Texas Pacific Land
TPL
359 hedge funds and large institutions have $5.32B invested in Texas Pacific Land in 2021 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 103 increasing their positions, 100 reducing their positions, and 41 closing their positions.
49% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 41
5% more funds holding
Funds holding: 341 → 359 (+18)
3% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 100
1.08% less ownership
Funds ownership: 509.56% → 508.47% (-1.1%)
12% less funds holding in top 10
Funds holding in top 10: 25 → 22 (-3)
24% less capital invested
Capital invested by funds: $7.03B → $5.32B (-$1.71B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$83.5M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$23.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.7M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$12.2M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$48.2M |
| 2 |
Jane Street
New York
|
-$45.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$36.6M |
| 4 |
Blackstone Inc
New York
|
-$33M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$27M |
TPL Hedge Fund Activity: Q3 2021 in Review
359 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q3 2021, worth a combined $5.32B — down 24% from $7.03B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new TPL positions and 41 closed out — a net gain of 20 holders — while 103 added to existing stakes and 100 trimmed.
The largest buyer was State Street, adding an estimated $83.5M. The largest seller was BlackRock, cutting an estimated $48.2M.
- 359 institutional investors held Texas Pacific Land (TPL) as of Q3 2021, up from 341 in Q2 2021.
- Funds reported $5.32B of Texas Pacific Land stock for Q3 2021, down 24% quarter-over-quarter.
- 61 funds opened new Texas Pacific Land positions in Q3 2021 and 41 closed out, a net change of +20 holders.
- The largest Texas Pacific Land buyer in Q3 2021 was State Street, an estimated $83.5M added.
- The largest Texas Pacific Land seller in Q3 2021 was BlackRock, an estimated $48.2M sold.
Based on aggregated 13F filings for Q3 2021.