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 ($10.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $734.97.
Trends to Q2 2024
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 |
| Q1 2024 | 475 |
| Q2 2024 | 570 |
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 |
| Q1 2024 | 213 | 206 |
| Q2 2024 | 305 | 206 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $0 | $0 | — |
| Q4 2023 | $0 | $0 | — |
| Q1 2024 | $0 | $2.6m | — |
| Q2 2024 | $0 | $0 | — |
Biggest buyers
| BlackRock Inc. | Added | +859.4k |
| STATE STREET CORP | Added | +112.9k |
| VANGUARD GROUP INC | Added | +102.7k |
| Bank of New York Mellon Corp | Added | +87.0k |
| JPMORGAN CHASE & CO | Added | +85.2k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +60.4k |
| GOLDMAN SACHS GROUP INC | Added | +56.8k |
| NORTHERN TRUST CORP | Added | +48.7k |
| RHUMBLINE ADVISERS | Added | +35.1k |
| National Pension Service | New | +33.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -423.3k |
| FIRST MANHATTAN CO. LLC. | Reduced | -89.7k |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Reduced | -82.0k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -50.6k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -45.0k |
| D. E. Shaw & Co., Inc. | Sold out | -32.3k |
| DEUTSCHE BANK AG\ | Reduced | -30.2k |
| WELLS FARGO & COMPANY/MN | Reduced | -27.5k |
| Insight Wealth Partners, LLC | Sold out | -24.6k |
| MARSHALL WACE, LLP | Reduced | -21.3k |
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 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2024 | 3 | $2.5m | 0 | — | — |
| Q2 2024 | 2 | $83.9k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-06 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-06-05 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-06-04 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-06-03 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-31 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.9k3 shares |
| 2024-05-30 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-29 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-28 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-24 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-23 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-22 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-21 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.9k3 shares |
| 2024-05-20 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-17 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-16 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-15 | Cook Donald G Director | Bought | $6.1k10 shares |
| 2024-05-15 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-14 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-13 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-05-10 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.9k3 shares |
| 2024-05-09 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.9k3 shares |
| 2024-05-08 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.7k3 shares |
| 2024-05-07 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.7k3 shares |
| 2024-05-06 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.7k3 shares |
| 2024-05-03 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.7k3 shares |
| 2024-05-02 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.7k3 shares |
| 2024-05-01 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.7k3 shares |
| 2024-04-30 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.7k3 shares |
| 2024-04-29 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
| 2024-04-26 | HORIZON KINETICS ASSET MANAGEMENT LLC 10% owner | Bought | $1.8k3 shares |
The latest 30 of 104 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 2024
| Manager | Shares | Change |
|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC 47.42% of their portfolio | 3.7m $2.7bn | Reduced -82.0k |
| BlackRock Inc. 0.04% of their portfolio | 2.2m $1.6bn | Added +859.4k |
| VANGUARD GROUP INC 0.03% of their portfolio | 2.0m $1.5bn | Added +102.7k |
| STATE STREET CORP 0.02% of their portfolio | 734.7k $539.5m | Added +112.9k |
| SoftVest Advisors, LLC 85.14% of their portfolio | 393.3k $288.8m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 380.5k $283.3m | Added +31.4k |
| FIRST MANHATTAN CO. LLC. 0.80% of their portfolio | 338.2k $248.3m | Reduced -89.7k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 204.2k $149.9m | Added +87.0k |
| MORGAN STANLEY 0.01% of their portfolio | 200.7k $147.4m | Reduced -423.3k |
| SCHWARTZ INVESTMENT COUNSEL INC 5.13% of their portfolio | 188.5k $138.4m | Reduced -9.9k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 184.0k $135.1m | Added +48.7k |
| Pacific Heights Asset Management LLC 9.51% of their portfolio | 165.0k $121.2m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 152.2k $111.7m | Added +85.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 134.4k $98.7m | Added +3.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 126.2k $92.6m | Added +9.9k |
| Legal & General Group Plc 0.02% of their portfolio | 111.7k $82.0m | Reduced -7.0k |
| MAD RIVER INVESTORS 48.86% of their portfolio | 99.3k $72.9m | Reduced -811 |
| Douglass Winthrop Advisors, LLC 1.44% of their portfolio | 95.8k $70.4m | Added +10.5k |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 86.5k $63.5m | Reduced -45.0k |
| Moors & Cabot, Inc. 3.08% of their portfolio | 78.7k $57.8m | Reduced -3.5k |
| UBS Group AG 0.02% of their portfolio | 76.2k $55.9m | Reduced -361 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 76.0k $55.8m | Added +17.6k |
| Hodges Capital Management Inc. 3.76% of their portfolio | 75.4k $55.3m | Reduced -1.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 72.5k $53.3m | Added +56.8k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 71.6k $52.6m | Reduced -7.9k |
| Amundi 0.02% of their portfolio | 70.3k $52.5m | Added +4.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 64.3k $47.2m | Added +60.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 64.2k $47.2m | Added +14.6k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 61.5k $45.2m | Added +35.1k |
| Swiss National Bank 0.03% of their portfolio | 58.0k $42.6m | Added +2.7k |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE 7.43% of their portfolio | 52.4k $38.5m | Reduced -4.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 50.2k $36.9m | Added +1.2k |
| Lagoda Investment Management, L.P. 20.68% of their portfolio | 48.9k $35.9m | Reduced -8.3k |
| EagleClaw Capital Managment, LLC 6.36% of their portfolio | 48.1k $35.4m | Reduced -128 |
| PNC Financial Services Group, Inc. 0.02% of their portfolio | 45.7k $33.6m | Reduced -372 |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 43.7k $32.1m | Added +1.1k |
| CORTLAND ASSOCIATES INC/MO 3.91% of their portfolio | 42.1k $30.9m | Reduced -406 |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 39.9k $29.3m | Reduced -27.5k |
| California Public Employees Retirement System 0.02% of their portfolio | 38.0k $27.9m | Added +1.6k |
| Invesco Ltd. 0.01% of their portfolio | 37.5k $27.6m | Added +3.4k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 35.8k $26.3m | Added +31.6k |
| National Pension Service 0.03% of their portfolio | 33.8k $24.5m | New |
| HighTower Advisors, LLC 0.04% of their portfolio | 32.5k $23.9m | Reduced -3.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 31.9k $23.4m | Reduced -10.8k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.37% of their portfolio | 30.8k $22.6m | Reduced -7.0k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 30.5k $22.4m | Reduced -645 |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 30.2k $22.2m | Reduced -30.2k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 29.6k $21.8m | Reduced -2.1k |
| First Dallas Securities Inc. 9.20% of their portfolio | 28.5k $21.0m | Reduced -391 |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 26.9k $19.7m | Added +17.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 25.7k $18.9m | Added +18.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 24.6k $18.1m | Reduced -11.4k |
| Focus Partners Wealth 0.06% of their portfolio | 24.6k $18.1m | Reduced -1.7k |
| Fernwood Investment Management, LLC 5.61% of their portfolio | 24.6k $18.1m | Reduced -7 |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 24.4k $17.9m | Added +9.4k |
| Corebridge Financial, Inc. 0.10% of their portfolio | 23.8k $17.5m | First filing |
| One Charles Private Wealth Services, LLC 7.18% of their portfolio | 23.5k $17.3m | Added +907 |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 23.2k $17.0m | Reduced -5.2k |
| Retirement Systems of Alabama 0.07% of their portfolio | 23.0k $16.9m | New |
| Concorde Financial Corp 10.95% of their portfolio | 22.7k $16.7m | Reduced -38 |
| BAR HARBOR WEALTH MANAGEMENT 1.09% of their portfolio | 22.4k $16.4m | Reduced -404 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 21.8k $16.0m | Added +14.3k |
| US BANCORP \DE\ 0.02% of their portfolio | 21.7k $15.9m | Added +532 |
| CITIGROUP INC 0.01% of their portfolio | 20.6k $15.1m | Reduced -16.8k |
| Clare Market Investments LLC 3.96% of their portfolio | 19.3k $14.2m | Unchanged |
| BARCLAYS PLC 0.01% of their portfolio | 18.7k $13.8m | Added +4.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 18.1k $13.3m | Added +458 |
| HOWLAND CAPITAL MANAGEMENT LLC 0.63% of their portfolio | 18.0k $13.2m | Unchanged |
| CRAWFORD INVESTMENT COUNSEL INC 0.25% of their portfolio | 17.6k $13.0m | Added +229 |
| Essex Financial Services, Inc. 1.08% of their portfolio | 17.5k $14.6m | Reduced -6.3k |
| Blue Trust, Inc. 0.13% of their portfolio | 16.8k $9.7m | Added +60 |
| NORTH POINT PORTFOLIO MANAGERS CORP/OH 2.13% of their portfolio | 16.5k $12.1m | Reduced -280 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 16.5k $12.1m | Added +10.8k |
| Lunt Capital Management, Inc. 5.82% of their portfolio | 16.1k $11.8m | Reduced -74 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 16.0k $11.7m | Added +1.4k |
| PECAUT & CO. 4.40% of their portfolio | 15.8k $11.6m | Reduced -1.4k |
| Lido Advisors, LLC 0.09% of their portfolio | 15.7k $11.5m | Added +14.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 15.6k $11.5m | Reduced -1.2k |
| Quadrature Capital Ltd 0.19% of their portfolio | 15.5k $11.4m | Added +15.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 15.0k $11.0m | Reduced -13.8k |
| SAPIENT CAPITAL LLC 0.23% of their portfolio | 14.8k $10.9m | Reduced -1 |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 14.6k $10.7m | Added +4.9k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio | 14.5k $10.6m | Added +5.3k |
| Summit Street Capital Management, LLC 3.87% of their portfolio | 14.4k $10.6m | Added +1.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 14.4k $10.4m | Reduced -773 |
| MGO ONE SEVEN LLC 0.50% of their portfolio | 14.3k $10.5m | Reduced -42 |
| WEDGEWOOD PARTNERS INC 2.27% of their portfolio | 13.4k $11.1m | Reduced -336 |
| BRIDGES INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 13.1k $9.6m | Added +9.5k |
| Atlas Wealth Partners, LLC 40.58% of their portfolio | 13.1k $9.6m | Reduced -308 |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 13.0k $9.6m | Reduced -1.0k |
| Fielder Capital Group LLC 3.63% of their portfolio | 12.9k $9.5m | Reduced -67 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.05% of their portfolio | 12.8k $9.4m | Added +12.3k |
| DANSKE BANK A/S 0.03% of their portfolio | 12.7k $9.3m | Reduced -1.1k |
| SG Americas Securities, LLC 0.06% of their portfolio | 12.6k $9.2m | Added +11.2k |
| LPL Financial LLC 0.00% of their portfolio | 12.6k $9.2m | Added +151 |
| CI INVESTMENTS INC. 0.04% of their portfolio | 12.5k $9.1m | Reduced -2.0k |
| American Money Management, LLC 1.92% of their portfolio | 12.3k $9.0m | Reduced -329 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 12.2k $9.0m | Added +2.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 12.2k $9.0m | Added +2.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 12.2k $8.9m | Added +6.6k |