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SBR

Sabine Royalty Trust

127 hedge funds and large institutions have $130M invested in Sabine Royalty Trust in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 20

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

3% more capital invested

Capital invested by funds: $126M → $130M (+$4.26M)

0.09% more ownership

Funds ownership: 13.08%13.17% (+0.09%)

1% less funds holding

Funds holding: 128127 (-1)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $67K

Holders
127
Holders Change
-1
Holders Change %
-0.78%
% of All Funds
1.7%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
39
Reduced
20
Closed
12
Calls
Puts
$67K
Net Calls
-$67K
Net Calls Change
-$67K
Name Holding Trade Value Shares
Change
Change in
Stake
Fayez Sarofim & Co
1
Fayez Sarofim & Co
Texas
$15.3M -$2M -30,000 -12%
BPA
2
Beacon Pointe Advisors
California
$13.1M +$356K +5,340 +3%
Luther King Capital Management (LKCM)
3
Luther King Capital Management (LKCM)
Texas
$9.72M
HKAM
4
Horizon Kinetics Asset Management
New York
$8.01M +$557K +8,360 +8%
HFS
5
Howard Financial Services
Texas
$5.22M +$6.46K +97 +0.1%
Morgan Stanley
6
Morgan Stanley
New York
$4.82M +$2.02M +30,311 +74%
Two Sigma Investments
7
Two Sigma Investments
New York
$2.89M +$1.92M +28,811 +209%
CCM
8
Chilton Capital Management
Texas
$2.77M -$337K -5,066 -11%
SCM
9
SCS Capital Management
Massachusetts
$2.11M +$2.07M +31,115 New
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$2.01M +$378K +5,678 +24%
PFS
11
Prospera Financial Services
Texas
$2M +$7.59K +114 +0.4%
BTI
12
Blue Trust Inc
Georgia
$1.95M
CIA
13
Concurrent Investment Advisors
Florida
$1.92M +$14.2K +213 +0.8%
CMI
14
Clare Market Investments
Texas
$1.88M +$300K +4,500 +19%
Bank of America
15
Bank of America
North Carolina
$1.72M +$154K +2,307 +10%
MAA
16
Mraz Amerine & Associates
California
$1.65M +$4.46K +67 +0.3%
V
17
VeraBank
Texas
$1.63M
CAL
18
Capital Analysts LLC
Pennsylvania
$1.6M -$43.3K -650 -3%
GSCM
19
Greenfield Seitz Capital Management
Texas
$1.57M +$2K +30 +0.1%
Qube Research & Technologies (QRT)
20
Qube Research & Technologies (QRT)
United Kingdom
$1.54M +$111K +1,663 +8%
LPL Financial
21
LPL Financial
California
$1.49M +$204K +3,062 +16%
BP
22
BWM Planning
Texas
$1.46M
Wells Fargo
23
Wells Fargo
California
$1.41M -$6.19K -93 -0.4%
PGFC
24
Peapack-Gladstone Financial Corp
New Jersey
$1.39M -$36.2K -544 -3%
MC
25
Moors & Cabot
Massachusetts
$1.28M -$621K -9,319 -33%

SBR Hedge Fund Activity: Q1 2025 in Review

127 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q1 2025, worth a combined $130M — up 3.4% from $126M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new SBR positions and 12 closed out — a net gain of 1 holder — while 39 added to existing stakes and 20 trimmed.

The largest buyer was SCS Capital Management, opening a new position worth an estimated $2.07M. The largest seller was TrueMark Investments, exiting entirely with an estimated $5.72M sold.

  • 127 institutional investors held Sabine Royalty Trust (SBR) as of Q1 2025, down from 128 in Q4 2024.
  • Funds reported $130M of Sabine Royalty Trust stock for Q1 2025, up 3.4% quarter-over-quarter.
  • 13 funds opened new Sabine Royalty Trust positions in Q1 2025 and 12 closed out, a net change of +1 holder.
  • The largest Sabine Royalty Trust buyer in Q1 2025 was SCS Capital Management, an estimated $2.07M added.
  • The largest Sabine Royalty Trust seller in Q1 2025 was TrueMark Investments, an estimated $5.72M sold.

Based on aggregated 13F filings for Q1 2025.