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Texas Pacific Land

595 hedge funds and large institutions have $13.5B invested in Texas Pacific Land in 2024 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 186 increasing their positions, 201 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

307% more call options, than puts

Call options by funds: $5.04M | Put options by funds: $1.24M

60% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 48

22% more capital invested

Capital invested by funds: $11B → $13.5B (+$2.47B)

15% more funds holding in top 10

Funds holding in top 10: 2630 (+4)

4% more funds holding

Funds holding: 570595 (+25)

3.8% more ownership

Funds ownership: 195.44%199.24% (+3.8%)

7% less repeat investments, than reductions

Existing positions increased: 186 | Existing positions reduced: 201

Holders
595
Holders Change
+25
Holders Change %
+4.39%
% of All Funds
8.54%
Holding in Top 10
30
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+15.38%
% of All Funds
0.43%
New
77
Increased
186
Reduced
201
Closed
48
Calls
$5.04M
Puts
$1.24M
Net Calls
+$3.8M
Net Calls Change
+$3.8M
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
26
Hodges Capital Management
Texas
$64M -$2.45M -8,913 -4%
UBS AM
27
UBS AM
Illinois
$62.7M +$5.43M +19,794 +10%
RhumbLine Advisers
28
RhumbLine Advisers
Massachusetts
$52M -$2.26M -8,229 -4%
Swiss National Bank
29
Swiss National Bank
Switzerland
$51.3M
Goldman Sachs
30
Goldman Sachs
New York
$49.3M -$13.8M -50,310 -23%
SMP
31
Santa Monica Partners
Florida
$47.8M
N
32
Nuveen
North Carolina
$44.4M -$27.2K -99 -0.1%
LKIM
33
Lawson Kroeker Investment Management
Nebraska
$44M -$2.25M -8,202 -5%
ECM
34
EagleClaw Capital Management
Massachusetts
$42.1M -$455K -1,659 -1%
Sumitomo Mitsui Trust Group
35
Sumitomo Mitsui Trust Group
Japan
$41.4M +$2.56M +9,339 +7%
Principal Financial Group
36
Principal Financial Group
Iowa
$40.8M -$15M -54,651 -28%
PNC Financial Services Group
37
PNC Financial Services Group
Pennsylvania
$40.2M -$175K -636 -0.5%
CA
38
Cortland Associates
Missouri
$36.5M -$692K -2,520 -2%
National Pension Service
39
National Pension Service
South Korea
$35.6M +$5.26M +19,170 +19%
Wells Fargo
40
Wells Fargo
California
$35.3M +$9.06K +33 +0%
LIM
41
Lagoda Investment Management
New York
$34.8M -$7.94M -28,920 -20%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$34.5M +$793K +2,889 +3%
Bank of America
43
Bank of America
North Carolina
$31.4M +$2.99M +10,881 +11%
JP Morgan Chase
44
JP Morgan Chase
New York
$30M -$34.7M -126,498 -55%
TAM
45
Tocqueville Asset Management
New York
$29.9M +$2.43M +8,868 +10%
HighTower Advisors
46
HighTower Advisors
Illinois
$28.5M -$216K -786 -0.8%
Deutsche Bank
47
Deutsche Bank
Germany
$28.2M +$1.39M +5,079 +6%
RJA
48
Raymond James & Associates
Florida
$26.7M -$337K -1,227 -1%
BCM
49
Beddow Capital Management
Wyoming
$25.7M -$2.09M -7,620 -8%
Ameriprise
50
Ameriprise
Minnesota
$25.3M +$2.41M +8,790 +11%

TPL Hedge Fund Activity: Q3 2024 in Review

595 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q3 2024, worth a combined $13.5B — up 22% from $11B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new TPL positions and 48 closed out — a net gain of 29 holders — while 186 added to existing stakes and 201 trimmed.

The largest buyer was Vanguard Group, adding an estimated $71M. The largest seller was JP Morgan Chase, cutting an estimated $34.7M.

  • 595 institutional investors held Texas Pacific Land (TPL) as of Q3 2024, up from 570 in Q2 2024.
  • Funds reported $13.5B of Texas Pacific Land stock for Q3 2024, up 22% quarter-over-quarter.
  • 77 funds opened new Texas Pacific Land positions in Q3 2024 and 48 closed out, a net change of +29 holders.
  • The largest Texas Pacific Land buyer in Q3 2024 was Vanguard Group, an estimated $71M added.
  • The largest Texas Pacific Land seller in Q3 2024 was JP Morgan Chase, an estimated $34.7M sold.

Based on aggregated 13F filings for Q3 2024.