Vault-13

TEXAS PAC LD TR TPL

SUB CTF PROP I T · Royalty Trst · CUSIP 882610108

3 institutional holders +0 vs Q1 2023
29,96130.0k shares reported held*
$39.4mreported value*
0 new 1 added 0 reduced 0 sold out net bought ≈ $359.4k (+273 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 ≈ $1316.48.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0123Q3 22: 3Q4 22: 3Q1 23: 3Q2 23: 33Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 20223
Q4 20223
Q1 20233
Q2 20233

Buyers vs sellers

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

Bought or addedCut or sold out
101Q4 22: 1 bought or addedQ4 22: 1 cut or sold outQ4 22Q1 23: 0 bought or addedQ1 23: 1 cut or sold outQ1 23Q2 23: 1 bought or addedQ2 23: 0 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211
Q1 202301
Q2 202310

Biggest buyers

BEDDOW CAPITAL MANAGEMENT INC Added +273+273

Biggest sellers

None

Insider purchases and sales in Q2 2023

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
202Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 1 buyingQ4 21: 0 sellingQ4 21Q1 22: 2 buyingQ1 22: 1 sellingQ2 22: 1 buyingQ2 22: 0 sellingQ2 22Q3 22: 1 buyingQ3 22: 0 sellingQ4 22: 1 buyingQ4 22: 0 sellingQ4 22Q1 23: 1 buyingQ1 23: 0 sellingQ2 23: 1 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20211$1.5m0——
Q1 20222$1.5m1$1.3m—
Q2 20221$1.8m0——
Q3 20221$2.2m0——
Q4 20221$2.5m0——
Q1 20231$1.3m0——
Q2 20231$246.2k0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-06-30 STAHL MURRAY +1 Director Bought plan 8 $1321.21 $10.6k8 shares +<1%
2023-06-30 STAHL MURRAY +1 Director Bought plan 3 $1316.50 $3.9k3 shares +<1%
2023-06-30 STAHL MURRAY +1 Director · Polestar Offshore Fund Ltd Bought plan 2 $1316.50 $2.6k2 shares +<1%
2023-06-30 STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC Bought plan 2 $1316.50 $2.6k2 shares +<1%
2023-06-30 STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC Bought plan 1 $1322.78 $1.3k1 share +<1%
2023-06-30 STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP Bought plan 1 $1316.50 $1.3k1 share +<1%
2023-06-29 STAHL MURRAY +1 Director Bought plan 8 $1319.71 $10.6k8 shares +<1%
2023-06-29 STAHL MURRAY +1 Director Bought plan 3 $1319.71 $4.0k3 shares +<1%
2023-06-29 STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC Bought plan 2 $1319.71 $2.6k2 shares +<1%
2023-06-29 STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC Bought plan 2 $1319.71 $2.6k2 shares +<1%
2023-06-29 STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP Bought plan 1 $1319.71 $1.3k1 share +<1%
2023-06-29 STAHL MURRAY +1 Director · Polestar Offshore Fund Ltd Bought plan 1 $1319.71 $1.3k1 share +<1%
2023-06-28 STAHL MURRAY +1 Director Bought plan 8 $1299.75 $10.4k8 shares +<1%
2023-06-28 STAHL MURRAY +1 Director Bought plan 3 $1299.75 $3.9k3 shares +<1%
2023-06-28 STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC Bought plan 2 $1299.75 $2.6k2 shares +<1%
2023-06-28 STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC Bought plan 2 $1299.75 $2.6k2 shares +<1%
2023-06-28 STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP Bought plan 1 $1299.75 $1.3k1 share +<1%
2023-06-28 STAHL MURRAY +1 Director · Polestar Offshore Fund Ltd Bought plan 1 $1299.75 $1.3k1 share +<1%
2023-06-27 STAHL MURRAY +1 Director Bought plan 8 $1286.79 $10.3k8 shares +<1%
2023-06-27 STAHL MURRAY +1 Director Bought plan 3 $1286.79 $3.9k3 shares +<1%
2023-06-27 STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC Bought plan 2 $1286.79 $2.6k2 shares +<1%
2023-06-27 STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC Bought plan 2 $1286.79 $2.6k2 shares +<1%
2023-06-27 STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP Bought plan 1 $1286.79 $1.3k1 share +<1%
2023-06-27 STAHL MURRAY +1 Director · Polestar Offshore Fund Ltd Bought plan 1 $1286.79 $1.3k1 share +<1%
2023-06-26 STAHL MURRAY +1 Director Bought plan 8 $1298.02 $10.4k8 shares +<1%
2023-06-26 STAHL MURRAY +1 Director Bought plan 3 $1298.02 $3.9k3 shares +<1%
2023-06-26 STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC Bought plan 2 $1298.02 $2.6k2 shares +<1%
2023-06-26 STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC Bought plan 2 $1298.02 $2.6k2 shares +<1%
2023-06-26 STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP Bought plan 1 $1298.02 $1.3k1 share +<1%
2023-06-26 STAHL MURRAY +1 Director · Polestar Offshore Fund Ltd Bought plan 1 $1298.02 $1.3k1 share +<1%

The latest 30 of 94 trades.

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SANTA MONICA PARTNERS LP 19.54% of their portfolio PALM BEACH GARDENS, FL 18,30318.3k $24.1m $24.1m 19.54% Unchanged
2 BEDDOW CAPITAL MANAGEMENT INC 7.58% of their portfolio JACKSON, WY 11,33811.3k $14.9m $14.9m 7.58% Added +273 +273
3 PATTEN & PATTEN INC/TN 0.03% of their portfolio CHATTANOOGA, TN 320320 $421.2k $421.2k 0.03% Unchanged