Sabine Royalty Trust
129 hedge funds and large institutions have $154M invested in Sabine Royalty Trust in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 26 reducing their positions, and 15 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 26
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
4% more funds holding
Funds holding: 124 → 129 (+5)
0.96% more ownership
Funds ownership: 13.83% → 14.79% (+0.96%)
10% less capital invested
Capital invested by funds: $172M → $154M (-$17.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.07M |
| 2 |
Fayez Sarofim & Co
Houston,
Texas
|
+$4.62M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.13M |
| 4 |
BTI
Blue Trust Inc
Alpharetta,
Georgia
|
+$2.8M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$10.3M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$8.24M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.81M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$987K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$517K |
SBR Hedge Fund Activity: Q1 2023 in Review
129 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2023, worth a combined $154M — down 10% from $172M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SBR positions and 15 closed out — a net gain of 5 holders — while 40 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.07M. The largest seller was Mirae Asset Global Investments, cutting an estimated $10.3M.
- 129 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2023, up from 124 in Q4 2022.
- Funds reported $154M of Sabine Royalty Trust stock for Q1 2023, down 10% quarter-over-quarter.
- 20 funds opened new Sabine Royalty Trust positions in Q1 2023 and 15 closed out, a net change of +5 holders.
- The largest Sabine Royalty Trust buyer in Q1 2023 was Morgan Stanley, an estimated $8.07M added.
- The largest Sabine Royalty Trust seller in Q1 2023 was Mirae Asset Global Investments, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2023.