Texas Pacific Land
76 hedge funds and large institutions have $450M invested in Texas Pacific Land in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
15% more funds holding
Funds holding: 66 → 76 (+10)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3.55% less ownership
Funds ownership: 380.39% → 376.84% (-3.5%)
8% less capital invested
Capital invested by funds: $487M → $450M (-$36.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$2.03M |
| 2 |
Swiss National Bank
Zurich,
Switzerland
|
+$1.45M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.4M |
| 4 |
LIC
Lodestar Investment Counsel
Chicago,
Illinois
|
+$829K |
| 5 |
State Street
Boston,
Massachusetts
|
+$645K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$8.32M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$5.06M |
| 3 |
LKIM
Lawson Kroeker Investment Management
Omaha,
Nebraska
|
-$1.5M |
| 4 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$1.18M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$638K |
TPL Hedge Fund Activity: Q4 2015 in Review
76 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q4 2015, worth a combined $450M — down 7.5% from $487M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TPL positions and 8 closed out — a net gain of 11 holders — while 18 added to existing stakes and 11 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $2.03M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $8.32M.
- 76 institutional investors held Texas Pacific Land (TPL) as of Q4 2015, up from 66 in Q3 2015.
- Funds reported $450M of Texas Pacific Land stock for Q4 2015, down 7.5% quarter-over-quarter.
- 19 funds opened new Texas Pacific Land positions in Q4 2015 and 8 closed out, a net change of +11 holders.
- The largest Texas Pacific Land buyer in Q4 2015 was Horizon Kinetics, an estimated $2.03M added.
- The largest Texas Pacific Land seller in Q4 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $8.32M sold.
Based on aggregated 13F filings for Q4 2015.