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SBR

Sabine Royalty Trust

80 hedge funds and large institutions have $61.5M invested in Sabine Royalty Trust in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

5% more funds holding

Funds holding: 7680 (+4)

6% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 17

1.46% less ownership

Funds ownership: 11.59%10.13% (-1.5%)

15% less capital invested

Capital invested by funds: $72.2M → $61.5M (-$10.8M)

Holders
80
Holders Change
+4
Holders Change %
+5.26%
% of All Funds
1.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
16
Reduced
17
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
51
Stifel Financial
Missouri
$250K
HighTower Advisors
52
HighTower Advisors
Illinois
$239K +$383 +9 +0.2%
RFC
53
Regions Financial Corp
Alabama
$231K
CMI
54
Clare Market Investments
Texas
$222K
1WM
55
1900 Wealth Management
Texas
$209K +$214K +5,020 New
QCM
56
Quest Capital Management
Texas
$206K
Marshall Wace
57
Marshall Wace
United Kingdom
$188K +$192K +4,520 New
ICM
58
Islay Capital Management
Texas
$166K
GWM
59
Geneos Wealth Management
Colorado
$121K
LF
60
Lee Financial
Texas
$104K
PNC Financial Services Group
61
PNC Financial Services Group
Pennsylvania
$93K +$39.1K +920 +70%
CFB
62
Cullen/Frost Bankers
Texas
$90K -$60.6K -1,425 -40%
LWCFA
63
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$60K
Lazard Asset Management
64
Lazard Asset Management
New York
$48K +$4.08K +96 +9%
CNBTD
65
Citizens National Bank Trust Department
Mississippi
$42K +$42.5K +1,000 New
TAM
66
Tucker Asset Management
Colorado
$41.5K
RWA
67
RGT Wealth Advisors
Texas
$29K +$29.8K +700 New
TH
68
TCTC Holdings
Texas
$21K
First Manhattan
69
First Manhattan
New York
$20K
SCA
70
Stonebridge Capital Advisors
Minnesota
$15K
AF
71
Allworth Financial
California
$12K
Rockefeller Capital Management
72
Rockefeller Capital Management
New York
$9K
TRCT
73
Tower Research Capital (TRC)
New York
$8K +$8.25K +194 New
Carson Wealth (CWM LLC)
74
Carson Wealth (CWM LLC)
Nebraska
$8K +$8.51K +200 New
CTC
75
Central Trust Company
Missouri
$7K

SBR Hedge Fund Activity: Q4 2021 in Review

80 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2021, worth a combined $61.5M — down 15% from $72.2M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new SBR positions and 6 closed out — a net gain of 5 holders — while 16 added to existing stakes and 17 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.83M. The largest seller was Wildcat Capital Management, exiting entirely with an estimated $13.4M sold.

  • 80 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2021, up from 76 in Q3 2021.
  • Funds reported $61.5M of Sabine Royalty Trust stock for Q4 2021, down 15% quarter-over-quarter.
  • 11 funds opened new Sabine Royalty Trust positions in Q4 2021 and 6 closed out, a net change of +5 holders.
  • The largest Sabine Royalty Trust buyer in Q4 2021 was Morgan Stanley, an estimated $3.83M added.
  • The largest Sabine Royalty Trust seller in Q4 2021 was Wildcat Capital Management, an estimated $13.4M sold.

Based on aggregated 13F filings for Q4 2021.