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 |
|---|---|---|---|---|---|
| Advisor Group Holdings, Inc. | 11,167 | $765.8K | 0.00% | −3,985−26.3% | Reduced |
| Motco | 11,600 | $795.4K | 0.07% | 00.0% | Unchanged |
| Savant Capital, LLC | 11,964 | $820.4K | 0.00% | +11,964 | New |
| Rahlfs Capital, LLC | 11,985 | $821.8K | 0.64% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 12,201 | $836.6K | 0.01% | −219−1.8% | Reduced |
| AMG National Trust Bank | 12,680 | $869.5K | 0.02% | 00.0% | Unchanged |
| Sendero Wealth Management, LLC | 12,927 | $886.4K | 0.10% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 14,028 | $961.9K | 0.01% | +14,028 | New |
| Moors & Cabot, Inc. | 14,714 | $1.01M | 0.04% | −264−1.8% | Reduced |
| PFG Advisors | 14,846 | $1.02M | 0.05% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 15,025 | $1.03M | 0.00% | +418+2.9% | Added |
| Raymond James Financial Inc | 15,420 | $1.06M | 0.00% | −602−3.8% | Reduced |
| Stifel Financial Corp | 15,543 | $1.07M | 0.00% | −80−0.5% | Reduced |
| Lazard Asset Management LLC | 15,747 | $1.08M | 0.00% | +15,747 | New |
| Creative Planning | 17,719 | $1.21M | 0.00% | +1,222+7.4% | Added |
| UBS Group AG | 17,838 | $1.22M | 0.00% | −765−4.1% | Reduced |
| HRT Financial LP | 20,513 | $1.41M | 0.00% | −3,342−14.0% | Reduced |
| Qube Research & Technologies Ltd | 21,108 | $1.45M | 0.00% | +595+2.9% | Added |
| BWM Planning, LLC | 21,552 | $1.48M | 0.39% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 21,758 | $1.49M | 0.02% | +4,749+27.9% | Added |
| Greenfield Seitz Capital Management, LLC | 23,100 | $1.58M | 0.52% | 00.0% | Unchanged |
| Peapack Gladstone Financial Corp | 23,249 | $1.59M | 0.02% | +929+4.2% | Added |
| Mraz, Amerine & Associates, Inc. | 23,700 | $1.63M | 0.24% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 23,772 | $1.63M | 0.02% | −978−4.0% | Reduced |
| VeraBank, N.A. | 24,024 | $1.65M | 0.30% | 00.0% | Unchanged |
| LPL Financial LLC | 25,041 | $1.72M | 0.00% | −1,482−5.6% | Reduced |
| Two Sigma Investments, LP | 25,378 | $1.74M | 0.00% | −48,137−65.5% | Reduced |
| Uniplan Investment Counsel, Inc. | 29,046 | $1.99M | 0.20% | +5,641+24.1% | Added |
| JPMorgan Chase & Co | 29,427 | $2.02M | 0.00% | +14,065+91.6% | Added |
| Capital Analysts, LLC | 30,430 | $2.09M | 0.06% | +2,510+9.0% | Added |
| SCS Capital Management LLC | 31,115 | $2.13M | 0.02% | 00.0% | Unchanged |
| Chilton Capital Management LLC | 32,013 | $2.20M | 0.08% | −3,165−9.0% | Reduced |
| Commonwealth Equity Services, LLC | 32,249 | $2.21M | 0.00% | −15,229−32.1% | Reduced |
| Moody National Bank Trust Division | 35,185 | $2.41M | 0.23% | 00.0% | Unchanged |
| Bank of America Corp | 36,771 | $2.52M | 0.00% | −3,252−8.1% | Reduced |
| Citadel Advisors LLC | 38,887 | $2.67M | 0.00% | +7,797+25.1% | Added |
| Howard Financial Services, Ltd. | 68,012 | $4.66M | 0.55% | +72+0.1% | Added |
| Fayez Sarofim & Co | 81,346 | $5.58M | 0.01% | −52,692−39.3% | Reduced |
| Beacon Pointe Advisors, LLC | 86,389 | $5.92M | 0.04% | +805+0.9% | Added |
| Horizon Kinetics Asset Management LLC | 109,487 | $7.51M | 0.10% | +77+0.1% | Added |
| Morgan Stanley | 127,459 | $8.74M | 0.00% | +16,090+14.4% | Added |
| King Luther Capital Management Corp | 143,555 | $9.84M | 0.04% | 00.0% | Unchanged |
| Prospera Financial Services Inc | 158,609 | $10.9M | 0.18% | +100,691+173.9% | Added |
| Americana Partners, LLC | 269,933 | $18.5M | 0.51% | +5,529+2.1% | Added |
| Walleye Capital LLC | 0 | $0 | 0.00% | −17,771−100.0% | Sold out |
| Transcend Wealth Collective, LLC | 0 | $0 | 0.00% | −14,480−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −10,800−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −7,032−100.0% | Sold out |
| CI Private Wealth, LLC | 0 | $0 | 0.00% | −6,883−100.0% | Sold out |
| Buckingham Strategic Partners | 0 | $0 | 0.00% | −6,116−100.0% | Sold out |
| Significant Wealth Partners LLC | 0 | $0 | 0.00% | −5,301−100.0% | Sold out |
| Millennium Management LLC | 0 | $0 | 0.00% | −4,470−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −3,493−100.0% | Sold out |
| FourThought Financial Partners, LLC | 0 | $0 | 0.00% | −2,890−100.0% | Sold out |
| Fairfield, Bush & Co. | 0 | $0 | 0.00% | −2,776−100.0% | Sold out |
| Perritt Capital Management Inc | 0 | $0 | 0.00% | −2,554−100.0% | Sold out |
| IronBridge Private Wealth, LLC | 0 | $0 | 0.00% | −2,540−100.0% | Sold out |
| Virtus Investment Advisers, Inc. | 0 | $0 | 0.00% | −2,217−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −1,163−100.0% | Sold out |
| Global Retirement Partners, LLC | 0 | $0 | 0.00% | −238−100.0% | Sold out |
| REAP Financial Group, LLC | 0 | $0 | 0.00% | −142−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −127−100.0% | Sold out |
| Manchester Capital Management LLC | 0 | $0 | 0.00% | −55−100.0% | Sold out |
| Principal Securities, Inc. | 0 | $0 | 0.00% | −41−100.0% | Sold out |
| Clare Market Investments LLC | – | – | – | – | Not filed |
| Asset Planning Corporation | – | – | – | – | Not filed |
| Creekmur Asset Management LLC | – | – | – | – | Not filed |