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Texas Pacific Land

60 hedge funds and large institutions have $577M invested in Texas Pacific Land in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

21% more capital invested

Capital invested by funds: $478M → $577M (+$98.1M)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

3% more funds holding

Funds holding: 5860 (+2)

8.66% less ownership

Funds ownership: 392.35%383.69% (-8.7%)

29% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 14

Holders
60
Holders Change
+2
Holders Change %
+3.45%
% of All Funds
1.72%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.17%
New
8
Increased
10
Reduced
14
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HK
1
Horizon Kinetics
New York
$245M +$414K +25,119 +0.2%
HCM
2
Hodges Capital Management
Texas
$83.1M -$588K -35,685 -0.8%
U
3
UBS
Switzerland
$55.3M -$4.46M -270,423 -8%
PHAM
4
Pacific Heights Asset Management
California
$40M
Select Equity Group
5
Select Equity Group
New York
$27.8M -$8.44M -512,559 -25%
First Manhattan
6
First Manhattan
New York
$25.7M
LKIM
7
Lawson Kroeker Investment Management
Nebraska
$22.4M -$117K -7,074 -0.6%
APCM
8
Arbiter Partners Capital Management
New York
$18.3M
FDS
9
First Dallas Securities
Texas
$9.92M -$794K -48,186 -8%
US Bancorp
10
US Bancorp
Minnesota
$6.53M
MRI
11
Mad River Investors
Massachusetts
$6.42M +$36.3K +2,205 +0.6%
Wells Fargo
12
Wells Fargo
California
$6.06M +$852K +51,723 +18%
DRZID
13
DePrince Race & Zollo Inc (DRZ)
Florida
$3.45M +$3.19M +193,716 New
CC
14
Cambrian Capital
California
$2.59M
Bank of New York Mellon
15
Bank of New York Mellon
New York
$2.23M +$148 +9 +0%
Two Sigma Investments
16
Two Sigma Investments
New York
$1.97M -$164K -9,972 -8%
JP Morgan Chase
17
JP Morgan Chase
New York
$1.76M +$144K +8,748 +10%
Brown Advisory
18
Brown Advisory
Maryland
$1.55M
TAM
19
Third Avenue Management
New York
$1.4M -$27.9K -1,692 -2%
Morgan Stanley
20
Morgan Stanley
New York
$1.31M +$212K +12,843 +21%
BGA
21
Belmont Global Advisors
Texas
$1.31M +$549K +33,300 +82%
HCP
22
Holt Capital Partners
Texas
$1.26M
Two Sigma Advisers
23
Two Sigma Advisers
New York
$1.13M -$14.8K -900 -1%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$945K
SCP
25
Syntal Capital Partners
Texas
$640K +$593K +36,000 New