Sabine Royalty Trust
68 hedge funds and large institutions have $52.3M invested in Sabine Royalty Trust in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 21 reducing their positions, and 7 closing their positions.
5% more capital invested
Capital invested by funds: $49.9M → $52.3M (+$2.35M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.04% less ownership
Funds ownership: 8.84% → 8.8% (-0.04%)
3% less funds holding
Funds holding: 70 → 68 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
57% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wildcat Capital Management
New York
|
+$4.4M |
| 2 |
Two Sigma Investments
New York
|
+$572K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$206K |
| 4 |
AMIM
Aull & Monroe Investment Management
Mobile,
Alabama
|
+$202K |
| 5 |
TCM
Tradition Capital Management
Summit,
New Jersey
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$2.29M |
| 2 |
GIM
Greylin Investment Management
Orange,
Virginia
|
-$1.12M |
| 3 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$827K |
| 4 |
DLG
Daniel L. Goodwin
|
-$250K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$205K |
SBR Hedge Fund Activity: Q3 2017 in Review
68 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2017, worth a combined $52.3M — up 4.7% from $49.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SBR and 6 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 9 added.
The largest buyer was Wildcat Capital Management, adding an estimated $4.4M. The largest seller was Foster & Motley, exiting entirely with an estimated $2.29M sold.
- 68 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2017, down from 70 in Q2 2017.
- Funds reported $52.3M of Sabine Royalty Trust stock for Q3 2017, up 4.7% quarter-over-quarter.
- 6 funds opened new Sabine Royalty Trust positions in Q3 2017 and 7 closed out, a net change of -1 holder.
- The largest Sabine Royalty Trust buyer in Q3 2017 was Wildcat Capital Management, an estimated $4.4M added.
- The largest Sabine Royalty Trust seller in Q3 2017 was Foster & Motley, an estimated $2.29M sold.
Based on aggregated 13F filings for Q3 2017.