Texas Pacific Land
235 hedge funds and large institutions have $2.18B invested in Texas Pacific Land in 2020 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 57 increasing their positions, 61 reducing their positions, and 19 closing their positions.
226% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 19
68% more capital invested
Capital invested by funds: $1.3B → $2.18B (+$880M)
29.24% more ownership
Funds ownership: 395.21% → 424.45% (+29%)
21% more funds holding
Funds holding: 194 → 235 (+41)
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
7% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 61
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$107M |
| 2 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$13.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.5M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$13.4M |
| 5 |
HF
HRT Financial
New York
|
+$12.1M |
Top Sellers
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$21.1M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$11.9M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$8.08M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$8.08M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$5.34M |
TPL Hedge Fund Activity: Q2 2020 in Review
235 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q2 2020, worth a combined $2.18B — up 68% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new TPL positions and 19 closed out — a net gain of 43 holders — while 57 added to existing stakes and 61 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $107M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $21.1M.
- 235 institutional investors held Texas Pacific Land (TPL) as of Q2 2020, up from 194 in Q1 2020.
- Funds reported $2.18B of Texas Pacific Land stock for Q2 2020, up 68% quarter-over-quarter.
- 62 funds opened new Texas Pacific Land positions in Q2 2020 and 19 closed out, a net change of +43 holders.
- The largest Texas Pacific Land buyer in Q2 2020 was Morgan Stanley, an estimated $107M added.
- The largest Texas Pacific Land seller in Q2 2020 was Horizon Kinetics Asset Management, an estimated $21.1M sold.
Based on aggregated 13F filings for Q2 2020.