Sabine Royalty Trust
112 hedge funds and large institutions have $130M invested in Sabine Royalty Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 11 closing their positions.
7% more capital invested
Capital invested by funds: $121M → $130M (+$8.25M)
1.44% more ownership
Funds ownership: 12.43% → 13.87% (+1.4%)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
1% less funds holding
Funds holding: 113 → 112 (-1)
9% less first-time investments, than exits
New positions opened: 10 | 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 |
Two Sigma Investments
New York
|
-$1.33M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$882K |
| 3 |
Corient Private Wealth
Miami,
Florida
|
-$689K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$580K |
| 5 |
HIP
HUB Investment Partners
Austin,
Texas
|
-$296K |
SBR Hedge Fund Activity: Q1 2024 in Review
112 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2024, worth a combined $130M — up 6.8% from $121M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SBR and 10 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 27 added.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $11M. The largest seller was Two Sigma Investments, cutting an estimated $1.33M.
- 112 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2024, down from 113 in Q4 2023.
- Funds reported $130M of Sabine Royalty Trust stock for Q1 2024, up 6.8% quarter-over-quarter.
- 10 funds opened new Sabine Royalty Trust positions in Q1 2024 and 11 closed out, a net change of -1 holder.
- 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 Two Sigma Investments, an estimated $1.33M sold.
Based on aggregated 13F filings for Q1 2024.