Vault-13

SABINE RTY TR SBR

UNIT BEN INT · Royalty Trst · CUSIP 785688102

124 institutional holders -5 vs Q1 2023
1,909,9261.9m shares reported held*
$126.0mreported value*
13 new 30 added 33 reduced 19 sold out net sold ≈ $15.9m (-246.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $65.98.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 108Q4 22: 123Q1 23: 129Q2 23: 124124Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022108
Q4 2022123
Q1 2023129
Q2 2023124

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 53 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 60 bought or addedQ1 23: 40 cut or sold outQ1 23Q2 23: 43 bought or addedQ2 23: 52 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225327
Q1 20236040
Q2 20234352

Biggest buyers

Beacon Pointe Advisors, LLC Added +118,855+118.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +30,680+30.7k
Koshinski Asset Management, Inc. New +21,961+22.0k
Walleye Capital LLC New +15,081+15.1k
CHILTON INVESTMENT CO INC. New +9,067+9.1k
HORIZON KINETICS ASSET MANAGEMENT LLC Added +7,141+7.1k
NorthCoast Asset Management LLC New +7,032+7.0k
Corient Private Wealth LP Added +6,850+6.8k
MARSHALL WACE, LLP New +6,623+6.6k
WELLS FARGO & COMPANY/MN Added +6,216+6.2k

Biggest sellers

Mirae Asset Global Investments Co., Ltd. Sold out -175,711-175.7k
MORGAN STANLEY Reduced -87,599-87.6k
Blue Trust, Inc. Reduced -36,166-36.2k
Essex Financial Services, Inc. Reduced -30,869-30.9k
AMERIPRISE FINANCIAL INC Sold out -21,900-21.9k
Capital Analysts, LLC Reduced -14,140-14.1k
Fayez Sarofim & Co Reduced -12,100-12.1k
J.P. Morgan Private Wealth Advisors LLC Sold out -12,050-12.1k
CITADEL ADVISORS LLC Reduced -11,960-12.0k
RWA WEALTH PARTNERS, LLC Sold out -10,209-10.2k

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fayez Sarofim & Co 0.06% of their portfolio Houston, TX 248,198248.2k $16.4m $16.4m 0.06% Reduced -12.1k -12,100
2 KING LUTHER CAPITAL MANAGEMENT CORP 0.05% of their portfolio FORT WORTH, TX 152,507152.5k $10.1m $10.1m 0.05% Unchanged
3 Beacon Pointe Advisors, LLC 0.16% of their portfolio NEWPORT BEACH, CA 145,069145.1k $9.5m $9.5m 0.16% Added +118.9k +118,855
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 86,01686.0k $5.7m $5.7m 0.00% Reduced -87.6k -87,599
5 CHILTON CAPITAL MANAGEMENT LLC 0.19% of their portfolio HOUSTON, TX 51,22451.2k $3.4m $3.4m 0.19% Added +471 +471
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 44,56344.6k $2.9m $2.9m 0.00% Reduced -568 -568
7 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 44,04644.0k $2.9m $2.9m 0.00% Reduced -12.0k -11,960
8 ROYCE & ASSOCIATES LP 0.03% of their portfolio New York, NY 42,84842.8k $2.8m $2.8m 0.03% Reduced -4.8k -4,800
9 HORIZON KINETICS ASSET MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 42,31142.3k $2.8m $2.8m 0.06% Added +7.1k +7,141
10 AMERICAN NATIONAL BANK & TRUST 0.40% of their portfolio WICHITA FALLS, TX 35,98536.0k $2.4m $2.4m 0.40% Unchanged
11 Edge Capital Group, LLC 0.12% of their portfolio ATLANTA, GA 31,11531.1k $2.1m $2.1m 0.12% Unchanged
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 30,68030.7k $2.0m $2.0m 0.00% New
13 Mraz, Amerine & Associates, Inc. 0.45% of their portfolio Modesto, CA 29,06229.1k $1.9m $1.9m 0.45% Added +200 +200
14 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 26,86926.9k $1.8m $1.8m 0.00% Reduced -64 -64
15 Capital Analysts, LLC 0.10% of their portfolio FORT WASHINGTON, PA 26,02926.0k $1.7m $1.7m 0.10% Reduced -14.1k -14,140
16 HOWARD FINANCIAL SERVICES, LTD. 0.40% of their portfolio DALLAS, TX 25,41425.4k $1.7m $1.7m 0.40% Added +98 +98
17 BOKF, NA 0.03% of their portfolio TULSA, OK 25,00025.0k $1.6m $1.6m 0.03% Reduced -736 -736
18 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 24,73124.7k $1.6m $1.6m 0.01% Added +1.4k +1,368
19 VeraBank, N.A. 0.61% of their portfolio HENDERSON, TX 24,02424.0k $1.6m $1.6m 0.61% Unchanged
20 Blue Trust, Inc. 0.03% of their portfolio BRENTWOOD, TN 23,66523.7k $1.7m $1.7m 0.03% Reduced -36.2k -36,166
21 PEAPACK GLADSTONE FINANCIAL CORP 0.03% of their portfolio BEDMINSTER, NJ 23,15523.2k $1.5m $1.5m 0.03% Reduced -260 -260
22 Koshinski Asset Management, Inc. 0.15% of their portfolio DECATUR, IL 21,96122.0k $1.4m $1.4m 0.15% New
23 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 21,86721.9k $1.4m $1.4m 0.00% Reduced -1.1k -1,137
24 Bramshill Investments, LLC 0.13% of their portfolio NAPLES, FL 21,69121.7k $1.4m $1.4m 0.13% Reduced -434 -434
25 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 21,15321.2k $1.4m $1.4m 0.01% Added +40 +40
26 U S GLOBAL INVESTORS INC 0.08% of their portfolio SAN ANTONIO, TX 20,00020.0k $1.3m $1.3m 0.08% Unchanged
27 Oxbow Advisors, LLC 0.19% of their portfolio Austin, TX 18,66118.7k $1.2m $1.2m 0.19% Added +1.3k +1,342
28 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 18,49418.5k $1.2m $1.2m 0.00% Added +826 +826
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 18,35418.4k $1.2m $1.2m 0.00% Added +4 +4
30 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 18,12218.1k $1.2m $1.2m 0.05% Added +1.8k +1,779
31 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 17,86017.9k $1.2m $1.2m 0.00% Added +6.8k +6,850
32 Clare Market Investments LLC 0.40% of their portfolio DALLAS, TX 16,41816.4k $1.1m $1.1m 0.40% Reduced -750 -750
33 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 15,80915.8k $1.0m $1.0m 0.00% Added +100 +100
34 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 15,56415.6k $1.0m $1.0m 0.00% Reduced -3.9k -3,870
35 Manhattan West Asset Management, LLC 0.37% of their portfolio Los Angeles, CA 15,26215.3k $1.0m $1.0m 0.37% Unchanged
36 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 15,08115.1k $994.4k $994.4k 0.02% New
37 PFG Advisors 0.07% of their portfolio Phoenix, AZ 14,79614.8k $973.6k $973.6k 0.07% Unchanged
38 Quadrature Capital Ltd 0.02% of their portfolio LONDON, X0 14,65414.7k $966.3k $966.3k 0.02% Added +2.3k +2,332
39 Capital Investment Advisors, LLC 0.03% of their portfolio ATLANTA, GA 14,59514.6k $960.5k $960.5k 0.03% Reduced -100 -100
40 TRANSCEND CAPITAL ADVISORS, LLC 0.09% of their portfolio MADISON, NJ 14,48014.5k $954.8k $954.8k 0.09% Unchanged
41 MCDANIEL TERRY & CO 0.09% of their portfolio AUSTIN, TX 14,00014.0k $923.0k $923.0k 0.09% Unchanged
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 13,61813.6k $898.0k $898.0k 0.00% Added +6.2k +6,216
43 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 13,01713.0k $856.9k $856.9k 0.00% Reduced -900 -900
44 AMG National Trust Bank 0.03% of their portfolio GREENWOOD VILLAGE, CO 12,68012.7k $835.2k $835.2k 0.03% Unchanged
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 12,51112.5k $825.0k $825.0k 0.00% Reduced -685 -685
46 EXENCIAL WEALTH ADVISORS, LLC 0.04% of their portfolio OKLAHOMA CITY, OK 12,00712.0k $790.1k $790.1k 0.04% Unchanged
47 MOTCO 0.05% of their portfolio SAN ANTONIO, TX 11,60011.6k $764.9k $764.9k 0.05% Unchanged
48 Verdence Capital Advisors LLC 0.09% of their portfolio HUNT VALLEY, MD 11,60011.6k $764.9k $764.9k 0.09% Unchanged
49 Essex Financial Services, Inc. 0.09% of their portfolio ESSEX, CT 11,46011.5k $755.7k $755.7k 0.09% Reduced -30.9k -30,869
50 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 11,12411.1k $733.5k $733.5k 0.00% Added +605 +605
51 Moors & Cabot, Inc. 0.05% of their portfolio BOSTON, MA 10,67210.7k $703.7k $703.7k 0.05% Added +780 +780
52 NAVELLIER & ASSOCIATES INC 0.13% of their portfolio Reno, NV 10,44410.4k $688.7k $688.7k 0.13% Reduced -148 -148
53 Hilltop Holdings Inc. 0.08% of their portfolio DALLAS, TX 10,10010.1k $666.0k $666.0k 0.08% Unchanged
54 FRANKLIN STREET ADVISORS INC /NC 0.06% of their portfolio CHAPEL HILL, NC 10,08110.1k $665.0k $665.0k 0.06% Unchanged
55 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 9,3789.4k $617.1k $617.1k 0.00% Unchanged
56 CHILTON INVESTMENT CO INC. 0.02% of their portfolio STAMFORD, CT 9,0679.1k $597.9k $597.9k 0.02% New
57 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 9,0009.0k $593.5k $593.5k 0.00% Unchanged
58 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 8,5338.5k $563.0k $563.0k 0.00% Added +1.1k +1,052
59 Summit Trail Advisors, LLC 0.02% of their portfolio NEW YORK, NY 8,5008.5k $560.5k $560.5k 0.02% Unchanged
60 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 7,5457.5k $497.5k $497.5k 0.00% Reduced -4.2k -4,184
61 Carnegie Investment Counsel 0.02% of their portfolio PEPPER PIKE, OH 7,3007.3k $481.4k $481.4k 0.02% Unchanged
62 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 7,0607.1k $466.0k $466.0k 0.00% Reduced -2.8k -2,760
63 NorthCoast Asset Management LLC 0.01% of their portfolio STAMFORD, CT 7,0327.0k $462.7k $462.7k 0.01% New
64 PRIVATE TRUST CO NA 0.06% of their portfolio CLEVELAND, OH 6,8006.8k $448.4k $448.4k 0.06% Unchanged
65 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 6,6236.6k $436.7k $436.7k 0.00% New
66 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 6,5916.6k $434.6k $434.6k 0.00% Added +303 +303
67 LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.00% of their portfolio BOSTON, MA 6,1166.1k $403.3k $403.3k 0.00% Added +4.7k +4,679
68 FAIRFIELD, BUSH & CO. 0.11% of their portfolio DARIEN, CT 5,8285.8k $383.6k $383.6k 0.11% Unchanged
69 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 5,7845.8k $381.4k $381.4k 0.01% Reduced -115 -115
70 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 5,5915.6k $368.7k $368.7k 0.00% Reduced -4.6k -4,628
71 Custos Family Office, LLC 0.24% of their portfolio AUSTIN, TX 5,5645.6k $366.9k $366.9k 0.24% Reduced -3.2k -3,245
72 LGT Financial Advisors LLC 0.39% of their portfolio DALLAS, TX 5,5605.6k $366.6k $366.6k 0.39% Unchanged
73 Argent Trust Co 0.02% of their portfolio NASHVILLE, TN 5,3155.3k $350.5k $350.5k 0.02% Unchanged
74 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,2685.3k $347.4k $347.4k 0.00% Reduced -60 -60
75 WESTWOOD HOLDINGS GROUP INC 0.00% of their portfolio DALLAS, TX 5,1555.2k $339.0k $339.0k 0.00% Added +19 +19
76 1900 WEALTH MANAGEMENT LLC 0.03% of their portfolio SAN ANTONIO, TX 5,0205.0k $331.0k $331.0k 0.03% Unchanged
77 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 4,9535.0k $326.6k $326.6k 0.02% Added +289 +289
78 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 4,7064.7k $310.3k $310.3k 0.00% Reduced -24 -24
79 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 4,6344.6k $305.6k $305.6k 0.00% New
80 Virtu Financial LLC 0.02% of their portfolio New York, NY 4,5334.5k $299.0k $299.0k 0.02% New
81 ALPS ADVISORS INC 0.00% of their portfolio Denver, CO 4,2924.3k $283.0k $283.0k 0.00% Added +35 +35
82 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 4,1844.2k $275.9k $275.9k 0.00% Added +431 +431
83 REGIONS FINANCIAL CORP 0.00% of their portfolio BIRMINGHAM, AL 3,8483.8k $253.7k $253.7k 0.00% Unchanged
84 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 3,6203.6k $238.7k $238.7k 0.02% Reduced -1.1k -1,134
85 Veritable, L.P. 0.00% of their portfolio Newtown Square, PA 3,6173.6k $238.5k $238.5k 0.00% New
86 Advisors Capital Management, LLC 0.01% of their portfolio RIDGEWOOD, NJ 3,4503.5k $227.0k $227.0k 0.01% Reduced -350 -350
87 Ackerman Capital Advisors, LLC 0.06% of their portfolio DALLAS, TX 3,4173.4k $224.8k $224.8k 0.06% Unchanged
88 VIRTUS ADVISERS, LLC 0.13% of their portfolio HARTFORD, CT 3,2013.2k $211.1k $211.1k 0.13% Reduced -354 -354
89 Focus Partners Advisor Solutions, LLC 0.01% of their portfolio SAINT LOUIS, MO 3,0583.1k $201.7k $201.7k 0.01% Unchanged
90 ISLAY CAPITAL MANAGEMENT, LLC 0.17% of their portfolio Lubbock, TX 3,0003.0k $197.4k $197.4k 0.17% Unchanged
91 State of Wyoming 0.05% of their portfolio CHEYENNE, WY 2,7132.7k $178.9k $178.9k 0.05% Reduced -851 -851
92 Perritt Capital Management Inc 0.09% of their portfolio Chicago, IL 2,6002.6k $171.1k $171.1k 0.09% Reduced -181 -181
93 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,2342.2k $147.3k $147.3k 0.00% Unchanged
94 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 2,1642.2k $142.7k $142.7k 0.00% Unchanged
95 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 1,8651.9k $123.0k $123.0k 0.01% Added +65 +65
96 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,6421.6k $108.0k $108.0k 0.00% Unchanged
97 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,2701.3k $83.0k $83.0k 0.00% Added +712 +712
98 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,0001.0k $65.9k $65.9k 0.00% Unchanged
99 Citizens National Bank Trust Department 0.02% of their portfolio MERIDIAN, MS 1,0001.0k $65.9k $65.9k 0.02% Unchanged
100 TUCKER ASSET MANAGEMENT LLC 0.02% of their portfolio LITTLETON, CO 1,0001.0k $65.9k $65.9k 0.02% Unchanged