Texas Pacific Land
717 hedge funds and large institutions have $15.3B invested in Texas Pacific Land in 2025 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 237 increasing their positions, 249 reducing their positions, and 89 closing their positions.
64% more call options, than puts
Call options by funds: $132M | Put options by funds: $80.7M
1% more capital inflows, than outflows
Capital inflows: $677M | Capital outflows: $667M
0% more funds holding in top 10
Funds holding in top 10: 25 → 25 (0)
0.03% less ownership
Funds ownership: 71.38% → 71.35% (-0.03%)
5% less repeat investments, than reductions
Existing positions increased: 237 | Existing positions reduced: 249
3% less funds holding
Funds holding: 736 → 717 (-19)
13% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$179M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$33.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$29.7M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$29.3M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$68.8M |
| 2 |
Morgan Stanley
New York
|
-$42.1M |
| 3 |
BlackRock
New York
|
-$40.3M |
| 4 |
Neuberger Berman Group
New York
|
-$33.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$32.9M |
TPL Hedge Fund Activity: Q3 2025 in Review
717 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q3 2025, worth a combined $15.3B — down 12% from $17.3B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of TPL and 77 opened new positions — a net loss of 12 holders — while 249 trimmed existing stakes and 237 added.
The largest buyer was Vanguard Group, adding an estimated $179M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $68.8M.
- 717 institutional investors held Texas Pacific Land (TPL) as of Q3 2025, down from 736 in Q2 2025.
- Funds reported $15.3B of Texas Pacific Land stock for Q3 2025, down 12% quarter-over-quarter.
- 77 funds opened new Texas Pacific Land positions in Q3 2025 and 89 closed out, a net change of -12 holders.
- The largest Texas Pacific Land buyer in Q3 2025 was Vanguard Group, an estimated $179M added.
- The largest Texas Pacific Land seller in Q3 2025 was Horizon Kinetics Asset Management, an estimated $68.8M sold.
Based on aggregated 13F filings for Q3 2025.