Texas Pacific Land
119 hedge funds and large institutions have $1.26B invested in Texas Pacific Land in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 28 increasing their positions, 35 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
38% more capital invested
Capital invested by funds: $916M → $1.26B (+$345M)
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
10% more funds holding
Funds holding: 108 → 119 (+11)
0.06% more ownership
Funds ownership: 355.49% → 355.55% (+0.06%)
20% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 35
Top Buyers
| 1 |
HK
Horizon Kinetics
New York
|
+$15.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.62M |
| 3 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$4.92M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.61M |
| 5 |
LIM
Lagoda Investment Management
New York
|
+$3.63M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$36K | -1,107 | Closed |
|
127
Creative Planning
Overland Park,
Kansas
| – | -$29K | -900 | Closed |
|
|
AIM
128
Acrospire Investment Management
Chicago,
Illinois
| – | -$11K | -324 | Closed |
|
|
AC
129
Alexandria Capital
Arlington,
Virginia
| – | -$6K | -180 | Closed |
|
TPL Hedge Fund Activity: Q3 2017 in Review
119 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q3 2017, worth a combined $1.26B — up 38% from $916M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TPL positions and 10 closed out — a net gain of 13 holders — while 28 added to existing stakes and 35 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $15.9M. The largest seller was Hodges Capital Management, cutting an estimated $11.9M.
- 119 institutional investors held Texas Pacific Land (TPL) as of Q3 2017, up from 108 in Q2 2017.
- Funds reported $1.26B of Texas Pacific Land stock for Q3 2017, up 38% quarter-over-quarter.
- 23 funds opened new Texas Pacific Land positions in Q3 2017 and 10 closed out, a net change of +13 holders.
- The largest Texas Pacific Land buyer in Q3 2017 was Horizon Kinetics, an estimated $15.9M added.
- The largest Texas Pacific Land seller in Q3 2017 was Hodges Capital Management, an estimated $11.9M sold.
Based on aggregated 13F filings for Q3 2017.