Sabine Royalty Trust
73 hedge funds and large institutions have $50.6M invested in Sabine Royalty Trust in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
31% more capital invested
Capital invested by funds: $38.5M → $50.6M (+$12.1M)
4% more funds holding
Funds holding: 70 → 73 (+3)
2.08% more ownership
Funds ownership: 9.37% → 11.44% (+2.1%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$4.32M |
| 2 |
Morgan Stanley
New York
|
+$2.44M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$1.29M |
| 4 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
+$1.21M |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
-$627K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$366K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$108K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$93.7K |
| 5 |
CCM
Chilton Capital Management
Houston,
Texas
|
-$64.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWCFA
76
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$41K | -1,437 | Closed |
|
|
ASN
77
Advisory Services Network
Atlanta,
Georgia
| – | -$21K | -736 | Closed |
|
|
RWA
78
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$17K | -600 | Closed |
|
|
AWG
79
Altus Wealth Group
Colorado Springs,
Colorado
| – | -$10K | -350 | Closed |
|
80
JP Morgan Chase
New York
| – | -$3K | -100 | Closed |
|
SBR Hedge Fund Activity: Q1 2021 in Review
73 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2021, worth a combined $50.6M — up 31% from $38.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SBR positions and 8 closed out — a net gain of 4 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Luther King Capital Management (LKCM), adding an estimated $4.32M. The largest seller was Edge Capital Group, exiting entirely with an estimated $627K sold.
- 73 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2021, up from 70 in Q4 2020.
- Funds reported $50.6M of Sabine Royalty Trust stock for Q1 2021, up 31% quarter-over-quarter.
- 12 funds opened new Sabine Royalty Trust positions in Q1 2021 and 8 closed out, a net change of +4 holders.
- The largest Sabine Royalty Trust buyer in Q1 2021 was Luther King Capital Management (LKCM), an estimated $4.32M added.
- The largest Sabine Royalty Trust seller in Q1 2021 was Edge Capital Group, an estimated $627K sold.
Based on aggregated 13F filings for Q1 2021.