Texas Pacific Land
157 hedge funds and large institutions have $2.16B invested in Texas Pacific Land in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 41 increasing their positions, 47 reducing their positions, and 9 closing their positions.
211% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 9
37% more capital invested
Capital invested by funds: $1.57B → $2.16B (+$580M)
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
14% more funds holding
Funds holding: 138 → 157 (+19)
0.67% less ownership
Funds ownership: 357.9% → 357.23% (-0.67%)
13% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$18.2M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$8.99M |
| 3 |
FM
Family Management
New York
|
+$6.71M |
| 4 |
WEC
White Elm Capital
Greenwich,
Connecticut
|
+$5.66M |
| 5 |
Renaissance Technologies
New York
|
+$5.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$19.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.7M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$14.7M |
| 4 |
LKIM
Lawson Kroeker Investment Management
Omaha,
Nebraska
|
-$8.08M |
| 5 |
LIM
Lagoda Investment Management
New York
|
-$4.77M |
TPL Hedge Fund Activity: Q2 2018 in Review
157 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q2 2018, worth a combined $2.16B — up 37% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TPL positions and 9 closed out — a net gain of 19 holders — while 41 added to existing stakes and 47 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $18.2M. The largest seller was UBS Group, cutting an estimated $19.1M.
- 157 institutional investors held Texas Pacific Land (TPL) as of Q2 2018, up from 138 in Q1 2018.
- Funds reported $2.16B of Texas Pacific Land stock for Q2 2018, up 37% quarter-over-quarter.
- 28 funds opened new Texas Pacific Land positions in Q2 2018 and 9 closed out, a net change of +19 holders.
- The largest Texas Pacific Land buyer in Q2 2018 was Fidelity International, an estimated $18.2M added.
- The largest Texas Pacific Land seller in Q2 2018 was UBS Group, an estimated $19.1M sold.
Based on aggregated 13F filings for Q2 2018.