Sabine Royalty Trust
64 hedge funds and large institutions have $47.6M invested in Sabine Royalty Trust in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.33% less ownership
Funds ownership: 9.62% → 9.29% (-0.33%)
7% less funds holding
Funds holding: 69 → 64 (-5)
8% less capital invested
Capital invested by funds: $51.6M → $47.6M (-$3.94M)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$721K |
| 2 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$640K |
| 3 |
Renaissance Technologies
New York
|
+$561K |
| 4 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
+$361K |
| 5 |
Morgan Stanley
New York
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Greylin Investment Management
Orange,
Virginia
|
-$1.06M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$519K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$464K |
| 4 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$415K |
| 5 |
CCM
Chilton Capital Management
Houston,
Texas
|
-$371K |
SBR Hedge Fund Activity: Q4 2016 in Review
64 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2016, worth a combined $47.6M — down 7.6% from $51.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SBR and 5 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 13 added.
The largest buyer was Deutsche Bank, adding an estimated $721K. The largest seller was Greylin Investment Management, exiting entirely with an estimated $1.06M sold.
- 64 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2016, down from 69 in Q3 2016.
- Funds reported $47.6M of Sabine Royalty Trust stock for Q4 2016, down 7.6% quarter-over-quarter.
- 5 funds opened new Sabine Royalty Trust positions in Q4 2016 and 10 closed out, a net change of -5 holders.
- The largest Sabine Royalty Trust buyer in Q4 2016 was Deutsche Bank, an estimated $721K added.
- The largest Sabine Royalty Trust seller in Q4 2016 was Greylin Investment Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q4 2016.