Belmont Global Advisors’s Texas Pacific Land TPL Stock Holding History

Belmont Global Advisors’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
2014 Q4	–	Sell	-36,000	Closed	-$770K	–	135
2014 Q3	$770K	Sell	36,000 -37,800	-51%	-$775K	0.6%	51
2014 Q2	$1.31M	Buy	73,800 +33,300	+82%	+$549K	0.95%	29
2014 Q1	$583K	Buy	40,500 +22,500	+125%	+$294K	0.49%	53
2013 Q4	$200K	Buy	+18,000	New	+$186K	0.16%	121

Other funds holding TPL

Horizon Kinetics New York $3.06B AUM 5.37% 1-Year Est. Return

HCM

Hodges Capital Management Dallas, Texas $1.51B AUM 85.85% 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

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

LKIM

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

APCM

Arbiter Partners Capital Management New York $190M AUM 50.42% 1-Year Est. Return

DRZID

DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.96B AUM 38.5% 1-Year Est. Return

FDS

First Dallas Securities Dallas, Texas $303M AUM 47.81% 1-Year Est. Return

MRI

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

Belmont Global Advisors's TPL Position: Q4 2014 in Review

Belmont Global Advisors sold out of Texas Pacific Land (TPL) in Q4 2014, closing a stake of 36,000 shares — an estimated $770K sold.

Belmont Global Advisors first reported a position in TPL in Q4 2013 and held it in 4 quarters. The position peaked at $1.31M in Q2 2014. 60 funds tracked by Wall St. Rank hold TPL as of Q4 2014.

Belmont Global Advisors reported no remaining Texas Pacific Land position as of Q4 2014 after selling out during the quarter.
Belmont Global Advisors sold 36,000 Texas Pacific Land shares in Q4 2014, an estimated $770K.
Belmont Global Advisors first reported a position in Texas Pacific Land in Q4 2013 and held it in 4 quarters.
Belmont Global Advisors's Texas Pacific Land position peaked at $1.31M in Q2 2014.
60 funds tracked by Wall St. Rank held Texas Pacific Land as of Q4 2014.

Based on Belmont Global Advisors's 13F filing for Q4 2014, filed 17 Feb 2015.