Texas Pacific Land
TPL
595 hedge funds and large institutions have $13.5B invested in Texas Pacific Land in 2024 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 186 increasing their positions, 201 reducing their positions, and 48 closing their positions.
307% more call options, than puts
Call options by funds: $5.04M | Put options by funds: $1.24M
60% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 48
22% more capital invested
Capital invested by funds: $11B → $13.5B (+$2.47B)
15% more funds holding in top 10
Funds holding in top 10: 26 → 30 (+4)
4% more funds holding
Funds holding: 570 → 595 (+25)
3.8% more ownership
Funds ownership: 195.44% → 199.24% (+3.8%)
7% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 201
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$71M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$67.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$50.4M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$42.3M |
| 5 |
BlackRock
New York
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$34.7M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$16.6M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$15M |
| 4 |
Goldman Sachs
New York
|
-$13.8M |
| 5 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
-$12.6M |
TPL Hedge Fund Activity: Q3 2024 in Review
595 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q3 2024, worth a combined $13.5B — up 22% from $11B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new TPL positions and 48 closed out — a net gain of 29 holders — while 186 added to existing stakes and 201 trimmed.
The largest buyer was Vanguard Group, adding an estimated $71M. The largest seller was JP Morgan Chase, cutting an estimated $34.7M.
- 595 institutional investors held Texas Pacific Land (TPL) as of Q3 2024, up from 570 in Q2 2024.
- Funds reported $13.5B of Texas Pacific Land stock for Q3 2024, up 22% quarter-over-quarter.
- 77 funds opened new Texas Pacific Land positions in Q3 2024 and 48 closed out, a net change of +29 holders.
- The largest Texas Pacific Land buyer in Q3 2024 was Vanguard Group, an estimated $71M added.
- The largest Texas Pacific Land seller in Q3 2024 was JP Morgan Chase, an estimated $34.7M sold.
Based on aggregated 13F filings for Q3 2024.