Sabine Royalty Trust
85 hedge funds and large institutions have $64.6M invested in Sabine Royalty Trust in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 10 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
0.2% more ownership
Funds ownership: 10.04% → 10.24% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 87 → 85 (-2)
9% less capital invested
Capital invested by funds: $70.8M → $64.6M (-$6.17M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Davidson Investment Advisors
Great Falls,
Montana
|
+$1.29M |
| 2 |
Morgan Stanley
New York
|
+$692K |
| 3 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$456K |
| 4 |
SS
Sunbelt Securities
Houston,
Texas
|
+$387K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$457K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$361K |
| 3 |
BlackRock
New York
|
-$293K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$255K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$254K |
SBR Hedge Fund Activity: Q3 2019 in Review
85 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2019, worth a combined $64.6M — down 8.7% from $70.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SBR and 8 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 18 added.
The largest buyer was Davidson Investment Advisors, opening a new position worth an estimated $1.29M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $457K sold.
- 85 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2019, down from 87 in Q2 2019.
- Funds reported $64.6M of Sabine Royalty Trust stock for Q3 2019, down 8.7% quarter-over-quarter.
- 8 funds opened new Sabine Royalty Trust positions in Q3 2019 and 10 closed out, a net change of -2 holders.
- The largest Sabine Royalty Trust buyer in Q3 2019 was Davidson Investment Advisors, an estimated $1.29M added.
- The largest Sabine Royalty Trust seller in Q3 2019 was Renaissance Technologies, an estimated $457K sold.
Based on aggregated 13F filings for Q3 2019.