Texas Pacific Land
TPL
168 hedge funds and large institutions have $1.69B invested in Texas Pacific Land in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 32 closing their positions.
5.96% more ownership
Funds ownership: 356.04% → 362.01% (+6%)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
6% less funds holding
Funds holding: 179 → 168 (-11)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
31% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 32
36% less capital invested
Capital invested by funds: $2.66B → $1.69B (-$966M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.74M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$6.74M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$5.71M |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
+$5.59M |
| 5 |
WEC
White Elm Capital
Greenwich,
Connecticut
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.19M |
| 3 |
LIM
Lagoda Investment Management
New York
|
-$4.45M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.94M |
| 5 |
Goldman Sachs
New York
|
-$1.92M |
TPL Hedge Fund Activity: Q4 2018 in Review
168 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q4 2018, worth a combined $1.69B — down 36% from $2.66B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of TPL and 22 opened new positions — a net loss of 10 holders — while 49 trimmed existing stakes and 46 added.
The largest buyer was Morgan Stanley, adding an estimated $9.74M. The largest seller was Horizon Kinetics, cutting an estimated $14M.
- 168 institutional investors held Texas Pacific Land (TPL) as of Q4 2018, down from 179 in Q3 2018.
- Funds reported $1.69B of Texas Pacific Land stock for Q4 2018, down 36% quarter-over-quarter.
- 22 funds opened new Texas Pacific Land positions in Q4 2018 and 32 closed out, a net change of -10 holders.
- The largest Texas Pacific Land buyer in Q4 2018 was Morgan Stanley, an estimated $9.74M added.
- The largest Texas Pacific Land seller in Q4 2018 was Horizon Kinetics, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2018.