Sabine Royalty Trust
71 hedge funds and large institutions have $38.4M invested in Sabine Royalty Trust in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 20 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 70 → 71 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $38.5M → $38.4M (-$59.3K)
0.31% less ownership
Funds ownership: 9.55% → 9.24% (-0.31%)
65% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
+$516K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$325K |
| 3 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$221K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$215K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$876K |
| 2 |
GIM
Greylin Investment Management
Orange,
Virginia
|
-$630K |
| 3 |
Millennium Management
New York
|
-$222K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$208K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$180K |
SBR Hedge Fund Activity: Q3 2020 in Review
71 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2020, worth a combined $38.4M — down 0.15% from $38.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SBR positions and 8 closed out — a net gain of 2 holders — while 7 added to existing stakes and 20 trimmed.
The largest buyer was Koshinski Asset Management, opening a new position worth an estimated $516K. The largest seller was Morgan Stanley, cutting an estimated $876K.
- 71 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2020, up from 70 in Q2 2020.
- Funds reported $38.4M of Sabine Royalty Trust stock for Q3 2020, down 0.15% quarter-over-quarter.
- 10 funds opened new Sabine Royalty Trust positions in Q3 2020 and 8 closed out, a net change of +2 holders.
- The largest Sabine Royalty Trust buyer in Q3 2020 was Koshinski Asset Management, an estimated $516K added.
- The largest Sabine Royalty Trust seller in Q3 2020 was Morgan Stanley, an estimated $876K sold.
Based on aggregated 13F filings for Q3 2020.