Mountain Lake Investment Management’s Texas Pacific Land TPL Stock Holding History

Mountain Lake Investment 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
2022 Q4	–	Sell	-31,500	Closed	-$6.22M	–	36
2022 Q3	$6.22M	Sell	31,500 -13,050	-29%	-$2.51M	5.29%	8
2022 Q2	$7.37M	Sell	44,550 -30,150	-40%	-$4.93M	6.3%	6
2022 Q1	$11.2M	Sell	74,700 -1,800	-2%	-$237K	6.77%	6
2021 Q4	$10.6M	Hold	76,500	–	–	5.07%	5
2021 Q3	$10.3M	Sell	76,500 -9,000	-11%	-$1.4M	4.45%	9
2021 Q2	$15.2M	Sell	85,500 -4,500	-5%	-$784K	7.41%	2
2021 Q1	$15.9M	Buy	+90,000	New	+$11.2M	8.9%	1
2020 Q4	–	Sell	-58,500	Closed	-$2.94M	–	28
2020 Q3	$2.94M	Buy	+58,500	New	+$3.49M	1.99%	19

Other funds holding TPL

HKAM

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

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

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

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

SoftVest Advisors Abilene, Texas $872M AUM 28.76% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

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

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

SIC

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

Mountain Lake Investment Management's TPL Position: Q4 2022 in Review

Mountain Lake Investment Management sold out of Texas Pacific Land (TPL) in Q4 2022, closing a stake of 31,500 shares — an estimated $6.22M sold.

Mountain Lake Investment Management first reported a position in TPL in Q3 2020 and held it in 8 quarters. The position peaked at $15.9M in Q1 2021. 482 funds tracked by Wall St. Rank hold TPL as of Q4 2022.

Mountain Lake Investment Management reported no remaining Texas Pacific Land position as of Q4 2022 after selling out during the quarter.
Mountain Lake Investment Management sold 31,500 Texas Pacific Land shares in Q4 2022, an estimated $6.22M.
Mountain Lake Investment Management first reported a position in Texas Pacific Land in Q3 2020 and held it in 8 quarters.
Mountain Lake Investment Management's Texas Pacific Land position peaked at $15.9M in Q1 2021.
482 funds tracked by Wall St. Rank held Texas Pacific Land as of Q4 2022.

Based on Mountain Lake Investment Management's 13F filing for Q4 2022, filed 14 Feb 2023.