Texas Pacific Land
104 hedge funds and large institutions have $889M invested in Texas Pacific Land in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 30 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% more funds holding
Funds holding: 102 → 104 (+2)
6.59% less ownership
Funds ownership: 367.23% → 360.64% (-6.6%)
7% less capital invested
Capital invested by funds: $954M → $889M (-$65.5M)
17% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 30
Top Buyers
| 1 |
HK
Horizon Kinetics
New York
|
+$8.85M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.57M |
| 4 |
Morgan Stanley
New York
|
+$2.4M |
| 5 |
BlackRock
New York
|
+$1.83M |
Top Sellers
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$10.9M |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
-$10M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.17M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$4.3M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$2.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
101
Tradewinds Capital Management
Bellingham,
Washington
| $4K | +$4.54K | +135 | New |
|
|
QI
102
QS Investors
New York
| $1K | – | – | – |
|
|
SPIA
103
Steward Partners Investment Advisory
New York
| $1K | – | – | – |
|
|
OAM
104
Oppenheimer Asset Management
New York
| $1K | +$908 | +27 | New |
|
|
105
Capital World Investors
Los Angeles,
California
| – | -$2.17M | -65,871 | Closed |
|
|
AA
106
ALPS Advisors
Denver,
Colorado
| – | -$635K | -19,260 | Closed |
|
107
Ameriprise
Minneapolis,
Minnesota
| – | -$559K | -16,956 | Closed |
|
|
SAM
108
Silvercrest Asset Management
New York
| – | -$337K | -10,206 | Closed |
|
109
Two Sigma Advisers
New York
| – | -$267K | -8,100 | Closed |
|
110
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$208K | -6,300 | Closed |
|
TPL Hedge Fund Activity: Q1 2017 in Review
104 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2017, worth a combined $889M — down 6.9% from $954M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TPL positions and 6 closed out — a net gain of 6 holders — while 25 added to existing stakes and 30 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $8.85M. The largest seller was Hodges Capital Management, cutting an estimated $10.9M.
- 104 institutional investors held Texas Pacific Land (TPL) as of Q1 2017, up from 102 in Q4 2016.
- Funds reported $889M of Texas Pacific Land stock for Q1 2017, down 6.9% quarter-over-quarter.
- 12 funds opened new Texas Pacific Land positions in Q1 2017 and 6 closed out, a net change of +6 holders.
- The largest Texas Pacific Land buyer in Q1 2017 was Horizon Kinetics, an estimated $8.85M added.
- The largest Texas Pacific Land seller in Q1 2017 was Hodges Capital Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2017.