Texas Pacific Land
866 hedge funds and large institutions have $23.9B invested in Texas Pacific Land in 2026 Q1 according to their latest regulatory filings, with 191 funds opening new positions, 284 increasing their positions, 258 reducing their positions, and 49 closing their positions.
290% more first-time investments, than exits
New positions opened: 191 | Existing positions closed: 49
67% more capital invested
Capital invested by funds: $14.3B → $23.9B (+$9.57B)
58% more call options, than puts
Call options by funds: $530M | Put options by funds: $335M
25% more funds holding in top 10
Funds holding in top 10: 24 → 30 (+6)
18% more funds holding
Funds holding: 736 → 866 (+130)
10% more repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 258
0.98% more ownership
Funds ownership: 72.16% → 73.15% (+0.98%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$114M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$109M |
| 3 |
Morgan Stanley
New York
|
+$102M |
| 4 |
State Street
Boston,
Massachusetts
|
+$85.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$66.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$137M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$100M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$60.8M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$54M |
| 5 |
SA
SoftVest Advisors
Abilene,
Texas
|
-$51M |
TPL Hedge Fund Activity: Q1 2026 in Review
866 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Texas Pacific Land (TPL) for Q1 2026, worth a combined $23.9B — up 67% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 191 funds opened new TPL positions and 49 closed out — a net gain of 142 holders — while 284 added to existing stakes and 258 trimmed.
The largest buyer was Tidal Investments, opening a new position worth an estimated $114M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $137M.
- 866 institutional investors held Texas Pacific Land (TPL) as of Q1 2026, up from 736 in Q4 2025.
- Funds reported $23.9B of Texas Pacific Land stock for Q1 2026, up 67% quarter-over-quarter.
- 191 funds opened new Texas Pacific Land positions in Q1 2026 and 49 closed out, a net change of +142 holders.
- The largest Texas Pacific Land buyer in Q1 2026 was Tidal Investments, an estimated $114M added.
- The largest Texas Pacific Land seller in Q1 2026 was Horizon Kinetics Asset Management, an estimated $137M sold.
Based on aggregated 13F filings for Q1 2026.