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SBR

Sabine Royalty Trust

113 hedge funds and large institutions have $124M invested in Sabine Royalty Trust in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $120M → $124M (+$4.01M)

0.2% more ownership

Funds ownership: 12.5%12.7% (+0.2%)

6% less funds holding

Funds holding: 120113 (-7)

15% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 27

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

Holders
113
Holders Change
-7
Holders Change %
-5.83%
% of All Funds
1.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
23
Reduced
27
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HighTower Advisors
51
HighTower Advisors
Illinois
$678K +$4.36K +69 +0.7%
BB
52
Burford Brothers
Texas
$677K +$632K +10,000 New
Envestnet Asset Management
53
Envestnet Asset Management
Illinois
$632K -$21.8K -345 -4%
GIM
54
Greylin Investment Management
Virginia
$616K
CIC
55
Chilton Investment Company
Connecticut
$615K
Brown Advisory
56
Brown Advisory
Maryland
$611K
STA
57
Summit Trail Advisors
New York
$577K
CIC
58
Carnegie Investment Counsel
Ohio
$495K
Kovitz Investment Group Partners
59
Kovitz Investment Group Partners
Illinois
$476K
PTC
60
Private Trust Company
Ohio
$461K
HIC
61
Holderness Investments Company
North Carolina
$406K +$379K +6,000 New
FBC
62
Fairfield, Bush & Co
Connecticut
$395K
CFO
63
Custos Family Office
Texas
$378K
LFA
64
LGT Financial Advisors
Texas
$377K
LWCFA
65
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$374K
IFG
66
Independent Financial Group
California
$363K +$14.4K +228 +4%
WHG
67
Westwood Holdings Group
Texas
$351K +$1.26K +20 +0.4%
TWP
68
Tyche Wealth Partners
Texas
$345K +$321K +5,083 New
ATC
69
Argent Trust Co
Tennessee
$338K
State Street
70
State Street
Massachusetts
$324K -$18.6K -294 -6%
Invesco
71
Invesco
Georgia
$319K
HIP
72
HUB Investment Partners
Texas
$296K +$276K +4,370 New
Citadel Advisors
73
Citadel Advisors
Florida
$291K -$552K -8,733 -67%
OA
74
Oxbow Advisors
Texas
$290K
AWS
75
Atria Wealth Solutions
New York
$279K -$66.5K -1,052 -20%

SBR Hedge Fund Activity: Q4 2023 in Review

113 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2023, worth a combined $124M — up 3.3% from $120M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of SBR and 10 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 23 added.

The largest buyer was Morgan Stanley, adding an estimated $1.28M. The largest seller was Royce & Associates, exiting entirely with an estimated $2.82M sold.

  • 113 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2023, down from 120 in Q3 2023.
  • Funds reported $124M of Sabine Royalty Trust stock for Q4 2023, up 3.3% quarter-over-quarter.
  • 10 funds opened new Sabine Royalty Trust positions in Q4 2023 and 16 closed out, a net change of -6 holders.
  • The largest Sabine Royalty Trust buyer in Q4 2023 was Morgan Stanley, an estimated $1.28M added.
  • The largest Sabine Royalty Trust seller in Q4 2023 was Royce & Associates, an estimated $2.82M sold.

Based on aggregated 13F filings for Q4 2023.