Sabine Royalty Trust
SBR- Exchange
- NYSE
- Industry
- Oil Royalty Traders
- SEC CIK
- 0000710752
No open-market purchases or sales by Sabine Royalty Trust insiders were filed in the last 90 days; 149 institutions reported holding it in 13F filings for Q2 2026, worth $193.9M in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Sabine Royalty Trust as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 144
- −1 vs. Q3 2025
- Shares held
- 2.21M
- +5.07K (+0.2%) vs. Q3 2025
- Total value
- $151.5M
- −$23.4M (−13.4%) vs. Q3 2025
- New holders
- 19
- 40 more added
- Sold out
- 20
- 34 more reduced
3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting SBR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 149 | $193.9M |
| Q1 2026 | 155 | $197.8M |
| Q4 2025 | 144 | $151.5M |
| Q3 2025 | 148 | $177.6M |
| Q2 2025 | 137 | $131.5M |
| Q1 2025 | 128 | $129.4M |
| Q4 2024 | 129 | $125.5M |
| Q3 2024 | 129 | $115.1M |
| Q2 2024 | 123 | $112.5M |
| Q1 2024 | 113 | $129.7M |
| Q4 2023 | 113 | $121.4M |
| Q3 2023 | 121 | $120.1M |
| Q2 2023 | 123 | $126.0M |
| Q1 2023 | 129 | $155.4M |
| Q4 2022 | 124 | $171.9M |
| Q3 2022 | 108 | $129.8M |
| Q2 2022 | 104 | $125.4M |
| Q1 2022 | 93 | $104.5M |
| Q4 2021 | 81 | $61.5M |
| Q3 2021 | 77 | $72.2M |
| Q2 2021 | 78 | $64.7M |
| Q1 2021 | 74 | $50.6M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Sabine Royalty Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Americana Partners, LLC | 269,933 | $18.5M | 0.51% | +5,529+2.1% | Added |
| Prospera Financial Services Inc | 158,609 | $10.9M | 0.18% | +100,691+173.9% | Added |
| King Luther Capital Management Corp | 143,555 | $9.84M | 0.04% | 00.0% | Unchanged |
| Morgan Stanley | 127,459 | $8.74M | 0.00% | +16,090+14.4% | Added |
| Horizon Kinetics Asset Management LLC | 109,487 | $7.51M | 0.10% | +77+0.1% | Added |
| Beacon Pointe Advisors, LLC | 86,389 | $5.92M | 0.04% | +805+0.9% | Added |
| Fayez Sarofim & Co | 81,346 | $5.58M | 0.01% | −52,692−39.3% | Reduced |
| Howard Financial Services, Ltd. | 68,012 | $4.66M | 0.55% | +72+0.1% | Added |
| Citadel Advisors LLC | 38,887 | $2.67M | 0.00% | +7,797+25.1% | Added |
| Bank of America Corp | 36,771 | $2.52M | 0.00% | −3,252−8.1% | Reduced |
| Moody National Bank Trust Division | 35,185 | $2.41M | 0.23% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 32,249 | $2.21M | 0.00% | −15,229−32.1% | Reduced |
| Chilton Capital Management LLC | 32,013 | $2.20M | 0.08% | −3,165−9.0% | Reduced |
| SCS Capital Management LLC | 31,115 | $2.13M | 0.02% | 00.0% | Unchanged |
| Capital Analysts, LLC | 30,430 | $2.09M | 0.06% | +2,510+9.0% | Added |
| JPMorgan Chase & Co | 29,427 | $2.02M | 0.00% | +14,065+91.6% | Added |
| Uniplan Investment Counsel, Inc. | 29,046 | $1.99M | 0.20% | +5,641+24.1% | Added |
| Two Sigma Investments, LP | 25,378 | $1.74M | 0.00% | −48,137−65.5% | Reduced |
| LPL Financial LLC | 25,041 | $1.72M | 0.00% | −1,482−5.6% | Reduced |
| VeraBank, N.A. | 24,024 | $1.65M | 0.30% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 23,772 | $1.63M | 0.02% | −978−4.0% | Reduced |
| Mraz, Amerine & Associates, Inc. | 23,700 | $1.63M | 0.24% | 00.0% | Unchanged |
| Peapack Gladstone Financial Corp | 23,249 | $1.59M | 0.02% | +929+4.2% | Added |
| Greenfield Seitz Capital Management, LLC | 23,100 | $1.58M | 0.52% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 21,758 | $1.49M | 0.02% | +4,749+27.9% | Added |
| BWM Planning, LLC | 21,552 | $1.48M | 0.39% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 21,108 | $1.45M | 0.00% | +595+2.9% | Added |
| HRT Financial LP | 20,513 | $1.41M | 0.00% | −3,342−14.0% | Reduced |
| UBS Group AG | 17,838 | $1.22M | 0.00% | −765−4.1% | Reduced |
| Creative Planning | 17,719 | $1.21M | 0.00% | +1,222+7.4% | Added |
| Lazard Asset Management LLC | 15,747 | $1.08M | 0.00% | +15,747 | New |
| Stifel Financial Corp | 15,543 | $1.07M | 0.00% | −80−0.5% | Reduced |
| Raymond James Financial Inc | 15,420 | $1.06M | 0.00% | −602−3.8% | Reduced |
| Mercer Global Advisors Inc | 15,025 | $1.03M | 0.00% | +418+2.9% | Added |
| PFG Advisors | 14,846 | $1.02M | 0.05% | 00.0% | Unchanged |
| Moors & Cabot, Inc. | 14,714 | $1.01M | 0.04% | −264−1.8% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 14,028 | $961.9K | 0.01% | +14,028 | New |
| Sendero Wealth Management, LLC | 12,927 | $886.4K | 0.10% | 00.0% | Unchanged |
| AMG National Trust Bank | 12,680 | $869.5K | 0.02% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 12,201 | $836.6K | 0.01% | −219−1.8% | Reduced |
| Rahlfs Capital, LLC | 11,985 | $821.8K | 0.64% | 00.0% | Unchanged |
| Savant Capital, LLC | 11,964 | $820.4K | 0.00% | +11,964 | New |
| Motco | 11,600 | $795.4K | 0.07% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 11,167 | $765.8K | 0.00% | −3,985−26.3% | Reduced |
| Advisory Services Network, LLC | 10,805 | $740.9K | 0.01% | +40.0% | Added |
| DWR Wealth Management, LLC | 10,466 | $733.9K | 0.68% | +10,466 | New |
| Robertson Stephens Wealth Management, LLC | 10,600 | $726.8K | 0.02% | 00.0% | Unchanged |
| Exencial Wealth Advisors, LLC | 10,357 | $710.2K | 0.02% | 00.0% | Unchanged |
| Franklin Street Advisors Inc | 10,081 | $691.3K | 0.04% | 00.0% | Unchanged |
| Burford Brothers, Inc. | 10,000 | $685.7K | 0.28% | −142−1.4% | Reduced |
| Independent Financial Group, LLC | 9,997 | $685.5K | 0.02% | +127+1.3% | Added |
| Fielder Capital Group LLC | 9,577 | $656.7K | 0.14% | 00.0% | Unchanged |
| Verdence Capital Advisors LLC | 9,500 | $651.4K | 0.04% | −1,000−9.5% | Reduced |
| Essex Financial Services, Inc. | 9,223 | $632.4K | 0.04% | +13+0.1% | Added |
| Brown Advisory Inc | 9,100 | $624.0K | 0.00% | 00.0% | Unchanged |
| M.E. Allison & Co., Inc. | 9,045 | $620.2K | 0.42% | +6+0.1% | Added |
| Cresset Asset Management, LLC | 8,800 | $603.4K | 0.00% | −2,400−21.4% | Reduced |
| Summit Trail Advisors, LLC | 8,500 | $582.8K | 0.01% | 00.0% | Unchanged |
| Canada Pension Plan Investment Board | 8,000 | $548.6K | 0.00% | +8,000 | New |
| Carnegie Capital Asset Management, LLC | 7,300 | $500.6K | 0.01% | 00.0% | Unchanged |
| State Street Corp | 7,140 | $489.6K | 0.00% | +68+1.0% | Added |
| Colony Group, LLC | 7,032 | $482.2K | 0.00% | +7,032 | New |
| McDaniel Terry & Co | 7,000 | $480.0K | 0.04% | −7,000−50.0% | Reduced |
| Ameriprise Financial Inc | 6,945 | $476.2K | 0.00% | +663+10.6% | Added |
| Adviser Investments LLC | 6,869 | $471.0K | 0.01% | −852−11.0% | Reduced |
| Private Trust Co NA | 6,800 | $466.3K | 0.04% | 00.0% | Unchanged |
| Cetera Investment Advisers | 6,503 | $445.9K | 0.00% | −551−7.8% | Reduced |
| Voleon Capital Management LP | 6,322 | $433.5K | 0.01% | +984+18.4% | Added |
| TrueMark Investments, LLC | 6,050 | $414.8K | 0.08% | +6,050 | New |
| Holderness Investments Co | 6,000 | $411.4K | 0.08% | 00.0% | Unchanged |
| BlackRock, Inc. | 5,940 | $407.3K | 0.00% | +5,890+11,780.0% | Added |
| Monticello Wealth Management, LLC | 5,908 | $405.1K | 0.03% | 00.0% | Unchanged |
| Jane Street Group, LLC | 5,888 | $403.7K | 0.00% | −1,859−24.0% | Reduced |
| Custos Family Office, LLC | 5,564 | $381.5K | 0.26% | 00.0% | Unchanged |
| Westwood Holdings Group Inc. | 5,363 | $367.7K | 0.00% | +14+0.3% | Added |
| Hilltop Holdings Inc. | 5,337 | $366.0K | 0.02% | −70−1.3% | Reduced |
| Envestnet Asset Management Inc | 5,328 | $365.3K | 0.00% | +758+16.6% | Added |
| Beacon Financial Group | 5,255 | $360.3K | 0.04% | 00.0% | Unchanged |
| Sunbelt Securities, Inc. | 5,000 | $342.9K | 0.02% | 00.0% | Unchanged |
| DGS Capital Management, LLC | 4,897 | $335.8K | 0.06% | +4,897 | New |
| HighTower Advisors, LLC | 4,770 | $327.1K | 0.00% | −1,340−21.9% | Reduced |
| Tyche Wealth Partners LLC | 4,758 | $326.3K | 0.05% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 4,683 | $321.1K | 0.00% | +1,160+32.9% | Added |
| Chilton Investment Co LLC | 4,533 | $310.8K | 0.01% | −3,039−40.1% | Reduced |
| Argent Trust Co | 4,493 | $308.1K | 0.01% | −484−9.7% | Reduced |
| Virtu Financial LLC | 4,394 | $301.0K | 0.01% | +4,394 | New |
| Kestra Advisory Services, LLC | 4,238 | $290.6K | 0.00% | +1,282+43.4% | Added |
| Titleist Asset Management, LLC | 4,156 | $285.0K | 0.02% | +4,156 | New |
| Wealth Enhancement Advisory Services, LLC | 4,170 | $278.4K | 0.00% | +600+16.8% | Added |
| PFG Investments, LLC | 4,045 | $277.3K | 0.01% | +143+3.7% | Added |
| TCG Advisory Services, LLC | 3,882 | $266.2K | 0.01% | +29+0.8% | Added |
| Regions Financial Corp | 3,819 | $261.9K | 0.00% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 3,797 | $260.0K | 0.00% | −140−3.6% | Reduced |
| Oxbow Advisors, LLC | 3,768 | $258.4K | 0.02% | −310−7.6% | Reduced |
| Pathstone Holdings, LLC | 3,617 | $248.0K | 0.00% | 00.0% | Unchanged |
| Captrust Financial Advisors | 3,554 | $243.7K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 3,546 | $243.1K | 0.00% | −6,664−65.3% | Reduced |
| Islay Capital Management, LLC | 3,500 | $240.0K | 0.14% | 00.0% | Unchanged |
| Ackerman Capital Advisors, LLC | 3,417 | $234.3K | 0.05% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 3,324 | $227.9K | 0.00% | 00.0% | Unchanged |