Texas Pacific Land
736 hedge funds and large institutions have $17.3B invested in Texas Pacific Land in 2025 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 253 increasing their positions, 252 reducing their positions, and 90 closing their positions.
138% more call options, than puts
Call options by funds: $179M | Put options by funds: $74.9M
27% more capital inflows, than outflows
Capital inflows: $987M | Capital outflows: $779M
0.74% more ownership
Funds ownership: 70.65% → 71.38% (+0.74%)
0% more repeat investments, than reductions
Existing positions increased: 253 | Existing positions reduced: 252
2% less funds holding
Funds holding: 753 → 736 (-17)
11% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 90
22% less funds holding in top 10
Funds holding in top 10: 32 → 25 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$108M |
| 2 |
Epoch Investment Partners
New York
|
+$107M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$50.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$46.5M |
| 5 |
Renaissance Technologies
New York
|
+$41.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$91.7M |
| 2 |
Adams Natural Resources Fund
Baltimore,
Maryland
|
-$89.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$64.5M |
| 4 |
State Street
Boston,
Massachusetts
|
-$39.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$32.3M |
TPL Hedge Fund Activity: Q2 2025 in Review
736 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q2 2025, worth a combined $17.3B — down 19% from $21.4B a quarter earlier.
Sellers outnumbered buyers: 90 funds closed out of TPL and 80 opened new positions — a net loss of 10 holders — while 252 trimmed existing stakes and 253 added.
The largest buyer was TD Asset Management, adding an estimated $108M. The largest seller was Vanguard Group, cutting an estimated $91.7M.
- 736 institutional investors held Texas Pacific Land (TPL) as of Q2 2025, down from 753 in Q1 2025.
- Funds reported $17.3B of Texas Pacific Land stock for Q2 2025, down 19% quarter-over-quarter.
- 80 funds opened new Texas Pacific Land positions in Q2 2025 and 90 closed out, a net change of -10 holders.
- The largest Texas Pacific Land buyer in Q2 2025 was TD Asset Management, an estimated $108M added.
- The largest Texas Pacific Land seller in Q2 2025 was Vanguard Group, an estimated $91.7M sold.
Based on aggregated 13F filings for Q2 2025.