Select Equity Group’s Texas Pacific Land TPL Stock Holding History

Select Equity Group’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
2015 Q1	–	Sell	-357,048	Closed	-$4.68M	–	112
2014 Q4	$4.68M	Sell	357,048 -275,994	-44%	-$4.54M	0.04%	100
2014 Q3	$13.5M	Sell	633,042 -927,468	-59%	-$19M	0.14%	86
2014 Q2	$27.8M	Sell	1,560,510 -512,559	-25%	-$8.44M	0.28%	63
2014 Q1	$29.8M	Sell	2,073,069 -969,309	-32%	-$12.7M	0.33%	55
2013 Q4	$33.8M	Sell	3,042,378 -1,020,240	-25%	-$10.5M	0.35%	60
2013 Q3	$38.2M	Sell	4,062,618 -938,943	-19%	-$8.85M	0.52%	51
2013 Q2	$46.9M	Buy	+5,001,561	New	+$43.1M	0.66%	45

Other funds holding TPL

Horizon Kinetics New York $3.06B AUM 5.37% 1-Year Est. Return

HCM

Hodges Capital Management Dallas, Texas $1.51B AUM 85.85% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

PHAM

Pacific Heights Asset Management San Francisco, California $3.16B AUM 42.38% 1-Year Est. Return

First Manhattan New York $39.2B AUM 21.04% 1-Year Est. Return

LKIM

Lawson Kroeker Investment Management Omaha, Nebraska $361M AUM 22.26% 1-Year Est. Return

DRZID

DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.96B AUM 38.5% 1-Year Est. Return

APCM

Arbiter Partners Capital Management New York $190M AUM 50.42% 1-Year Est. Return

FDS

First Dallas Securities Dallas, Texas $303M AUM 47.81% 1-Year Est. Return

MRI

Mad River Investors Boston, Massachusetts $268M AUM 31.54% 1-Year Est. Return

Select Equity Group's TPL Position: Q1 2015 in Review

Select Equity Group sold out of Texas Pacific Land (TPL) in Q1 2015, closing a stake of 357,048 shares — an estimated $4.68M sold.

Select Equity Group first reported a position in TPL in Q2 2013 and held it in 7 quarters. The position peaked at $46.9M in Q2 2013. 60 funds tracked by Wall St. Rank hold TPL as of Q1 2015.

Select Equity Group reported no remaining Texas Pacific Land position as of Q1 2015 after selling out during the quarter.
Select Equity Group sold 357,048 Texas Pacific Land shares in Q1 2015, an estimated $4.68M.
Select Equity Group first reported a position in Texas Pacific Land in Q2 2013 and held it in 7 quarters.
Select Equity Group's Texas Pacific Land position peaked at $46.9M in Q2 2013.
60 funds tracked by Wall St. Rank held Texas Pacific Land as of Q1 2015.

Based on Select Equity Group's 13F filing for Q1 2015, filed 15 May 2015.