Sabine Royalty Trust
70 hedge funds and large institutions have $49.9M invested in Sabine Royalty Trust in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
11% more funds holding
Funds holding: 63 → 70 (+7)
5% more capital invested
Capital invested by funds: $47.4M → $49.9M (+$2.55M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 9.11% → 8.84% (-0.27%)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wildcat Capital Management
New York
|
+$2.78M |
| 2 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$1.08M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$329K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$276K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$3.11M |
| 2 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$1.76M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$654K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$249K |
| 5 |
GS
Girard Securities
San Diego,
California
|
-$207K |
SBR Hedge Fund Activity: Q2 2017 in Review
70 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2017, worth a combined $49.9M — up 5.4% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SBR positions and 3 closed out — a net gain of 8 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was Wildcat Capital Management, opening a new position worth an estimated $2.78M. The largest seller was Lucas Capital Management, cutting an estimated $3.11M.
- 70 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2017, up from 63 in Q1 2017.
- Funds reported $49.9M of Sabine Royalty Trust stock for Q2 2017, up 5.4% quarter-over-quarter.
- 11 funds opened new Sabine Royalty Trust positions in Q2 2017 and 3 closed out, a net change of +8 holders.
- The largest Sabine Royalty Trust buyer in Q2 2017 was Wildcat Capital Management, an estimated $2.78M added.
- The largest Sabine Royalty Trust seller in Q2 2017 was Lucas Capital Management, an estimated $3.11M sold.
Based on aggregated 13F filings for Q2 2017.