We are live on ! Find out more
TPL icon

Texas Pacific Land
TPL

84 hedge funds and large institutions have $571M invested in Texas Pacific Land in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

15% more capital invested

Capital invested by funds: $495M → $571M (+$75.2M)

6% more funds holding

Funds holding: 79 → 84 (+5)

0% more funds holding in top 10

Funds holding in top 10: 7 → 7 (0)

5% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 21

2.32% less ownership

Funds ownership: 377.39% → 375.07% (-2.3%)

Holders
84
Holders Change
+5
Holders Change %
+6.33%
% of All Funds
2.24%
Holding in Top 10
7
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.19%
New
9
Increased
20
Reduced
21
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
TP
Truvvo Partners
New York
+$3.14M
2
HK
Horizon Kinetics
New York
+$1.44M
3
SIC
Schwartz Investment Counsel
Michigan
+$1.36M
4
GCP
GSA Capital Partners
United Kingdom
+$703K
5
PC
Pecaut & Co
Iowa
+$471K

Top Sellers

1
HCM
Hodges Capital Management
Texas
-$5.63M
2
UBS Group
UBS Group
Switzerland
-$2.2M
3
LKIM
Lawson Kroeker Investment Management
Nebraska
-$1.37M
4
TA
Teachers Advisors
New York
-$535K
5
FDS
First Dallas Securities
Texas
-$525K
Name Holding Trade Value Shares
Change 		Change in
Stake
HK
1
Horizon Kinetics
New York
$279M +$1.44M +81,387 +0.5%
HCM
2
Hodges Capital Management
Texas
$72.8M -$5.63M -317,439 -8%
UBS Group
3
UBS Group
Switzerland
$50.8M -$2.2M -123,930 -4%
First Manhattan
4
First Manhattan
New York
$27.1M -$71.8K -4,050 -0.3%
PHAM
5
Pacific Heights Asset Management
California
$25.3M – – –
APCM
6
Arbiter Partners Capital Management
New York
$19.3M – – –
LKIM
7
Lawson Kroeker Investment Management
Nebraska
$18.7M -$1.37M -77,049 -7%
FDS
8
First Dallas Securities
Texas
$7.72M -$525K -29,610 -7%
MRI
9
Mad River Investors
Massachusetts
$7.06M -$14.7K -828 -0.2%
Wells Fargo
10
Wells Fargo
California
$7M -$398K -22,446 -6%
US Bancorp
11
US Bancorp
Minnesota
$5.64M -$160K -9,000 -3%
TP
12
Truvvo Partners
New York
$3.32M +$3.14M +177,120 New
California Public Employees Retirement System
13
California Public Employees Retirement System
California
$3.29M +$128K +7,200 +4%
TA
14
Teachers Advisors
New York
$2.69M -$535K -30,159 -17%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$2.62M +$97K +5,472 +4%
Swiss National Bank
16
Swiss National Bank
Switzerland
$2.28M – – –
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$2M -$23.9K -1,350 -1%
CC
18
Cambrian Capital
California
$1.96M – – –
Morgan Stanley
19
Morgan Stanley
New York
$1.88M +$19.5K +1,098 +1%
SGAM
20
Steinberg Global Asset Management
Florida
$1.8M +$147K +8,280 +9%
JP Morgan Chase
21
JP Morgan Chase
New York
$1.69M -$46.6K -2,628 -3%
Vanguard Group
22
Vanguard Group
Pennsylvania
$1.63M -$88.1K -4,968 -5%
BCM
23
Beddow Capital Management
Wyoming
$1.47M +$61.4K +3,465 +5%
SIC
24
Schwartz Investment Counsel
Michigan
$1.43M +$1.36M +76,500 New
State Street
25
State Street
Massachusetts
$1.18M +$16K +900 +1%
1
2 3 4

TPL Hedge Fund Activity: Q2 2016 in Review

84 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q2 2016, worth a combined $571M — up 15% from $495M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new TPL positions and 4 closed out — a net gain of 5 holders — while 20 added to existing stakes and 21 trimmed.

The largest buyer was Truvvo Partners, opening a new position worth an estimated $3.14M. The largest seller was Hodges Capital Management, cutting an estimated $5.63M.

  • 84 institutional investors held Texas Pacific Land (TPL) as of Q2 2016, up from 79 in Q1 2016.
  • Funds reported $571M of Texas Pacific Land stock for Q2 2016, up 15% quarter-over-quarter.
  • 9 funds opened new Texas Pacific Land positions in Q2 2016 and 4 closed out, a net change of +5 holders.
  • The largest Texas Pacific Land buyer in Q2 2016 was Truvvo Partners, an estimated $3.14M added.
  • The largest Texas Pacific Land seller in Q2 2016 was Hodges Capital Management, an estimated $5.63M sold.

Based on aggregated 13F filings for Q2 2016.