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NCM Capital Management’s Texas Pacific Land TPL Stock Holding History

NCM Capital 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
2026
Q1 		$14.1M Sell
29,659
-589
-2% -$253K 5.04% 2
2025
Q4 		$8.69M Buy
30,248
+14
+0% +$4.28K 3.22% 3
2025
Q3 		$9.41M Sell
30,234
-240
-0.8% -$75.6K 3.65% 3
2025
Q2 		$10.7M Buy
30,474
+315
+1% +$129K 4.41% 3
2025
Q1 		$13.3M Sell
30,159
-255
-0.8% -$114K 5.99% 2
2024
Q4 		$11.2M Buy
30,414
+9
+0% +$3.68K 5.05% 3
2024
Q3 		$8.97M Buy
30,405
+9
+0% +$2.47K 4.3% 3
2024
Q2 		$7.44M Buy
30,396
+2,298
+8% +$482K 3.9% 5
2024
Q1 		$5.42M Buy
28,098
+225
+0.8% +$38.6K 3.04% 6
2023
Q4 		$4.87M Buy
27,873
+2,223
+9% +$422K 2.95% 7
2023
Q3 		$5.2M Sell
25,650
-153
-0.6% -$28.9K 3.7% 5
2023
Q2 		$3.77M Buy
25,803
+9
+0% +$1.44K 2.62% 8
2023
Q1 		$4.88M Hold
25,794
– – 3.64% 3
2022
Q4 		$6.72M Sell
25,794
-1,575
-6% -$417K 4.43% 2
2022
Q3 		$5.41M Hold
27,369
– – 4.09% 2
2022
Q2 		$4.53M Buy
27,369
+9
+0% +$1.47K 3.17% 2
2022
Q1 		$4.11M Sell
27,360
-2,286
-8% -$301K 2.59% 3
2021
Q4 		$4.11M Buy
+29,646
New +$4.13M 3.65% 2

Other funds holding TPL

HKAM
Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
First Manhattan
First Manhattan New York $36.1B AUM 11.5% 1-Year Est. Return
SA
SoftVest Advisors Abilene, Texas $872M AUM 28.76% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

NCM Capital Management's TPL Position: Q1 2026 in Review

NCM Capital Management reduced its Texas Pacific Land (TPL) stake by 1.9% in Q1 2026, selling an estimated $253K and leaving 29,659 shares worth $14.1M. The position accounts for 5.04% of the portfolio, ranked #2.

NCM Capital Management first reported a position in TPL in Q4 2021 and has held it in 18 quarters since. 861 funds tracked by Wall St. Rank hold TPL as of Q1 2026.

  • NCM Capital Management held 29,659 shares of Texas Pacific Land worth $14.1M as of Q1 2026.
  • NCM Capital Management sold 589 Texas Pacific Land shares in Q1 2026, an estimated $253K.
  • Texas Pacific Land made up 5.04% of NCM Capital Management's portfolio in Q1 2026, its #2 holding.
  • NCM Capital Management first reported a position in Texas Pacific Land in Q4 2021 and has held it in 18 quarters since.
  • 861 funds tracked by Wall St. Rank held Texas Pacific Land as of Q1 2026.

Based on NCM Capital Management's 13F filing for Q1 2026, filed 15 May 2026.