Texas Pacific Land
131 hedge funds and large institutions have $1.39B invested in Texas Pacific Land in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 36 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
10% more capital invested
Capital invested by funds: $1.26B → $1.39B (+$128M)
10% more funds holding
Funds holding: 119 → 131 (+12)
1.58% more ownership
Funds ownership: 355.55% → 357.13% (+1.6%)
3% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 36
Top Buyers
| 1 |
HK
Horizon Kinetics
New York
|
+$8.33M |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$3.45M |
| 3 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$2.75M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.38M |
| 5 |
BIM
Bridges Investment Management
Omaha,
Nebraska
|
+$1.68M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
126
Winslow Evans & Crocker
Boston,
Massachusetts
| $11.2K | – | – | – |
|
|
TCM
127
Tradewinds Capital Management
Bellingham,
Washington
| $11K | +$4.1K | +90 | +67% |
|
128
Acadian Asset Management
Boston,
Massachusetts
| $10K | – | – | – |
|
|
AG
129
Advisor Group
Phoenix,
Arizona
| $9K | – | – | – |
|
130
BNP Paribas Financial Markets
Paris,
France
| $1.34K | +$1.23K | +27 | New |
|
|
QI
131
QS Investors
New York
| $1K | – | – | – |
|
132
Two Sigma Investments
New York
| – | -$2.03M | -45,225 | Closed |
|
|
CSS
133
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$251K | -5,580 | Closed |
|
|
WCA
134
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$228K | -5,085 | Closed |
|
135
Wellington Management Group
Boston,
Massachusetts
| – | -$208K | -4,635 | Closed |
|
|
BAC
136
Boys Arnold & Co
Asheville,
North Carolina
| – | -$202K | -4,500 | Closed |
|
|
OAM
137
Oppenheimer Asset Management
New York
| – | -$1K | -27 | Closed |
|
TPL Hedge Fund Activity: Q4 2017 in Review
131 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q4 2017, worth a combined $1.39B — up 10% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TPL positions and 6 closed out — a net gain of 12 holders — while 35 added to existing stakes and 36 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $8.33M. The largest seller was UBS Group, cutting an estimated $9.2M.
- 131 institutional investors held Texas Pacific Land (TPL) as of Q4 2017, up from 119 in Q3 2017.
- Funds reported $1.39B of Texas Pacific Land stock for Q4 2017, up 10% quarter-over-quarter.
- 18 funds opened new Texas Pacific Land positions in Q4 2017 and 6 closed out, a net change of +12 holders.
- The largest Texas Pacific Land buyer in Q4 2017 was Horizon Kinetics, an estimated $8.33M added.
- The largest Texas Pacific Land seller in Q4 2017 was UBS Group, an estimated $9.2M sold.
Based on aggregated 13F filings for Q4 2017.