Texas Pacific Land
687 hedge funds and large institutions have $17.9B invested in Texas Pacific Land in 2024 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 204 increasing their positions, 225 reducing their positions, and 45 closing their positions.
216% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 45
53% more call options, than puts
Call options by funds: $82.8M | Put options by funds: $54.2M
33% more capital invested
Capital invested by funds: $13.5B → $17.9B (+$4.46B)
15% more funds holding
Funds holding: 596 → 687 (+91)
12.98% more ownership
Funds ownership: 198.59% → 211.57% (+13%)
10% more funds holding in top 10
Funds holding in top 10: 30 → 33 (+3)
9% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 225
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$518M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$319M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$246M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$196M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$149M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$570M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$108M |
| 3 |
Bank of New York Mellon
New York
|
-$52.5M |
| 4 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
-$43M |
| 5 |
CA
Cortland Associates
St Louis,
Missouri
|
-$32.3M |
TPL Hedge Fund Activity: Q4 2024 in Review
687 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q4 2024, worth a combined $17.9B — up 33% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new TPL positions and 45 closed out — a net gain of 97 holders — while 204 added to existing stakes and 225 trimmed.
The largest buyer was State Street, adding an estimated $518M. The largest seller was BlackRock, cutting an estimated $570M.
- 687 institutional investors held Texas Pacific Land (TPL) as of Q4 2024, up from 596 in Q3 2024.
- Funds reported $17.9B of Texas Pacific Land stock for Q4 2024, up 33% quarter-over-quarter.
- 142 funds opened new Texas Pacific Land positions in Q4 2024 and 45 closed out, a net change of +97 holders.
- The largest Texas Pacific Land buyer in Q4 2024 was State Street, an estimated $518M added.
- The largest Texas Pacific Land seller in Q4 2024 was BlackRock, an estimated $570M sold.
Based on aggregated 13F filings for Q4 2024.