Sabine Royalty TrustSBR
Market Cap: $894M
About: Sabine Royalty Trust is an express trust which is formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interests, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
9% more funds holding
Funds holding: 110 [Q1] → 120 (+10) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 29
2.17% less ownership
Funds ownership: 13.8% [Q1] → 11.63% (-2.17%) [Q2]
15% less capital invested
Capital invested by funds: $129M [Q1] → $110M (-$19.4M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for SBR.