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Texas Pacific Land

341 hedge funds and large institutions have $7.03B invested in Texas Pacific Land in 2021 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 80 increasing their positions, 101 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

232% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 22

17% more funds holding

Funds holding: 292341 (+49)

14% more funds holding in top 10

Funds holding in top 10: 2225 (+3)

10.44% more ownership

Funds ownership: 499.12%509.56% (+10%)

3% more capital invested

Capital invested by funds: $6.83B → $7.03B (+$193M)

21% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 101

Holders
341
Holders Change
+49
Holders Change %
+16.78%
% of All Funds
5.94%
Holding in Top 10
25
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+13.64%
% of All Funds
0.44%
New
73
Increased
80
Reduced
101
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LIM
26
Lagoda Investment Management
New York
$39.5M -$1.59M -9,108 -4%
Fidelity International
27
Fidelity International
Bermuda
$36.8M -$9.46M -54,360 -21%
Blackstone Inc
28
Blackstone Inc
New York
$33M +$32.3M +185,760 New
SMP
29
Santa Monica Partners
Florida
$29.2M +$3.13K +18 +0%
PNC Financial Services Group
30
PNC Financial Services Group
Pennsylvania
$28.7M -$337K -1,935 -1%
CA
31
Cortland Associates
Missouri
$28.2M -$11K -63 -0%
N
32
Nuveen
North Carolina
$28.2M +$27.6M +158,508 New
ECM
33
EagleClaw Capital Management
Massachusetts
$26M +$512K +2,943 +2%
Bank of America
34
Bank of America
North Carolina
$25.6M +$154K +882 +0.6%
FDS
35
First Dallas Securities
Texas
$23M +$22.5M +129,141 New
RJA
36
Raymond James & Associates
Florida
$22.9M -$429K -2,466 -2%
Swiss National Bank
37
Swiss National Bank
Switzerland
$21.9M -$784K -4,500 -4%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$20.8M +$763K +4,383 +4%
UCFA
39
United Capital Financial Advisors
Texas
$20.3M -$223K -1,278 -1%
CI Investments Inc
40
CI Investments Inc
Ontario, Canada
$19.6M +$19.2M +110,529 New
EVM
41
Eaton Vance Management
Massachusetts
$18.6M
Invesco
42
Invesco
Georgia
$18M -$520K -2,988 -3%
BCM
43
Beddow Capital Management
Wyoming
$17.5M -$182K -1,044 -1%
Two Sigma Investments
44
Two Sigma Investments
New York
$16.4M +$16.1M +92,349 New
UBS AM
45
UBS AM
Illinois
$16.4M +$16.1M +92,196 New
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$16.4M +$16M +92,169 New
BIM
47
Bridges Investment Management
Nebraska
$16.3M +$251K +1,440 +2%
CG
48
Colony Group
Massachusetts
$16.3M -$1.38M -7,938 -8%
US Bancorp
49
US Bancorp
Minnesota
$16M -$20.4K -117 -0.1%
Nordea Investment Management
50
Nordea Investment Management
Sweden
$15.9M +$1.5M +8,640 +11%

TPL Hedge Fund Activity: Q2 2021 in Review

341 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q2 2021, worth a combined $7.03B — up 2.8% from $6.83B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new TPL positions and 22 closed out — a net gain of 51 holders — while 80 added to existing stakes and 101 trimmed.

The largest buyer was BlackRock, adding an estimated $228M. The largest seller was Morgan Stanley, cutting an estimated $539M.

  • 341 institutional investors held Texas Pacific Land (TPL) as of Q2 2021, up from 292 in Q1 2021.
  • Funds reported $7.03B of Texas Pacific Land stock for Q2 2021, up 2.8% quarter-over-quarter.
  • 73 funds opened new Texas Pacific Land positions in Q2 2021 and 22 closed out, a net change of +51 holders.
  • The largest Texas Pacific Land buyer in Q2 2021 was BlackRock, an estimated $228M added.
  • The largest Texas Pacific Land seller in Q2 2021 was Morgan Stanley, an estimated $539M sold.

Based on aggregated 13F filings for Q2 2021.