Sabine Royalty Trust
113 hedge funds and large institutions have $130M invested in Sabine Royalty Trust in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 11 closing their positions.
1.17% more ownership
Funds ownership: 12.7% → 13.87% (+1.2%)
4% more capital invested
Capital invested by funds: $124M → $130M (+$5.53M)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0% more funds holding
Funds holding: 113 → 113 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$11M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$3.2M |
| 3 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$765K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$576K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.59M |
| 2 |
Two Sigma Investments
New York
|
-$1.33M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$882K |
| 4 |
Corient Private Wealth
Miami,
Florida
|
-$689K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$580K |
SBR Hedge Fund Activity: Q1 2024 in Review
113 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2024, worth a combined $130M — up 4.5% from $124M a quarter earlier.
Fund positioning in SBR was balanced in Q1 2024: 11 funds opened new positions, 11 closed out, 27 added to existing stakes and 26 trimmed.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $11M. The largest seller was Morgan Stanley, cutting an estimated $2.59M.
- 113 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $130M of Sabine Royalty Trust stock for Q1 2024, up 4.5% quarter-over-quarter.
- 11 funds opened new Sabine Royalty Trust positions in Q1 2024 and 11 closed out, a net change of 0 holders.
- The largest Sabine Royalty Trust buyer in Q1 2024 was Mirae Asset Global Investments, an estimated $11M added.
- The largest Sabine Royalty Trust seller in Q1 2024 was Morgan Stanley, an estimated $2.59M sold.
Based on aggregated 13F filings for Q1 2024.