Vault-13

TXO PARTNERS LP TXO

COM UNIT · Ltd Part · CUSIP 87313P103

52 institutional holders -7 vs Q1 2026
12,798,02412.8m shares reported held*
$160.0mreported value*
5 new 17 added 17 reduced 12 sold out net sold ≈ $31.6m (-2.5m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.50. Options: 5 managers hold calls ($3.7m notional), 4 hold puts ($2.9m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q1 23: 23Q2 23: 26Q3 23: 30Q4 23: 36Q1 24: 40Q2 24: 44Q3 24: 46Q4 24: 55Q1 25: 53Q2 25: 64Q3 25: 53Q4 25: 58Q1 26: 59Q2 26: 5252Q1 23Q4 23Q3 24Q2 25Q2 26
Numbers
QuarterHolders
Q1 202323
Q2 202326
Q3 202330
Q4 202336
Q1 202440
Q2 202444
Q3 202446
Q4 202455
Q1 202553
Q2 202564
Q3 202553
Q4 202558
Q1 202659
Q2 202652

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 24: 25 bought or addedQ3 24: 16 cut or sold outQ4 24: 28 bought or addedQ4 24: 16 cut or sold outQ4 24Q1 25: 22 bought or addedQ1 25: 25 cut or sold outQ2 25: 44 bought or addedQ2 25: 20 cut or sold outQ2 25Q3 25: 32 bought or addedQ3 25: 30 cut or sold outQ4 25: 30 bought or addedQ4 25: 22 cut or sold outQ4 25Q1 26: 32 bought or addedQ1 26: 20 cut or sold outQ2 26: 22 bought or addedQ2 26: 29 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242516
Q4 20242816
Q1 20252225
Q2 20254420
Q3 20253230
Q4 20253022
Q1 20263220
Q2 20262229

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6mQ3 25 calls: $2.7mQ3 25 puts: $904.8kQ3 25P/C 0.33Q4 25 calls: $2.0mQ4 25 puts: $448.1kQ4 25P/C 0.22Q1 26 calls: $4.1mQ1 26 puts: $1.4mQ1 26P/C 0.34Q2 26 calls: $3.7mQ2 26 puts: $2.9mQ2 26P/C 0.80
Numbers
QuarterCallsPutsP/C
Q3 2025$2.7m$904.8k0.33
Q4 2025$2.0m$448.1k0.22
Q1 2026$4.1m$1.4m0.34
Q2 2026$3.7m$2.9m0.80

Biggest buyers

Energy Income Partners, LLC Added +187,494+187.5k
DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC Added +40,500+40.5k
HENNESSY ADVISORS INC New +39,000+39.0k
STIFEL FINANCIAL CORP Added +34,644+34.6k
ING GROEP NV Added +28,000+28.0k
Bramshill Investments, LLC Added +27,773+27.8k
RAYMOND JAMES FINANCIAL INC Added +26,555+26.6k
Mariner, LLC New +23,376+23.4k
Boston Partners New +21,122+21.1k
Cambridge Investment Research Advisors, Inc. Added +12,773+12.8k

Biggest sellers

CIBC Bancorp USA Inc. Reduced -574,006-574.0k
JPMORGAN CHASE & CO Sold out -481,656-481.7k
BANK OF AMERICA CORP /DE/ Reduced -335,459-335.5k
Global Endowment Management, LP Sold out -333,822-333.8k
SANDERS MORRIS HARRIS LLC Sold out -279,134-279.1k
GOLDMAN SACHS GROUP INC Reduced -207,814-207.8k
MORGAN STANLEY Reduced -166,832-166.8k
HRT FINANCIAL LP Reduced -101,470-101.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -83,938-83.9k
JANE STREET GROUP, LLC Reduced -83,752-83.8k

Biggest calls

CITADEL ADVISORS LLC Added $1.8m141.7k shares
JANE STREET GROUP, LLC Reduced $641.2k51.3k shares
GROUP ONE TRADING LLC Reduced $508.8k40.7k shares
IMC-Chicago, LLC Added $421.2k33.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $323.8k25.9k shares

Biggest puts

CITADEL ADVISORS LLC New $1.5m123.6k shares
IMC-Chicago, LLC Added $785.0k62.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $305.0k24.4k shares
JANE STREET GROUP, LLC Reduced $297.5k23.8k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
SIMPSON BOB R 13D · may seek influence +1.9 pts · filed 2026-06-04 16.2% +1.9 pts 9.0m≈ $112.5m 2026-06-04
HUTTON KEITH A 13D · may seek influence filed 2025-05-19
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: Lock-Up Agreement In connection with the Underwriting Agreement dated as of May 13, 2025, by and among the Issuer, TXO Partners GP, LLC, a Delaware limited liability company, and Raymond James & Associates, Inc. and Stifel Nicolaus & Company, as representatives of the several underwriters (the "Underwriting Agreement"), the Reporting Person agreed that he will not (i) offer, sell, contract to sell, pledge, grant any option to purchase or otherwise dispose of (collectively, a "Disposition") any Issuer securities, or any securities convertible into or exercisable or exchangeable for, or any rights to purchase or otherwise acquire, any Issuer securities held by him or acquired by him after May 13… Full filing
9.1% 4.8m≈ $60.3m 2025-05-19
KING LUTHER CAPITAL MANAGEMENT CORP 13G · exempt (held before listing) -0.1 pts · filed 2025-04-28 8.0% -0.1 pts 3.3m≈ $41.3m 2025-04-28
LKCM Investment Partnership, L.P. 13D · may seek influence new · filed 2025-05-19
Stated purposeIn connection with the Underwriting Agreement dated as of May 13, 2025, by and among the Issuer, the General Partner, and Raymond James & Associates, Inc. and Stifel Nicolaus & Company, each of LIP, PDLP and JLK has agreed that it will not (i) offer, sell, contract to sell, pledge, grant any option to purchase or otherwise dispose of (collectively, a "Disposition") any Issuer securities, or any securities convertible into or excercisable or exchangeable for, or any rights to purchase or otherwise acquire, any Issuer securities held by it after May 13, 2025, or that may be deemed to be beneficially owned by it (collectively, the "Lock-Up Securities"), pursuant to the Securities Act of 1933, as amended (the "Securities Act"), and the Securities Exchange Act of 1934, as amended, for a period … Full filing
7.2% new 3.8m≈ $47.5m 2025-05-19

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
10010Q4 24: 3 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 2 sellingQ1 25Q2 25: 6 buyingQ2 25: 2 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 1 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 3 sellingQ1 26Q2 26: 2 buyingQ2 26: 2 sellingQ3 26: 1 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20243$2.2m0——
Q1 20250—2$250.5k$250.5k
Q2 20256$52.2m2$601.3k$601.3k
Q3 20250—0——
Q4 20251$23.8k0——
Q1 20260—3$463.3k$463.3k
Q2 20262$31.1m2$337.2k$337.2k
Q3 20261$5.6m0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-13 SIMPSON BOB R Director Bought 125,000 $14.32 $1.8m125.0k shares +1%
2026-08-12 SIMPSON BOB R Director Bought 25,000 $14.43 $360.8k25.0k shares +<1%
2026-08-11 SIMPSON BOB R Director Bought 100,000 $14.27 $1.4m100.0k shares +1%
2026-08-10 SIMPSON BOB R Director Bought 50,000 $14.17 $708.5k50.0k shares +0%
2026-08-07 SIMPSON BOB R Director Bought 100,000 $13.52 $1.4m100.0k shares +1%
2026-06-23 SIMPSON BOB R Director Bought 63,282 $12.64 $799.9k63.3k shares +1%
2026-06-22 SIMPSON BOB R Director Bought 36,718 $12.55 $460.8k36.7k shares +<1%
2026-06-03 SIMPSON BOB R Director Bought 369,153 $13.91 $5.1m369.2k shares +4%
2026-06-02 SIMPSON BOB R Director Bought 230,847 $13.41 $3.1m230.8k shares +3%
2026-05-27 SIMPSON BOB R Director Bought 65,592 $13.20 $865.8k65.6k shares +1%
2026-05-26 SIMPSON BOB R Director Bought 34,408 $13.27 $456.6k34.4k shares +<1%
2026-05-22 SIMPSON BOB R Director Bought 104,451 $13.77 $1.4m104.5k shares +1%
2026-05-21 SIMPSON BOB R Director Bought 245,549 $13.70 $3.4m245.5k shares +3%
2026-05-20 SIMPSON BOB R Director Bought 90,152 $13.35 $1.2m90.2k shares +1%
2026-05-18 SIMPSON BOB R Director Bought 58,251 $13.17 $767.2k58.3k shares +1%
2026-05-15 SIMPSON BOB R Director Bought 151,597 $12.95 $2.0m151.6k shares +2%
2026-05-14 SIMPSON BOB R Director Bought 64,475 $13.02 $839.5k64.5k shares +1%
2026-05-13 SIMPSON BOB R Director Bought 85,525 $12.98 $1.1m85.5k shares +1%
2026-05-11 SIMPSON BOB R Director Bought 500,000 $12.67 $6.3m500.0k shares +7%
2026-05-08 SIMPSON BOB R Director Bought 162,365 $12.50 $2.0m162.4k shares +2%
2026-05-08 ADAMS WILLIAM H III Director Bought 10,000 $12.41 $124.1k10.0k shares +8%
2026-05-07 SIMPSON BOB R Director Bought 87,635 $12.43 $1.1m87.6k shares +1%
2026-04-01 Simpson Gary D. Co-Chief Executive Officer, director Sold plan 27,234 $12.38 $337.2k27.2k shares -4%
2026-04-01 Clum Brent W. Co-CEO and CFO, director Sold plan 27,234 $12.38 $337.2k27.2k shares -3%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 KING LUTHER CAPITAL MANAGEMENT CORP 0.16% of their portfolio FORT WORTH, TX 3,071,7963.1m $38.4m $38.4m 0.16% Unchanged
2 Energy Income Partners, LLC 0.32% of their portfolio Westport, CT 1,636,5221.6m $20.5m $20.5m 0.32% Added +187.5k +187,494
3 CIBC Bancorp USA Inc. 0.02% of their portfolio CHICAGO, IL 1,476,6631.5m $18.5m $18.5m 0.02% Reduced -574.0k -574,006
4 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 1,442,4801.4m $18.0m $18.0m 0.01% Reduced -43.8k -43,845
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 873,595873.6k $10.9m $10.9m 0.00% Reduced -166.8k -166,832
6 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 536,246536.2k $6.7m $6.7m 0.00% Reduced -207.8k -207,814
7 ING GROEP NV 0.03% of their portfolio AMSTERDAM, P7 532,000532.0k $6.7m $6.7m 0.03% Added +28.0k +28,000
8 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.30% of their portfolio DALLAS, TX 531,000531.0k $6.6m $6.6m 0.30% Reduced -50.0k -50,000
9 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 497,275497.3k $6.2m $6.2m 0.00% Reduced -20.3k -20,322
10 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 369,957370.0k $4.6m $4.6m 0.00% Added +34.6k +34,644
11 PIN OAK INVESTMENT ADVISORS INC 3.18% of their portfolio HOUSTON, TX 357,507357.5k $4.5m $4.5m 3.18% Reduced -3.0k -3,026
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 356,688356.7k $4.5m $4.5m 0.00% Added +26.6k +26,555
13 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 342,134342.1k $4.3m $4.3m 0.00% Added +2.5k +2,469
14 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.13% of their portfolio BLOOMFIELD HILLS, MI 247,000247.0k $3.1m $3.1m 0.13% Added +40.5k +40,500
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 159,043159.0k $2.0m $2.0m 0.00% Reduced -1.4k -1,400
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 89,94689.9k $1.1m $1.1m 0.00% Reduced -67.4k -67,405
17 GSA CAPITAL PARTNERS LLP 0.07% of their portfolio LONDON, X0 89,18089.2k $1.1m $1.1m 0.07% Reduced -1.4k -1,443
18 Bramshill Investments, LLC 0.08% of their portfolio NAPLES, FL 88,12388.1k $1.1m $1.1m 0.08% Added +27.8k +27,773
19 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 83,24783.2k $1.0m $1.0m 0.00% Reduced -21.2k -21,200
20 LuminArx Capital Management LP 0.47% of their portfolio NEW YORK, NY 81,73381.7k $1.0m $1.0m 0.47% Unchanged
21 MARATHON CAPITAL MANAGEMENT 0.13% of their portfolio Hunt Valley, MD 50,00050.0k $625.0k $625.0k 0.13% Unchanged
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 39,32139.3k $491.5k $491.5k 0.00% Reduced -335.5k -335,459
23 HENNESSY ADVISORS INC 0.02% of their portfolio NOVATO, CA 39,00039.0k $487.5k $487.5k 0.02% New
24 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 36,02336.0k $450.0k $450.0k 0.00% Reduced -101.5k -101,470
25 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 26,14626.1k $326.0k $326.0k 0.00% Added +12.8k +12,773
26 CHILDRESS CAPITAL ADVISORS, LLC 0.05% of their portfolio HOUSTON, TX 25,12425.1k $314.1k $314.1k 0.05% Unchanged
27 Waterway Wealth Management, LLC 0.06% of their portfolio THE WOODLANDS, TX 23,90023.9k $298.8k $298.8k 0.06% Added +3.9k +3,900
28 Mariner, LLC 0.00% of their portfolio Overland Park, KS 23,37623.4k $292.2k $292.2k 0.00% New
29 Cannell & Spears LLC 0.01% of their portfolio NEW YORK, NY 23,00023.0k $287.5k $287.5k 0.01% Added +10.0k +10,000
30 Boston Partners 0.00% of their portfolio BOSTON, MA 21,12221.1k $264.0k $264.0k 0.00% New
31 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 20,52620.5k $256.6k $256.6k 0.00% Reduced -83.8k -83,752
32 CWA Asset Management Group, LLC 0.01% of their portfolio NAPLES, FL 17,04317.0k $213.0k $213.0k 0.01% Added +692 +692
33 Arrow Investment Advisors, LLC 0.21% of their portfolio LAUREL, MD 16,96117.0k $212.0k $212.0k 0.21% Reduced -241 -241
34 Financial Symmetry Inc 0.05% of their portfolio RALEIGH, NC 12,56812.6k $157.1k $157.1k 0.05% Unchanged
35 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 12,40812.4k $155.1k $155.1k 0.00% Added +251 +251
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,17012.2k $152.1k $152.1k 0.00% Reduced -83.9k -83,938
37 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,17011.2k $139.6k $139.6k 0.00% Added +8 +8
38 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.03% of their portfolio INDIANAPOLIS, IN 5,9546.0k $74.4k $74.4k 0.03% Unchanged
39 VIRTUS ADVISERS, LLC 0.02% of their portfolio HARTFORD, CT 5,1845.2k $64.8k $64.8k 0.02% Reduced -216 -216
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,3092.3k $29.0k $29.0k 0.00% Added +1.3k +1,309
41 Allied Private Wealth LLC 0.02% of their portfolio BOCA RATON, FL 2,3002.3k $30.2k $30.2k 0.02% First filing
42 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,1822.2k $27.3k $27.3k 0.00% Added +1.1k +1,056
43 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,6001.6k $20.0k $20.0k 0.00% Unchanged
44 Osbon Capital Management LLC 0.01% of their portfolio BOSTON, MA 1,1771.2k $14.7k $14.7k 0.01% New
45 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 954954 $11.9k $11.9k 0.00% Added +24 +24
46 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 500500 $6.2k $6.2k 0.00% Unchanged
47 CX Institutional 0.00% of their portfolio AUBURN, IN 367367 $5.0k $5.0k 0.00% Added +9 +9
48 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 300300 $3.8k $3.8k 0.00% Unchanged
49 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 200200 $2.5k $2.5k 0.00% Unchanged
50 Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio ORLAND PARK, IL 200200 $2.5k $2.5k 0.00% Unchanged
51 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 5050 $625 $625 0.00% Unchanged
52 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2929 $362 $362 0.00% New