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SBR

Sabine Royalty Trust

136 hedge funds and large institutions have $132M invested in Sabine Royalty Trust in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 34 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

7% more funds holding

Funds holding: 127136 (+9)

1% more capital invested

Capital invested by funds: $130M → $132M (+$1.74M)

0.37% more ownership

Funds ownership: 13.17%13.55% (+0.37%)

3% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 34

Holders
136
Holders Change
+9
Holders Change %
+7.09%
% of All Funds
1.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
33
Reduced
34
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BPA
1
Beacon Pointe Advisors
California
$13M +$160K +2,443 +1%
Luther King Capital Management (LKCM)
2
Luther King Capital Management (LKCM)
Texas
$9.57M
Fayez Sarofim & Co
3
Fayez Sarofim & Co
Texas
$8.94M -$6.02M -91,598 -41%
HKAM
4
Horizon Kinetics Asset Management
New York
$7.3M -$576K -8,760 -7%
Morgan Stanley
5
Morgan Stanley
New York
$6.03M +$1.27M +19,332 +27%
HFS
6
Howard Financial Services
Texas
$4.51M -$632K -9,619 -12%
Two Sigma Investments
7
Two Sigma Investments
New York
$3.74M +$887K +13,502 +32%
AP
8
Americana Partners
Texas
$2.47M +$2.44M +37,155 New
CCM
9
Chilton Capital Management
Texas
$2.36M -$362K -5,504 -13%
MNBTD
10
Moody National Bank Trust Division
Texas
$2.35M +$2.31M +35,185 New
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$2.11M +$123K +1,872 +6%
SCM
12
SCS Capital Management
Massachusetts
$2.07M
PFS
13
Prospera Financial Services
Texas
$2.07M +$96K +1,462 +5%
Bank of America
14
Bank of America
North Carolina
$1.9M +$199K +3,026 +12%
CMI
15
Clare Market Investments
Texas
$1.84M -$9.86K -150 -0.5%
CAL
16
Capital Analysts LLC
Pennsylvania
$1.83M +$252K +3,830 +16%
Citadel Advisors
17
Citadel Advisors
Florida
$1.74M +$963K +14,656 +128%
CIA
18
Concurrent Investment Advisors
Florida
$1.69M -$202K -3,069 -11%
MAA
19
Mraz Amerine & Associates
California
$1.63M -$16.4K -250 -1%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$1.61M +$515K +7,846 +48%
V
21
VeraBank
Texas
$1.6M
Marshall Wace
22
Marshall Wace
United Kingdom
$1.55M +$1.52M +23,172 New
GSCM
23
Greenfield Seitz Capital Management
Texas
$1.54M -$6.57K -100 -0.4%
LPL Financial
24
LPL Financial
California
$1.53M +$58.3K +888 +4%
PGFC
25
Peapack-Gladstone Financial Corp
New Jersey
$1.49M +$119K +1,806 +9%

SBR Hedge Fund Activity: Q2 2025 in Review

136 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2025, worth a combined $132M — up 1.3% from $130M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new SBR positions and 6 closed out — a net gain of 9 holders — while 33 added to existing stakes and 34 trimmed.

The largest buyer was Americana Partners, opening a new position worth an estimated $2.44M. The largest seller was Fayez Sarofim & Co, cutting an estimated $6.02M.

  • 136 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2025, up from 127 in Q1 2025.
  • Funds reported $132M of Sabine Royalty Trust stock for Q2 2025, up 1.3% quarter-over-quarter.
  • 15 funds opened new Sabine Royalty Trust positions in Q2 2025 and 6 closed out, a net change of +9 holders.
  • The largest Sabine Royalty Trust buyer in Q2 2025 was Americana Partners, an estimated $2.44M added.
  • The largest Sabine Royalty Trust seller in Q2 2025 was Fayez Sarofim & Co, an estimated $6.02M sold.

Based on aggregated 13F filings for Q2 2025.