Vault-13

TXO PARTNERS LP TXO

COM UNIT · Ltd Part · CUSIP 87313P103

44 institutional holders +4 vs Q1 2024
12,625,23612.6m shares reported held*
$255.1mreported value*
9 new 17 added 8 reduced 4 sold out net bought ≈ $99.1m (+4.9m 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. Holder counts are more reliable. Implied quarter-end price ≈ $20.21.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q1 23: 23Q2 23: 26Q3 23: 30Q4 23: 36Q1 24: 40Q2 24: 4444Q1 23Q2 23Q3 23Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q1 202323
Q2 202326
Q3 202330
Q4 202336
Q1 202440
Q2 202444

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 10 bought or addedQ2 23: 7 cut or sold outQ2 23Q3 23: 14 bought or addedQ3 23: 7 cut or sold outQ3 23Q4 23: 21 bought or addedQ4 23: 10 cut or sold outQ4 23Q1 24: 18 bought or addedQ1 24: 12 cut or sold outQ1 24Q2 24: 26 bought or addedQ2 24: 12 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q2 2023107
Q3 2023147
Q4 20232110
Q1 20241812
Q2 20242612

Biggest buyers

GOLDMAN SACHS GROUP INC Added +2,247,550+2.2m
AMERICAN CENTURY COMPANIES INC Added +942,295+942.3k
KIM, LLC New +500,000+500.0k
BANK OF AMERICA CORP /DE/ New +437,782+437.8k
WESTWOOD HOLDINGS GROUP INC New +200,000+200.0k
CIBC Private Wealth Group LLC Added +112,659+112.7k
SEI INVESTMENTS CO New +105,433+105.4k
Clear Street Derivatives LLC Added +102,500+102.5k
Energy Income Partners, LLC Added +92,737+92.7k
RAYMOND JAMES & ASSOCIATES Added +70,918+70.9k

Biggest sellers

Global Endowment Management, LP Reduced -89,734-89.7k
BARCLAYS PLC Reduced -59,879-59.9k
NOMURA HOLDINGS INC Sold out -50,157-50.2k
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT Reduced -31,000-31.0k
KING LUTHER CAPITAL MANAGEMENT CORP Reduced -30,000-30.0k
FEDERATED HERMES, INC. Reduced -8,250-8.2k
Tower Research Capital LLC (TRC) Reduced -1,108-1.1k
Raymond James Financial Services Advisors, Inc. Reduced -458-458
JPMORGAN CHASE & CO Reduced -176-176
Truvestments Capital LLC Sold out -134-134

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 in Q2 2024

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
505Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 5 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 1 sellingQ2 24: 2 buyingQ2 24: 1 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20235$8.7m0——
Q1 20240—1$80.4k—
Q2 20242$19.6m1$646.0k—
DateInsiderTradeSharesPrice ValueTheir holding
2024-06-28 HUTTON KEITH A President of Prod and Develop, director Bought 878,000 $20.00 $17.6m878.0k shares +28%
2024-06-28 SIMPSON BOB R Chairman and CEO, director Bought 100,000 $20.00 $2.0m100.0k shares +2%
2024-05-24 King Luther Jr Director · See footnotes Sold 10,000 $21.24 $212.4k10.0k shares -<1%
2024-05-23 King Luther Jr Director · See footnotes Sold 10,000 $21.16 $211.6k10.0k shares -<1%
2024-05-22 King Luther Jr Director · See footnotes Sold 10,000 $22.20 $222.0k10.0k shares -<1%
2024-05-06 Global Endowment Management, LP 10% owner · By GEF-PUE, LP Sold 26,741 $18.03 $482.1k26.7k shares -1%
2024-05-06 Global Endowment Management, LP 10% owner · By GEF-DTOE, Inc. Sold 15,237 $18.03 $274.7k15.2k shares -1%
2024-05-03 Global Endowment Management, LP 10% owner · By GEF-PUE, LP Sold 13,972 $18.21 $254.4k14.0k shares -1%
2024-05-03 Global Endowment Management, LP 10% owner · By GEF-DTOE, Inc. Sold 7,114 $18.21 $129.5k7.1k shares -1%
2024-05-02 Global Endowment Management, LP 10% owner · By GEF-PUE, LP Sold 15,589 $18.25 $284.5k15.6k shares -1%
2024-05-02 Global Endowment Management, LP 10% owner · By GEF-DTOE, Inc. Sold 8,559 $18.25 $156.2k8.6k shares -1%
2024-04-30 Global Endowment Management, LP 10% owner · By GEF-PUE, LP Sold 33,432 $18.39 $614.8k33.4k shares -2%
2024-04-30 Global Endowment Management, LP 10% owner · By GEF-DTOE, Inc. Sold 18,320 $18.39 $336.9k18.3k shares -2%

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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 KING LUTHER CAPITAL MANAGEMENT CORP 0.23% of their portfolio FORT WORTH, TX 2,561,5302.6m $51.6m $51.6m 0.23% Reduced -30.0k -30,000
2 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,305,4492.3m $46.5m $46.5m 0.01% Added +2.2m +2,247,550
3 Global Endowment Management, LP 4.24% of their portfolio CHARLOTTE, NC 1,985,1302.0m $40.0m $40.0m 4.24% Reduced -89.7k -89,734
4 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 1,025,9061.0m $20.7m $20.7m 0.01% Added +942.3k +942,295
5 CIBC Private Wealth Group LLC 0.02% of their portfolio ATLANTA, GA 623,421623.4k $13.1m $13.1m 0.02% Added +112.7k +112,659
6 Energy Income Partners, LLC 0.26% of their portfolio Westport, CT 586,175586.2k $11.8m $11.8m 0.26% Added +92.7k +92,737
7 KIM, LLC 1.09% of their portfolio WICHITA, KS 500,000500.0k $10.1m $10.1m 1.09% New
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 437,782437.8k $8.8m $8.8m 0.00% New
9 Clear Street Derivatives LLC 0.13% of their portfolio NEW YORK, NY 424,320424.3k $8.6m $8.6m 0.13% Added +102.5k +102,500
10 PIN OAK INVESTMENT ADVISORS INC 5.24% of their portfolio HOUSTON, TX 271,820271.8k $5.5m $5.5m 5.24% Added +36.2k +36,250
11 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.42% of their portfolio DALLAS, TX 265,000265.0k $5.3m $5.3m 0.42% Reduced -31.0k -31,000
12 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 234,488234.5k $4.7m $4.7m 0.00% Added +70.9k +70,918
13 WESTWOOD HOLDINGS GROUP INC 0.02% of their portfolio DALLAS, TX 200,000200.0k $4.0m $4.0m 0.02% New
14 Nokomis Capital, L.L.C. 1.66% of their portfolio DALLAS, TX 172,895172.9k $3.5m $3.5m 1.66% Added +18.9k +18,945
15 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 150,000150.0k $3.0m $3.0m 0.00% Added +70.9k +70,871
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 120,379120.4k $2.4m $2.4m 0.00% Added +58.5k +58,501
17 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 117,547117.5k $2.4m $2.4m 0.00% Added +51.0k +51,034
18 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 105,433105.4k $2.1m $2.1m 0.00% New
19 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 70,98571.0k $1.4m $1.4m 0.00% Reduced -458 -458
20 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 61,70861.7k $1.2m $1.2m 0.00% Added +1.5k +1,465
21 TORTOISE CAPITAL ADVISORS, L.L.C. 0.01% of their portfolio OVERLAND PARK, KS 50,00050.0k $1.0m $1.0m 0.01% Unchanged
22 Bramshill Investments, LLC 0.11% of their portfolio NAPLES, FL 48,62348.6k $980.2k $980.2k 0.11% New
23 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 41,84741.8k $843.6k $843.6k 0.00% Added +16.1k +16,050
24 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.02% of their portfolio Seattle, WA 37,93337.9k $764.7k $764.7k 0.02% Unchanged
25 Silverleafe Capital Partners, LLC 0.24% of their portfolio GERMANTOWN, TN 34,00034.0k $685.4k $685.4k 0.24% New
26 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 29,00029.0k $584.6k $584.6k 0.00% Unchanged
27 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 27,91427.9k $563.0k $563.0k 0.04% Added +6.0k +6,014
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 27,26127.3k $549.6k $549.6k 0.00% Added +2.8k +2,829
29 CHILDRESS CAPITAL ADVISORS, LLC 0.14% of their portfolio HOUSTON, TX 25,12425.1k $506.5k $506.5k 0.14% Unchanged
30 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 13,17013.2k $265.5k $265.5k 0.00% New
31 Financial Symmetry Inc 0.20% of their portfolio RALEIGH, NC 12,56812.6k $253.4k $253.4k 0.20% Unchanged
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,37012.4k $249.0k $249.0k 0.00% Added +1.5k +1,500
33 Counterpoint Mutual Funds LLC 0.05% of their portfolio San Diego, CA 10,64610.6k $214.6k $214.6k 0.05% New
34 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 10,05010.1k $202.6k $202.6k 0.00% Unchanged
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 9,3409.3k $188.3k $188.3k 0.00% Added +1.8k +1,840
36 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 6,7506.8k $136.1k $136.1k 0.00% Reduced -8.2k -8,250
37 Venturi Wealth Management, LLC 0.00% of their portfolio AUSTIN, TX 2,8002.8k $56.4k $56.4k 0.00% Unchanged
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,8361.8k $37.0k $37.0k 0.00% Reduced -59.9k -59,879
39 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,6261.6k $32.8k $32.8k 0.00% New
40 AMERICAN NATIONAL BANK & TRUST 0.00% of their portfolio WICHITA FALLS, TX 1,0001.0k $20.2k $20.2k 0.00% Unchanged
41 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $20.8k $20.8k 0.00% Unchanged
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 302302 $6.1k $6.1k 0.00% Reduced -176 -176
43 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 108108 $2.2k $2.2k 0.00% Reduced -1.1k -1,108
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged