| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | 16% | $4,831,893,256 | 3,578,173 | HORIZON KINETICS ASSET MANAGEMENT LLC | 16 Dec 2024 | |||
| BlackRock, Inc. | 7.9% | $2,451,386,676 | 1,815,331 | BlackRock, Inc. | 31 Dec 2024 | |||
| STATE STREET CORP | 5.1% | +2% | $1,091,772,474 | +$20,816,437 | 1,169,372 | +1.9% | STATE STREET CORPORATION | 30 Sep 2025 |
As of 31 Dec 2025, 706 institutional investors reported holding 49,065,209 shares of Texas Pacific Land Corp - COMMON STOCK (TPL). This represents 214% of the company’s total 22,928,863 outstanding shares.
The largest institutional shareholders of Texas Pacific Land Corp - COMMON STOCK (TPL) together control 172% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | 45% | 10,333,762 | +195% | 40% | $2,968,063,138 |
| VANGUARD GROUP INC | 33% | 7,556,966 | +193% | 0.03% | $2,170,511,774 |
| BlackRock, Inc. | 26% | 5,953,272 | +226% | 0.03% | $1,709,898,833 |
| STATE STREET CORP | 16% | 3,587,004 | +207% | 0.03% | $1,030,259,289 |
| GEODE CAPITAL MANAGEMENT, LLC | 7.7% | 1,759,107 | +204% | 0.03% | $503,581,232 |
| SoftVest Advisors, LLC | 5.1% | 1,180,800 | +200% | 76% | $339,149,376 |
| FIRST MANHATTAN CO. LLC. | 4.4% | 1,013,363 | +200% | 0.76% | $291,057,998 |
| Invesco Ltd. | 3.7% | 855,816 | +201% | 0.04% | $245,807,473 |
| MORGAN STANLEY | 3.2% | 727,921 | +206% | 0.01% | $209,073,981 |
| Pacific Heights Asset Management LLC | 2.7% | 620,000 | +235% | 6.7% | $178,076,400 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.6% | 592,845 | +207% | 0.03% | $170,276,941 |
| NORTHERN TRUST CORP | 2.4% | 553,571 | +174% | 0.02% | $158,996,662 |
| SCHWARTZ INVESTMENT COUNSEL INC | 2.1% | 475,104 | +210% | 4.8% | $136,459,371 |
| UBS Group AG | 2% | 456,034 | +232% | 0.03% | $130,982,085 |
| DIMENSIONAL FUND ADVISORS LP | 1.9% | 445,441 | +202% | 0.03% | $127,962,038 |
| TD Asset Management Inc | 1.8% | 410,889 | +240% | 0.09% | $118,015,539 |
| Legal & General Group Plc | 1.7% | 399,676 | +210% | 0.03% | $114,794,940 |
| Epoch Investment Partners, Inc. | 1.7% | 381,685 | +253% | 0.62% | $109,627,566 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1.6% | 377,050 | +234% | 0.02% | $108,296,302 |
| Bank of New York Mellon Corp | 1.5% | 352,809 | +194% | 0.02% | $101,333,760 |
| Douglass Winthrop Advisors, LLC | 1.4% | 331,128 | +204% | 1.7% | $95,106,584 |
| GOLDMAN SACHS GROUP INC | 1.4% | 315,296 | +420% | 0.01% | $90,559,329 |
| MAD RIVER INVESTORS | 1.2% | 286,083 | +202% | 37% | $82,168,821 |
| York GP, Ltd. | 1.2% | 270,600 | +195% | 100% | $77,721,732 |
| Amundi | 1.1% | 250,542 | +207% | 0.02% | $71,960,673 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 49,065,209 | $14,095,731,165 | +$9,356,379,971 | $287.22 | 706 |
| 2025 Q3 | 16,315,178 | $15,233,187,479 | -$3,659,344 | $933.64 | 705 |
| 2025 Q2 | 16,325,628 | $17,252,121,658 | +$241,901,070 | $1056.39 | 727 |
| 2025 Q1 | 16,078,134 | $21,300,345,349 | -$12,031,310 | $1324.99 | 743 |
| 2024 Q4 | 16,098,662 | $17,827,563,664 | +$939,876,972 | $1105.96 | 678 |
| 2024 Q3 | 15,093,485 | $13,367,059,883 | +$190,843,565 | $884.74 | 582 |
| 2024 Q2 | 14,839,584 | $10,903,532,108 | +$942,806,266 | $734.27 | 560 |
| 2024 Q1 | 13,591,946 | $7,865,791,281 | +$5,188,955,931 | $578.51 | 462 |
| 2023 Q4 | 4,642,542 | $7,301,349,320 | +$65,539,560 | $1572.45 | 463 |
| 2023 Q3 | 4,579,609 | $8,354,289,746 | -$47,915,462 | $1823.56 | 455 |
| 2023 Q2 | 4,573,355 | $6,031,161,661 | -$100,148,947 | $1316.50 | 417 |
| 2023 Q1 | 4,642,642 | $7,898,871,605 | +$70,652,743 | $1701.02 | 451 |
| 2022 Q4 | 4,629,350 | $10,843,052,977 | +$236,018,669 | $2344.23 | 475 |
| 2022 Q3 | 4,505,163 | $8,012,880,971 | +$171,888,439 | $1777.23 | 419 |
| 2022 Q2 | 4,415,274 | $6,571,386,580 | +$119,059,032 | $1488.02 | 387 |
| 2022 Q1 | 4,352,293 | $5,885,704,845 | +$40,194,314 | $1352.11 | 377 |
| 2021 Q4 | 4,325,354 | $5,401,174,922 | -$56,608,282 | $1248.87 | 380 |
| 2021 Q3 | 4,285,626 | $5,185,242,627 | -$37,728,627 | $1209.36 | 351 |
| 2021 Q2 | 4,354,345 | $6,965,192,362 | +$157,288,765 | $1599.74 | 330 |
| 2021 Q1 | 4,256,496 | $6,762,500,570 | +$6,608,992,470 | $1589.43 | 279 |
| 2020 Q4 | 96,435 | $70,105,338 | +$66,482,128 | $726.96 | 28 |
| 2020 Q3 | 4,794 | $2,339,447 | $451.63 | 3 | |
| 2020 Q2 | 4,794 | $3,003,901 | -$157,613 | $594.77 | 3 |
| 2020 Q1 | 5,059 | $2,107,721 | -$313,890 | $380.01 | 3 |
| 2019 Q4 | 5,885 | $4,721,435 | $781.22 | 3 | |
| 2019 Q3 | 152 | $243,000 | $1598.68 | 1 | |
| 2019 Q2 | 152 | $243,000 | $1598.68 | 1 | |
| 2019 Q1 | 152 | $243,000 | $1598.68 | 1 | |
| 2018 Q4 | 0 | $0 | -$34,502 | $354.78 | 0 |
| 2018 Q3 | 40 | $34,502 | -$8,626 | $862.55 | 1 |
| 2018 Q2 | 50 | $34,768 | +$34,768 | $695.36 | 1 |