Texas Pacific Land
102 hedge funds and large institutions have $960M invested in Texas Pacific Land in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 29 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
9% more funds holding
Funds holding: 94 → 102 (+8)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.75% less ownership
Funds ownership: 41.56% → 40.8% (-0.75%)
38% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 29
40% less capital inflows, than outflows
Capital inflows: $38.8M | Capital outflows: $65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$11.1M |
| 2 |
Horizon Kinetics
New York
|
+$7.4M |
| 3 |
Millennium Management
New York
|
+$5.35M |
| 4 |
Morgan Stanley
New York
|
+$2.95M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$17.3M |
| 2 |
Hodges Capital Management
Dallas,
Texas
|
-$15.2M |
| 3 |
LKIM
Lawson Kroeker Investment Management
Omaha,
Nebraska
|
-$8.99M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
-$8.23M |
| 5 |
PHAM
Pacific Heights Asset Management
San Francisco,
California
|
-$4.23M |
TPL Hedge Fund Activity: Q4 2016 in Review
102 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q4 2016, worth a combined $960M — up 21% from $796M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TPL positions and 6 closed out — a net gain of 9 holders — while 18 added to existing stakes and 29 trimmed.
The largest buyer was KGH Ltd, opening a new position worth an estimated $11.1M. The largest seller was UBS Group, cutting an estimated $17.3M.
- 102 institutional investors held Texas Pacific Land (TPL) as of Q4 2016, up from 94 in Q3 2016.
- Funds reported $960M of Texas Pacific Land stock for Q4 2016, up 21% quarter-over-quarter.
- 15 funds opened new Texas Pacific Land positions in Q4 2016 and 6 closed out, a net change of +9 holders.
- The largest Texas Pacific Land buyer in Q4 2016 was KGH Ltd, an estimated $11.1M added.
- The largest Texas Pacific Land seller in Q4 2016 was UBS Group, an estimated $17.3M sold.
Based on aggregated 13F filings for Q4 2016.