Sabine Royalty Trust Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SBR?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	561,507	3.85%
Institutions	1,790,199	12.3%
General Public	12,227,639	83.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 12.63% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
3.85%	Christopher Sarofim	561,507	US$35.4m	0%	no data
1.75%	Fayez Sarofim & Co., LLC	255,636	US$16.1m	-7.26%	0.04%
1.29%	Beacon Pointe Advisors, LLC	188,111	US$11.9m	290%	0.14%
0.98%	Luther King Capital Management Corporation	143,555	US$9.1m	-4.36%	0.04%
0.75%	Horizon Kinetics Holding Corporation	109,921	US$6.9m	9.52%	0.08%
0.53%	Howard Financial Services, Ltd.	77,433	US$4.9m	0.13%	0.69%
0.28%	Chilton Capital Management LLC	41,027	US$2.6m	-11%	0.11%
0.28%	Morgan Stanley, Investment Banking and Brokerage Investments	40,823	US$2.6m	-31.3%	no data
0.21%	Edge Capital Group, LLC	31,115	US$2.0m	0%	0.09%
0.2%	Raymond James Financial Inc., Asset Management Arm	29,620	US$1.9m	12.7%	no data
0.2%	Prospera Financial Services, Asset Management Arm	29,483	US$1.9m	3.38%	0.05%
0.2%	Thrivent Trust Company, Asset Management Arm	28,842	US$1.8m	0%	0.02%
0.19%	Concurrent Investment Advisors, LLC	28,424	US$1.8m	0.76%	0.04%
0.19%	Moors & Cabot, Inc., Asset Management Arm	28,160	US$1.8m	9.75%	0.09%
0.19%	Clare Market Investments, LLC	27,793	US$1.8m	19.3%	0.45%
0.17%	Mraz, Amerine & Associates, Inc.	24,775	US$1.6m	0.27%	0.28%
0.17%	Capital Analysts, LLC	24,245	US$1.5m	0.83%	0.07%
0.16%	Commonwealth Equity Services, LLC	24,038	US$1.5m	2.17%	no data
0.16%	Verabank, N.A., Asset Management Arm	24,024	US$1.5m	0%	0.44%
0.15%	BWM Planning LLC	21,552	US$1.4m	0%	0.61%
0.14%	Qube Research & Technologies Ltd	21,127	US$1.3m	-1.44%	no data
0.14%	PGB Trust & Investments	21,021	US$1.3m	-1.86%	0.02%
0.14%	Wells Fargo & Company, Securities and Brokerage Investments	20,904	US$1.3m	-42.9%	no data
0.13%	Bank of America Corporation, Asset Management Arm	19,419	US$1.2m	-32.7%	no data
0.13%	LPL Financial Corporation, Asset Management Arm	18,973	US$1.2m	-30%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/07 06:21
End of Day Share Price	2025/05/07 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sabine Royalty Trust is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Richard Roy	Citigroup Inc