Polar Capital’s Texas Pacific Land TPL Stock Holding History

Polar Capital’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
2020 Q1	–	Sell	-317,520	Closed	-$27.6M	–	318
2019 Q4	$27.6M	Sell	317,520 -220,914	-41%	-$16.2M	0.24%	131
2019 Q3	$38.9M	Buy	538,434 +7,236	+1%	+$564K	0.35%	85
2019 Q2	$46.5M	Buy	531,198 +134,505	+34%	+$12.1M	0.41%	78
2019 Q1	$34.1M	Buy	396,693 +61,308	+18%	+$4.79M	0.32%	106
2018 Q4	$20.2M	Buy	335,385 +77,553	+30%	+$5.59M	0.22%	134
2018 Q3	$24.7M	Buy	+257,832	New	+$22.9M	0.21%	140

Other funds holding TPL

HKAM

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

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

EIP

Epoch Investment Partners New York $16.5B AUM 24.3% 1-Year Est. Return

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

PHAM

Pacific Heights Asset Management San Francisco, California $2.99B AUM 52.5% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

HCM

Hodges Capital Management Dallas, Texas $1.21B AUM 49% 1-Year Est. Return

MRI

Mad River Investors Boston, Massachusetts $278M AUM 32.21% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

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

Polar Capital's TPL Position: Q1 2020 in Review

Polar Capital sold out of Texas Pacific Land (TPL) in Q1 2020, closing a stake of 317,520 shares — an estimated $27.6M sold.

Polar Capital first reported a position in TPL in Q3 2018 and held it in 6 quarters. The position peaked at $46.5M in Q2 2019. 194 funds tracked by Wall St. Rank hold TPL as of Q1 2020.

Polar Capital reported no remaining Texas Pacific Land position as of Q1 2020 after selling out during the quarter.
Polar Capital sold 317,520 Texas Pacific Land shares in Q1 2020, an estimated $27.6M.
Polar Capital first reported a position in Texas Pacific Land in Q3 2018 and held it in 6 quarters.
Polar Capital's Texas Pacific Land position peaked at $46.5M in Q2 2019.
194 funds tracked by Wall St. Rank held Texas Pacific Land as of Q1 2020.

Based on Polar Capital's 13F filing for Q1 2020, filed 15 May 2020.