Texas Pacific Land
463 hedge funds and large institutions have $8.01B invested in Texas Pacific Land in 2023 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 151 increasing their positions, 150 reducing their positions, and 61 closing their positions.
9.97% more ownership
Funds ownership: 545.59% → 555.55% (+10%)
1% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 150
4% less funds holding
Funds holding: 482 → 463 (-19)
18% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 61
19% less funds holding in top 10
Funds holding in top 10: 32 → 26 (-6)
26% less capital invested
Capital invested by funds: $10.9B → $8.01B (-$2.85B)
Top Buyers
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$63.9M |
| 2 |
BlackRock
New York
|
+$45.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$24M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$21.3M |
| 5 |
Renaissance Technologies
New York
|
+$20.1M |
Top Sellers
TPL Hedge Fund Activity: Q1 2023 in Review
463 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2023, worth a combined $8.01B — down 26% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TPL and 50 opened new positions — a net loss of 11 holders — while 150 trimmed existing stakes and 151 added.
The largest buyer was Hodges Capital Management, adding an estimated $63.9M. The largest seller was First Trust Advisors, cutting an estimated $30.9M.
- 463 institutional investors held Texas Pacific Land (TPL) as of Q1 2023, down from 482 in Q4 2022.
- Funds reported $8.01B of Texas Pacific Land stock for Q1 2023, down 26% quarter-over-quarter.
- 50 funds opened new Texas Pacific Land positions in Q1 2023 and 61 closed out, a net change of -11 holders.
- The largest Texas Pacific Land buyer in Q1 2023 was Hodges Capital Management, an estimated $63.9M added.
- The largest Texas Pacific Land seller in Q1 2023 was First Trust Advisors, an estimated $30.9M sold.
Based on aggregated 13F filings for Q1 2023.