Texas Pacific Land
102 hedge funds and large institutions have $954M invested in Texas Pacific Land in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 29 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
20% more capital invested
Capital invested by funds: $795M → $954M (+$159M)
9% more funds holding
Funds holding: 94 → 102 (+8)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
6.78% less ownership
Funds ownership: 374.02% → 367.23% (-6.8%)
38% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 29
Top Buyers
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$11.1M |
| 2 |
HK
Horizon Kinetics
New York
|
+$7.4M |
| 3 |
Millennium Management
New York
|
+$5.35M |
| 4 |
Morgan Stanley
New York
|
+$2.95M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$2.06M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
101
QS Investors
New York
| $1K | – | – | – |
|
|
SPIA
102
Steward Partners Investment Advisory
New York
| $1K | +$1.41K | +45 | New |
|
|
HCM
103
Highbridge Capital Management
New York
| – | -$612K | -23,031 | Closed |
|
104
Teacher Retirement System of Texas
Austin,
Texas
| – | -$221K | -8,478 | Closed |
|
105
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$187K | -7,056 | Closed |
|
|
IGIM
106
I.G. Investment Management
Winnipeg,
Manitoba, Canada
| – | -$141K | -5,400 | Closed |
|
|
GWM
107
Geneos Wealth Management
Englewood,
Colorado
| – | -$47K | -1,800 | Closed |
|
|
BJ
108
BlackRock Japan
Tokyo,
Japan
| – | -$19K | -702 | Closed |
|
TPL Hedge Fund Activity: Q4 2016 in Review
102 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q4 2016, worth a combined $954M — up 20% from $795M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TPL positions and 6 closed out — a net gain of 9 holders — while 18 added to existing stakes and 29 trimmed.
The largest buyer was KGH Ltd, opening a new position worth an estimated $11.1M. The largest seller was UBS Group, cutting an estimated $17.3M.
- 102 institutional investors held Texas Pacific Land (TPL) as of Q4 2016, up from 94 in Q3 2016.
- Funds reported $954M of Texas Pacific Land stock for Q4 2016, up 20% quarter-over-quarter.
- 15 funds opened new Texas Pacific Land positions in Q4 2016 and 6 closed out, a net change of +9 holders.
- The largest Texas Pacific Land buyer in Q4 2016 was KGH Ltd, an estimated $11.1M added.
- The largest Texas Pacific Land seller in Q4 2016 was UBS Group, an estimated $17.3M sold.
Based on aggregated 13F filings for Q4 2016.