Sabine Royalty Trust
123 hedge funds and large institutions have $126M invested in Sabine Royalty Trust in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 33 reducing their positions, and 19 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 33
1.69% less ownership
Funds ownership: 14.79% → 13.1% (-1.7%)
5% less funds holding
Funds holding: 129 → 123 (-6)
18% less capital invested
Capital invested by funds: $154M → $126M (-$28.1M)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$8.51M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.2M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
+$1.57M |
| 4 |
Walleye Capital
New York
|
+$1.08M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$649K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$12.6M |
| 2 |
Morgan Stanley
New York
|
-$6.27M |
| 3 |
BTI
Blue Trust Inc
Alpharetta,
Georgia
|
-$2.59M |
| 4 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$2.21M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.24M |
SBR Hedge Fund Activity: Q2 2023 in Review
123 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2023, worth a combined $126M — down 18% from $154M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SBR and 13 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 30 added.
The largest buyer was Beacon Pointe Advisors, adding an estimated $8.51M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $12.6M sold.
- 123 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2023, down from 129 in Q1 2023.
- Funds reported $126M of Sabine Royalty Trust stock for Q2 2023, down 18% quarter-over-quarter.
- 13 funds opened new Sabine Royalty Trust positions in Q2 2023 and 19 closed out, a net change of -6 holders.
- The largest Sabine Royalty Trust buyer in Q2 2023 was Beacon Pointe Advisors, an estimated $8.51M added.
- The largest Sabine Royalty Trust seller in Q2 2023 was Mirae Asset Global Investments, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2023.