Texas Pacific Land
733 hedge funds and large institutions have $17.3B invested in Texas Pacific Land in 2025 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 251 increasing their positions, 250 reducing their positions, and 89 closing their positions.
138% more call options, than puts
Call options by funds: $179M | Put options by funds: $74.9M
2.26% more ownership
Funds ownership: 211.88% → 214.13% (+2.3%)
0% more repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 250
9% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 89
2% less funds holding
Funds holding: 748 → 733 (-15)
19% less capital invested
Capital invested by funds: $21.4B → $17.3B (-$4.08B)
22% less funds holding in top 10
Funds holding in top 10: 32 → 25 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$108M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$107M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$50.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$46.5M |
| 5 |
Renaissance Technologies
New York
|
+$41.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$91.7M |
| 2 |
ANRF
Adams Natural Resources Fund
Baltimore,
Maryland
|
-$89.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$64.5M |
| 4 |
State Street
Boston,
Massachusetts
|
-$39.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$32.3M |
TPL Hedge Fund Activity: Q2 2025 in Review
733 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q2 2025, worth a combined $17.3B — down 19% from $21.4B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of TPL and 81 opened new positions — a net loss of 8 holders — while 250 trimmed existing stakes and 251 added.
The largest buyer was TD Asset Management, adding an estimated $108M. The largest seller was Vanguard Group, cutting an estimated $91.7M.
- 733 institutional investors held Texas Pacific Land (TPL) as of Q2 2025, down from 748 in Q1 2025.
- Funds reported $17.3B of Texas Pacific Land stock for Q2 2025, down 19% quarter-over-quarter.
- 81 funds opened new Texas Pacific Land positions in Q2 2025 and 89 closed out, a net change of -8 holders.
- The largest Texas Pacific Land buyer in Q2 2025 was TD Asset Management, an estimated $108M added.
- The largest Texas Pacific Land seller in Q2 2025 was Vanguard Group, an estimated $91.7M sold.
Based on aggregated 13F filings for Q2 2025.