Texas Pacific Land
203 hedge funds and large institutions have $2.38B invested in Texas Pacific Land in 2019 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 50 increasing their positions, 69 reducing their positions, and 6 closing their positions.
417% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 6
13% more funds holding
Funds holding: 180 → 203 (+23)
1% more capital invested
Capital invested by funds: $2.36B → $2.38B (+$20.3M)
3.02% less ownership
Funds ownership: 353.36% → 350.34% (-3%)
6% less funds holding in top 10
Funds holding in top 10: 18 → 17 (-1)
28% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 69
Top Buyers
| 1 |
PC
Polar Capital
London,
United Kingdom
|
+$12.1M |
| 2 |
CG
Colony Group
Boston,
Massachusetts
|
+$10.6M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$7.83M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$6.31M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.79M |
Top Sellers
| 1 |
UBS Group
Zurich,
Switzerland
|
-$64.3M |
| 2 |
Morgan Stanley
New York
|
-$7.71M |
| 3 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$7.61M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$5.68M |
| 5 |
Bank of New York Mellon
New York
|
-$4.07M |
TPL Hedge Fund Activity: Q2 2019 in Review
203 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q2 2019, worth a combined $2.38B — up 0.86% from $2.36B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TPL positions and 6 closed out — a net gain of 25 holders — while 50 added to existing stakes and 69 trimmed.
The largest buyer was Polar Capital, adding an estimated $12.1M. The largest seller was UBS Group, cutting an estimated $64.3M.
- 203 institutional investors held Texas Pacific Land (TPL) as of Q2 2019, up from 180 in Q1 2019.
- Funds reported $2.38B of Texas Pacific Land stock for Q2 2019, up 0.86% quarter-over-quarter.
- 31 funds opened new Texas Pacific Land positions in Q2 2019 and 6 closed out, a net change of +25 holders.
- The largest Texas Pacific Land buyer in Q2 2019 was Polar Capital, an estimated $12.1M added.
- The largest Texas Pacific Land seller in Q2 2019 was UBS Group, an estimated $64.3M sold.
Based on aggregated 13F filings for Q2 2019.