Sabine Royalty Trust
79 hedge funds and large institutions have $67M invested in Sabine Royalty Trust in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $62.8M → $67M (+$4.22M)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.03% less ownership
Funds ownership: 9.81% → 9.78% (-0.03%)
2% less funds holding
Funds holding: 81 → 79 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$742K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$628K |
| 3 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$474K |
| 4 |
Millennium Management
New York
|
+$434K |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Greylin Investment Management
Orange,
Virginia
|
-$1.24M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$626K |
| 3 |
Renaissance Technologies
New York
|
-$358K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$342K |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$326K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
76
Tradewinds Capital Management
Bellingham,
Washington
| $5K | – | – | – |
|
|
IA
77
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
WAM
78
Watermark Asset Management
San Ramon,
California
| $1K | +$510 | +11 | New |
|
|
GIM
79
Greylin Investment Management
Orange,
Virginia
| – | -$1.24M | -28,127 | Closed |
|
|
PAG
80
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$626K | -14,238 | Closed |
|
|
SFI
81
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$326K | -7,421 | Closed |
|
82
Two Sigma Investments
New York
| – | -$202K | -4,601 | Closed |
|
|
APP
83
Avantax Planning Partners
Dubuque,
Iowa
| – | -$35K | -800 | Closed |
|
|
CPIG
84
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$4K | -99 | Closed |
|
SBR Hedge Fund Activity: Q2 2018 in Review
79 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2018, worth a combined $67M — up 6.7% from $62.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SBR and 5 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 18 added.
The largest buyer was Stifel Financial, adding an estimated $742K. The largest seller was Greylin Investment Management, exiting entirely with an estimated $1.24M sold.
- 79 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2018, down from 81 in Q1 2018.
- Funds reported $67M of Sabine Royalty Trust stock for Q2 2018, up 6.7% quarter-over-quarter.
- 5 funds opened new Sabine Royalty Trust positions in Q2 2018 and 6 closed out, a net change of -1 holder.
- The largest Sabine Royalty Trust buyer in Q2 2018 was Stifel Financial, an estimated $742K added.
- The largest Sabine Royalty Trust seller in Q2 2018 was Greylin Investment Management, an estimated $1.24M sold.
Based on aggregated 13F filings for Q2 2018.