We are live on ! Find out more
SBR

Sabine Royalty Trust
SBR

120 hedge funds and large institutions have $120M invested in Sabine Royalty Trust in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.6% less ownership

Funds ownership: 13.1% → 12.5% (-0.6%)

5% less capital invested

Capital invested by funds: $126M → $120M (-$5.88M)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

2% less funds holding

Funds holding: 123 → 120 (-3)

20% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 15

Holders
120
Holders Change
-3
Holders Change %
-2.44%
% of All Funds
1.9%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
12
Increased
26
Reduced
28
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BPA
Beacon Pointe Advisors
California
+$3.16M
2
RWP
RWA Wealth Partners
Massachusetts
+$671K
3
Wells Fargo
Wells Fargo
California
+$670K
4
GIM
Greylin Investment Management
Virginia
+$598K
5
UCFA
United Capital Financial Advisors
Texas
+$536K

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$2.04M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.02M
3
Morgan Stanley
Morgan Stanley
New York
-$1.71M
4
Walleye Capital
Walleye Capital
New York
-$994K
5
BF
BOK Financial
Oklahoma
-$985K
Name Holding Trade Value Shares
Change 		Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$1.25M +$38.7K +589 +3%
Mercer Global Advisors
27
Mercer Global Advisors
Colorado
$1.2M -$196K -2,988 -14%
Corient Private Wealth
28
Corient Private Wealth
Florida
$1.18M – – –
CMI
29
Clare Market Investments
Texas
$1.07M -$16.4K -250 -2%
Creative Planning
30
Creative Planning
Kansas
$1.04M – – –
PA
31
PFG Advisors
Arizona
$973K – – –
TCA
32
Transcend Capital Advisors
New Jersey
$954K – – –
CIA
33
Capital Investment Advisors
Georgia
$925K -$34.5K -525 -4%
MTC
34
McDaniel Terry & Co
Texas
$923K – – –
MWAM
35
Manhattan West Asset Management
California
$912K – – –
UBS Group
36
UBS Group
Switzerland
$911K +$86.7K +1,320 +11%
Citadel Advisors
37
Citadel Advisors
Florida
$858K -$2.04M -31,024 -70%
CAPTRUST Financial Advisors
38
CAPTRUST Financial Advisors
North Carolina
$856K – – –
ANTB
39
AMG National Trust Bank
Colorado
$835K – – –
Two Sigma Investments
40
Two Sigma Investments
New York
$811K +$441K +6,708 +120%
Stifel Financial
41
Stifel Financial
Missouri
$801K +$68K +1,035 +9%
EWA
42
Exencial Wealth Advisors
Oklahoma
$789K – – –
M
43
MOTCO
Texas
$764K – – –
VCA
44
Verdence Capital Advisors
Maryland
$764K – – –
EFS
45
Essex Financial Services
Connecticut
$746K -$9.59K -146 -1%
MC
46
Moors & Cabot
Massachusetts
$723K +$19.4K +295 +3%
RWP
47
RWA Wealth Partners
Massachusetts
$673K +$671K +10,209 New
HH
48
Hilltop Holdings
Texas
$666K – – –
FSA
49
Franklin Street Advisors
North Carolina
$664K – – –
HighTower Advisors
50
HighTower Advisors
Illinois
$654K +$190K +2,887 +41%
1
2
3 4 5

SBR Hedge Fund Activity: Q3 2023 in Review

120 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2023, worth a combined $120M — down 4.7% from $126M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of SBR and 12 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 26 added.

The largest buyer was Beacon Pointe Advisors, adding an estimated $3.16M. The largest seller was Citadel Advisors, cutting an estimated $2.04M.

  • 120 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2023, down from 123 in Q2 2023.
  • Funds reported $120M of Sabine Royalty Trust stock for Q3 2023, down 4.7% quarter-over-quarter.
  • 12 funds opened new Sabine Royalty Trust positions in Q3 2023 and 15 closed out, a net change of -3 holders.
  • The largest Sabine Royalty Trust buyer in Q3 2023 was Beacon Pointe Advisors, an estimated $3.16M added.
  • The largest Sabine Royalty Trust seller in Q3 2023 was Citadel Advisors, an estimated $2.04M sold.

Based on aggregated 13F filings for Q3 2023.