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SBR

Sabine Royalty Trust

124 hedge funds and large institutions have $172M invested in Sabine Royalty Trust in 2022 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 6

57% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 21

32% more capital invested

Capital invested by funds: $130M → $172M (+$42.1M)

15% more funds holding

Funds holding: 108124 (+16)

1.29% more ownership

Funds ownership: 12.54%13.83% (+1.3%)

Holders
124
Holders Change
+16
Holders Change %
+14.81%
% of All Funds
1.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
24
Increased
33
Reduced
21
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Mirae Asset Global Investments
1
Mirae Asset Global Investments
South Korea
$26.2M +$875K +10,608 +4%
Fayez Sarofim & Co
2
Fayez Sarofim & Co
Texas
$17.2M -$103K -1,249 -0.6%
Luther King Capital Management (LKCM)
3
Luther King Capital Management (LKCM)
Texas
$13M -$248K -3,000 -2%
BPA
4
Beacon Pointe Advisors
California
$11.2M +$10.8M +130,900 New
Morgan Stanley
5
Morgan Stanley
New York
$6.07M +$511K +6,190 +10%
RA
6
Royce & Associates
New York
$4.52M
CCM
7
Chilton Capital Management
Texas
$4.27M +$106K +1,282 +3%
Bank of America
8
Bank of America
North Carolina
$3.85M +$65.5K +794 +2%
EFS
9
Essex Financial Services
Connecticut
$3.59M +$503K +6,091 +17%
ANBT
10
American National Bank & Trust
Texas
$3.08M
ECG
11
Edge Capital Group
Georgia
$2.66M
MAA
12
Mraz Amerine & Associates
California
$2.41M -$74.3K -900 -3%
USGIU
13
U.S. Global Investors (USGI)
Texas
$2.26M +$124K +1,500 +6%
CAL
14
Capital Analysts LLC
Pennsylvania
$2.17M -$676K -8,185 -24%
HFS
15
Howard Financial Services
Texas
$2.15M +$17.9K +217 +0.9%
BF
16
BOK Financial
Oklahoma
$2.14M
PGFC
17
Peapack-Gladstone Financial Corp
New Jersey
$2.06M -$96.8K -1,173 -5%
V
18
VeraBank
Texas
$2.05M
RJA
19
Raymond James & Associates
Florida
$2.04M +$450K +5,447 +30%
Osaic Holdings
20
Osaic Holdings
Arizona
$2.01M +$129K +1,563 +7%
BI
21
Bramshill Investments
Florida
$1.86M +$1.79M +21,749 New
Acadian Asset Management
22
Acadian Asset Management
Massachusetts
$1.81M -$170K -2,065 -9%
Mercer Global Advisors
23
Mercer Global Advisors
Colorado
$1.8M +$245K +2,968 +16%
BTI
24
Blue Trust Inc
Georgia
$1.72M +$7.67K +93 +0.4%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$1.61M -$200K -2,423 -11%

SBR Hedge Fund Activity: Q4 2022 in Review

124 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2022, worth a combined $172M — up 32% from $130M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new SBR positions and 6 closed out — a net gain of 18 holders — while 33 added to existing stakes and 21 trimmed.

The largest buyer was Beacon Pointe Advisors, opening a new position worth an estimated $10.8M. The largest seller was Oxbow Advisors, cutting an estimated $914K.

  • 124 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2022, up from 108 in Q3 2022.
  • Funds reported $172M of Sabine Royalty Trust stock for Q4 2022, up 32% quarter-over-quarter.
  • 24 funds opened new Sabine Royalty Trust positions in Q4 2022 and 6 closed out, a net change of +18 holders.
  • The largest Sabine Royalty Trust buyer in Q4 2022 was Beacon Pointe Advisors, an estimated $10.8M added.
  • The largest Sabine Royalty Trust seller in Q4 2022 was Oxbow Advisors, an estimated $914K sold.

Based on aggregated 13F filings for Q4 2022.