SBR · Sabine Royalty Trust · Holdings

$71.67 -0.82 (-1.13%)

Market Cap

$1.05B

14.58M

Volume · Oct 28 15.5K Avg daily vol (3M) 29.52K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of SBR: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 152

Total Value: $191,030,166

Total Shares: 2,629,957

Showing 1–100 of 152 holdings by value · page 1 of 2

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 149 13F filers

Top Holder

11.2%

of institutional value

Top 5

37.2%

of institutional value

Top 10

51.6%

of institutional value

HHI

390

Broadly held

Who Holds SBR

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 148 filers, like-for-like change +1.1%; actively managed books +3.3%; index-like books -34.1%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	68.8%	75	+8.6%	6	9
Exempt adviser	1.3%	2	-58.7%	0	0
Adviser	1.3%	3	+27.3%	0	0
Bank	3.6%	13	-18.5%	0	2
Broker-dealer	1.1%	1	+5.4%	0	0
Non-US	0.4%	2	-18.3%	0	0
Holding company	3.3%	4	-45.0%	0	0
Unknown	20.2%	48	+4.0%	6	5

Style	Share	Filers	Change	New	Exited
Index-like	3.8%	4	-34.1%	1	0
Systematic-like	6.0%	4	+44.6%	1	0
Concentrated	17.8%	38	+2.9%	3	5
Diversified active	72.4%	102	+1.0%	7	11
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	78.8%	112	-3.1%	7	9
Medium turnover	11.1%	18	+42.6%	2	3
High turnover	7.8%	8	+1.4%	2	2
Unknown	2.2%	10	+8.5%	1	2
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	2.0%	10	+1.1%	2	3
Medium horizon	8.5%	22	+9.4%	2	4
Long horizon	83.7%	111	+0.6%	8	9
Unknown	5.8%	5	-3.5%	0	0
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	12.6%	34	+3.7%	4	6
$1B to $10B	43.5%	47	+5.3%	3	5
$10B to $100B	28.1%	37	+4.3%	2	4
$100B or more	15.8%	30	-14.6%	3	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	50.8%	68	+8.5%	6	8
Pooled investment vehicles	5.2%	3	+38.5%	0	1
Pension and profit sharing plans	0.1%	1	0.0%	0	0
Diversified	12.7%	3	+0.2%	0	0
Registered funds and BDCs	0.0%	0	—	0	0
Other investment advisers	0.0%	0	—	0	0
Unknown	31.2%	73	-12.2%	6	7

Private funds	Share	Filers	Change	New	Exited
Hedge funds	13.7%	8	+19.9%	1	1
Private equity funds	18.2%	6	+2.2%	1	0
Real estate funds	0.0%	2	+1000.0%	0	0
Other private funds	13.0%	7	+5.0%	0	2
Mixed private funds	0.1%	1	0.0%	0	0
No private funds	25.1%	53	+1.1%	4	6
Private funds, type not stated	0.0%	0	—	0	0
Unknown	29.8%	71	-7.7%	6	7

Location	Share	Filers	Change	New	Exited
United States	97.0%	139	+3.0%	10	15
Outside the US	3.0%	9	-36.5%	2	1

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 2 holders with no observed 2026-03-31 13F and 4 holders with no observed 2026-06-30 13F.

Conviction and Crowding

148 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 1

Holders above 5%

median weight 0.005%

Mar 31, 2026: 0

Crowding

—

no cover-page share count is dated within about a year of the quarter end

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

no cover-page share count is dated within about a year of the quarter end

Top 10 holders

51.6%

of 13F shares, Herfindahl 0.039

Active holders

+3.3%

like-for-like share change of active filers

5% stakes on record

0 13D, 1 13G (0 institutional, 1 passive, 0 exempt)

How long holders have held it value-weighted 14.4 quarters

Under 1 year 13.8% 1 to 3 years 27.0% 3 years or more 59.2% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$68.79

estimated per share

Mar 31, 2026: $67.79

Quarter-end price

$73.20

implied by 13F values

Estimated gain or loss

+6.4%

price against the estimated cost

Estimated at a loss

11.7%

of costed 13F value

Estimated cost covers 65.1% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shared Holders

Companies SBR's active holders also own, quarter ended Jun 30, 2026

#	Company	Shared holders	Similarity
1	SJT San Juan Basin Royalty Trust	5	0.255
2	DMLP Dorchester Minerals, L.P.	7	0.189
3	EROK EagleRock Land, LLC	4	0.151
4	PBT Permian Basin Royalty Trust	4	0.138
5	BSM Black Stone Minerals, L.P.	5	0.129
6	ET Energy Transfer LP	15	0.102
7	COP Conocophillips	19	0.091
8	CVX Chevron Corp	32	0.089
9	TPL Texas Pacific Land Corp	8	0.086
10	SHEL Shell plc	12	0.085

Shareholder Targets

13F filers that own its peers but not SBR, quarter ended Jun 30, 2026

Found through its holder-overlap peers: SJT, DMLP, EROK, PBT, BSM, ET, COP, CVX, TPL, SHEL, WES, LUV, BRK-B, JNJ, WMT, SII, XOM, NVDA, KO, ABBV. 6,758 filers in all.

#	Filer	In peers	Of book	Largest peers
1	VANGUARD CAPITAL MANAGEMENT LLC Registered adviser, Index-like	$558,393,019,838 12 held	11.9%	NVDA, BRK-B, JNJ
2	GEODE CAPITAL MANAGEMENT, LLC Registered adviser, Index-like	$214,786,611,216 13 held	11.4%	NVDA, BRK-B, JNJ
3	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$193,310,918,502 12 held	8.71%	NVDA, JNJ, XOM
4	NORGES BANK Non-US, Index-like	$114,897,481,091 10 held	11.5%	NVDA, BRK-B, XOM
5	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$107,636,455,819 13 held	10.8%	NVDA, JNJ, XOM
6	Invesco Ltd. Adviser, Diversified active	$102,246,510,528 16 held	8.10%	NVDA, WMT, JNJ
7	NORTHERN TRUST CORP Bank, Index-like	$89,141,394,374 15 held	10.4%	NVDA, BRK-B, JNJ
8	GOLDMAN SACHS GROUP INC Holding company, Index-like	$71,776,352,569 18 held	7.54%	NVDA, BRK-B, JNJ
9	CHARLES SCHWAB INVESTMENT MANAGEMENT INC Registered adviser, Diversified active	$71,631,551,904 13 held	9.53%	NVDA, KO, CVX
10	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Registered adviser, Index-like	$61,481,645,866 15 held	11.2%	NVDA, JNJ, BRK-B

Fund Ownership of SBR by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0.04% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.00%	0.00 pp	0	0
Index ETFs	0.04%	-0.02 pp	6,404	1
Active ETFs	0.59%	0.00 pp	85,792	2
Active funds	0.04%	0.00 pp	5,541	2
Unclassified	0.01%	0.00 pp	1,100	1
All registered funds	0.68%	-0.02 pp	98,837	6

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 79 Exempt adviser 2 Adviser 3 Bank 13 Broker-dealer 1 Non-US 2 Holding company 4 Unknown 48

Showing 100 of 152

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Americana Partners, LLC

$21,649,266

11.33%

295,755

Beacon Pointe Advisors, LLC

$18,472,239

9.67%

252,353

Prospera Financial Services Inc

$13,237,122

6.93%

180,835

KING LUTHER CAPITAL MANAGEMENT CORP

$10,508,226

5.50%

143,555

HORIZON KINETICS ASSET MANAGEMENT LLC

$8,183,467

4.28%

111,796

TWO SIGMA INVESTMENTS, LP

$6,400,315

3.35%

87,436

Fayez Sarofim & Co

$5,954,527

3.12%

81,346

Ashton Thomas Private Wealth, LLC

$5,532,309

2.90%

75,578

MORGAN STANLEY

$4,864,432

2.55%

66,454

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	36,133	$2,644,935	54.4%	Defined
MORGAN STANLEY SMITH BARNEY LLC	30,321	$2,219,497	45.6%	Defined

CWA Asset Management Group, LLC

$4,347,875

2.28%

62,876

HOWARD FINANCIAL SERVICES, LTD.

$4,302,305

2.25%

62,217

Uniplan Investment Counsel, Inc.

$3,528,752

1.85%

48,207

CITADEL ADVISORS LLC

$2,800,558

1.47%

38,259

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	12,552	$918,806	32.8%	Defined
Held directly	25,707	$1,881,752	67.2%	Defined

SCS Capital Management LLC

$2,387,344

1.25%

32,614

Capital Analysts, LLC

$2,270,664

1.19%

31,020

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
LINCOLN INVESTMENT PLANNING, LLC	1,810	$132,492	5.8%	Defined
Held directly	29,210	$2,138,172	94.2%	Defined

MOODY NATIONAL BANK TRUST DIVISION

$2,205,608

1.15%

31,896

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MOODY BANCSHARES INC joint	31,896	$2,205,608	100.0%	Defined

COMMONWEALTH EQUITY SERVICES, LLC

$2,073,024

1.09%

28,320

LPL Financial LLC

$2,069,803

1.08%

28,276

CHILTON CAPITAL MANAGEMENT LLC

$2,027,493

1.06%

27,698

BANK OF AMERICA CORP /DE/

$1,949,828

1.02%

26,637

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	19,066	$1,395,631	71.6%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	7,571	$554,197	28.4%	Defined

Significant Wealth Partners LLC

$1,948,876

1.02%

26,624

Mraz, Amerine & Associates, Inc.

$1,707,390

0.89%

23,325

HRT FINANCIAL LP

$1,703,803

0.89%

23,276

PEAPACK GLADSTONE FINANCIAL CORP

$1,693,042

0.89%

23,129

Greenfield Seitz Capital Management, LLC

$1,690,920

0.89%

23,100

Qube Research & Technologies Ltd

$1,637,264

0.86%

22,367

Savant Capital, LLC

$1,633,897

0.86%

22,321

Clare Market Investments LLC

$1,597,590

0.84%

21,825

BWM Planning, LLC

$1,577,606

0.83%

21,552

Blue Trust, Inc.

$1,531,949

0.80%

22,154

Concurrent Investment Advisors, LLC

$1,475,937

0.77%

21,344

VeraBank, N.A.

$1,445,846

0.76%

19,752

Nuveen, LLC

$1,389,116

0.73%

18,977

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	18,977	$1,389,116	100.0%	Defined

LAZARD ASSET MANAGEMENT LLC

$1,296,957

0.68%

17,718

UBS Group AG

$1,242,935

0.65%

16,980

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	16,576	$1,213,363	97.6%	Defined
UBS AG	82	$6,002	0.5%	Defined
UBS Securities LLC	322	$23,570	1.9%	Defined

ALONGSIDE, LLC

$1,174,786

0.61%

16,049

49 WEALTH MANAGEMENT, LLC

$1,174,786

0.61%

16,049

STIFEL FINANCIAL CORP

$1,128,963

0.59%

15,423

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	11,167	$817,424	72.4%	Defined
1919 Investment Counsel, LLC	4,256	$311,539	27.6%	Defined

MERCER GLOBAL ADVISORS INC /ADV

$1,107,808

0.58%

15,134

Moors & Cabot, Inc.

$1,068,427

0.56%

14,596

RAYMOND JAMES FINANCIAL INC

$1,037,317

0.54%

14,171

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	12,685	$928,542	89.5%	Defined
Raymond James Financial Services Advisors, Inc.	1,486	$108,775	10.5%	Defined

MCDANIEL TERRY & CO

$1,024,800

0.54%

14,000

PFG Advisors

$1,023,143

0.54%

14,796

AMG National Trust Bank

$928,176

0.49%

12,680

MARSHALL WACE, LLP

$898,237

0.47%

12,271

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	12,271	$898,237	100.0%	Other

Sendero Wealth Management, LLC

$893,902

0.47%

12,927

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Sendero	12,927	$893,902	100.0%	Sole

WESTWOOD HOLDINGS GROUP INC

$876,936

0.46%

11,980

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Westwood Advisors, L.L.C.	11,980	$876,936	100.0%	Defined

Cetera Investment Advisers

$865,516

0.45%

11,824

OSAIC HOLDINGS, INC.

$854,170

0.45%

11,669

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	11,093	$812,007	95.1%	Defined
Osaic Advisory Services, LLC	576	$42,163	4.9%	Defined

MOTCO

$849,120

0.44%

11,600

RAHLFS CAPITAL, LLC

$828,762

0.43%

11,985

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$820,718

0.43%

11,212

ENVESTNET ASSET MANAGEMENT INC

$798,246

0.42%

10,905

Advisory Services Network, LLC

$791,584

0.41%

10,814

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Institutional Asset Management Trust Co	2	$146	0.0%	Other
Held directly	10,812	$791,438	100.0%	Sole

INDEPENDENT FINANCIAL GROUP, LLC

$786,719

0.41%

11,377

Capital Investment Advisors, LLC

$763,485

0.40%

11,041

Robertson Stephens Wealth Management, LLC

$732,990

0.38%

10,600

DWR WEALTH MANAGEMENT, LLC

$723,723

0.38%

10,466

XTX Topco Ltd

$722,630

0.38%

9,872

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	9,872	$722,630	100.0%	Defined

FRANKLIN STREET ADVISORS INC /NC

$697,101

0.36%

10,081

Burford Brothers, Inc.

$691,500

0.36%

10,000

Essex Financial Services, Inc.

$677,539

0.35%

9,256

BlackRock, Inc.

$650,748

0.34%

8,890

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BlackRock Asset Management Ireland Ltd	8,890	$650,748	100.0%	Sole

M.E. ALLISON & CO., INC.

$625,116

0.33%

9,040

Summit Trail Advisors, LLC

$622,200

0.33%

8,500

Fielder Capital Group LLC

$621,980

0.33%

8,497

JANE STREET GROUP, LLC

$602,509

0.32%

8,231

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Global Trading, LLC	8,231	$602,509	100.0%	Defined

CANADA PENSION PLAN INVESTMENT BOARD

$585,600

0.31%

8,000

BROWN ADVISORY INC

$556,320

0.29%

7,600

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Brown Advisory LLC	7,600	$556,320	100.0%	Defined

Verdence Capital Advisors LLC

$553,200

0.29%

8,000

State of Wyoming

$541,094

0.28%

7,392

Carnegie Investment Counsel

$504,795

0.26%

7,300

Corient Private Wealth LLC

$501,420

0.26%

6,850

STATE STREET CORP

$468,772

0.25%

6,404

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SSGA FUNDS MANAGEMENT, INC.	6,404	$468,772	100.0%	Defined

RWA WEALTH PARTNERS, LLC

$467,235

0.24%

6,383

PRIVATE TRUST CO NA

$456,390

0.24%

6,600

HOLDERNESS INVESTMENTS CO

$439,200

0.23%

6,000

1900 WEALTH MANAGEMENT LLC

$423,889

0.22%

6,130

Creative Planning

$421,339

0.22%

5,756

Quadrature Capital Ltd

$415,849

0.22%

5,681

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Quadrature US Inc.	5,681	$415,849	100.0%	Other

Custos Family Office, LLC

$407,284

0.21%

5,564

Tyche Wealth Partners LLC

$385,690

0.20%

5,269

Hilltop Holdings Inc.

$364,682

0.19%

4,982

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PlainsCapital Corp joint	4,882	$357,362	98.0%	Defined
Hilltop Securities Holdings LLC joint	100	$7,320	2.0%	Defined

BEACON FINANCIAL GROUP

$363,383

0.19%

5,255

Kestra Advisory Services, LLC

$347,773

0.18%

4,751

HUB Investment Partners, LLC

$343,747

0.18%

4,696

WELLS FARGO & COMPANY/MN

$342,428

0.18%

4,678

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	2,424	$177,436	51.8%	Defined
WELLS FARGO CLEARING SERVICES, LLC	2,254	$164,992	48.2%	Defined

HighTower Advisors, LLC

$338,037

0.18%

4,618

CHILTON INVESTMENT CO INC.

$331,815

0.17%

4,533

Argent Trust Co

$328,887

0.17%

4,493

AMERIPRISE FINANCIAL INC

$309,928

0.16%

4,234

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Ameriprise Financial Services, LLC	4,234	$309,928	100.0%	Defined

HAMEL ASSOCIATES, INC.

$300,120

0.16%

4,100

TITLEIST ASSET MANAGEMENT, LLC

$292,711

0.15%

4,233

Oxbow Advisors, LLC

$275,817

0.14%

3,768

State of Tennessee, Department of Treasury

$268,936

0.14%

3,674

Pathstone Holdings, LLC

$264,764

0.14%

3,617

ROYAL BANK OF CANADA

$260,665

0.14%

3,561

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	3,561	$260,665	100.0%	Defined

Pinnacle Financial Partners, Inc.

$256,639

0.13%

3,506

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Pinnacle Bank	3,506	$256,639	100.0%	Defined

Ackerman Capital Advisors, LLC

$250,124

0.13%

3,417

CAPTRUST FINANCIAL ADVISORS

$247,928

0.13%

3,387

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Key facts CIK 710752 CUSIP 785688102 13F (30d) 40 filings 39 filers Visit website Investor relations