Texas Pacific Land
66 hedge funds and large institutions have $487M invested in Texas Pacific Land in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
12.64% more ownership
Funds ownership: 367.75% → 380.39% (+13%)
6% more funds holding
Funds holding: 62 → 66 (+4)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
6% less capital invested
Capital invested by funds: $515M → $487M (-$28.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$6.76M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.82M |
| 3 |
ACM
Argentus Capital Management
Dallas,
Texas
|
+$1.1M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$484K |
| 5 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.98M |
| 2 |
CC
Cambrian Capital
San Francisco,
California
|
-$919K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$891K |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$515K |
| 5 |
HCP
Holt Capital Partners
Fort Worth,
Texas
|
-$412K |
TPL Hedge Fund Activity: Q3 2015 in Review
66 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q3 2015, worth a combined $487M — down 5.5% from $515M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TPL positions and 5 closed out — a net gain of 4 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $6.76M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $1.98M.
- 66 institutional investors held Texas Pacific Land (TPL) as of Q3 2015, up from 62 in Q2 2015.
- Funds reported $487M of Texas Pacific Land stock for Q3 2015, down 5.5% quarter-over-quarter.
- 9 funds opened new Texas Pacific Land positions in Q3 2015 and 5 closed out, a net change of +4 holders.
- The largest Texas Pacific Land buyer in Q3 2015 was Horizon Kinetics, an estimated $6.76M added.
- The largest Texas Pacific Land seller in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $1.98M sold.
Based on aggregated 13F filings for Q3 2015.