Arbiter Partners Capital Management’s Texas Pacific Land TPL Stock Holding History

Arbiter Partners Capital Management’s Portfolio TPL Stock Details TPL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-5,139	Closed	-$309K	–	56
2018 Q4	$309K	Sell	5,139 -2,700	-34%	-$195K	0.03%	49
2018 Q3	$751K	Hold	7,839	–	–	0.08%	49
2018 Q2	$606K	Sell	7,839 -7,470	-49%	-$524K	0.06%	47
2018 Q1	$860K	Hold	15,309	–	–	0.1%	46
2017 Q4	$760K	Sell	15,309 -40,140	-72%	-$1.83M	0.08%	48
2017 Q3	$2.49M	Sell	55,449 -137,025	-71%	-$5.48M	0.28%	40
2017 Q2	$6.28M	Sell	192,474 -576,072	-75%	-$18.6M	0.77%	23
2017 Q1	$23.9M	Sell	768,546 -298,557	-28%	-$10M	3.08%	7
2016 Q4	$35.2M	Sell	1,067,103 -262,548	-20%	-$8.23M	5.9%	7
2016 Q3	$35.4M	Buy	1,329,651 +298,269	+29%	+$6.11M	4.2%	9
2016 Q2	$19.3M	Hold	1,031,382	–	–	2.5%	9
2016 Q1	$16.7M	Hold	1,031,382	–	–	3.12%	8
2015 Q4	$15M	Hold	1,031,382	–	–	1.92%	16
2015 Q3	$16.1M	Hold	1,031,382	–	–	1.57%	15
2015 Q2	$17.2M	Hold	1,031,382	–	–	1.54%	15
2015 Q1	$16.6M	Hold	1,031,382	–	–	1.43%	15
2014 Q4	$13.5M	Hold	1,031,382	–	–	1.25%	19
2014 Q3	$22.1M	Hold	1,031,382	–	–	2.17%	13
2014 Q2	$18.3M	Hold	1,031,382	–	–	1.81%	15
2014 Q1	$14.8M	Hold	1,031,382	–	–	1.66%	18
2013 Q4	$11.4M	Hold	1,031,382	–	–	1.58%	21
2013 Q3	$9.69M	Buy	1,031,382 +20,988	+2%	+$198K	2.32%	14
2013 Q2	$9.48M	Buy	+1,010,394	New	+$8.7M	1.41%	22

Other funds holding TPL

HKAM

Horizon Kinetics Asset Management New York $8.82B AUM 23.05% 1-Year Est. Return

First Manhattan New York $39.2B AUM 21.04% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

PHAM

Pacific Heights Asset Management San Francisco, California $3.16B AUM 42.38% 1-Year Est. Return

HCM

Hodges Capital Management Dallas, Texas $1.51B AUM 85.85% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

MRI

Mad River Investors Boston, Massachusetts $268M AUM 31.54% 1-Year Est. Return

LKIM

Lawson Kroeker Investment Management Omaha, Nebraska $361M AUM 22.26% 1-Year Est. Return

Polar Capital London, United Kingdom $13.5B AUM 55.9% 1-Year Est. Return

SIC

Schwartz Investment Counsel Plymouth, Michigan $3.01B AUM 27.22% 1-Year Est. Return

Arbiter Partners Capital Management's TPL Position: Q1 2019 in Review

Arbiter Partners Capital Management sold out of Texas Pacific Land (TPL) in Q1 2019, closing a stake of 5,139 shares — an estimated $309K sold.

Arbiter Partners Capital Management first reported a position in TPL in Q2 2013 and held it in 23 quarters. The position peaked at $35.4M in Q3 2016. 180 funds tracked by Wall St. Rank hold TPL as of Q1 2019.

Arbiter Partners Capital Management reported no remaining Texas Pacific Land position as of Q1 2019 after selling out during the quarter.
Arbiter Partners Capital Management sold 5,139 Texas Pacific Land shares in Q1 2019, an estimated $309K.
Arbiter Partners Capital Management first reported a position in Texas Pacific Land in Q2 2013 and held it in 23 quarters.
Arbiter Partners Capital Management's Texas Pacific Land position peaked at $35.4M in Q3 2016.
180 funds tracked by Wall St. Rank held Texas Pacific Land as of Q1 2019.

Based on Arbiter Partners Capital Management's 13F filing for Q1 2019, filed 15 May 2019.