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LB

LandBridge Co

156 hedge funds and large institutions have $1.35B invested in LandBridge Co in 2025 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 71 increasing their positions, 39 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 39

18% more call options, than puts

Call options by funds: $9.71M | Put options by funds: $8.23M

0% more funds holding

Funds holding: 156156 (0)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 30

7.92% less ownership

Funds ownership: 107.81%99.89% (-7.9%)

20% less capital invested

Capital invested by funds: $1.69B → $1.35B (-$343M)

Holders
156
Holders Change
Holders Change %
0%
% of All Funds
2.05%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
30
Increased
71
Reduced
39
Closed
30
Calls
$9.71M
Puts
$8.23M
Net Calls
+$1.48M
Net Calls Change
+$3.41M
Name Holding Trade Value Shares
Change
Change in
Stake
HKAM
1
Horizon Kinetics Asset Management
New York
$300M +$7.35M +133,188 +2%
First Manhattan
2
First Manhattan
New York
$295M +$133M +2,419,273 +78%
Morgan Stanley
3
Morgan Stanley
New York
$264M +$18.1M +328,840 +7%
Vanguard Group
4
Vanguard Group
Pennsylvania
$45.6M +$3.77M +68,343 +9%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$43.8M -$767K -13,900 -2%
HRCM
6
Hood River Capital Management
Florida
$35.8M +$55.6K +1,008 +0.2%
SIC
7
Schwartz Investment Counsel
Michigan
$30.9M +$3.31M +60,095 +12%
Raymond James Financial
8
Raymond James Financial
Florida
$24.2M -$675K -12,233 -3%
UBS Group
9
UBS Group
Switzerland
$22.7M +$11M +200,231 +89%
CA
10
Cortland Associates
Missouri
$22M +$14.4M +260,812 +172%
SSCM
11
Summit Street Capital Management
New York
$15.2M
AAS
12
Annex Advisory Services
Wisconsin
$14.4M +$3.43M +62,233 +30%
CAPTRUST Financial Advisors
13
CAPTRUST Financial Advisors
North Carolina
$14.3M +$1.02M +18,481 +7%
OCPWS
14
One Charles Private Wealth Services
Massachusetts
$13.1M +$3.68M +66,806 +37%
MRI
15
Mad River Investors
Massachusetts
$12.9M +$348K +6,302 +3%
ECM
16
EagleClaw Capital Management
Massachusetts
$10.8M +$4.9M +88,875 +78%
MC
17
Moors & Cabot
Massachusetts
$10.5M +$1.11M +20,115 +11%
Two Sigma Investments
18
Two Sigma Investments
New York
$10.2M +$410K +7,440 +4%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$7.67M +$827K +15,000 +12%
Bank of America
20
Bank of America
North Carolina
$7.6M -$37.6K -681 -0.5%
GCM
21
Ghisallo Capital Management
Massachusetts
$6.94M -$51.6K -936 -0.7%
TAM
22
Tocqueville Asset Management
New York
$5.97M +$1.19M +21,500 +24%
Citadel Advisors
23
Citadel Advisors
Florida
$5.46M +$820K +14,875 +17%
Wells Fargo
24
Wells Fargo
California
$5.36M +$2.24M +40,624 +68%
Blackstone Inc
25
Blackstone Inc
New York
$5.33M -$1.38M -25,000 -20%

LB Hedge Fund Activity: Q3 2025 in Review

156 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in LandBridge Co (LB) for Q3 2025, worth a combined $1.35B — down 20% from $1.69B a quarter earlier.

Fund positioning in LB was balanced in Q3 2025: 30 funds opened new positions, 30 closed out, 71 added to existing stakes and 39 trimmed.

The largest buyer was First Manhattan, adding an estimated $133M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $80.8M sold.

  • 156 institutional investors held LandBridge Co (LB) as of Q3 2025, unchanged from Q2 2025.
  • Funds reported $1.35B of LandBridge Co stock for Q3 2025, down 20% quarter-over-quarter.
  • 30 funds opened new LandBridge Co positions in Q3 2025 and 30 closed out, a net change of 0 holders.
  • The largest LandBridge Co buyer in Q3 2025 was First Manhattan, an estimated $133M added.
  • The largest LandBridge Co seller in Q3 2025 was T. Rowe Price Investment Management, an estimated $80.8M sold.

Based on aggregated 13F filings for Q3 2025.