Sabine Royalty Trust
149 hedge funds and large institutions have $194M invested in Sabine Royalty Trust in 2026 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 29 reducing their positions, and 16 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 29
0.14% more ownership
Funds ownership: 18.03% → 18.17% (+0.14%)
2% less capital invested
Capital invested by funds: $198M → $194M (-$3.88M)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
3% less funds holding
Funds holding: 154 → 149 (-5)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$5.33M |
| 2 |
Two Sigma Investments
New York
|
+$2.87M |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$2.29M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$1.43M |
| 5 |
AP
Americana Partners
Houston,
Texas
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.18M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$3.51M |
| 3 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
-$2.34M |
| 4 |
JP Morgan Chase
New York
|
-$1.11M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$910K |
SBR Hedge Fund Activity: Q2 2026 in Review
149 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Sabine Royalty Trust (SBR) for Q2 2026, worth a combined $194M — down 2% from $198M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SBR and 15 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 43 added.
The largest buyer was CWA Asset Management Group, opening a new position worth an estimated $5.33M. The largest seller was Morgan Stanley, cutting an estimated $5.18M.
- 149 institutional investors held Sabine Royalty Trust (SBR) as of Q2 2026, down from 154 in Q1 2026.
- Funds reported $194M of Sabine Royalty Trust stock for Q2 2026, down 2% quarter-over-quarter.
- 15 funds opened new Sabine Royalty Trust positions in Q2 2026 and 16 closed out, a net change of -1 holder.
- The largest Sabine Royalty Trust buyer in Q2 2026 was CWA Asset Management Group, an estimated $5.33M added.
- The largest Sabine Royalty Trust seller in Q2 2026 was Morgan Stanley, an estimated $5.18M sold.
Based on aggregated 13F filings for Q2 2026.