TEXAS PACIFIC LAND CORPORATI TPL
COM · Common Stock · CUSIP 88262P102 · ISIN US88262P1021
- SectorFinancials
- IndustryOil Royalty Traders
- HeadquartersDallas, TX
- Websitetexaspacific.com
- FilingsSEC EDGAR
* 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 ($6.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1572.91.
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 429 |
| Q4 2022 | 481 |
| Q1 2023 | 462 |
| Q2 2023 | 428 |
| Q3 2023 | 464 |
| Q4 2023 | 470 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 203 | 191 |
| Q1 2023 | 197 | 210 |
| Q2 2023 | 190 | 206 |
| Q3 2023 | 211 | 181 |
| Q4 2023 | 189 | 199 |
Biggest buyers
| MORGAN STANLEY | Added | +63.9k |
| BlackRock Inc. | Added | +17.0k |
| Hodges Capital Management Inc. | Added | +16.3k |
| STATE STREET CORP | Added | +15.2k |
| FIRST TRUST ADVISORS LP | Added | +10.1k |
| JANE STREET GROUP, LLC | Added | +9.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +8.6k |
| VANGUARD GROUP INC | Added | +8.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | +6.4k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +5.4k |
Biggest sellers
| HORIZON KINETICS ASSET MANAGEMENT LLC | Reduced | -41.7k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -15.2k |
| MAD RIVER INVESTORS | Reduced | -6.9k |
| Invesco Ltd. | Reduced | -5.9k |
| Waratah Capital Advisors Ltd. | Sold out | -4.3k |
| FMR LLC | Reduced | -3.9k |
| Oxbow Advisors, LLC | Reduced | -3.5k |
| BANK OF AMERICA CORP /DE/ | Reduced | -3.4k |
| Korea Investment CORP | Reduced | -3.2k |
| UBS Group AG | Reduced | -2.8k |
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.
| Holder | Stake |
|---|---|
HORIZON KINETICS ASSET MANAGEMENT LLC
13D · may seek influence
+0.2 pts · filed 2026-05-07
Stated purposeItem 4 is hereby amended and restated in its entirety to read as follows: HKAM acquired the securities reported herein on behalf of the Managed Accounts for investment purposes. In the ordinary course of its business, HKAM intends to regularly review its equity interest in the Issuer and may, from time to time, acquire additional shares or other securities of the Issuer. While HKAM has no present intention to dispose of all or any portion of the shares beneficially owned by Managed Accounts, it may sell shares from time to time for a number of reasons, not limited to client requests, regulatory or investment limitations or other reasons. Any such sales of securities of the Issuer may be in the open market, privately negotiated transactions or otherwise. On May 5, 2026, Peter Doyle, who s… Full filing |
14.7% |
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 7.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 6.3% |
| STATE STREET CORP 13G · institution +0.1 pts · filed 2025-11-10 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 2 | $1.5m | 1 | $1.3m | — |
| Q2 2022 | 1 | $1.8m | 0 | — | — |
| Q3 2022 | 1 | $2.2m | 0 | — | — |
| Q4 2022 | 1 | $2.5m | 0 | — | — |
| Q1 2023 | 1 | $1.3m | 0 | — | — |
| Q2 2023 | 1 | $246.2k | 0 | — | — |
| Q3 2023 | 2 | $1.7m | 1 | $185.2k | — |
| Q4 2023 | 3 | $326.7k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-29 | STAHL MURRAY +1 Director | Bought plan | $4.7k3 shares |
| 2023-12-29 | STAHL MURRAY +1 Director | Bought plan | $4.7k3 shares |
| 2023-12-29 | STAHL MURRAY +1 Director · Polestar Offshore Fund Ltd | Bought plan | $3.1k2 shares |
| 2023-12-29 | STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC | Bought plan | $3.1k2 shares |
| 2023-12-29 | STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC | Bought plan | $1.6k1 share |
| 2023-12-29 | STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP | Bought plan | $1.6k1 share |
| 2023-12-28 | STAHL MURRAY +1 Director | Bought plan | $4.8k3 shares |
| 2023-12-28 | STAHL MURRAY +1 Director | Bought plan | $4.8k3 shares |
| 2023-12-28 | STAHL MURRAY +1 Director · Horizon Common Inc | Bought plan | $3.2k2 shares |
| 2023-12-28 | STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC | Bought plan | $3.2k2 shares |
| 2023-12-28 | STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP | Bought plan | $1.6k1 share |
| 2023-12-28 | STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC | Bought plan | $1.6k1 share |
| 2023-12-27 | STAHL MURRAY +1 Director | Bought plan | $4.9k3 shares |
| 2023-12-27 | STAHL MURRAY +1 Director | Bought plan | $4.9k3 shares |
| 2023-12-27 | STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC | Bought plan | $3.3k2 shares |
| 2023-12-27 | STAHL MURRAY +1 Director · Polestar Offshore Fund Ltd | Bought plan | $3.3k2 shares |
| 2023-12-27 | STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP | Bought plan | $1.6k1 share |
| 2023-12-27 | STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC | Bought plan | $1.6k1 share |
| 2023-12-26 | STAHL MURRAY +1 Director | Bought plan | $4.9k3 shares |
| 2023-12-26 | STAHL MURRAY +1 Director | Bought plan | $4.9k3 shares |
| 2023-12-26 | STAHL MURRAY +1 Director · Polestar Offshore Fund Ltd | Bought plan | $3.3k2 shares |
| 2023-12-26 | STAHL MURRAY +1 Director · Horizon Kinetics Hard Assets LLC | Bought plan | $3.3k2 shares |
| 2023-12-26 | STAHL MURRAY +1 Director · Horizon Kinetics Asset Management LLC | Bought plan | $1.6k1 share |
| 2023-12-26 | STAHL MURRAY +1 Director · Horizon Credit Opportunity Fund LP | Bought plan | $1.6k1 share |
| 2023-12-22 | STAHL MURRAY Director | Bought plan | $4.8k3 shares |
| 2023-12-22 | STAHL MURRAY Director | Bought plan | $4.8k3 shares |
| 2023-12-22 | STAHL MURRAY Director · Horizon Kinetics Hard Assets LLC | Bought plan | $3.2k2 shares |
| 2023-12-22 | STAHL MURRAY Director · Polestar Offshore Fund Ltd | Bought plan | $3.2k2 shares |
| 2023-12-22 | STAHL MURRAY Director · HORIZON KINETICS ASSET MANAGEMENT LLC | Bought plan | $1.6k1 share |
| 2023-12-22 | STAHL MURRAY Director · Horizon Credit Opportunity Fund LP | Bought plan | $1.6k1 share |
The latest 30 of 114 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC 44.11% of their portfolio | 1.3m $2.1bn | Reduced -41.7k |
| VANGUARD GROUP INC 0.02% of their portfolio | 634.1k $997.1m | Added +8.2k |
| BlackRock Inc. 0.02% of their portfolio | 461.3k $725.4m | Added +17.0k |
| STATE STREET CORP 0.02% of their portfolio | 215.9k $339.5m | Added +15.2k |
| FIRST MANHATTAN CO. LLC. 0.78% of their portfolio | 142.8k $224.5m | Reduced -217 |
| MORGAN STANLEY 0.01% of their portfolio | 140.3k $220.6m | Added +63.9k |
| SoftVest Advisors, LLC 77.68% of their portfolio | 130.5k $205.2m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 113.4k $179.8m | Added +5.4k |
| SCHWARTZ INVESTMENT COUNSEL INC 4.10% of their portfolio | 66.9k $105.1m | Added +832 |
| Pacific Heights Asset Management LLC 7.41% of their portfolio | 55.0k $86.5m | Unchanged |
| NORTHERN TRUST CORP 0.01% of their portfolio | 47.3k $74.4m | Added +1.3k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 46.1k $72.4m | Reduced -385 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 42.8k $67.3m | Added +2.4k |
| York GP, Ltd. 92.18% of their portfolio | 42.4k $66.7m | Unchanged |
| Bank of New York Mellon Corp 0.01% of their portfolio | 40.8k $64.1m | Added +3.7k |
| Legal & General Group Plc 0.02% of their portfolio | 39.5k $62.2m | Reduced -2.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 35.5k $55.8m | Added +3.9k |
| MAD RIVER INVESTORS 48.83% of their portfolio | 33.5k $52.6m | Reduced -6.9k |
| Hodges Capital Management Inc. 2.85% of their portfolio | 33.4k $52.5m | Added +16.3k |
| UBS Group AG 0.02% of their portfolio | 26.0k $40.8m | Reduced -2.8k |
| Douglass Winthrop Advisors, LLC 0.90% of their portfolio | 25.6k $40.3m | Added +4.2k |
| Moors & Cabot, Inc. 2.39% of their portfolio | 24.4k $38.4m | Added +162 |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 22.8k $35.8m | Reduced -631 |
| Amundi 0.01% of their portfolio | 20.5k $31.4m | Reduced -485 |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 19.5k $30.7m | Added +10.1k |
| Swiss National Bank 0.02% of their portfolio | 19.1k $30.1m | Reduced -600 |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE 6.11% of their portfolio | 18.9k $29.7m | Reduced -330 |
| Lagoda Investment Management, L.P. 20.24% of their portfolio | 18.9k $29.7m | Reduced -767 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 17.0k $26.7m | Added +2.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 16.6k $26.0m | Reduced -789 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 16.5k $25.9m | Added +2.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 16.4k $25.7m | Added +648 |
| EagleClaw Capital Managment, LLC 5.23% of their portfolio | 16.0k $25.1m | Added +38 |
| PNC Financial Services Group, Inc. 0.02% of their portfolio | 15.3k $24.1m | Reduced -12 |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 14.8k $23.2m | Added +5.4k |
| CORTLAND ASSOCIATES INC/MO 3.32% of their portfolio | 14.4k $22.7m | Reduced -57 |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 14.3k $22.4m | Reduced -746 |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 13.2k $20.7m | Reduced -15.2k |
| CITIGROUP INC 0.03% of their portfolio | 12.6k $19.9m | Added +2.6k |
| HighTower Advisors, LLC 0.03% of their portfolio | 12.3k $19.4m | Added +82 |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 12.2k $19.2m | Added +4.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 12.1k $19.1m | Unchanged |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.33% of their portfolio | 11.6k $18.2m | Added +2.5k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 11.3k $17.8m | Added +9.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 10.9k $17.1m | Reduced -3.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 10.8k $17.0m | Added +8.6k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 10.2k $16.1m | Reduced -76 |
| First Dallas Securities Inc. 7.91% of their portfolio | 9.8k $15.4m | Added +1.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 9.7k $15.2m | Added +1.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 9.6k $15.1m | Added +3.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 8.8k $13.8m | Reduced -109 |
| Insight Wealth Partners, LLC 9.73% of their portfolio | 8.2k $12.9m | Added +65 |
| Fernwood Investment Management, LLC 4.23% of their portfolio | 8.2k $12.8m | Added +30 |
| Essex Financial Services, Inc. 1.32% of their portfolio | 8.1k $12.8m | Added +641 |
| Focus Partners Wealth 0.17% of their portfolio | 8.1k $12.8m | First filing |
| Invesco Ltd. 0.00% of their portfolio | 8.1k $12.7m | Reduced -5.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 7.8k $12.2m | Added +2.4k |
| Concorde Financial Corp 8.11% of their portfolio | 7.5k $11.9m | Reduced -12 |
| BAR HARBOR WEALTH MANAGEMENT 0.88% of their portfolio | 7.5k $11.8m | Reduced -76 |
| BARCLAYS PLC 0.01% of their portfolio | 7.4k $11.6m | Added +2.8k |
| One Charles Private Wealth Services, LLC 6.10% of their portfolio | 7.3k $11.5m | Reduced -44 |
| US BANCORP \DE\ 0.02% of their portfolio | 7.2k $11.3m | Reduced -45 |
| Clare Market Investments LLC 3.56% of their portfolio | 6.5k $10.2m | Reduced -240 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 6.4k $10.1m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 6.3k $10.0m | Added +2.7k |
| PECAUT & CO. 3.75% of their portfolio | 5.9k $9.3m | Reduced -90 |
| Vident Advisory, LLC 0.23% of their portfolio | 5.9k $9.3m | Reduced -1.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 5.8k $9.2m | Reduced -8 |
| Lunt Capital Management, Inc. 4.71% of their portfolio | 5.8k $9.1m | Reduced -455 |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 5.8k $9.0m | Reduced -974 |
| Blue Trust, Inc. 0.17% of their portfolio | 5.7k $10.4m | Added +1.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 5.6k $8.8m | Added +300 |
| NORTH POINT PORTFOLIO MANAGERS CORP/OH 1.58% of their portfolio | 5.5k $8.7m | Reduced -67 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 5.5k $8.6m | Reduced -949 |
| CI INVESTMENTS INC. 0.04% of their portfolio | 5.4k $8.5m | Reduced -311 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 5.4k $8.4m | Reduced -1.3k |
| Westwind Capital 2.17% of their portfolio | 5.0k $7.8m | Added +72 |
| SAPIENT CAPITAL LLC 0.20% of their portfolio | 5.0k $7.8m | First filing |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 4.9k $7.6m | Reduced -538 |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 1.36% of their portfolio | 4.8k $7.6m | Added +8 |
| CRAWFORD INVESTMENT COUNSEL INC 0.15% of their portfolio | 4.8k $7.6m | Added +539 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 4.8k $7.5m | Added +2.2k |
| MGO ONE SEVEN LLC 0.44% of their portfolio | 4.8k $7.5m | Reduced -3 |
| WEDGEWOOD PARTNERS INC 1.41% of their portfolio | 4.7k $6.7m | Reduced -71 |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 4.6k $7.2m | Reduced -1.8k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 4.6k $7.2m | Reduced -136 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 4.6k $7.2m | Reduced -2.6k |
| Rafferty Asset Management, LLC 0.03% of their portfolio | 4.6k $7.2m | Added +1.4k |
| Atlas Wealth Partners, LLC 36.49% of their portfolio | 4.4k $6.6m | Added +43 |
| Bulldog Investors, LLP 2.27% of their portfolio | 4.4k $6.9m | Unchanged |
| MARSHALL WACE, LLP 0.01% of their portfolio | 4.4k $6.9m | New |
| Fielder Capital Group LLC 4.13% of their portfolio | 4.3k $6.8m | First filing |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 4.3k $6.7m | Reduced -199 |
| FMR LLC 0.00% of their portfolio | 4.2k $6.6m | Reduced -3.9k |
| ARCADIA INVESTMENT MANAGEMENT CORP/MI 1.26% of their portfolio | 4.2k $6.6m | Unchanged |
| American Money Management, LLC 1.48% of their portfolio | 4.2k $6.6m | Added +5 |
| TIAA TRUST, NATIONAL ASSOCIATION 0.02% of their portfolio | 4.2k $6.6m | Reduced -110 |
| Hosking Partners LLP 0.26% of their portfolio | 3.9k $6.1m | Reduced -284 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 3.8k $5.9m | Added +553 |
| LPL Financial LLC 0.00% of their portfolio | 3.7k $5.8m | Added +266 |