Sabine Royalty Trust
113 hedge funds and large institutions have $121M invested in Sabine Royalty Trust in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 16 closing their positions.
1% more capital invested
Capital invested by funds: $120M → $121M (+$1.29M)
0.07% less ownership
Funds ownership: 12.5% → 12.43% (-0.07%)
6% less funds holding
Funds holding: 120 → 113 (-7)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$1.1M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$588K |
| 3 |
HIC
Holderness Investments Company
Greensboro,
North Carolina
|
+$379K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$336K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$2.82M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$1.32M |
| 3 |
Morgan Stanley
New York
|
-$1.26M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$611K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$575K |
SBR Hedge Fund Activity: Q4 2023 in Review
113 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q4 2023, worth a combined $121M — up 1.1% from $120M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SBR and 10 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 22 added.
The largest buyer was Two Sigma Investments, adding an estimated $1.1M. The largest seller was Royce & Associates, exiting entirely with an estimated $2.82M sold.
- 113 institutional investors held Sabine Royalty Trust (SBR) as of Q4 2023, down from 120 in Q3 2023.
- Funds reported $121M of Sabine Royalty Trust stock for Q4 2023, up 1.1% quarter-over-quarter.
- 10 funds opened new Sabine Royalty Trust positions in Q4 2023 and 16 closed out, a net change of -6 holders.
- The largest Sabine Royalty Trust buyer in Q4 2023 was Two Sigma Investments, an estimated $1.1M added.
- The largest Sabine Royalty Trust seller in Q4 2023 was Royce & Associates, an estimated $2.82M sold.
Based on aggregated 13F filings for Q4 2023.