Texas Pacific Land
138 hedge funds and large institutions have $1.57B invested in Texas Pacific Land in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 36 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
16% more capital inflows, than outflows
Capital inflows: $38.7M | Capital outflows: $33.3M
5% more funds holding
Funds holding: 131 → 138 (+7)
0.09% more ownership
Funds ownership: 39.68% → 39.77% (+0.09%)
3% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$13.5M |
| 2 |
Horizon Kinetics
New York
|
+$9.8M |
| 3 |
Rathbones Group
Liverpool,
United Kingdom
|
+$1.54M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.54M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truvvo Partners
New York
|
-$8.79M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.85M |
| 3 |
Hodges Capital Management
Dallas,
Texas
|
-$3.99M |
| 4 |
Cannell & Co
New York
|
-$1.56M |
| 5 |
Renaissance Technologies
New York
|
-$1.49M |
TPL Hedge Fund Activity: Q1 2018 in Review
138 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2018, worth a combined $1.57B — up 13% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TPL positions and 9 closed out — a net gain of 7 holders — while 35 added to existing stakes and 36 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $13.5M. The largest seller was Truvvo Partners, exiting entirely with an estimated $8.79M sold.
- 138 institutional investors held Texas Pacific Land (TPL) as of Q1 2018, up from 131 in Q4 2017.
- Funds reported $1.57B of Texas Pacific Land stock for Q1 2018, up 13% quarter-over-quarter.
- 16 funds opened new Texas Pacific Land positions in Q1 2018 and 9 closed out, a net change of +7 holders.
- The largest Texas Pacific Land buyer in Q1 2018 was Bank of New York Mellon, an estimated $13.5M added.
- The largest Texas Pacific Land seller in Q1 2018 was Truvvo Partners, an estimated $8.79M sold.
Based on aggregated 13F filings for Q1 2018.