Sabine Royalty Trust
69 hedge funds and large institutions have $45.9M invested in Sabine Royalty Trust in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 10 increasing their positions, 24 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
21% more capital invested
Capital invested by funds: $38.1M → $45.9M (+$7.85M)
15% more funds holding
Funds holding: 60 → 69 (+9)
0.6% more ownership
Funds ownership: 8.82% → 9.43% (+0.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
58% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$1.08M |
| 2 |
CCM
Chilton Capital Management
Houston,
Texas
|
+$520K |
| 3 |
BAC
Boys Arnold & Co
Asheville,
North Carolina
|
+$421K |
| 4 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$395K |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
-$491K |
| 2 |
Millennium Management
New York
|
-$363K |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$316K |
| 4 |
LPL Financial
San Diego,
California
|
-$228K |
| 5 |
Two Sigma Advisers
New York
|
-$159K |
SBR Hedge Fund Activity: Q2 2016 in Review
69 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2016, worth a combined $45.9M — up 21% from $38.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SBR positions and 5 closed out — a net gain of 9 holders — while 10 added to existing stakes and 24 trimmed.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $1.08M. The largest seller was Cetera Advisors, exiting entirely with an estimated $491K sold.
- 69 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2016, up from 60 in Q1 2016.
- Funds reported $45.9M of Sabine Royalty Trust stock for Q2 2016, up 21% quarter-over-quarter.
- 14 funds opened new Sabine Royalty Trust positions in Q2 2016 and 5 closed out, a net change of +9 holders.
- The largest Sabine Royalty Trust buyer in Q2 2016 was Pinnacle Advisory Group, an estimated $1.08M added.
- The largest Sabine Royalty Trust seller in Q2 2016 was Cetera Advisors, an estimated $491K sold.
Based on aggregated 13F filings for Q2 2016.