Sabine Royalty Trust
80 hedge funds and large institutions have $61.5M invested in Sabine Royalty Trust in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
5% more funds holding
Funds holding: 76 → 80 (+4)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
1.46% less ownership
Funds ownership: 11.59% → 10.13% (-1.5%)
15% less capital invested
Capital invested by funds: $72.2M → $61.5M (-$10.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.83M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.07M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$521K |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$459K |
| 5 |
1WM
1900 Wealth Management
San Antonio,
Texas
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wildcat Capital Management
New York
|
-$13.4M |
| 2 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$943K |
| 3 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$511K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$449K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$374K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
76
Concourse Financial Group Securities
Birmingham,
Alabama
| $7K | – | – | – |
|
|
GI
77
Gradient Investments
Arden Hills,
Minnesota
| $7K | +$2.04K | +48 | +42% |
|
|
TFGT
78
TS Financial Group (TSFG)
Lake Forest,
Illinois
| $5K | – | – | – |
|
79
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | +$3.62K | +85 | New |
|
|
UB
80
UMB Bank
Kansas City,
Missouri
| $2K | +$1.91K | +45 | New |
|
|
AWM
81
Accel Wealth Management
Waverly,
Iowa
| $2K | +$2.08K | +49 | New |
|
|
WCM
82
Wildcat Capital Management
New York
| – | -$13.4M | -314,564 | Closed |
|
|
83
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$374K | -8,741 | Closed |
|
84
US Bancorp
Minneapolis,
Minnesota
| – | -$43K | -1,000 | Closed |
|
85
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$17K | -400 | Closed |
|
|
CI
86
CX Institutional
Auburn,
Indiana
| – | -$15K | -339 | Closed |
|
SBR Hedge Fund Activity: Q4 2021 in Review
80 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2021, worth a combined $61.5M — down 15% from $72.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SBR positions and 6 closed out — a net gain of 5 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.83M. The largest seller was Wildcat Capital Management, exiting entirely with an estimated $13.4M sold.
- 80 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2021, up from 76 in Q3 2021.
- Funds reported $61.5M of Sabine Royalty Trust stock for Q4 2021, down 15% quarter-over-quarter.
- 11 funds opened new Sabine Royalty Trust positions in Q4 2021 and 6 closed out, a net change of +5 holders.
- The largest Sabine Royalty Trust buyer in Q4 2021 was Morgan Stanley, an estimated $3.83M added.
- The largest Sabine Royalty Trust seller in Q4 2021 was Wildcat Capital Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q4 2021.