Cambrian Capital’s Texas Pacific Land TPL Stock Holding History

Cambrian Capital’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 Q4	$2.77M	Sell	31,950 -9,000	-22%	-$658K	5.43%	7
2019 Q3	$2.96M	Hold	40,950	–	–	5.75%	2
2019 Q2	$3.58M	Sell	40,950 -9,000	-18%	-$807K	5.12%	5
2019 Q1	$4.29M	Hold	49,950	–	–	6.14%	3
2018 Q4	$3.01M	Hold	49,950	–	–	4.81%	7
2018 Q3	$4.79M	Sell	49,950 -9,900	-17%	-$881K	5.25%	7
2018 Q2	$4.62M	Hold	59,850	–	–	4.49%	8
2018 Q1	$3.36M	Hold	59,850	–	–	4.33%	9
2017 Q4	$2.97M	Hold	59,850	–	–	3.63%	13
2017 Q3	$2.69M	Hold	59,850	–	–	3.27%	14
2017 Q2	$1.95M	Hold	59,850	–	–	2.21%	21
2017 Q1	$1.86M	Sell	59,850 -19,602	-25%	-$659K	1.84%	22
2016 Q4	$2.62M	Hold	79,452	–	–	1.33%	17
2016 Q3	$2.11M	Sell	79,452 -25,326	-24%	-$519K	1.23%	23
2016 Q2	$1.96M	Hold	104,778	–	–	1.17%	23
2016 Q1	$1.69M	Sell	104,778 -21,150	-17%	-$310K	1.67%	22
2015 Q4	$1.83M	Hold	125,928	–	–	1.53%	22
2015 Q3	$1.96M	Sell	125,928 -61,893	-33%	-$919K	1.21%	27
2015 Q2	$3.14M	Hold	187,821	–	–	1.43%	32
2015 Q1	$3.02M	Hold	187,821	–	–	1.08%	31
2014 Q4	$2.46M	Buy	187,821 +49,950	+36%	+$821K	0.86%	31
2014 Q3	$2.95M	Sell	137,871 -7,929	-5%	-$163K	0.99%	33
2014 Q2	$2.59M	Hold	145,800	–	–	0.65%	43
2014 Q1	$2.1M	Buy	+145,800	New	+$1.9M	0.53%	45

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

SoftVest Advisors Abilene, Texas $921M AUM 45.28% 1-Year Est. Return

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

PHAM

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

EIP

Epoch Investment Partners New York $17.6B AUM 34.17% 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

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

Cambrian Capital's TPL Position: Q4 2019 in Review

Cambrian Capital reduced its Texas Pacific Land (TPL) stake by 22% in Q4 2019, selling an estimated $658K and leaving 31,950 shares worth $2.77M. The position accounts for 5.43% of the portfolio, ranked #7.

Cambrian Capital first reported a position in TPL in Q1 2014 and has held it in 24 quarters since. The position peaked at $4.79M in Q3 2018. 225 funds tracked by Wall St. Rank hold TPL as of Q4 2019.

Cambrian Capital held 31,950 shares of Texas Pacific Land worth $2.77M as of Q4 2019.
Cambrian Capital sold 9,000 Texas Pacific Land shares in Q4 2019, an estimated $658K.
Texas Pacific Land made up 5.43% of Cambrian Capital's portfolio in Q4 2019, its #7 holding.
Cambrian Capital first reported a position in Texas Pacific Land in Q1 2014 and has held it in 24 quarters since.
Cambrian Capital's Texas Pacific Land position peaked at $4.79M in Q3 2018.
225 funds tracked by Wall St. Rank held Texas Pacific Land as of Q4 2019.

Based on Cambrian Capital's 13F filing for Q4 2019, filed 14 Feb 2020.