Sabine Royalty Trust
81 hedge funds and large institutions have $62.8M invested in Sabine Royalty Trust in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
8% more funds holding
Funds holding: 75 → 81 (+6)
5% more capital invested
Capital invested by funds: $59.6M → $62.8M (+$3.18M)
0.63% more ownership
Funds ownership: 9.18% → 9.81% (+0.63%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wildcat Capital Management
New York
|
+$2.26M |
| 2 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$1.26M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$931K |
| 4 |
Renaissance Technologies
New York
|
+$361K |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$828K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$357K |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$346K |
| 4 |
VF
Virtu Financial
New York
|
-$265K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$216K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| $13K | +$13.5K | +300 | New |
|
|
CPIG
77
Chicago Partners Investment Group
Chicago,
Illinois
| $4K | – | – | – |
|
|
IA
78
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
TCM
79
Tradewinds Capital Management
Bellingham,
Washington
| $4K | +$4.48K | +100 | New |
|
|
PA
80
Perennial Advisors
New York
| $2K | +$942 | +21 | +91% |
|
|
81
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$357K | -8,000 | Closed |
|
|
VF
82
Virtu Financial
New York
| – | -$265K | -5,942 | Closed |
|
|
CA
83
Cetera Advisors
Denver,
Colorado
| – | -$216K | -4,895 | Closed |
|
|
GF
84
Goodman Financial
Houston,
Texas
| – | -$66K | -1,483 | Closed |
|
|
SPIA
85
Steward Partners Investment Advisory
New York
| – | -$22K | -500 | Closed |
|
|
BBHC
86
Brown Brothers Harriman & Co
New York
| – | -$18K | -400 | Closed |
|
87
Citigroup
New York
| – | -$7K | -153 | Closed |
|
|
CA
88
Calton & Associates
Tampa,
Florida
| – | -$2K | -50 | Closed |
|
|
RFM
89
Royal Fund Management
Lady Lake,
Florida
| – | +$448 | +10 | New |
|
SBR Hedge Fund Activity: Q1 2018 in Review
81 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2018, worth a combined $62.8M — up 5.3% from $59.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SBR positions and 8 closed out — a net gain of 6 holders — while 16 added to existing stakes and 20 trimmed.
The largest buyer was Wildcat Capital Management, adding an estimated $2.26M. The largest seller was Commonwealth Equity Services, cutting an estimated $828K.
- 81 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2018, up from 75 in Q4 2017.
- Funds reported $62.8M of Sabine Royalty Trust stock for Q1 2018, up 5.3% quarter-over-quarter.
- 14 funds opened new Sabine Royalty Trust positions in Q1 2018 and 8 closed out, a net change of +6 holders.
- The largest Sabine Royalty Trust buyer in Q1 2018 was Wildcat Capital Management, an estimated $2.26M added.
- The largest Sabine Royalty Trust seller in Q1 2018 was Commonwealth Equity Services, an estimated $828K sold.
Based on aggregated 13F filings for Q1 2018.