Sabine Royalty Trust
124 hedge funds and large institutions have $172M invested in Sabine Royalty Trust in 2022 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 6 closing their positions.
300% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 6
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
32% more capital invested
Capital invested by funds: $130M → $172M (+$42.1M)
15% more funds holding
Funds holding: 108 → 124 (+16)
1.29% more ownership
Funds ownership: 12.54% → 13.83% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$10.8M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.79M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$875K |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$726K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$607K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$914K |
| 2 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
-$676K |
| 3 |
GIM
Greylin Investment Management
Orange,
Virginia
|
-$647K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$412K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$329K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CB
126
Commerce Bank
Kansas City,
Missouri
| – | -$215K | -3,014 | Closed |
|
127
JP Morgan Chase
New York
| – | -$22K | -310 | Closed |
|
|
HI
128
Harbour Investments
Madison,
Wisconsin
| – | -$3K | -50 | Closed |
|
|
NFSG
129
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$3K | -45 | Closed |
|
SBR Hedge Fund Activity: Q4 2022 in Review
124 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2022, worth a combined $172M — up 32% from $130M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SBR positions and 6 closed out — a net gain of 18 holders — while 33 added to existing stakes and 21 trimmed.
The largest buyer was Beacon Pointe Advisors, opening a new position worth an estimated $10.8M. The largest seller was Oxbow Advisors, cutting an estimated $914K.
- 124 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2022, up from 108 in Q3 2022.
- Funds reported $172M of Sabine Royalty Trust stock for Q4 2022, up 32% quarter-over-quarter.
- 24 funds opened new Sabine Royalty Trust positions in Q4 2022 and 6 closed out, a net change of +18 holders.
- The largest Sabine Royalty Trust buyer in Q4 2022 was Beacon Pointe Advisors, an estimated $10.8M added.
- The largest Sabine Royalty Trust seller in Q4 2022 was Oxbow Advisors, an estimated $914K sold.
Based on aggregated 13F filings for Q4 2022.