Texas Pacific Land
180 hedge funds and large institutions have $2.36B invested in Texas Pacific Land in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 15 closing their positions.
100% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 15
39% more capital invested
Capital invested by funds: $1.69B → $2.36B (+$664M)
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
7% more funds holding
Funds holding: 168 → 180 (+12)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
8.69% less ownership
Funds ownership: 362.01% → 353.32% (-8.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$13M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.94M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
+$4.79M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$3.55M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$16.9M |
| 2 |
Bank of New York Mellon
New York
|
-$16.5M |
| 3 |
Morgan Stanley
New York
|
-$10M |
| 4 |
FM
Family Management
New York
|
-$6.3M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$4.77M |
TPL Hedge Fund Activity: Q1 2019 in Review
180 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2019, worth a combined $2.36B — up 39% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TPL positions and 15 closed out — a net gain of 15 holders — while 46 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity International, adding an estimated $13M. The largest seller was Hodges Capital Management, cutting an estimated $16.9M.
- 180 institutional investors held Texas Pacific Land (TPL) as of Q1 2019, up from 168 in Q4 2018.
- Funds reported $2.36B of Texas Pacific Land stock for Q1 2019, up 39% quarter-over-quarter.
- 30 funds opened new Texas Pacific Land positions in Q1 2019 and 15 closed out, a net change of +15 holders.
- The largest Texas Pacific Land buyer in Q1 2019 was Fidelity International, an estimated $13M added.
- The largest Texas Pacific Land seller in Q1 2019 was Hodges Capital Management, an estimated $16.9M sold.
Based on aggregated 13F filings for Q1 2019.