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SBR

Sabine Royalty Trust

127 hedge funds and large institutions have $130M invested in Sabine Royalty Trust in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 20

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

3% more capital invested

Capital invested by funds: $126M → $130M (+$4.26M)

0.09% more ownership

Funds ownership: 13.08%13.17% (+0.09%)

1% less funds holding

Funds holding: 128127 (-1)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $67K

Holders
127
Holders Change
-1
Holders Change %
-0.78%
% of All Funds
1.7%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
39
Reduced
20
Closed
12
Calls
Puts
$67K
Net Calls
-$67K
Net Calls Change
-$67K
Name Holding Trade Value Shares
Change
Change in
Stake
CNBTD
101
Citizens National Bank Trust Department
Mississippi
$67.7K
Royal Bank of Canada
102
Royal Bank of Canada
Ontario, Canada
$60K +$1.2K +18 +2%
CCM
103
Campbell Capital Management
Florida
$54.2K
TRCT
104
Tower Research Capital (TRC)
New York
$44.5K +$43.3K +650 +9,286%
SRCM
105
Signature Resources Capital Management
California
$40.5K
HNB
106
Huntington National Bank
Ohio
$39.7K +$5.79K +87 +17%
NA
107
NewEdge Advisors
Louisiana
$36.6K
OW
108
Olistico Wealth
Oklahoma
$28.9K
BNP Paribas Financial Markets
109
BNP Paribas Financial Markets
France
$26.7K +$26.3K +395 New
Fidelity Investments
110
Fidelity Investments
Massachusetts
$25.2K +$11.3K +170 +84%
Carson Wealth (CWM LLC)
111
Carson Wealth (CWM LLC)
Nebraska
$16K +$266 +4 +2%
HCP
112
Hexagon Capital Partners
Arkansas
$15.9K
SPIA
113
Steward Partners Investment Advisory
New York
$13.5K -$28.6K -430 -68%
FDCDDQ
114
Federation des caisses Desjardins du Quebec
Quebec, Canada
$10.2K
SIC
115
Salem Investment Counselors
North Carolina
$8.43K
HI
116
Harbour Investments
Wisconsin
$7.95K +$133 +2 +2%
MCM
117
Manchester Capital Management
Vermont
$3.72K
SIS
118
Sound Income Strategies
Florida
$3.38K
BlackRock
119
BlackRock
New York
$3.38K +$3.33K +50 New
BIG
120
Brooklyn Investment Group
New York
$3.18K
UB
121
UMB Bank
Missouri
$3.05K
APW
122
Aventura Private Wealth
Florida
$2.29K
FFA
123
Farther Finance Advisors
California
$1.51K
Russell Investments Group
124
Russell Investments Group
United Kingdom
$677
GI
125
GAMMA Investing
California
$406

SBR Hedge Fund Activity: Q1 2025 in Review

127 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2025, worth a combined $130M — up 3.4% from $126M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new SBR positions and 12 closed out — a net gain of 1 holder — while 39 added to existing stakes and 20 trimmed.

The largest buyer was SCS Capital Management, opening a new position worth an estimated $2.07M. The largest seller was TrueMark Investments, exiting entirely with an estimated $5.72M sold.

  • 127 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2025, down from 128 in Q4 2024.
  • Funds reported $130M of Sabine Royalty Trust stock for Q1 2025, up 3.4% quarter-over-quarter.
  • 13 funds opened new Sabine Royalty Trust positions in Q1 2025 and 12 closed out, a net change of +1 holder.
  • The largest Sabine Royalty Trust buyer in Q1 2025 was SCS Capital Management, an estimated $2.07M added.
  • The largest Sabine Royalty Trust seller in Q1 2025 was TrueMark Investments, an estimated $5.72M sold.

Based on aggregated 13F filings for Q1 2025.