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SBR

Sabine Royalty Trust

124 hedge funds and large institutions have $172M invested in Sabine Royalty Trust in 2022 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 6

57% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 21

32% more capital invested

Capital invested by funds: $130M → $172M (+$42.1M)

15% more funds holding

Funds holding: 108124 (+16)

1.29% more ownership

Funds ownership: 12.54%13.83% (+1.3%)

Holders
124
Holders Change
+16
Holders Change %
+14.81%
% of All Funds
1.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
24
Increased
33
Reduced
21
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HKAM
26
Horizon Kinetics Asset Management
New York
$1.59M +$726K +8,791 +89%
LPL Financial
27
LPL Financial
California
$1.53M +$111K +1,342 +8%
UCFA
28
United Capital Financial Advisors
Texas
$1.42M -$412K -4,990 -23%
Citadel Advisors
29
Citadel Advisors
Florida
$1.39M -$118K -1,429 -8%
OA
30
Oxbow Advisors
Texas
$1.36M -$914K -11,080 -41%
Creative Planning
31
Creative Planning
Kansas
$1.34M
MWAM
32
Manhattan West Asset Management
California
$1.3M
CIA
33
Capital Investment Advisors
Georgia
$1.26M
UBS Group
34
UBS Group
Switzerland
$1.24M -$329K -3,983 -22%
MTC
35
McDaniel Terry & Co
Texas
$1.2M
PFS
36
Prospera Financial Services
Texas
$1.19M
CAPTRUST Financial Advisors
37
CAPTRUST Financial Advisors
North Carolina
$1.19M
CMI
38
Clare Market Investments
Texas
$1.18M +$41.3K +500 +4%
Envestnet Asset Management
39
Envestnet Asset Management
Illinois
$1.13M
ANTB
40
AMG National Trust Bank
Colorado
$1.08M
EWA
41
Exencial Wealth Advisors
Oklahoma
$1.02M
VCA
42
Verdence Capital Advisors
Maryland
$991K -$39.5K -479 -4%
M
43
MOTCO
Texas
$991K
Ameriprise
44
Ameriprise
Minnesota
$942K +$33.7K +408 +4%
Stifel Financial
45
Stifel Financial
Missouri
$899K +$16.7K +202 +2%
RWP
46
RWA Wealth Partners
Massachusetts
$891K
GCP
47
GSA Capital Partners
United Kingdom
$883K +$522K +6,326 +158%
HighTower Advisors
48
HighTower Advisors
Illinois
$878K +$130K +1,576 +18%
HH
49
Hilltop Holdings
Texas
$863K
FSA
50
Franklin Street Advisors
North Carolina
$861K

SBR Hedge Fund Activity: Q4 2022 in Review

124 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2022, worth a combined $172M — up 32% from $130M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new SBR positions and 6 closed out — a net gain of 18 holders — while 33 added to existing stakes and 21 trimmed.

The largest buyer was Beacon Pointe Advisors, opening a new position worth an estimated $10.8M. The largest seller was Oxbow Advisors, cutting an estimated $914K.

  • 124 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2022, up from 108 in Q3 2022.
  • Funds reported $172M of Sabine Royalty Trust stock for Q4 2022, up 32% quarter-over-quarter.
  • 24 funds opened new Sabine Royalty Trust positions in Q4 2022 and 6 closed out, a net change of +18 holders.
  • The largest Sabine Royalty Trust buyer in Q4 2022 was Beacon Pointe Advisors, an estimated $10.8M added.
  • The largest Sabine Royalty Trust seller in Q4 2022 was Oxbow Advisors, an estimated $914K sold.

Based on aggregated 13F filings for Q4 2022.