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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
DWA
126
Dorsey Wright & Associates
California
-$27.5K -418 Closed
SCA
127
Stonebridge Capital Advisors
Minnesota
-$23.1K -350 Closed
CSPIA
128
Cary Street Partners Investment Advisory
Virginia
-$22.2K -338 Closed
IA
129
IFP Advisors
Florida
-$8.24K -125 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.