Texas Pacific Land
TPL
205 hedge funds and large institutions have $1.99B invested in Texas Pacific Land in 2019 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 51 reducing their positions, and 17 closing their positions.
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
20% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 51
5.11% more ownership
Funds ownership: 350.34% → 355.44% (+5.1%)
1% more funds holding
Funds holding: 203 → 205 (+2)
0% more funds holding in top 10
Funds holding in top 10: 17 → 17 (0)
16% less capital invested
Capital invested by funds: $2.38B → $1.99B (-$387M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$13.2M |
| 2 |
Man Group
London,
United Kingdom
|
+$7.78M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$6.3M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$4.97M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$5.67M |
| 2 |
AP
Arlington Partners
Birmingham,
Alabama
|
-$2.51M |
| 3 |
SAM
Serengeti Asset Management
New York
|
-$2.36M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.94M |
| 5 |
LKIM
Lawson Kroeker Investment Management
Omaha,
Nebraska
|
-$1.72M |
TPL Hedge Fund Activity: Q3 2019 in Review
205 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q3 2019, worth a combined $1.99B — down 16% from $2.38B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TPL positions and 17 closed out — a net gain of 4 holders — while 61 added to existing stakes and 51 trimmed.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $13.2M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $5.67M.
- 205 institutional investors held Texas Pacific Land (TPL) as of Q3 2019, up from 203 in Q2 2019.
- Funds reported $1.99B of Texas Pacific Land stock for Q3 2019, down 16% quarter-over-quarter.
- 21 funds opened new Texas Pacific Land positions in Q3 2019 and 17 closed out, a net change of +4 holders.
- The largest Texas Pacific Land buyer in Q3 2019 was Epoch Investment Partners, an estimated $13.2M added.
- The largest Texas Pacific Land seller in Q3 2019 was Horizon Kinetics Asset Management, an estimated $5.67M sold.
Based on aggregated 13F filings for Q3 2019.