Hill City Capital’s LandBridge Co LB Stock Holding History

Hill City Capital’s Portfolio LB Stock Details LB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-595,000	Closed	-$38.4M	–	21
2024 Q4	$38.4M	Sell	595,000 -405,000	-41%	-$24.3M	2.46%	13
2024 Q3	$39.1M	Hold	1,000,000	–	–	2.58%	13
2024 Q2	$23.1M	Buy	+1,000,000	New	+$23.1M	1.66%	13

Other funds holding LB

HKAM

Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

First Manhattan New York $36.1B AUM 11.5% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

HRCM

Hood River Capital Management Palm Beach Gardens, Florida $9.98B AUM 145.42% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

SIC

Schwartz Investment Counsel Plymouth, Michigan $2.82B AUM 13.66% 1-Year Est. Return

Hill City Capital's LB Position: Q1 2025 in Review

Hill City Capital sold out of LandBridge Co (LB) in Q1 2025, closing a stake of 595,000 shares — an estimated $38.4M sold.

Hill City Capital first reported a position in LB in Q2 2024 and held it in 3 quarters. The position peaked at $39.1M in Q3 2024. 144 funds tracked by Wall St. Rank hold LB as of Q1 2025.

Hill City Capital reported no remaining LandBridge Co position as of Q1 2025 after selling out during the quarter.
Hill City Capital sold 595,000 LandBridge Co shares in Q1 2025, an estimated $38.4M.
Hill City Capital first reported a position in LandBridge Co in Q2 2024 and held it in 3 quarters.
Hill City Capital's LandBridge Co position peaked at $39.1M in Q3 2024.
144 funds tracked by Wall St. Rank held LandBridge Co as of Q1 2025.

Based on Hill City Capital's 13F filing for Q1 2025, filed 14 May 2025.