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SBR

Sabine Royalty Trust

127 hedge funds and large institutions have $130M invested in Sabine Royalty Trust in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 20

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

3% more capital invested

Capital invested by funds: $126M → $130M (+$4.26M)

0.09% more ownership

Funds ownership: 13.08%13.17% (+0.09%)

1% less funds holding

Funds holding: 128127 (-1)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $67K

Holders
127
Holders Change
-1
Holders Change %
-0.78%
% of All Funds
1.7%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
39
Reduced
20
Closed
12
Calls
Puts
$67K
Net Calls
-$67K
Net Calls Change
-$67K
Name Holding Trade Value Shares
Change
Change in
Stake
Brown Advisory
51
Brown Advisory
Maryland
$636K
RWP
52
RWA Wealth Partners
Massachusetts
$634K -$60.7K -911 -9%
CIC
53
Chilton Investment Company
Connecticut
$614K
SOW
54
State of Wyoming
Wyoming
$607K +$116K +1,744 +24%
IFG
55
Independent Financial Group
California
$589K +$76.3K +1,146 +15%
Two Sigma Advisers
56
Two Sigma Advisers
New York
$518K +$509K +7,646 New
Ameriprise
57
Ameriprise
Minnesota
$492K -$2.13K -32 -0.4%
Kovitz Investment Group Partners
58
Kovitz Investment Group Partners
Illinois
$474K
State Street
59
State Street
Massachusetts
$470K +$23.6K +355 +5%
Corient Private Wealth
60
Corient Private Wealth
Florida
$466K
PTC
61
Private Trust Company
Ohio
$460K
HighTower Advisors
62
HighTower Advisors
Illinois
$454K +$16.4K +246 +4%
CIC
63
Carnegie Investment Counsel
Ohio
$444K
BF
64
BOK Financial
Oklahoma
$440K
Lazard Asset Management
65
Lazard Asset Management
New York
$422K +$60.6K +910 +17%
HH
66
Hilltop Holdings
Texas
$413K -$133K -2,000 -25%
HIC
67
Holderness Investments Company
North Carolina
$405K
1WM
68
1900 Wealth Management
Texas
$399K +$76.1K +1,143 +24%
CFO
69
Custos Family Office
Texas
$377K
Cetera Investment Advisers
70
Cetera Investment Advisers
Illinois
$372K -$28K -421 -7%
WHG
71
Westwood Holdings Group
Texas
$359K +$1.26K +19 +0.4%
BFG
72
Beacon Financial Group
Texas
$354K
SWP
73
Significant Wealth Partners
Illinois
$351K +$50.6K +760 +17%
SS
74
Sunbelt Securities
Texas
$338K
ATC
75
Argent Trust Co
Tennessee
$337K

SBR Hedge Fund Activity: Q1 2025 in Review

127 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2025, worth a combined $130M — up 3.4% from $126M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new SBR positions and 12 closed out — a net gain of 1 holder — while 39 added to existing stakes and 20 trimmed.

The largest buyer was SCS Capital Management, opening a new position worth an estimated $2.07M. The largest seller was TrueMark Investments, exiting entirely with an estimated $5.72M sold.

  • 127 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2025, down from 128 in Q4 2024.
  • Funds reported $130M of Sabine Royalty Trust stock for Q1 2025, up 3.4% quarter-over-quarter.
  • 13 funds opened new Sabine Royalty Trust positions in Q1 2025 and 12 closed out, a net change of +1 holder.
  • The largest Sabine Royalty Trust buyer in Q1 2025 was SCS Capital Management, an estimated $2.07M added.
  • The largest Sabine Royalty Trust seller in Q1 2025 was TrueMark Investments, an estimated $5.72M sold.

Based on aggregated 13F filings for Q1 2025.