We are live on ! Find out more
SBR

Sabine Royalty Trust

120 hedge funds and large institutions have $120M invested in Sabine Royalty Trust in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.6% less ownership

Funds ownership: 13.1%12.5% (-0.6%)

5% less capital invested

Capital invested by funds: $126M → $120M (-$5.88M)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

2% less funds holding

Funds holding: 123120 (-3)

20% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 15

Holders
120
Holders Change
-3
Holders Change %
-2.44%
% of All Funds
1.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
26
Reduced
28
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fayez Sarofim & Co
1
Fayez Sarofim & Co
Texas
$16.4M
BPA
2
Beacon Pointe Advisors
California
$12.7M +$3.16M +48,103 +33%
Luther King Capital Management (LKCM)
3
Luther King Capital Management (LKCM)
Texas
$9.92M -$131K -2,000 -1%
Morgan Stanley
4
Morgan Stanley
New York
$3.95M -$1.71M -26,064 -30%
CCM
5
Chilton Capital Management
Texas
$3.28M -$83.1K -1,265 -2%
Bank of America
6
Bank of America
North Carolina
$2.95M +$11.8K +180 +0.4%
RA
7
Royce & Associates
New York
$2.82M
HKAM
8
Horizon Kinetics Asset Management
New York
$2.54M -$248K -3,768 -9%
ANBT
9
American National Bank & Trust
Texas
$2.37M
ECG
10
Edge Capital Group
Georgia
$2.05M
MAA
11
Mraz Amerine & Associates
California
$1.89M -$19.7K -300 -1%
RJA
12
Raymond James & Associates
Florida
$1.74M -$25.7K -391 -1%
CAL
13
Capital Analysts LLC
Pennsylvania
$1.73M +$9.85K +150 +0.6%
HFS
14
Howard Financial Services
Texas
$1.67M +$2.89K +44 +0.2%
Osaic Holdings
15
Osaic Holdings
Arizona
$1.59M +$150K +2,285 +10%
V
16
VeraBank
Texas
$1.58M
Wells Fargo
17
Wells Fargo
California
$1.57M +$670K +10,193 +75%
Koshinski Asset Management
18
Koshinski Asset Management
Illinois
$1.56M +$119K +1,819 +8%
BTI
19
Blue Trust Inc
Georgia
$1.56M
PGFC
20
Peapack-Gladstone Financial Corp
New Jersey
$1.53M +$1.58K +24 +0.1%
Qube Research & Technologies (QRT)
21
Qube Research & Technologies (QRT)
United Kingdom
$1.49M -$136K -2,077 -8%
LPL Financial
22
LPL Financial
California
$1.41M +$192K +2,916 +16%
USGIU
23
U.S. Global Investors (USGI)
Texas
$1.32M
PFS
24
Prospera Financial Services
Texas
$1.29M +$97.4K +1,483 +8%
BI
25
Bramshill Investments
Florida
$1.29M -$138K -2,097 -10%

SBR Hedge Fund Activity: Q3 2023 in Review

120 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q3 2023, worth a combined $120M — down 4.7% from $126M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of SBR and 12 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 26 added.

The largest buyer was Beacon Pointe Advisors, adding an estimated $3.16M. The largest seller was Citadel Advisors, cutting an estimated $2.04M.

  • 120 institutional investors held Sabine Royalty Trust (SBR) as of Q3 2023, down from 123 in Q2 2023.
  • Funds reported $120M of Sabine Royalty Trust stock for Q3 2023, down 4.7% quarter-over-quarter.
  • 12 funds opened new Sabine Royalty Trust positions in Q3 2023 and 15 closed out, a net change of -3 holders.
  • The largest Sabine Royalty Trust buyer in Q3 2023 was Beacon Pointe Advisors, an estimated $3.16M added.
  • The largest Sabine Royalty Trust seller in Q3 2023 was Citadel Advisors, an estimated $2.04M sold.

Based on aggregated 13F filings for Q3 2023.