White Elm Capital’s Texas Pacific Land TPL Stock Holding History

White Elm 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
2019 Q4	$7.19M	Sell	82,800 -161,109	-66%	-$11.8M	6.1%	4
2019 Q3	$17.6M	Buy	243,909 +22,752	+10%	+$1.77M	4.55%	5
2019 Q2	$19.3M	Buy	221,157 +24,732	+13%	+$2.22M	4.75%	4
2019 Q1	$16.9M	Hold	196,425	–	–	4.45%	9
2018 Q4	$11.8M	Buy	196,425 +66,492	+51%	+$4.79M	3.29%	16
2018 Q3	$12.5M	Buy	129,933 +49,203	+61%	+$4.38M	2.96%	19
2018 Q2	$6.24M	Buy	+80,730	New	+$5.66M	1.49%	26

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

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

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

PHAM

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

EIP

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

HCM

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

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

MRI

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

LKIM

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

White Elm Capital's TPL Position: Q4 2019 in Review

White Elm Capital reduced its Texas Pacific Land (TPL) stake by 66% in Q4 2019, selling an estimated $11.8M and leaving 82,800 shares worth $7.19M. The position accounts for 6.1% of the portfolio, ranked #4.

White Elm Capital first reported a position in TPL in Q2 2018 and has held it in 7 quarters since. The position peaked at $19.3M in Q2 2019. 225 funds tracked by Wall St. Rank hold TPL as of Q4 2019.

White Elm Capital held 82,800 shares of Texas Pacific Land worth $7.19M as of Q4 2019.
White Elm Capital sold 161,109 Texas Pacific Land shares in Q4 2019, an estimated $11.8M.
Texas Pacific Land made up 6.1% of White Elm Capital's portfolio in Q4 2019, its #4 holding.
White Elm Capital first reported a position in Texas Pacific Land in Q2 2018 and has held it in 7 quarters since.
White Elm Capital's Texas Pacific Land position peaked at $19.3M in Q2 2019.
225 funds tracked by Wall St. Rank held Texas Pacific Land as of Q4 2019.

Based on White Elm Capital's 13F filing for Q4 2019, filed 14 Feb 2020.