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Texas Pacific Land

388 hedge funds and large institutions have $5.45B invested in Texas Pacific Land in 2021 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 116 increasing their positions, 105 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 35

14% more funds holding in top 10

Funds holding in top 10: 2225 (+3)

10% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 105

8% more funds holding

Funds holding: 359388 (+29)

2% more capital invested

Capital invested by funds: $5.32B → $5.45B (+$129M)

1.58% less ownership

Funds ownership: 508.47%506.89% (-1.6%)

Holders
388
Holders Change
+29
Holders Change %
+8.08%
% of All Funds
5.97%
Holding in Top 10
25
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+13.64%
% of All Funds
0.38%
New
69
Increased
116
Reduced
105
Closed
35
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HKAM
1
Horizon Kinetics Asset Management
New York
$1.9B -$27.2M -194,832 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$726M -$6.57M -47,115 -0.9%
BlackRock
3
BlackRock
New York
$341M +$1.95M +13,968 +0.6%
First Manhattan
4
First Manhattan
New York
$187M
State Street
5
State Street
Massachusetts
$164M -$24M -172,161 -13%
SA
6
SoftVest Advisors
Texas
$163M
Geode Capital Management
7
Geode Capital Management
Massachusetts
$94.5M +$7.26M +52,065 +8%
SIC
8
Schwartz Investment Counsel
Michigan
$92.6M
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$81.7M -$23.2M -166,050 -22%
PHAM
10
Pacific Heights Asset Management
California
$81.2M +$6.28M +45,000 +8%
Northern Trust
11
Northern Trust
Illinois
$75.3M +$8.35M +59,904 +12%
MRI
12
Mad River Investors
Massachusetts
$63.9M -$2.81M -20,160 -4%
HCM
13
Hodges Capital Management
Texas
$57.8M -$3.41M -24,480 -6%
Morgan Stanley
14
Morgan Stanley
New York
$53.6M +$7.33M +52,578 +16%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$45.4M +$10M +71,964 +28%
Charles Schwab
16
Charles Schwab
California
$41.5M +$984K +7,056 +2%
EFS
17
Essex Financial Services
Connecticut
$41.3M +$383K +2,745 +0.9%
Wells Fargo
18
Wells Fargo
California
$37.2M +$2.29M +16,434 +7%
MC
19
Moors & Cabot
Massachusetts
$34.2M -$581K -4,167 -2%
UBS Group
20
UBS Group
Switzerland
$34.1M -$2.51M -17,982 -7%
ACA
21
Anchor Capital Advisors
Massachusetts
$32.8M -$408K -2,925 -1%
LIM
22
Lagoda Investment Management
New York
$30.6M -$193K -1,386 -0.6%
LKIM
23
Lawson Kroeker Investment Management
Nebraska
$30.3M -$13.8K -99 -0%
Bank of America
24
Bank of America
North Carolina
$25.9M +$1.2M +8,604 +5%
CA
25
Cortland Associates
Missouri
$23.1M +$710K +5,094 +3%

TPL Hedge Fund Activity: Q4 2021 in Review

388 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q4 2021, worth a combined $5.45B — up 2.4% from $5.32B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new TPL positions and 35 closed out — a net gain of 34 holders — while 116 added to existing stakes and 105 trimmed.

The largest buyer was Wedgewood Partners, opening a new position worth an estimated $12.3M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $27.2M.

  • 388 institutional investors held Texas Pacific Land (TPL) as of Q4 2021, up from 359 in Q3 2021.
  • Funds reported $5.45B of Texas Pacific Land stock for Q4 2021, up 2.4% quarter-over-quarter.
  • 69 funds opened new Texas Pacific Land positions in Q4 2021 and 35 closed out, a net change of +34 holders.
  • The largest Texas Pacific Land buyer in Q4 2021 was Wedgewood Partners, an estimated $12.3M added.
  • The largest Texas Pacific Land seller in Q4 2021 was Horizon Kinetics Asset Management, an estimated $27.2M sold.

Based on aggregated 13F filings for Q4 2021.