Texas Pacific Land
476 hedge funds and large institutions have $7.96B invested in Texas Pacific Land in 2024 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 168 increasing their positions, 166 reducing their positions, and 42 closing their positions.
31% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 42
7% more capital invested
Capital invested by funds: $7.46B → $7.96B (+$494M)
1% more funds holding
Funds holding: 471 → 476 (+5)
1% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 166
0% more funds holding in top 10
Funds holding in top 10: 27 → 27 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.59M
377.25% less ownership
Funds ownership: 556.13% → 178.88% (-377%)
Top Buyers
| 1 |
SI
Scout Investments
Kansas City,
Missouri
|
+$12.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.8M |
| 3 |
JP Morgan Chase
New York
|
+$9.83M |
| 4 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
+$9.27M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.26M |
Top Sellers
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$123M |
| 2 |
Morgan Stanley
New York
|
-$110M |
| 3 |
Jane Street
New York
|
-$14.6M |
| 4 |
State Street
Boston,
Massachusetts
|
-$13.3M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$11.9M |
TPL Hedge Fund Activity: Q1 2024 in Review
476 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2024, worth a combined $7.96B — up 6.6% from $7.46B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TPL positions and 42 closed out — a net gain of 13 holders — while 168 added to existing stakes and 166 trimmed.
The largest buyer was Scout Investments, opening a new position worth an estimated $12.3M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $123M.
- 476 institutional investors held Texas Pacific Land (TPL) as of Q1 2024, up from 471 in Q4 2023.
- Funds reported $7.96B of Texas Pacific Land stock for Q1 2024, up 6.6% quarter-over-quarter.
- 55 funds opened new Texas Pacific Land positions in Q1 2024 and 42 closed out, a net change of +13 holders.
- The largest Texas Pacific Land buyer in Q1 2024 was Scout Investments, an estimated $12.3M added.
- The largest Texas Pacific Land seller in Q1 2024 was Horizon Kinetics Asset Management, an estimated $123M sold.
Based on aggregated 13F filings for Q1 2024.