Sabine Royalty Trust
73 hedge funds and large institutions have $78.3M invested in Sabine Royalty Trust in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 7 closing their positions.
0.21% more ownership
Funds ownership: 10.62% → 10.83% (+0.21%)
0% more capital invested
Capital invested by funds: $78.3M → $78.3M (+$13.9K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 75 → 73 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chilton Capital Management
Houston,
Texas
|
+$3.27M |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
+$2.08M |
| 3 |
ANBT
American National Bank & Trust
Wichita Falls,
Texas
|
+$1.77M |
| 4 |
Renaissance Technologies
New York
|
+$683K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$633K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.69M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.66M |
| 3 |
Two Sigma Investments
New York
|
-$998K |
| 4 |
Two Sigma Advisers
New York
|
-$261K |
| 5 |
Barclays
London,
United Kingdom
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Invesco
Atlanta,
Georgia
| – | -$106K | -2,100 | Closed |
|
|
WCM
77
Windsor Capital Management
Phoenix,
Arizona
| – | -$51K | -1,000 | Closed |
|
|
RA
78
Royce & Associates
New York
| – | -$35K | -700 | Closed |
|
|
TFO
79
Tarbox Family Office
Newport Beach,
California
| – | -$30K | -600 | Closed |
|
|
IWC
80
Integrated Wealth Counsel
Carmel,
California
| – | -$4K | -74 | Closed |
|
SBR Hedge Fund Activity: Q1 2014 in Review
73 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2014, worth a combined $78.3M — up 0.02% from $78.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SBR and 5 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 16 added.
The largest buyer was Chilton Capital Management, opening a new position worth an estimated $3.27M. The largest seller was Bank of America, cutting an estimated $5.69M.
- 73 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2014, down from 75 in Q4 2013.
- Funds reported $78.3M of Sabine Royalty Trust stock for Q1 2014, up 0.02% quarter-over-quarter.
- 5 funds opened new Sabine Royalty Trust positions in Q1 2014 and 7 closed out, a net change of -2 holders.
- The largest Sabine Royalty Trust buyer in Q1 2014 was Chilton Capital Management, an estimated $3.27M added.
- The largest Sabine Royalty Trust seller in Q1 2014 was Bank of America, an estimated $5.69M sold.
Based on aggregated 13F filings for Q1 2014.