Sabine Royalty Trust (SBR)

• Market cap: $904M
• 1 day: 0.19%
• 5 days: -2.13%
• 1 month: 0.27%
• 3 months: 2.48%
• 6 months: -2.65%
• Year to date: -8.82%
• 1 year: -6.58%
• 5 years: 56.57%
• 10 years: 61.96%
• Sector: Financials
• Industry: Oil Royalty Traders

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 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 10

45% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 22

4% more funds holding

Funds holding: 120 [Q2] → 125 (+5) [Q3]

0.44% more ownership

Funds ownership: 11.97% [Q2] → 12.4% (+0.44%) [Q3]

1% less capital invested

Capital invested by funds: $113M [Q2] → $112M (-$1.03M) [Q3]