Sabine Royalty Trust
70 hedge funds and large institutions have $51.7M invested in Sabine Royalty Trust in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more capital invested
Capital invested by funds: $45.9M → $51.7M (+$5.8M)
1% more funds holding
Funds holding: 69 → 70 (+1)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.22% more ownership
Funds ownership: 9.43% → 9.65% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$500K |
| 2 |
HC
Hawkins Capital
Houston,
Texas
|
+$320K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
+$296K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$268K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$288K |
| 2 |
Millennium Management
New York
|
-$271K |
| 3 |
Two Sigma Advisers
New York
|
-$95.5K |
| 4 |
FBC
Fairfield, Bush & Co
Darien,
Connecticut
|
-$92.7K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$88.2K |
SBR Hedge Fund Activity: Q3 2016 in Review
70 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2016, worth a combined $51.7M — up 13% from $45.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SBR positions and 2 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $500K. The largest seller was AMG National Trust Bank, cutting an estimated $288K.
- 70 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2016, up from 69 in Q2 2016.
- Funds reported $51.7M of Sabine Royalty Trust stock for Q3 2016, up 13% quarter-over-quarter.
- 3 funds opened new Sabine Royalty Trust positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest Sabine Royalty Trust buyer in Q3 2016 was Renaissance Technologies, an estimated $500K added.
- The largest Sabine Royalty Trust seller in Q3 2016 was AMG National Trust Bank, an estimated $288K sold.
Based on aggregated 13F filings for Q3 2016.