Horizon Kinetics LLC Has Raised Texas Pac Ld Tr (TPL) Holding by $9.06 Million

May 18, 2018 - By Nellie Frank

Texas Pacific Land Trust (NYSE:TPL) LogoInvestors sentiment increased to 1.19 in 2017 Q4. Its up 0.07, from 1.12 in 2017Q3. It is positive, as 5 investors sold TPL shares while 32 reduced holdings. 14 funds opened positions while 30 raised stakes. 2.86 million shares or 0.50% less from 2.87 million shares in 2017Q3 were reported. Sei Investments Com has invested 0% of its portfolio in Texas Pacific Land Trust (NYSE:TPL). Neuberger Berman Group Inc owns 500 shares. Raymond James Services Advisors Incorporated invested in 0.02% or 6,362 shares. California Employees Retirement Sys owns 0.01% invested in Texas Pacific Land Trust (NYSE:TPL) for 21,012 shares. Goldman Sachs Grp Inc accumulated 486 shares. Raymond James Trust Na has invested 0.03% in Texas Pacific Land Trust (NYSE:TPL). Bnp Paribas Arbitrage Sa holds 0% or 3 shares in its portfolio. Fernwood Mgmt Ltd Llc invested 0.67% in Texas Pacific Land Trust (NYSE:TPL). Envestnet Asset Mngmt has invested 0% in Texas Pacific Land Trust (NYSE:TPL). Geode Capital Management Lc has invested 0% in Texas Pacific Land Trust (NYSE:TPL). Deprince Race And Zollo has 0.03% invested in Texas Pacific Land Trust (NYSE:TPL). Landscape Capital Mngmt Ltd has 450 shares for 0.02% of their portfolio. Renaissance Technology Ltd Llc has 0% invested in Texas Pacific Land Trust (NYSE:TPL). Bankshares Of Montreal Can, Ontario – Canada-based fund reported 1,281 shares. Citigroup Inc reported 1,210 shares.

Murray Stahl increased its stake in Texas Pac Ld Tr (TPL) by 1.14% based on its latest 2017Q4 regulatory filing with the SEC. Horizon Kinetics Llc bought 20,317 shares as the company’s stock rose 14.99% while stock markets declined. The hedge fund run by Murray Stahl held 1.80 million shares of the oil & gas production company at the end of 2017Q4, valued at $804.94 million, up from 1.78M at the end of the previous reported quarter. Horizon Kinetics Llc who had been investing in Texas Pac Ld Tr for a number of months, seems to be bullish on the $5.47B market cap company. The stock increased 1.37% or $9.49 during the last trading session, reaching $699.58. About 8,059 shares traded. Texas Pacific Land Trust (NYSE:TPL) has risen 76.38% since May 18, 2017 and is uptrending. It has outperformed by 64.83% the S&P500.

Horizon Kinetics Llc, which manages about $5.39 billion and $3.41 billion US Long portfolio, decreased its stake in Vanguard Scottsdale Fds (VGSH) by 535,684 shares to 2.50M shares, valued at $150.65 million in 2017Q4, according to the filing. It also reduced its holding in Cbs Corp New (NYSE:CBS) by 117,425 shares in the quarter, leaving it with 97,711 shares, and cut its stake in Liberty Broadband Corp.

More recent Texas Pacific Land Trust (NYSE:TPL) news were published by: Businesswire.com which released: “Texas Pacific Land Trust Announces First Quarter 2018 Financial Results” on April 30, 2018. Also Nasdaq.com published the news titled: “Investor Expectations to Drive Momentum within Banc of California, Alarm, Consolidated Edison, Summit Midstream …” on April 23, 2018. Seekingalpha.com‘s news article titled: “Horizon Kinetics Q1 Commentary April 2018” with publication date: April 22, 2018 was also an interesting one.

Texas Pacific Land Trust (NYSE:TPL) Institutional Positions Chart

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