We are live on ! Find out more
TPL icon

Texas Pacific Land
TPL

104 hedge funds and large institutions have $889M invested in Texas Pacific Land in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 30 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

14% more funds holding in top 10

Funds holding in top 10: 7 → 8 (+1)

2% more funds holding

Funds holding: 102 → 104 (+2)

6.59% less ownership

Funds ownership: 367.23% → 360.64% (-6.6%)

7% less capital invested

Capital invested by funds: $954M → $889M (-$65.5M)

17% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 30

Holders
104
Holders Change
+2
Holders Change %
+1.96%
% of All Funds
2.59%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.2%
New
12
Increased
25
Reduced
30
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
HK
Horizon Kinetics
New York
+$8.85M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$2.6M
3
Deutsche Bank
Deutsche Bank
Germany
+$2.57M
4
Morgan Stanley
Morgan Stanley
New York
+$2.4M
5
BlackRock
BlackRock
New York
+$1.83M

Top Sellers

1
HCM
Hodges Capital Management
Texas
-$10.9M
2
APCM
Arbiter Partners Capital Management
New York
-$10M
3
UBS Group
UBS Group
Switzerland
-$6.17M
4
KL
KGH Ltd
Bahamas
-$4.3M
5
Capital World Investors
Capital World Investors
California
-$2.17M
Name Holding Trade Value Shares
Change 		Change in
Stake
HK
1
Horizon Kinetics
New York
$486M +$8.85M +263,007 +2%
HCM
2
Hodges Capital Management
Texas
$64.4M -$10.9M -323,244 -13%
UBS Group
3
UBS Group
Switzerland
$59.5M -$6.17M -183,456 -9%
First Manhattan
4
First Manhattan
New York
$44.6M -$242K -7,200 -0.5%
PHAM
5
Pacific Heights Asset Management
California
$35M – – –
APCM
6
Arbiter Partners Capital Management
New York
$23.9M -$10M -298,557 -28%
LKIM
7
Lawson Kroeker Investment Management
Nebraska
$21M -$802K -23,841 -3%
MRI
8
Mad River Investors
Massachusetts
$11.7M +$33.3K +990 +0.3%
Wells Fargo
9
Wells Fargo
California
$11.2M -$550K -16,344 -4%
FDS
10
First Dallas Securities
Texas
$10M -$853K -25,362 -7%
Morgan Stanley
11
Morgan Stanley
New York
$8.03M +$2.4M +71,469 +38%
KL
12
KGH Ltd
Bahamas
$7.01M -$4.3M -127,854 -36%
SIC
13
Schwartz Investment Counsel
Michigan
$6.76M – – –
US Bancorp
14
US Bancorp
Minnesota
$5.86M -$30.3K -900 -0.5%
California Public Employees Retirement System
15
California Public Employees Retirement System
California
$5.54M +$575K +17,100 +11%
TP
16
Truvvo Partners
New York
$5.5M – – –
Vanguard Group
17
Vanguard Group
Pennsylvania
$4.6M +$599K +17,793 +14%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$4.34M +$135K +4,023 +3%
Millennium Management
19
Millennium Management
New York
$4.02M -$1.67M -49,635 -28%
Swiss National Bank
20
Swiss National Bank
Switzerland
$3.7M +$90.8K +2,700 +2%
PGCM
21
Prescott Group Capital Management
Oklahoma
$3.65M – – –
Fidelity Investments
22
Fidelity Investments
Massachusetts
$3.58M +$2.6M +77,400 +205%
BCM
23
Beddow Capital Management
Wyoming
$3.38M +$212K +6,300 +6%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$3.25M -$19.1K -567 -0.5%
SGAM
25
Steinberg Global Asset Management
Florida
$2.82M -$43.9K -1,305 -1%
1
2 3 4 5

TPL Hedge Fund Activity: Q1 2017 in Review

104 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2017, worth a combined $889M — down 6.9% from $954M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new TPL positions and 6 closed out — a net gain of 6 holders — while 25 added to existing stakes and 30 trimmed.

The largest buyer was Horizon Kinetics, adding an estimated $8.85M. The largest seller was Hodges Capital Management, cutting an estimated $10.9M.

  • 104 institutional investors held Texas Pacific Land (TPL) as of Q1 2017, up from 102 in Q4 2016.
  • Funds reported $889M of Texas Pacific Land stock for Q1 2017, down 6.9% quarter-over-quarter.
  • 12 funds opened new Texas Pacific Land positions in Q1 2017 and 6 closed out, a net change of +6 holders.
  • The largest Texas Pacific Land buyer in Q1 2017 was Horizon Kinetics, an estimated $8.85M added.
  • The largest Texas Pacific Land seller in Q1 2017 was Hodges Capital Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q1 2017.