Sabine Royalty Trust
78 hedge funds and large institutions have $62.1M invested in Sabine Royalty Trust in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 8 closing their positions.
0.33% more ownership
Funds ownership: 9.78% → 10.11% (+0.33%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
1% less funds holding
Funds holding: 79 → 78 (-1)
7% less capital invested
Capital invested by funds: $67M → $62.1M (-$4.93M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$1.25M |
| 2 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$677K |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$634K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$428K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$326K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$665K |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$250K |
| 3 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$231K |
| 4 |
SWA
SFMG Wealth Advisors
Plano,
Texas
|
-$226K |
| 5 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
76
Tradewinds Capital Management
Bellingham,
Washington
| $4K | – | – | – |
|
|
77
Millennium Management
New York
| – | -$665K | -14,137 | Closed |
|
|
SWA
78
SFMG Wealth Advisors
Plano,
Texas
| – | -$226K | -4,800 | Closed |
|
|
BIM
79
Bridgecreek Investment Management
Tulsa,
Oklahoma
| – | -$212K | -4,500 | Closed |
|
|
PCM
80
Perritt Capital Management
Chicago,
Illinois
| – | -$212K | -4,491 | Closed |
|
|
CA
81
Cetera Advisors
Denver,
Colorado
| – | -$207K | -4,452 | Closed |
|
|
GT
82
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$34K | -726 | Closed |
|
83
SEI Investments
Oaks,
Pennsylvania
| – | -$14K | -300 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$9K | -182 | Closed |
|
SBR Hedge Fund Activity: Q3 2018 in Review
78 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2018, worth a combined $62.1M — down 7.4% from $67M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SBR and 7 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 19 added.
The largest buyer was Greylin Investment Management, opening a new position worth an estimated $1.25M. The largest seller was Millennium Management, exiting entirely with an estimated $665K sold.
- 78 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2018, down from 79 in Q2 2018.
- Funds reported $62.1M of Sabine Royalty Trust stock for Q3 2018, down 7.4% quarter-over-quarter.
- 7 funds opened new Sabine Royalty Trust positions in Q3 2018 and 8 closed out, a net change of -1 holder.
- The largest Sabine Royalty Trust buyer in Q3 2018 was Greylin Investment Management, an estimated $1.25M added.
- The largest Sabine Royalty Trust seller in Q3 2018 was Millennium Management, an estimated $665K sold.
Based on aggregated 13F filings for Q3 2018.