Sabine Royalty Trust
US ˙ NYSE ˙ US7856881021

SecuritySBR / Sabine Royalty Trust
InstitutionAdvisor Group Holdings, Inc.
Latest Disclosed Ownership11,296 shares
Latest Disclosed Value $ 851,133
Advisor Group Holdings, Inc. reports 1.16% increase in ownership of SBR / Sabine Royalty Trust

On May 15, 2026 - Advisor Group Holdings, Inc. filed a 13F-HR form disclosing ownership of 11,296 shares of Sabine Royalty Trust (US:SBR) valued at $851,041 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 11,167 shares of Sabine Royalty Trust. This represents a change in shares of 1.16% during the quarter. The current value of the position is $878,377 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F SABINE RTY TR UNIT BEN INT 785688102 11,296 129 1.16 851 11.24 0.0007
2026-02-17 2025-12-31 13F SABINE RTY TR UNIT BEN INT 785688102 11,167 -3,985 -26.30 766 -32.48 0.0011
2025-11-14 2025-09-30 13F SABINE RTY TR UNIT BEN INT 785688102 15,152 -2,616 -14.72 1,133 -4.31 0.0016
2025-09-04 2025-06-30 13F/A-1 SABINE RTY TR UNIT BEN INT 785688102 17,768 1,326 8.06 1,185 6.47 0.0021
2025-08-13 2025-06-30 13F SABINE RTY TR UNIT BEN INT 785688102 16,058 -384 1,042 0.0012
2025-05-12 2025-03-31 13F SABINE RTY TR UNIT BEN INT 785688102 16,442 761 4.85 1,113 9.45 0.0025
2025-06-06 2024-12-31 13F/A-1 SABINE RTY TR UNIT BEN INT 785688102 15,681 -3,088 -16.45 1,016 -12.34 0.0023
2025-02-07 2024-12-31 13F SABINE RTY TR UNIT BEN INT 785688102 8,808 -9,961 545 0.0014
2024-11-13 2024-09-30 13F SABINE RTY TR UNIT BEN INT 785688102 18,769 -474 -2.46 1,159 -6.83 0.0026
2024-08-13 2024-06-30 13F SABINE RTY TR UNIT BEN INT 785688102 19,243 -8,519 -30.69 1,245 -29.52 0.0029
2024-05-10 2024-03-31 13F SABINE RTY TR UNIT BEN INT 785688102 27,762 3,710 15.42 1,765 8.15 0.0039
2024-02-12 2023-12-31 13F SABINE RTY TR UNIT BEN INT 785688102 24,052 -100 -0.41 1,632 2.58 0.0029
2023-11-13 2023-09-30 13F SABINE RTY TR UNIT BEN INT 785688102 24,152 2,285 10.45 1,592 10.33 0.0024
2023-08-21 2023-06-30 13F/A-1 SABINE RTY TR UNIT BEN INT 785688102 21,867 -1,137 -4.94 1,442 -12.71 0.0026
2023-08-10 2023-06-30 13F SABINE RTY TR UNIT BEN INT 785688102 21,867 -1,137 1,442 0.0004
2023-05-12 2023-03-31 13F SABINE RTY TR UNIT BEN INT 785688102 23,004 -558 -2.37 1,652 -17.97 0.0031
2023-02-10 2022-12-31 13F SABINE RTY TR UNIT BEN INT 785688102 23,562 1,563 7.10 2,014 28.77 0.0041
2022-11-14 2022-09-30 13F SABINE RTY TR UNIT BEN INT 785688102 21,999 -352 -1.57 1,564 15.00 0.0036
2022-08-10 2022-06-30 13F SABINE RTY TR UNIT BEN INT 785688102 22,351 -3,916 -14.91 1,360 -9.33 0.0030
2022-05-04 2022-03-31 13F SABINE RTY TR UNIT BEN INT 785688102 26,267 -1,416 -5.12 1,500 30.10 0.0029
2022-02-03 2021-12-31 13F SABINE RTY TR UNIT BEN INT 785688102 27,683 1,701 6.55 1,153 3.50 0.0022
2021-11-05 2021-09-30 13F SABINE RTY TR UNIT BEN INT 785688102 25,982 6,736 35.00 1,114 43.74 0.0023
2021-08-02 2021-06-30 13F SABINE RTY TR UNIT BEN INT 785688102 19,246 4,780 33.04 775 76.14 0.0017
2021-05-13 2021-03-31 13F SABINE ROYALTY TR UNIT BEN INT 785688102 14,466 3,486 31.75 440 42.39 0.0011
2021-02-10 2020-12-31 13F SABINE ROYALTY TR UNIT BEN INT 785688102 10,980 -1,470 -11.81 309 -14.64 0.0008
2020-11-12 2020-09-30 13F SABINE ROYALTY TR UNIT BEN INT 785688102 12,450 -386 -3.01 362 1.97 0.0011
2020-08-14 2020-06-30 13F SABINE ROYALTY TR UNIT BEN INT 785688102 12,836 -167 -1.28 355 -1.11 0.0012
2020-05-18 2020-03-31 13F SABINE ROYALTY TR UNIT BEN INT 785688102 13,003 13,003 359 0.0015
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.