Texas Pacific Land
236 hedge funds and large institutions have $2.61B invested in Texas Pacific Land in 2020 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 60 increasing their positions, 57 reducing their positions, and 40 closing their positions.
46% more funds holding in top 10
Funds holding in top 10: 13 → 19 (+6)
43% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 40
8% more funds holding
Funds holding: 219 → 236 (+17)
5% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 57
0.59% less ownership
Funds ownership: 46.99% → 46.4% (-0.59%)
13% less capital inflows, than outflows
Capital inflows: $98.3M | Capital outflows: $113M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.86M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$8.09M |
| 3 |
Millennium Management
New York
|
+$5.74M |
| 4 |
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$4.96M |
| 5 |
Lagoda Investment Management
New York
|
+$4.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Horizon Kinetics Asset Management
New York
|
-$21.4M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$10.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.7M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
-$5.56M |
| 5 |
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$5.41M |
TPL Hedge Fund Activity: Q4 2020 in Review
236 of the 5,678 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q4 2020, worth a combined $2.61B — up 59% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new TPL positions and 40 closed out — a net gain of 17 holders — while 60 added to existing stakes and 57 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $8.86M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $21.4M.
- 236 institutional investors held Texas Pacific Land (TPL) as of Q4 2020, up from 219 in Q3 2020.
- Funds reported $2.61B of Texas Pacific Land stock for Q4 2020, up 59% quarter-over-quarter.
- 57 funds opened new Texas Pacific Land positions in Q4 2020 and 40 closed out, a net change of +17 holders.
- The largest Texas Pacific Land buyer in Q4 2020 was T. Rowe Price Associates, an estimated $8.86M added.
- The largest Texas Pacific Land seller in Q4 2020 was Horizon Kinetics Asset Management, an estimated $21.4M sold.
Based on aggregated 13F filings for Q4 2020.