Sabine Royalty Trust
70 hedge funds and large institutions have $38.5M invested in Sabine Royalty Trust in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 23 reducing their positions, and 10 closing their positions.
2% more capital invested
Capital invested by funds: $37.8M → $38.5M (+$677K)
0.18% more ownership
Funds ownership: 9.37% → 9.55% (+0.18%)
0% more funds holding
Funds holding: 70 → 70 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
61% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$749K |
| 2 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$622K |
| 3 |
Millennium Management
New York
|
+$412K |
| 4 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$393K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$435K |
| 2 |
Two Sigma Investments
New York
|
-$299K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$291K |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$268K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
JP Morgan Chase
New York
| – | -$1K | -39 | Closed |
|
|
FHA
77
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$1K | -38 | Closed |
|
78
Fidelity Investments
Boston,
Massachusetts
| – | -$164 | -6 | -86% |
|
79
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$438 | +16 | New |
|
SBR Hedge Fund Activity: Q2 2020 in Review
70 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2020, worth a combined $38.5M — up 1.8% from $37.8M a quarter earlier.
Fund positioning in SBR was balanced in Q2 2020: 10 funds opened new positions, 10 closed out, 9 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $749K. The largest seller was Exencial Wealth Advisors, cutting an estimated $435K.
- 70 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $38.5M of Sabine Royalty Trust stock for Q2 2020, up 1.8% quarter-over-quarter.
- 10 funds opened new Sabine Royalty Trust positions in Q2 2020 and 10 closed out, a net change of 0 holders.
- The largest Sabine Royalty Trust buyer in Q2 2020 was Morgan Stanley, an estimated $749K added.
- The largest Sabine Royalty Trust seller in Q2 2020 was Exencial Wealth Advisors, an estimated $435K sold.
Based on aggregated 13F filings for Q2 2020.