Texas Pacific Land
79 hedge funds and large institutions have $495M invested in Texas Pacific Land in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
10% more capital invested
Capital invested by funds: $450M → $495M (+$45.2M)
4% more funds holding
Funds holding: 76 → 79 (+3)
0.55% more ownership
Funds ownership: 376.84% → 377.39% (+0.55%)
Top Buyers
Top Sellers
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$5.42M |
| 2 |
TP
Truvvo Partners
New York
|
-$2.56M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$740K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$507K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$506K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
76
Winslow Evans & Crocker
Boston,
Massachusetts
| $3.64K | -$132 | -9 | -4% |
|
|
AC
77
Alexandria Capital
Arlington,
Virginia
| $3K | – | – | – |
|
|
AIG
78
American International Group
New York
| $3K | – | – | – |
|
|
QI
79
QS Investors
New York
| $1K | – | – | – |
|
|
TP
80
Truvvo Partners
New York
| – | -$2.56M | -175,860 | Closed |
|
|
VKH
81
Virtu KCG Holdings
New York
| – | -$506K | -34,812 | Closed |
|
|
HIM
82
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$367K | -25,200 | Closed |
|
|
RFC
83
Regions Financial Corp
Birmingham,
Alabama
| – | -$288K | -19,800 | Closed |
|
|
GCP
84
GSA Capital Partners
London,
United Kingdom
| – | -$276K | -18,981 | Closed |
|
85
Goldman Sachs
New York
| – | -$203K | -13,959 | Closed |
|
TPL Hedge Fund Activity: Q1 2016 in Review
79 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2016, worth a combined $495M — up 10% from $450M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TPL positions and 6 closed out — a net gain of 3 holders — while 21 added to existing stakes and 19 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $4.02M. The largest seller was Hodges Capital Management, cutting an estimated $5.42M.
- 79 institutional investors held Texas Pacific Land (TPL) as of Q1 2016, up from 76 in Q4 2015.
- Funds reported $495M of Texas Pacific Land stock for Q1 2016, up 10% quarter-over-quarter.
- 9 funds opened new Texas Pacific Land positions in Q1 2016 and 6 closed out, a net change of +3 holders.
- The largest Texas Pacific Land buyer in Q1 2016 was Horizon Kinetics, an estimated $4.02M added.
- The largest Texas Pacific Land seller in Q1 2016 was Hodges Capital Management, an estimated $5.42M sold.
Based on aggregated 13F filings for Q1 2016.