Sabine Royalty Trust
77 hedge funds and large institutions have $64.7M invested in Sabine Royalty Trust in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
28% more capital invested
Capital invested by funds: $50.6M → $64.7M (+$14.1M)
5% more funds holding
Funds holding: 73 → 77 (+4)
0.43% less ownership
Funds ownership: 11.44% → 11.02% (-0.43%)
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFS
Essex Financial Services
Essex,
Connecticut
|
+$1.95M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$667K |
| 3 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$250K |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$232K |
| 5 |
VF
Virtu Financial
New York
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.08M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$891K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$793K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$606K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$486K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | -$928 | -26 | -34% |
|
|
AWM
77
Accel Wealth Management
Waverly,
Iowa
| $2K | – | – | – |
|
78
Fidelity Investments
Boston,
Massachusetts
| $1K | +$464 | +13 | New |
|
|
79
California Public Employees Retirement System
Sacramento,
California
| – | -$891K | -29,356 | Closed |
|
|
80
Koshinski Asset Management
Decatur,
Illinois
| – | -$606K | -19,985 | Closed |
|
|
81
Russell Investments Group
London,
United Kingdom
| – | -$486K | -16,024 | Closed |
|
82
Citadel Advisors
Miami,
Florida
| – | -$312K | -10,285 | Closed |
|
83
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$39K | -1,250 | Closed |
|
|
AIC
84
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$30.6K | -1,007 | Closed |
|
|
TC
85
Truvestments Capital
Sarasota,
Florida
| – | -$13K | -440 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$10K | -323 | Closed |
|
|
SPIA
87
Steward Partners Investment Advisory
New York
| – | -$8.8K | -290 | Closed |
|
|
RWB
88
RMR Wealth Builders
Montclair,
New Jersey
| – | -$2K | -53 | Closed |
|
SBR Hedge Fund Activity: Q2 2021 in Review
77 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2021, worth a combined $64.7M — up 28% from $50.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SBR positions and 10 closed out — a net gain of 5 holders — while 8 added to existing stakes and 17 trimmed.
The largest buyer was Essex Financial Services, opening a new position worth an estimated $1.95M. The largest seller was Morgan Stanley, cutting an estimated $2.08M.
- 77 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2021, up from 73 in Q1 2021.
- Funds reported $64.7M of Sabine Royalty Trust stock for Q2 2021, up 28% quarter-over-quarter.
- 15 funds opened new Sabine Royalty Trust positions in Q2 2021 and 10 closed out, a net change of +5 holders.
- The largest Sabine Royalty Trust buyer in Q2 2021 was Essex Financial Services, an estimated $1.95M added.
- The largest Sabine Royalty Trust seller in Q2 2021 was Morgan Stanley, an estimated $2.08M sold.
Based on aggregated 13F filings for Q2 2021.