Sabine Royalty Trust
65 hedge funds and large institutions have $39.8M invested in Sabine Royalty Trust in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 63 → 65 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.04% less ownership
Funds ownership: 8.97% → 8.93% (-0.04%)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
19% less capital invested
Capital invested by funds: $49.4M → $39.8M (-$9.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$716K |
| 2 |
Two Sigma Investments
New York
|
+$392K |
| 3 |
UR
USCA RIA
Houston,
Texas
|
+$346K |
| 4 |
FM
Foster & Motley
Cincinnati,
Ohio
|
+$334K |
| 5 |
Millennium Management
New York
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFSOTS
Fiduciary Financial Services of The Southwest
Dallas,
Texas
|
-$1.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$521K |
| 3 |
WF
Welch & Forbes
Boston,
Massachusetts
|
-$261K |
| 4 |
DLG
Daniel L. Goodwin
|
-$243K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$240K |
SBR Hedge Fund Activity: Q3 2015 in Review
65 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2015, worth a combined $39.8M — down 19% from $49.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SBR positions and 6 closed out — a net gain of 2 holders — while 17 added to existing stakes and 18 trimmed.
The largest buyer was Sterling Capital Management, opening a new position worth an estimated $716K. The largest seller was Fiduciary Financial Services of The Southwest, exiting entirely with an estimated $1.1M sold.
- 65 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2015, up from 63 in Q2 2015.
- Funds reported $39.8M of Sabine Royalty Trust stock for Q3 2015, down 19% quarter-over-quarter.
- 8 funds opened new Sabine Royalty Trust positions in Q3 2015 and 6 closed out, a net change of +2 holders.
- The largest Sabine Royalty Trust buyer in Q3 2015 was Sterling Capital Management, an estimated $716K added.
- The largest Sabine Royalty Trust seller in Q3 2015 was Fiduciary Financial Services of The Southwest, an estimated $1.1M sold.
Based on aggregated 13F filings for Q3 2015.