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SBR

Sabine Royalty Trust

143 hedge funds and large institutions have $151M invested in Sabine Royalty Trust in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 34

0.2% less ownership

Funds ownership: 15.35%15.15% (-0.2%)

5% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 20

3% less funds holding

Funds holding: 147143 (-4)

15% less capital invested

Capital invested by funds: $178M → $151M (-$26.1M)

Holders
143
Holders Change
-4
Holders Change %
-2.72%
% of All Funds
1.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
40
Reduced
34
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AP
1
Americana Partners
Texas
$18.5M +$402K +5,529 +2%
PFS
2
Prospera Financial Services
Texas
$10.9M +$7.32M +100,691 +174%
Luther King Capital Management (LKCM)
3
Luther King Capital Management (LKCM)
Texas
$9.84M
Morgan Stanley
4
Morgan Stanley
New York
$8.74M +$1.17M +16,090 +14%
HKAM
5
Horizon Kinetics Asset Management
New York
$7.51M +$5.59K +77 +0.1%
BPA
6
Beacon Pointe Advisors
California
$5.92M +$58.5K +805 +0.9%
Fayez Sarofim & Co
7
Fayez Sarofim & Co
Texas
$5.58M -$3.83M -52,692 -39%
HFS
8
Howard Financial Services
Texas
$4.66M +$5.23K +72 +0.1%
Citadel Advisors
9
Citadel Advisors
Florida
$2.67M +$567K +7,797 +25%
Bank of America
10
Bank of America
North Carolina
$2.52M -$236K -3,252 -8%
MNBTD
11
Moody National Bank Trust Division
Texas
$2.41M
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$2.21M -$1.11M -15,229 -32%
CCM
13
Chilton Capital Management
Texas
$2.2M -$230K -3,165 -9%
SCM
14
SCS Capital Management
Massachusetts
$2.13M
CAL
15
Capital Analysts LLC
Pennsylvania
$2.09M +$182K +2,510 +9%
JP Morgan Chase
16
JP Morgan Chase
New York
$2.02M +$1.02M +14,065 +92%
UIC
17
Uniplan Investment Counsel
Wisconsin
$1.99M +$410K +5,641 +24%
Two Sigma Investments
18
Two Sigma Investments
New York
$1.74M -$3.5M -48,137 -65%
LPL Financial
19
LPL Financial
California
$1.72M -$108K -1,482 -6%
V
20
VeraBank
Texas
$1.65M
CIA
21
Concurrent Investment Advisors
Florida
$1.63M -$71.1K -978 -4%
MAA
22
Mraz Amerine & Associates
California
$1.63M
PGFC
23
Peapack-Gladstone Financial Corp
New Jersey
$1.59M +$67.5K +929 +4%
GSCM
24
Greenfield Seitz Capital Management
Texas
$1.58M
BTI
25
Blue Trust Inc
Georgia
$1.49M +$345K +4,749 +28%