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SBR

Sabine Royalty Trust

80 hedge funds and large institutions have $61.5M invested in Sabine Royalty Trust in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

5% more funds holding

Funds holding: 7680 (+4)

6% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 17

1.46% less ownership

Funds ownership: 11.59%10.13% (-1.5%)

15% less capital invested

Capital invested by funds: $72.2M → $61.5M (-$10.8M)

Holders
80
Holders Change
+4
Holders Change %
+5.26%
% of All Funds
1.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
16
Reduced
17
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$661K +$29.2K +686 +5%
CIA
27
Capital Investment Advisors
Georgia
$643K -$10.2K -240 -2%
Creative Planning
28
Creative Planning
Kansas
$639K -$63.8K -1,500 -9%
RJA
29
Raymond James & Associates
Florida
$633K +$57.1K +1,343 +10%
MWAM
30
Manhattan West Asset Management
California
$632K +$649K +15,262 New
MTC
31
McDaniel Terry & Co
Texas
$584K
CAPTRUST Financial Advisors
32
CAPTRUST Financial Advisors
North Carolina
$578K +$38.3K +900 +7%
PFS
33
Prospera Financial Services
Texas
$571K
EVM
34
Eaton Vance Management
Massachusetts
$533K
ANTB
35
AMG National Trust Bank
Colorado
$527K
EWA
36
Exencial Wealth Advisors
Oklahoma
$497K -$511K -12,007 -50%
M
37
MOTCO
Texas
$483K
RWP
38
RWA Wealth Partners
Massachusetts
$426K
HH
39
Hilltop Holdings
Texas
$421K
FSA
40
Franklin Street Advisors
North Carolina
$420K
RJFSA
41
Raymond James Financial Services Advisors
Florida
$399K -$22.2K -523 -5%
ATC
42
Argent Trust Co
Tennessee
$395K -$106K -2,500 -21%
LPL Financial
43
LPL Financial
California
$354K -$4.55K -107 -1%
MC
44
Moors & Cabot
Massachusetts
$353K +$12.8K +300 +4%
HKAM
45
Horizon Kinetics Asset Management
New York
$346K -$851 -20 -0.2%
FBC
46
Fairfield, Bush & Co
Connecticut
$305K
CIC
47
Carnegie Investment Counsel
Ohio
$304K
PTC
48
Private Trust Company
Ohio
$283K
Wells Fargo
49
Wells Fargo
California
$274K -$449K -10,551 -62%
PCM
50
Perritt Capital Management
Illinois
$269K

SBR Hedge Fund Activity: Q4 2021 in Review

80 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2021, worth a combined $61.5M — down 15% from $72.2M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new SBR positions and 6 closed out — a net gain of 5 holders — while 16 added to existing stakes and 17 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.83M. The largest seller was Wildcat Capital Management, exiting entirely with an estimated $13.4M sold.

  • 80 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2021, up from 76 in Q3 2021.
  • Funds reported $61.5M of Sabine Royalty Trust stock for Q4 2021, down 15% quarter-over-quarter.
  • 11 funds opened new Sabine Royalty Trust positions in Q4 2021 and 6 closed out, a net change of +5 holders.
  • The largest Sabine Royalty Trust buyer in Q4 2021 was Morgan Stanley, an estimated $3.83M added.
  • The largest Sabine Royalty Trust seller in Q4 2021 was Wildcat Capital Management, an estimated $13.4M sold.

Based on aggregated 13F filings for Q4 2021.