Pacific Heights Asset Management’s Texas Pacific Land TPL Stock Holding History

Pacific Heights Asset 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	$294M	Hold	620,000	–	–	9.85%	1
2025 Q4	$178M	Buy	620,000 +65,000	+12%	+$19.9M	6.67%	2
2025 Q3	$173M	Buy	555,000 +60,000	+12%	+$18.9M	7.65%	2
2025 Q2	$174M	Hold	495,000	–	–	9.29%	2
2025 Q1	$219M	Hold	495,000	–	–	14.86%	1
2024 Q4	$182M	Hold	495,000	–	–	12.45%	1
2024 Q3	$146M	Hold	495,000	–	–	10.84%	1
2024 Q2	$121M	Hold	495,000	–	–	9.51%	1
2024 Q1	$95.5M	Hold	495,000	–	–	7.81%	2
2023 Q4	$86.5M	Hold	495,000	–	–	7.41%	2
2023 Q3	$100M	Hold	495,000	–	–	9.49%	1
2023 Q2	$72.4M	Hold	495,000	–	–	6.58%	2
2023 Q1	$93.6M	Hold	495,000	–	–	8.79%	1
2022 Q4	$129M	Hold	495,000	–	–	12.56%	1
2022 Q3	$97.7M	Hold	495,000	–	–	10.38%	1
2022 Q2	$81.8M	Hold	495,000	–	–	8.33%	1
2022 Q1	$74.4M	Sell	495,000 -90,000	-15%	-$11.9M	6.35%	2
2021 Q4	$81.2M	Buy	585,000 +45,000	+8%	+$6.28M	6.83%	2
2021 Q3	$72.6M	Hold	540,000	–	–	6.88%	2
2021 Q2	$96M	Sell	540,000 -90,000	-14%	-$15.7M	8.79%	2
2021 Q1	$111M	Sell	630,000 -90,000	-13%	-$11.2M	10.19%	2
2020 Q4	$58.2M	Hold	720,000	–	–	5.75%	3
2020 Q3	$36.1M	Hold	720,000	–	–	4.7%	4
2020 Q2	$47.6M	Hold	720,000	–	–	7.09%	1
2020 Q1	$30.4M	Buy	720,000 +22,500	+3%	+$1.65M	5.11%	2
2019 Q4	$60.5M	Hold	697,500	–	–	7.58%	1
2019 Q3	$50.3M	Hold	697,500	–	–	6.79%	1
2019 Q2	$61M	Hold	697,500	–	–	7.93%	1
2019 Q1	$60M	Sell	697,500 -22,500	-3%	-$1.76M	7.82%	1
2018 Q4	$43.3M	Hold	720,000	–	–	5.91%	1
2018 Q3	$69M	Sell	720,000 -135,000	-16%	-$12M	7.59%	1
2018 Q2	$66.1M	Sell	855,000 -45,000	-5%	-$3.16M	6.77%	2
2018 Q1	$50.5M	Hold	900,000	–	–	5.38%	3
2017 Q4	$44.7M	Sell	900,000 -90,000	-9%	-$4.1M	4.38%	3
2017 Q3	$44.5M	Sell	990,000 -135,000	-12%	-$5.4M	4.24%	3
2017 Q2	$36.7M	Hold	1,125,000	–	–	3.5%	4
2017 Q1	$35M	Hold	1,125,000	–	–	3.33%	4
2016 Q4	$37.1M	Sell	1,125,000 -135,000	-11%	-$4.23M	3.5%	4
2016 Q3	$32.9M	Sell	1,260,000 -90,000	-7%	-$1.84M	2.89%	7
2016 Q2	$25.3M	Hold	1,350,000	–	–	2.31%	9
2016 Q1	$21.8M	Hold	1,350,000	–	–	2.09%	10
2015 Q4	$19.6M	Hold	1,350,000	–	–	1.99%	10
2015 Q3	$21M	Hold	1,350,000	–	–	1.66%	17
2015 Q2	$22.6M	Sell	1,350,000 -450,000	-25%	-$7.64M	1.5%	25
2015 Q1	$29M	Sell	1,800,000 -360,000	-17%	-$5.18M	1.64%	17
2014 Q4	$28.3M	Sell	2,160,000 -90,000	-4%	-$1.48M	1.49%	23
2014 Q3	$48.1M	Hold	2,250,000	–	–	1.93%	8
2014 Q2	$40M	Hold	2,250,000	–	–	1.45%	19
2014 Q1	$32.4M	Hold	2,250,000	–	–	1.11%	48
2013 Q4	$24.7M	Hold	2,250,000	–	–	0.73%	68
2013 Q3	$21.1M	Hold	2,250,000	–	–	0.58%	67
2013 Q2	$21.2M	Buy	+2,250,000	New	+$19.4M	0.51%	67

Other funds holding TPL

HKAM

Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 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

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Pacific Heights Asset Management's TPL Position: Q1 2026 in Review

Pacific Heights Asset Management held its Texas Pacific Land (TPL) position steady in Q1 2026 at 620,000 shares worth $294M. The position accounts for 9.85% of the portfolio, ranked #1.

Pacific Heights Asset Management first reported a position in TPL in Q2 2013 and has held it in 52 quarters since. 860 funds tracked by Wall St. Rank hold TPL as of Q1 2026.

Pacific Heights Asset Management held 620,000 shares of Texas Pacific Land worth $294M as of Q1 2026.
Pacific Heights Asset Management left its Texas Pacific Land share count unchanged in Q1 2026.
Texas Pacific Land made up 9.85% of Pacific Heights Asset Management's portfolio in Q1 2026, its #1 holding.
Pacific Heights Asset Management first reported a position in Texas Pacific Land in Q2 2013 and has held it in 52 quarters since.
860 funds tracked by Wall St. Rank held Texas Pacific Land as of Q1 2026.

Based on Pacific Heights Asset Management's 13F filing for Q1 2026, filed 8 May 2026.