Sabine Royalty Trust
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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Americana Partners
Houston,
Texas
|
+$16.2M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.92M |
| 3 |
HF
HRT Financial
New York
|
+$1.7M |
| 4 |
Morgan Stanley
New York
|
+$1.49M |
| 5 |
Walleye Capital
New York
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$7.88M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$1.55M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.48M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$464K |
| 5 |
Lazard Asset Management
New York
|
-$418K |
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.