Texas Pacific Land
292 hedge funds and large institutions have $6.83B invested in Texas Pacific Land in 2021 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 53 increasing their positions, 99 reducing their positions, and 36 closing their positions.
164% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 36
162% more capital invested
Capital invested by funds: $2.61B → $6.83B (+$4.23B)
81.51% more ownership
Funds ownership: 417.61% → 499.12% (+82%)
24% more funds holding
Funds holding: 236 → 292 (+56)
16% more funds holding in top 10
Funds holding in top 10: 19 → 22 (+3)
46% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$598M |
| 2 |
BlackRock
New York
|
+$167M |
| 3 |
Morgan Stanley
New York
|
+$146M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$68M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$54.2M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$46.4M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$43.1M |
| 4 |
HF
HRT Financial
New York
|
-$43M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$29.1M |
TPL Hedge Fund Activity: Q1 2021 in Review
292 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2021, worth a combined $6.83B — up 162% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new TPL positions and 36 closed out — a net gain of 59 holders — while 53 added to existing stakes and 99 trimmed.
The largest buyer was Vanguard Group, adding an estimated $598M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $54.2M.
- 292 institutional investors held Texas Pacific Land (TPL) as of Q1 2021, up from 236 in Q4 2020.
- Funds reported $6.83B of Texas Pacific Land stock for Q1 2021, up 162% quarter-over-quarter.
- 95 funds opened new Texas Pacific Land positions in Q1 2021 and 36 closed out, a net change of +59 holders.
- The largest Texas Pacific Land buyer in Q1 2021 was Vanguard Group, an estimated $598M added.
- The largest Texas Pacific Land seller in Q1 2021 was Horizon Kinetics Asset Management, an estimated $54.2M sold.
Based on aggregated 13F filings for Q1 2021.