Sabine Royalty Trust
63 hedge funds and large institutions have $49.4M invested in Sabine Royalty Trust in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.37% less ownership
Funds ownership: 9.34% → 8.97% (-0.37%)
3% less funds holding
Funds holding: 65 → 63 (-2)
8% less capital invested
Capital invested by funds: $53.6M → $49.4M (-$4.2M)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$711K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$664K |
| 3 |
Renaissance Technologies
New York
|
+$410K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$406K |
| 5 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$1.74M |
| 2 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$868K |
| 3 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
-$468K |
| 4 |
SWA
SFMG Wealth Advisors
Plano,
Texas
|
-$310K |
| 5 |
Millennium Management
New York
|
-$294K |
SBR Hedge Fund Activity: Q2 2015 in Review
63 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2015, worth a combined $49.4M — down 7.8% from $53.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SBR and 4 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 15 added.
The largest buyer was Bank of America, adding an estimated $711K. The largest seller was Lucas Capital Management, cutting an estimated $1.74M.
- 63 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2015, down from 65 in Q1 2015.
- Funds reported $49.4M of Sabine Royalty Trust stock for Q2 2015, down 7.8% quarter-over-quarter.
- 4 funds opened new Sabine Royalty Trust positions in Q2 2015 and 6 closed out, a net change of -2 holders.
- The largest Sabine Royalty Trust buyer in Q2 2015 was Bank of America, an estimated $711K added.
- The largest Sabine Royalty Trust seller in Q2 2015 was Lucas Capital Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2015.