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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
SPIA
101
Steward Partners Investment Advisory
New York
$29.2K
VWM
102
Venturi Wealth Management
Texas
$27.1K
AF
103
Allworth Financial
California
$19.4K
CFGS
104
Concourse Financial Group Securities
Alabama
$15.6K
Carson Wealth (CWM LLC)
105
Carson Wealth (CWM LLC)
Nebraska
$14K +$253 +4 +2%
TRCT
106
Tower Research Capital (TRC)
New York
$7.87K -$6.07K -96 -45%
HI
107
Harbour Investments
Wisconsin
$5.22K
PA
108
PSI Advisors
Florida
$5.09K
SIS
109
Sound Income Strategies
Florida
$3.39K
UB
110
UMB Bank
Missouri
$3.05K
PS
111
Principal Securities
Iowa
$1.56K +$1.45K +23 New
FFA
112
Farther Finance Advisors
California
$1.49K
Russell Investments Group
113
Russell Investments Group
United Kingdom
$679
RA
114
Royce & Associates
New York
-$2.82M -42,848 Closed
USGIU
115
U.S. Global Investors (USGI)
Texas
-$1.32M -20,000 Closed
Voloridge Investment Management
116
Voloridge Investment Management
Florida
-$611K -9,272 Closed
Cambridge Investment Research Advisors
117
Cambridge Investment Research Advisors
Iowa
-$575K -8,732 Closed
UCFA
118
United Capital Financial Advisors
Texas
-$538K -8,157 Closed
NA
119
Navellier & Associates
Nevada
-$430K -6,532 Closed
Bank of Montreal
120
Bank of Montreal
Ontario, Canada
-$224K -3,336 Closed
CFB
121
Cullen/Frost Bankers
Texas
-$143K -2,164 Closed
Northwestern Mutual Wealth Management
122
Northwestern Mutual Wealth Management
Wisconsin
-$57.6K -874 Closed
RhumbLine Advisers
123
RhumbLine Advisers
Massachusetts
-$46.9K -712 Closed
QT
124
Quantbot Technologies
New York
-$43.8K -665 Closed
TH
125
TCTC Holdings
Texas
-$33.7K -512 Closed

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.