Texas Pacific Land
TPL
431 hedge funds and large institutions have $8.07B invested in Texas Pacific Land in 2022 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 101 increasing their positions, 146 reducing their positions, and 37 closing their positions.
89% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 37
22% more capital invested
Capital invested by funds: $6.62B → $8.07B (+$1.44B)
11.76% more ownership
Funds ownership: 517.63% → 529.39% (+12%)
10% more funds holding in top 10
Funds holding in top 10: 30 → 33 (+3)
7% more funds holding
Funds holding: 401 → 431 (+30)
31% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 146
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$94.9M |
| 2 |
Amundi
Paris,
France
|
+$37.1M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$31.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$31.4M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$51.7M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$29M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
-$28.1M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$27.9M |
| 5 |
Jane Street
New York
|
-$13.6M |
TPL Hedge Fund Activity: Q3 2022 in Review
431 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q3 2022, worth a combined $8.07B — up 22% from $6.62B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new TPL positions and 37 closed out — a net gain of 33 holders — while 101 added to existing stakes and 146 trimmed.
The largest buyer was BlackRock, adding an estimated $94.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $51.7M.
- 431 institutional investors held Texas Pacific Land (TPL) as of Q3 2022, up from 401 in Q2 2022.
- Funds reported $8.07B of Texas Pacific Land stock for Q3 2022, up 22% quarter-over-quarter.
- 70 funds opened new Texas Pacific Land positions in Q3 2022 and 37 closed out, a net change of +33 holders.
- The largest Texas Pacific Land buyer in Q3 2022 was BlackRock, an estimated $94.9M added.
- The largest Texas Pacific Land seller in Q3 2022 was T. Rowe Price Associates, an estimated $51.7M sold.
Based on aggregated 13F filings for Q3 2022.