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SBR

Sabine Royalty Trust

120 hedge funds and large institutions have $120M invested in Sabine Royalty Trust in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.6% less ownership

Funds ownership: 13.1%12.5% (-0.6%)

5% less capital invested

Capital invested by funds: $126M → $120M (-$5.88M)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

2% less funds holding

Funds holding: 123120 (-3)

20% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 15

Holders
120
Holders Change
-3
Holders Change %
-2.44%
% of All Funds
1.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
26
Reduced
28
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
51
Envestnet Asset Management
Illinois
$636K +$19.5K +297 +3%
Voloridge Investment Management
52
Voloridge Investment Management
Florida
$611K -$413K -6,292 -40%
GIM
53
Greylin Investment Management
Virginia
$598K +$598K +9,100 New
CIC
54
Chilton Investment Company
Connecticut
$598K
Brown Advisory
55
Brown Advisory
Maryland
$593K
BF
56
BOK Financial
Oklahoma
$578K -$985K -15,000 -60%
Cambridge Investment Research Advisors
57
Cambridge Investment Research Advisors
Iowa
$575K +$13.1K +199 +2%
STA
58
Summit Trail Advisors
New York
$560K
UCFA
59
United Capital Financial Advisors
Texas
$538K +$536K +8,157 New
CIC
60
Carnegie Investment Counsel
Ohio
$481K
Kovitz Investment Group Partners
61
Kovitz Investment Group Partners
Illinois
$462K
PTC
62
Private Trust Company
Ohio
$448K
NA
63
Navellier & Associates
Nevada
$430K -$257K -3,912 -37%
FBC
64
Fairfield, Bush & Co
Connecticut
$383K
ASN
65
Advisory Services Network
Georgia
$380K -$1.64K -25 -0.4%
CFO
66
Custos Family Office
Texas
$367K
LFA
67
LGT Financial Advisors
Texas
$366K
LWCFA
68
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$352K
AWS
69
Atria Wealth Solutions
New York
$340K +$64.6K +983 +23%
WHG
70
Westwood Holdings Group
Texas
$339K +$525 +8 +0.2%
IFG
71
Independent Financial Group
California
$337K +$10.8K +165 +3%
State Street
72
State Street
Massachusetts
$334K -$13.1K -199 -4%
1WM
73
1900 Wealth Management
Texas
$331K
ATC
74
Argent Trust Co
Tennessee
$328K -$22.2K -338 -6%
Man Group
75
Man Group
United Kingdom
$311K

SBR Hedge Fund Activity: Q3 2023 in Review

120 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2023, worth a combined $120M — down 4.7% from $126M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of SBR and 12 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 26 added.

The largest buyer was Beacon Pointe Advisors, adding an estimated $3.16M. The largest seller was Citadel Advisors, cutting an estimated $2.04M.

  • 120 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2023, down from 123 in Q2 2023.
  • Funds reported $120M of Sabine Royalty Trust stock for Q3 2023, down 4.7% quarter-over-quarter.
  • 12 funds opened new Sabine Royalty Trust positions in Q3 2023 and 15 closed out, a net change of -3 holders.
  • The largest Sabine Royalty Trust buyer in Q3 2023 was Beacon Pointe Advisors, an estimated $3.16M added.
  • The largest Sabine Royalty Trust seller in Q3 2023 was Citadel Advisors, an estimated $2.04M sold.

Based on aggregated 13F filings for Q3 2023.