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SBR

Sabine Royalty Trust

113 hedge funds and large institutions have $124M invested in Sabine Royalty Trust in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $120M → $124M (+$4.01M)

0.2% more ownership

Funds ownership: 12.5%12.7% (+0.2%)

6% less funds holding

Funds holding: 120113 (-7)

15% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 27

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

Holders
113
Holders Change
-7
Holders Change %
-5.83%
% of All Funds
1.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
23
Reduced
27
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1WM
76
1900 Wealth Management
Texas
$255K -$79.3K -1,255 -25%
Pathstone Holdings
77
Pathstone Holdings
New Jersey
$245K +$229K +3,617 New
Wealth Enhancement Advisory Services
78
Wealth Enhancement Advisory Services
Minnesota
$244K -$18.2K -288 -7%
CAN
79
Cetera Advisor Networks
California
$243K +$32K +506 +16%
RFC
80
Regions Financial Corp
Alabama
$240K
SOW
81
State of Wyoming
Wyoming
$238K -$18.4K -291 -8%
ICM
82
Islay Capital Management
Texas
$237K +$31.6K +500 +17%
ACA
83
Ackerman Capital Advisors
Texas
$231K
ACM
84
Advisors Capital Management
New Jersey
$224K -$6.32K -100 -3%
VEA
85
Virtus ETF Advisers
New York
$214K +$7.59K +120 +4%
FPAS
86
Focus Partners Advisor Solutions
Missouri
$208K
PCM
87
Perritt Capital Management
Illinois
$174K -$2.09K -33 -1%
PNC Financial Services Group
88
PNC Financial Services Group
Pennsylvania
$152K
CAM
89
Creekmur Asset Management
Illinois
$147K +$137K +2,173 New
Lazard Asset Management
90
Lazard Asset Management
New York
$121K +$506 +8 +0.4%
GWM
91
Geneos Wealth Management
Colorado
$110K -$15.8K -250 -13%
ASN
92
Advisory Services Network
Georgia
$95K -$276K -4,359 -76%
Royal Bank of Canada
93
Royal Bank of Canada
Ontario, Canada
$71K +$1.01K +16 +2%
CNBTD
94
Citizens National Bank Trust Department
Mississippi
$67.9K
US Bancorp
95
US Bancorp
Minnesota
$67.9K
TAM
96
Tucker Asset Management
Colorado
$67.7K
JP Morgan Chase
97
JP Morgan Chase
New York
$51.4K -$164K -2,599 -77%
SS
98
Sunbelt Securities
Texas
$40.7K
NA
99
NewEdge Advisors
Louisiana
$36.6K
First Manhattan
100
First Manhattan
New York
$33.9K

SBR Hedge Fund Activity: Q4 2023 in Review

113 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2023, worth a combined $124M — up 3.3% from $120M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of SBR and 10 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 23 added.

The largest buyer was Morgan Stanley, adding an estimated $1.28M. The largest seller was Royce & Associates, exiting entirely with an estimated $2.82M sold.

  • 113 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2023, down from 120 in Q3 2023.
  • Funds reported $124M of Sabine Royalty Trust stock for Q4 2023, up 3.3% quarter-over-quarter.
  • 10 funds opened new Sabine Royalty Trust positions in Q4 2023 and 16 closed out, a net change of -6 holders.
  • The largest Sabine Royalty Trust buyer in Q4 2023 was Morgan Stanley, an estimated $1.28M added.
  • The largest Sabine Royalty Trust seller in Q4 2023 was Royce & Associates, an estimated $2.82M sold.

Based on aggregated 13F filings for Q4 2023.