We are live on ! Find out more
SBR

Sabine Royalty Trust
SBR

147 hedge funds and large institutions have $178M invested in Sabine Royalty Trust in 2025 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 5

35% more capital invested

Capital invested by funds: $132M → $178M (+$46M)

26% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 31

8% more funds holding

Funds holding: 136 → 147 (+11)

1.8% more ownership

Funds ownership: 13.55% → 15.35% (+1.8%)

Holders
147
Holders Change
+11
Holders Change %
+8.09%
% of All Funds
1.93%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
39
Reduced
31
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AP
Americana Partners
Texas
+$16.2M
2
PFS
Prospera Financial Services
Texas
+$1.92M
3
HF
HRT Financial
New York
+$1.7M
4
Morgan Stanley
Morgan Stanley
New York
+$1.49M
5
Walleye Capital
Walleye Capital
New York
+$1.27M

Top Sellers

Rank Fund Capital Flow
1
BPA
Beacon Pointe Advisors
California
-$7.88M
2
Marshall Wace
Marshall Wace
United Kingdom
-$1.55M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.48M
4
Wells Fargo
Wells Fargo
California
-$464K
5
Lazard Asset Management
Lazard Asset Management
New York
-$418K
Name Holding Trade Value Shares
Change 		Change in
Stake
FPAS
76
Focus Partners Advisor Solutions
Missouri
$471K +$218K +3,058 +100%
1WM
77
1900 Wealth Management
Texas
$469K – – –
CFO
78
Custos Family Office
Texas
$442K – – –
HH
79
Hilltop Holdings
Texas
$430K -$54.9K -769 -12%
WHG
80
Westwood Holdings Group
Texas
$425K +$1.71K +24 +0.5%
VCM
81
Voleon Capital Management
California
$424K +$381K +5,338 New
SWP
82
Significant Wealth Partners
Illinois
$421K +$40.1K +562 +12%
BFG
83
Beacon Financial Group
Texas
$417K – – –
SS
84
Sunbelt Securities
Texas
$397K – – –
ATC
85
Argent Trust Co
Tennessee
$395K – – –
State of Tennessee, Department of Treasury
86
State of Tennessee, Department of Treasury
Tennessee
$383K +$344K +4,821 New
TWP
87
Tyche Wealth Partners
Texas
$378K – – –
Envestnet Asset Management
88
Envestnet Asset Management
Illinois
$363K +$326K +4,570 New
Millennium Management
89
Millennium Management
New York
$355K +$319K +4,470 New
OA
90
Oxbow Advisors
Texas
$324K -$928 -13 -0.3%
Cambridge Investment Research Advisors
91
Cambridge Investment Research Advisors
Iowa
$313K +$571 +8 +0.2%
PI
92
PFG Investments
New York
$310K +$286 +4 +0.1%
HIP
93
HUB Investment Partners
Texas
$306K +$275K +3,853 New
RFC
94
Regions Financial Corp
Alabama
$303K – – –
Pathstone Holdings
95
Pathstone Holdings
New Jersey
$287K – – –
CAPTRUST Financial Advisors
96
CAPTRUST Financial Advisors
North Carolina
$282K -$12.5K -175 -5%
BNP Paribas Financial Markets
97
BNP Paribas Financial Markets
France
$280K +$201K +2,815 +398%
ICM
98
Islay Capital Management
Texas
$278K +$35.7K +500 +17%
Susquehanna International Group
99
Susquehanna International Group
Pennsylvania
$278K -$1.48M -20,671 -86%
ACA
100
Ackerman Capital Advisors
Texas
$271K – – –
2 3
4
5 6

SBR Hedge Fund Activity: Q3 2025 in Review

147 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2025, worth a combined $178M — up 35% from $132M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new SBR positions and 5 closed out — a net gain of 12 holders — while 39 added to existing stakes and 31 trimmed.

The largest buyer was Americana Partners, adding an estimated $16.2M. The largest seller was Beacon Pointe Advisors, cutting an estimated $7.88M.

  • 147 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2025, up from 136 in Q2 2025.
  • Funds reported $178M of Sabine Royalty Trust stock for Q3 2025, up 35% quarter-over-quarter.
  • 17 funds opened new Sabine Royalty Trust positions in Q3 2025 and 5 closed out, a net change of +12 holders.
  • The largest Sabine Royalty Trust buyer in Q3 2025 was Americana Partners, an estimated $16.2M added.
  • The largest Sabine Royalty Trust seller in Q3 2025 was Beacon Pointe Advisors, an estimated $7.88M sold.

Based on aggregated 13F filings for Q3 2025.