1,500 -25%
FCBT
49
First Citizens Bank & Trust
North Carolina
$228K
LTFS
50
Ladenburg Thalmann Financial Services
Florida
$213K -$27K -527 -11%

SBR Hedge Fund Activity: Q4 2013 in Review

75 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2013, worth a combined $78.3M — up 2.9% from $76M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SBR positions and 6 closed out — a net gain of 4 holders — while 12 added to existing stakes and 25 trimmed.

The largest buyer was TFS Capital, opening a new position worth an estimated $374K. The largest seller was Two Sigma Advisers, cutting an estimated $677K.

  • 75 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2013, up from 72 in Q3 2013.
  • Funds reported $78.3M of Sabine Royalty Trust stock for Q4 2013, up 2.9% quarter-over-quarter.
  • 10 funds opened new Sabine Royalty Trust positions in Q4 2013 and 6 closed out, a net change of +4 holders.
  • The largest Sabine Royalty Trust buyer in Q4 2013 was TFS Capital, an estimated $374K added.
  • The largest Sabine Royalty Trust seller in Q4 2013 was Two Sigma Advisers, an estimated $677K sold.

Based on aggregated 13F filings for Q4 2013.