We are live on ! Find out more
SBR

Sabine Royalty Trust
SBR

120 hedge funds and large institutions have $120M invested in Sabine Royalty Trust in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.6% less ownership

Funds ownership: 13.1% → 12.5% (-0.6%)

5% less capital invested

Capital invested by funds: $126M → $120M (-$5.88M)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

2% less funds holding

Funds holding: 123 → 120 (-3)

20% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 15

Holders
120
Holders Change
-3
Holders Change %
-2.44%
% of All Funds
1.9%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
12
Increased
26
Reduced
28
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BPA
Beacon Pointe Advisors
California
+$3.16M
2
RWP
RWA Wealth Partners
Massachusetts
+$671K
3
Wells Fargo
Wells Fargo
California
+$670K
4
GIM
Greylin Investment Management
Virginia
+$598K
5
UCFA
United Capital Financial Advisors
Texas
+$536K

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$2.04M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.02M
3
Morgan Stanley
Morgan Stanley
New York
-$1.71M
4
Walleye Capital
Walleye Capital
New York
-$994K
5
BF
BOK Financial
Oklahoma
-$985K
Name Holding Trade Value Shares
Change 		Change in
Stake
Invesco
76
Invesco
Georgia
$310K – – –
OA
77
Oxbow Advisors
Texas
$282K -$945K -14,383 -77%
Wealth Enhancement Advisory Services
78
Wealth Enhancement Advisory Services
Minnesota
$256K +$255K +3,887 New
SOW
79
State of Wyoming
Wyoming
$250K +$71.3K +1,086 +40%
PFO
80
Pathstone Family Office
New Jersey
$238K +$238K +3,617 New
RFC
81
Regions Financial Corp
Alabama
$233K -$20.3K -309 -8%
ACA
82
Ackerman Capital Advisors
Texas
$225K – – –
ACM
83
Advisors Capital Management
New Jersey
$224K -$3.28K -50 -1%
Bank of Montreal
84
Bank of Montreal
Ontario, Canada
$224K +$219K +3,336 New
JP Morgan Chase
85
JP Morgan Chase
New York
$221K +$221K +3,357 New
CAN
86
Cetera Advisor Networks
California
$203K +$202K +3,079 New
FPAS
87
Focus Partners Advisor Solutions
Missouri
$202K – – –
VEA
88
Virtus ETF Advisers
New York
$200K -$11.2K -170 -5%
ICM
89
Islay Capital Management
Texas
$197K – – –
PCM
90
Perritt Capital Management
Illinois
$171K – – –
PNC Financial Services Group
91
PNC Financial Services Group
Pennsylvania
$147K – – –
CFB
92
Cullen/Frost Bankers
Texas
$143K – – –
GWM
93
Geneos Wealth Management
Colorado
$123K – – –
Lazard Asset Management
94
Lazard Asset Management
New York
$117K +$9.59K +146 +9%
Royal Bank of Canada
95
Royal Bank of Canada
Ontario, Canada
$68K -$15.2K -232 -18%
CNBTD
96
Citizens National Bank Trust Department
Mississippi
$65.9K – – –
US Bancorp
97
US Bancorp
Minnesota
$65.9K – – –
TAM
98
Tucker Asset Management
Colorado
$65.8K – – –
Northwestern Mutual Wealth Management
99
Northwestern Mutual Wealth Management
Wisconsin
$57.6K +$44.5K +677 +344%
RhumbLine Advisers
100
RhumbLine Advisers
Massachusetts
$46.9K – – –
2 3
4
5 6

SBR Hedge Fund Activity: Q3 2023 in Review

120 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2023, worth a combined $120M — down 4.7% from $126M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of SBR and 12 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 26 added.

The largest buyer was Beacon Pointe Advisors, adding an estimated $3.16M. The largest seller was Citadel Advisors, cutting an estimated $2.04M.

  • 120 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2023, down from 123 in Q2 2023.
  • Funds reported $120M of Sabine Royalty Trust stock for Q3 2023, down 4.7% quarter-over-quarter.
  • 12 funds opened new Sabine Royalty Trust positions in Q3 2023 and 15 closed out, a net change of -3 holders.
  • The largest Sabine Royalty Trust buyer in Q3 2023 was Beacon Pointe Advisors, an estimated $3.16M added.
  • The largest Sabine Royalty Trust seller in Q3 2023 was Citadel Advisors, an estimated $2.04M sold.

Based on aggregated 13F filings for Q3 2023.