Sabine Royalty Trust
77 hedge funds and large institutions have $64.7M invested in Sabine Royalty Trust in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
28% more capital invested
Capital invested by funds: $50.6M → $64.7M (+$14.1M)
5% more funds holding
Funds holding: 73 → 77 (+4)
0.43% less ownership
Funds ownership: 11.44% → 11.02% (-0.43%)
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFS
Essex Financial Services
Essex,
Connecticut
|
+$1.95M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$667K |
| 3 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$250K |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$232K |
| 5 |
VF
Virtu Financial
New York
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.08M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$891K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$793K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$606K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$486K |
SBR Hedge Fund Activity: Q2 2021 in Review
77 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2021, worth a combined $64.7M — up 28% from $50.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SBR positions and 10 closed out — a net gain of 5 holders — while 8 added to existing stakes and 17 trimmed.
The largest buyer was Essex Financial Services, opening a new position worth an estimated $1.95M. The largest seller was Morgan Stanley, cutting an estimated $2.08M.
- 77 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2021, up from 73 in Q1 2021.
- Funds reported $64.7M of Sabine Royalty Trust stock for Q2 2021, up 28% quarter-over-quarter.
- 15 funds opened new Sabine Royalty Trust positions in Q2 2021 and 10 closed out, a net change of +5 holders.
- The largest Sabine Royalty Trust buyer in Q2 2021 was Essex Financial Services, an estimated $1.95M added.
- The largest Sabine Royalty Trust seller in Q2 2021 was Morgan Stanley, an estimated $2.08M sold.
Based on aggregated 13F filings for Q2 2021.