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SBR

Sabine Royalty Trust

75 hedge funds and large institutions have $78.3M invested in Sabine Royalty Trust in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 25 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

4% more funds holding

Funds holding: 7275 (+3)

3% more capital invested

Capital invested by funds: $76M → $78.3M (+$2.21M)

0.36% more ownership

Funds ownership: 10.26%10.62% (+0.36%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

52% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 25

Holders
75
Holders Change
+3
Holders Change %
+4.17%
% of All Funds
2.18%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
12
Reduced
25
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fifth Third Bancorp
51
Fifth Third Bancorp
Ohio
$202K -$13.1K -255 -6%
BFS
52
Bradley Foster & Sargent
Connecticut
$202K
FBC
53
Fairfield, Bush & Co
Connecticut
$191K -$460K -8,981 -70%
HIM
54
Hillsdale Investment Management
Ontario, Canada
$172K +$118K +2,300 +209%
Ameriprise
55
Ameriprise
Minnesota
$163K +$31.5K +614 +24%
WA
56
WFG Advisors
Texas
$110K +$49.7K +969 +80%
US Bancorp
57
US Bancorp
Minnesota
$106K -$6.41K -125 -6%
Invesco
58
Invesco
Georgia
$106K
Deutsche Bank
59
Deutsche Bank
Germany
$101K -$114K -2,221 -52%
Bank of Montreal
60
Bank of Montreal
Ontario, Canada
$82K
LWCFA
61
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$73K
WCM
62
Windsor Capital Management
Arizona
$51K
PCM
63
Prelude Capital Management
New York
$35K
RA
64
Royce & Associates
New York
$35K
Citigroup
65
Citigroup
New York
$34K +$15.4K +300 +79%
MA
66
MUFG Americas
New York
$33K -$20.5K -400 -38%
TFO
67
Tarbox Family Office
California
$30K +$30.8K +600 New
FMP
68
Financial Management Professionals
Texas
$25K
PSI
69
Pinnacle Summer Investments
Virginia
$20K +$20.5K +400 New
RFA
70
Reilly Financial Advisors
California
$10K -$4.1K -80 -29%
CFS
71
Community Financial System
New York
$10K
PNC Financial Services Group
72
PNC Financial Services Group
Pennsylvania
$10K
AIG
73
American International Group
New York
$7.79K
PMFA
74
Plante Moran Financial Advisors
Michigan
$5K +$5.02K +98 New
IWC
75
Integrated Wealth Counsel
California
$4K -$28.2K -551 -88%

SBR Hedge Fund Activity: Q4 2013 in Review

75 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2013, worth a combined $78.3M — up 2.9% from $76M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SBR positions and 6 closed out — a net gain of 4 holders — while 12 added to existing stakes and 25 trimmed.

The largest buyer was TFS Capital, opening a new position worth an estimated $374K. The largest seller was Two Sigma Advisers, cutting an estimated $677K.

  • 75 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2013, up from 72 in Q3 2013.
  • Funds reported $78.3M of Sabine Royalty Trust stock for Q4 2013, up 2.9% quarter-over-quarter.
  • 10 funds opened new Sabine Royalty Trust positions in Q4 2013 and 6 closed out, a net change of +4 holders.
  • The largest Sabine Royalty Trust buyer in Q4 2013 was TFS Capital, an estimated $374K added.
  • The largest Sabine Royalty Trust seller in Q4 2013 was Two Sigma Advisers, an estimated $677K sold.

Based on aggregated 13F filings for Q4 2013.