Sabine Royalty Trust
72 hedge funds and large institutions have $76M invested in Sabine Royalty Trust in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
4% more funds holding
Funds holding: 69 → 72 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.24% less ownership
Funds ownership: 10.49% → 10.26% (-0.24%)
4% less capital invested
Capital invested by funds: $79.1M → $76M (-$3.05M)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$1.06M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$405K |
| 3 |
Renaissance Technologies
New York
|
+$398K |
| 4 |
Barclays
London,
United Kingdom
|
+$324K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$1.83M |
| 2 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$733K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$519K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$395K |
| 5 |
Two Sigma Advisers
New York
|
-$393K |
SBR Hedge Fund Activity: Q3 2013 in Review
72 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2013, worth a combined $76M — down 3.9% from $79.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SBR positions and 2 closed out — a net gain of 4 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Lucas Capital Management, adding an estimated $1.06M. The largest seller was Integrated Wealth Counsel, cutting an estimated $1.83M.
- 72 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2013, up from 69 in Q2 2013.
- Funds reported $76M of Sabine Royalty Trust stock for Q3 2013, down 3.9% quarter-over-quarter.
- 6 funds opened new Sabine Royalty Trust positions in Q3 2013 and 2 closed out, a net change of +4 holders.
- The largest Sabine Royalty Trust buyer in Q3 2013 was Lucas Capital Management, an estimated $1.06M added.
- The largest Sabine Royalty Trust seller in Q3 2013 was Integrated Wealth Counsel, an estimated $1.83M sold.
Based on aggregated 13F filings for Q3 2013.