Findlay Park Partners’s Texas Pacific Land TPL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-220,455	Closed	-$7.35M	–	127
2013 Q4	$7.35M	Sell	220,455 -266,121	-55%	-$8.87M	0.08%	121
2013 Q3	$13.7M	Hold	486,576	–	–	0.17%	121
2013 Q2	$13.7M	Buy	+486,576	New	+$13.7M	0.17%	115