SABINE ROYALTY TRUST (SBR) — Institutional Holders, Q2 2026
150 institutional investment managers reported a SBR position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $198.9M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
SBR in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- CWA Asset Management GroupNew · +70,788 sh+$5.2M
- HOWARD FINANCIAL SERVICES, LTD.Added · +68,292 sh+$5.0M
- TWO SIGMA INVESTMENTSAdded · +38,075 sh+$2.8M
- Beacon Pointe AdvisorsAdded · +30,386 sh+$2.2M
- NuveenNew · +18,977 sh+$1.4M
Biggest sellers
- MORGAN STANLEYTrimmed · -68,810 sh-$5.0M
- MARSHALL WACE, LLPTrimmed · -46,572 sh-$3.4M
- Ashton Thomas Private WealthTrimmed · -31,061 sh-$2.3M
- JPMORGAN CHASETrimmed · -14,793 sh-$1.1M
- Creative PlanningTrimmed · -12,078 sh-$884.1K
SBR 13F holders ranked 1–100 of 150
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | Americana Partners#1 · 295,755 sh | 295,755 | $21.6M | 0.49% | +6.3% |
| 2 | Beacon Pointe Advisors#2 · 252,353 sh | 252,353 | $18.5M | 0.09% | +13.7% |
| 3 | Prospera Financial Services#3 · 180,835 sh | 180,835 | $13.2M | 0.19% | +1.4% |
| 4 | KING LUTHER CAPITAL MANAGEMENT#4 · 143,555 sh | 143,555 | $10.5M | 0.04% | 0.0% |
| 5 | HOWARD FINANCIAL SERVICES, LTD.#5 · 136,374 sh | 136,374 | $10.0M | — | +100.3% |
| 6 | HORIZON KINETICS ASSET MANAGEMENT#6 · 111,796 sh | 111,796 | $8.2M | 0.09% | +0.6% |
| 7 | TWO SIGMA INVESTMENTS#7 · 87,436 sh | 87,436 | $6.4M | <0.01% | +77.1% |
| 8 | FAYEZ SAROFIM#8 · 81,346 sh | 81,346 | $6.0M | 0.01% | 0.0% |
| 9 | Ashton Thomas Private Wealth#9 · 75,578 sh | 75,578 | $5.5M | 0.12% | -29.1% |
| 10 | CWA Asset Management Group#10 · 70,788 sh | 70,788 | $5.2M | — | New |
| 11 | MORGAN STANLEY#11 · 66,454 sh | 66,454 | $4.9M | <0.01% | -50.9% |
| 12 | Uniplan Investment Counsel#12 · 48,207 sh | 48,207 | $3.5M | 0.33% | +23.1% |
| 13 | CITADEL ADVISORS#13 · 38,259 sh | 38,259 | $2.8M | <0.01% | +10.0% |
| 14 | SCS Capital Management#14 · 32,614 sh | 32,614 | $2.4M | 0.02% | +4.8% |
| 15 | MOODY NATIONAL BANK DIVISION#15 · 31,896 sh | 31,896 | $2.3M | — | -9.3% |
| 16 | Capital Analysts#16 · 31,020 sh | 31,020 | $2.3M | 0.05% | +1.2% |
| 17 | COMMONWEALTH EQUITY SERVICES#17 · 28,320 sh | 28,320 | $2.1M | <0.01% | -10.1% |
| 18 | LPL Financial#18 · 28,276 sh | 28,276 | $2.1M | <0.01% | +5.4% |
| 19 | CHILTON CAPITAL MANAGEMENT#19 · 27,698 sh | 27,698 | $2.0M | 0.06% | -10.9% |
| 20 | BANK OF AMERICA#20 · 26,637 sh | 26,637 | $1.9M | <0.01% | +5.1% |
| 21 | Significant Wealth Partners#21 · 26,624 sh | 26,624 | $1.9M | 2.11% | +1.6% |
| 22 | Ronald Blue#22 · 25,055 sh | 25,055 | $1.8M | — | 0.0% |
| 23 | Mraz, Amerine & Associates#23 · 23,325 sh | 23,325 | $1.7M | 0.24% | 0.0% |
| 24 | HRT FINANCIAL#24 · 23,276 sh | 23,276 | $1.7M | <0.01% | +31.3% |
| 25 | PEAPACK GLADSTONE FINANCIAL#25 · 23,129 sh | 23,129 | $1.7M | 0.02% | +0.3% |
| 26 | Greenfield Seitz Capital Management#26 · 23,100 sh | 23,100 | $1.7M | 0.50% | 0.0% |
| 27 | Concurrent Investment Advisors#27 · 22,951 sh | 22,951 | $1.7M | — | -2.3% |
| 28 | Qube Research & Technologies Ltd#28 · 22,367 sh | 22,367 | $1.6M | <0.01% | -10.7% |
| 29 | Savant Capital#29 · 22,321 sh | 22,321 | $1.6M | <0.01% | +273.1% |
| 30 | Clare Market Investments#30 · 21,825 sh | 21,825 | $1.6M | 0.29% | 0.0% |
| 31 | BWM Planning#31 · 21,552 sh | 21,552 | $1.6M | 0.37% | 0.0% |
| 32 | VeraBank, N.A.#32 · 19,752 sh | 19,752 | $1.4M | 0.24% | 0.0% |
| 33 | Nuveen#33 · 18,977 sh | 18,977 | $1.4M | <0.01% | New |
| 34 | LAZARD ASSET MANAGEMENT#34 · 17,718 sh | 17,718 | $1.3M | <0.01% | +2.5% |
| 35 | UBS Group AG#35 · 16,980 sh | 16,980 | $1.2M | <0.01% | -22.4% |
| 36 | 49 WEALTH MANAGEMENT#36 · 16,049 sh | 16,049 | $1.2M | 0.22% | New |
| 37 | ALONGSIDE#37 · 16,049 sh | 16,049 | $1.2M | 0.22% | — |
| 38 | STIFEL FINANCIAL#38 · 15,423 sh | 15,423 | $1.1M | <0.01% | 0.0% |
| 39 | MERCER GLOBAL ADVISORS#39 · 15,134 sh | 15,134 | $1.1M | <0.01% | +1.3% |
| 40 | PFG Advisors#40 · 14,846 sh | 14,846 | $1.1M | — | 0.0% |
| 41 | Moors & Cabot#41 · 14,596 sh | 14,596 | $1.1M | 0.04% | 0.0% |
| 42 | RAYMOND JAMES FINANCIAL#42 · 14,171 sh | 14,171 | $1.0M | <0.01% | -4.8% |
| 43 | MCDANIEL TERRY#43 · 14,000 sh | 14,000 | $1.0M | 0.08% | 0.0% |
| 44 | Sendero Wealth Management#44 · 12,927 sh | 12,927 | $946.3K | — | 0.0% |
| 45 | AMG National Bank#45 · 12,680 sh | 12,680 | $928.2K | 0.02% | 0.0% |
| 46 | MARSHALL WACE, LLP#46 · 12,271 sh | 12,271 | $898.2K | <0.01% | -79.1% |
| 47 | RAHLFS CAPITAL#47 · 11,985 sh | 11,985 | $877.3K | — | 0.0% |
| 48 | WESTWOOD GROUP#48 · 11,980 sh | 11,980 | $876.9K | <0.01% | +122.8% |
| 49 | Cetera Investment Advisers#49 · 11,824 sh | 11,824 | $865.5K | <0.01% | +75.0% |
| 50 | OSAIC#50 · 11,669 sh | 11,669 | $854.3K | <0.01% | +3.3% |
| 51 | MOTCO#51 · 11,600 sh | 11,600 | $849.1K | 0.07% | 0.0% |
| 52 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#52 · 11,212 sh | 11,212 | $820.7K | <0.01% | +9.2% |
| 53 | INDEPENDENT FINANCIAL GROUP#53 · 11,154 sh | 11,154 | $816.4K | — | +9.8% |
| 54 | Capital Investment Advisors#54 · 11,041 sh | 11,041 | $808.2K | — | -9.1% |
| 55 | ENVESTNET ASSET MANAGEMENT#55 · 10,905 sh | 10,905 | $798.2K | <0.01% | +42.0% |
| 56 | Advisory Services Network#56 · 10,814 sh | 10,814 | $791.6K | <0.01% | 0.0% |
| 57 | Robertson Stephens Wealth Management#57 · 10,600 sh | 10,600 | $775.9K | — | 0.0% |
| 58 | DWR WEALTH MANAGEMENT#58 · 10,466 sh | 10,466 | $760.4K | — | 0.0% |
| 59 | FRANKLIN STREET ADVISORS#59 · 10,081 sh | 10,081 | $737.9K | — | 0.0% |
| 60 | Burford Brothers#60 · 10,000 sh | 10,000 | $732.0K | — | 0.0% |
| 61 | XTX Topco Ltd#61 · 9,872 sh | 9,872 | $722.6K | <0.01% | New |
| 62 | Essex Financial Services#62 · 9,256 sh | 9,256 | $677.6K | 0.03% | +0.2% |
| 63 | M.E. ALLISON#63 · 9,030 sh | 9,030 | $661.0K | — | +0.1% |
| 64 | BlackRock#64 · 8,890 sh | 8,890 | $650.7K | 0.00% | -23.5% |
| 65 | Summit Trail Advisors#65 · 8,500 sh | 8,500 | $622.2K | <0.01% | 0.0% |
| 66 | Fielder Capital Group#66 · 8,497 sh | 8,497 | $622.0K | 0.13% | 0.0% |
| 67 | JANE STREET GROUP#67 · 8,231 sh | 8,231 | $602.5K | 0.00% | New |
| 68 | CANADA PENSION PLAN INVESTMENT BOARD#68 · 8,000 sh | 8,000 | $585.6K | <0.01% | 0.0% |
| 69 | Verdence Capital Advisors#69 · 8,000 sh | 8,000 | $585.6K | — | -11.1% |
| 70 | BROWN ADVISORY#70 · 7,600 sh | 7,600 | $556.3K | <0.01% | 0.0% |
| 71 | State of Wyoming#71 · 7,392 sh | 7,392 | $541.1K | 0.05% | +27.3% |
| 72 | Carnegie Investment Counsel#72 · 7,300 sh | 7,300 | $534.4K | — | 0.0% |
| 73 | Corient Private Wealth#73 · 6,850 sh | 6,850 | $501.4K | <0.01% | 0.0% |
| 74 | PRIVATE NA#74 · 6,800 sh | 6,800 | $497.8K | — | 0.0% |
| 75 | STATE STREET#75 · 6,404 sh | 6,404 | $468.8K | 0.00% | +8.5% |
| 76 | RWA WEALTH PARTNERS#76 · 6,383 sh | 6,383 | $467.2K | <0.01% | -7.1% |
| 77 | 1900 WEALTH MANAGEMENT#77 · 6,130 sh | 6,130 | $448.7K | — | -40.3% |
| 78 | HOLDERNESS INVESTMENTS#78 · 6,000 sh | 6,000 | $439.2K | 0.07% | 0.0% |
| 79 | Creative Planning#79 · 5,756 sh | 5,756 | $421.3K | <0.01% | -67.7% |
| 80 | Quadrature Capital Ltd#80 · 5,681 sh | 5,681 | $415.8K | <0.01% | -29.7% |
| 81 | Custos Family Office#81 · 5,564 sh | 5,564 | $407.3K | 0.24% | 0.0% |
| 82 | Tyche Wealth Partners#82 · 5,269 sh | 5,269 | $385.7K | 0.05% | +0.2% |
| 83 | BEACON FINANCIAL GROUP#83 · 5,255 sh | 5,255 | $384.6K | — | 0.0% |
| 84 | Hilltop#84 · 4,982 sh | 4,982 | $364.7K | 0.03% | -6.0% |
| 85 | Kestra Advisory Services#85 · 4,751 sh | 4,751 | $347.8K | <0.01% | -23.6% |
| 86 | TCG Advisory Services#86 · 4,696 sh | 4,696 | $343.8K | <0.01% | +20.1% |
| 87 | WELLS FARGO & COMPANY#87 · 4,678 sh | 4,678 | $342.5K | <0.01% | -0.1% |
| 88 | HighTower Advisors#88 · 4,618 sh | 4,618 | $338.0K | <0.01% | -4.1% |
| 89 | CHILTON INVESTMENT#89 · 4,533 sh | 4,533 | $331.8K | <0.01% | 0.0% |
| 90 | Argent#90 · 4,493 sh | 4,493 | $328.9K | <0.01% | 0.0% |
| 91 | AMERIPRISE FINANCIAL#91 · 4,234 sh | 4,234 | $309.9K | <0.01% | +6.3% |
| 92 | TITLEIST ASSET MANAGEMENT#92 · 4,211 sh | 4,211 | $308.3K | — | +0.5% |
| 93 | HAMEL ASSOCIATES#93 · 4,100 sh | 4,100 | $300.1K | 0.08% | New |
| 94 | Oxbow Advisors#94 · 3,768 sh | 3,768 | $275.8K | 0.02% | 0.0% |
| 95 | State of Tennessee, Treasury Department#95 · 3,674 sh | 3,674 | $268.9K | <0.01% | -31.3% |
| 96 | Pathstone#96 · 3,617 sh | 3,617 | $264.8K | <0.01% | 0.0% |
| 97 | ROYAL BANK OF CANADA#97 · 3,561 sh | 3,561 | $261.0K | 0.00% | +64.3% |
| 98 | Pinnacle Financial Partners#98 · 3,506 sh | 3,506 | $256.6K | <0.01% | 0.0% |
| 99 | ISLAY CAPITAL MANAGEMENT#99 · 3,500 sh | 3,500 | $256.2K | — | 0.0% |
| 100 | RHODES INVESTMENT ADVISORS#100 · 3,497 sh | 3,497 | $256.0K | — | New |
Funds that sold out of SBR in Q2 2026 (16)
Held SBR at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| GK Wealth Management10,466 sh | 10,466 | $797.6K |
| WILEY BROS.-AINTREE CAPITAL8,171 sh | 8,171 | $585.3K |
| Focus Partners Wealth7,032 sh | 7,032 | $527.4K |
| Voleon Capital Management4,395 sh | 4,395 | $331.1K |
| REGIONS FINANCIAL3,539 sh | 3,539 | $266.6K |
| Prime Capital Investment Advisors3,000 sh | 3,000 | $226.0K |
| AZZAD ASSET MANAGEMENT2,959 sh | 2,959 | $222.9K |
| SFMG2,700 sh | 2,700 | $203.2K |
| FAIRFIELD, BUSH2,676 sh | 2,676 | $201.1K |
| Rossby Financial, LCC1,337 sh | 1,337 | $97.7K |
| Tower Research Capital (TRC)231 sh | 231 | $17.4K |
| RETIREMITTEN FINANCIAL125 sh | 125 | $9.4K |
| Golden State Equity Partners55 sh | 55 | $4.1K |
| Sound Income Strategies56 sh | 56 | $4.1K |
| BARCLAYS PLC9 sh | 9 | $678.00 |
| Investors Portfolio Services5 sh | 5 | $385.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.