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SBR

Sabine Royalty Trust

73 hedge funds and large institutions have $78.3M invested in Sabine Royalty Trust in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.21% more ownership

Funds ownership: 10.62%10.83% (+0.21%)

0% more capital invested

Capital invested by funds: $78.3M → $78.3M (+$13.9K)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 7573 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

36% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 25

Holders
73
Holders Change
-2
Holders Change %
-2.67%
% of All Funds
2.11%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
5
Increased
16
Reduced
25
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
1
Lucas Capital Management
New Jersey
$18.5M +$19.7K +391 +0.1%
Fayez Sarofim & Co
2
Fayez Sarofim & Co
Texas
$7.49M
Bank of America
3
Bank of America
North Carolina
$5.92M -$5.69M -113,136 -49%
CIA
4
Capital Investment Advisors
Georgia
$4.18M -$23.9K -475 -0.6%
FM
5
Foster & Motley
Ohio
$3.46M -$74.4K -1,480 -2%
CCM
6
Chilton Capital Management
Texas
$3.22M +$3.27M +65,020 New
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$2.67M +$633K +12,589 +32%
US Bancorp
8
US Bancorp
Minnesota
$2.15M +$2.08M +41,450 +1,988%
NIA
9
Northstar Investment Advisors
Colorado
$2.06M -$17.6K -350 -0.8%
ANBT
10
American National Bank & Trust
Texas
$1.74M +$1.77M +35,232 New
FFSOTS
11
Fiduciary Financial Services of The Southwest
Texas
$1.61M -$17.8K -355 -1%
Citadel Advisors
12
Citadel Advisors
Florida
$1.33M +$582K +11,576 +76%
Renaissance Technologies
13
Renaissance Technologies
New York
$1.3M +$683K +13,589 +108%
Two Sigma Advisers
14
Two Sigma Advisers
New York
$1.09M -$261K -5,200 -19%
UCFA
15
United Capital Financial Advisors
Texas
$1.05M
Bessemer Group
16
Bessemer Group
New Jersey
$1.04M
NIM
17
NXG Investment Management
Texas
$949K
SCM
18
Sterling Capital Management
North Carolina
$811K +$587K +11,680 +249%
LPL Financial
19
LPL Financial
California
$763K -$2.41K -48 -0.3%
ZCM
20
Zebra Capital Management
Connecticut
$724K +$400K +7,965 +119%
ANTB
21
AMG National Trust Bank
Colorado
$714K -$4.98K -99 -0.7%
SAM
22
SignalPoint Asset Management
Missouri
$694K +$355K +7,070 +102%
MTC
23
McDaniel Terry & Co
Texas
$693K
Morgan Stanley
24
Morgan Stanley
New York
$662K -$70.4K -1,401 -9%
Creative Planning
25
Creative Planning
Kansas
$622K

SBR Hedge Fund Activity: Q1 2014 in Review

73 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2014, worth a combined $78.3M — up 0.02% from $78.3M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of SBR and 5 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 16 added.

The largest buyer was Chilton Capital Management, opening a new position worth an estimated $3.27M. The largest seller was Bank of America, cutting an estimated $5.69M.

  • 73 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2014, down from 75 in Q4 2013.
  • Funds reported $78.3M of Sabine Royalty Trust stock for Q1 2014, up 0.02% quarter-over-quarter.
  • 5 funds opened new Sabine Royalty Trust positions in Q1 2014 and 7 closed out, a net change of -2 holders.
  • The largest Sabine Royalty Trust buyer in Q1 2014 was Chilton Capital Management, an estimated $3.27M added.
  • The largest Sabine Royalty Trust seller in Q1 2014 was Bank of America, an estimated $5.69M sold.

Based on aggregated 13F filings for Q1 2014.