TPL US Equity

Texas Pacific Land Corp

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Financials · Oil Royalty Traders · CIK 1811074 · FYE 1231

$389.41

-0.01 (-0.00%)

USD · as of 2026-07-29 · marketstack

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Institutional ownership· 13F filers holding TPL · 2026-Q1 methodology → sources →

856 holders

% of shares outstanding held

72.8%

Shares held (13F)

50,202,787

Reporting holders

856

Top holders

largest 100 of 856 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	HORIZON KINETICS ASSET MANAGEMENT LLC	10,015,37910.0M	$4.8B	14.52%	TRIM -3%
2	BlackRock, Inc.	5,952,5156.0M	$2.8B	8.63%	—
3	STATE STREET CORP	3,784,9573.8M	$1.8B	5.49%	ADD 6%
4	VANGUARD CAPITAL MANAGEMENT LLC	3,783,6853.8M	$1.8B	5.49%	NEW†
5	VANGUARD PORTFOLIO MANAGEMENT LLC	3,142,8523.1M	$1.5B	4.56%	NEW†
6	GEODE CAPITAL MANAGEMENT, LLC	1,633,3961.6M	$772M	2.37%	TRIM -7%
7	FIRST MANHATTAN CO. LLC.	1,062,7691.1M	$504M	1.54%	ADD 5%
8	SoftVest Advisors, LLC	1,062,0991.1M	$504M	1.54%	TRIM -10%
9	MORGAN STANLEY	964,476964,476	$458M	1.40%	ADD 32%
10	Invesco Ltd.	622,175622,175	$295M	0.90%	TRIM -27%
11	Pacific Heights Asset Management LLC	620,000620,000	$294M	0.90%	—
12	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	613,374613,374	$291M	0.89%	ADD 3%
13	NORTHERN TRUST CORP	544,883544,883	$259M	0.79%	—
14	UBS Group AG	473,607473,607	$225M	0.69%	ADD 4%
15	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	446,519446,519	$212M	0.65%	ADD 18%
16	DIMENSIONAL FUND ADVISORS LP	431,090431,090	$205M	0.62%	TRIM -3%
17	SCHWARTZ INVESTMENT COUNSEL INC	410,926410,926	$195M	0.60%	TRIM -14%
18	Legal & General Group Plc	402,574402,574	$191M	0.58%	—
19	TD Asset Management Inc	378,646378,646	$180M	0.55%	TRIM -8%
20	GOLDMAN SACHS GROUP INC	374,012374,012	$177M	0.54%	ADD 19%
21	Bank of New York Mellon Corp	357,379357,379	$170M	0.52%	—
22	VANGUARD FIDUCIARY TRUST CO	334,573334,573	$159M	0.49%	NEW
23	Epoch Investment Partners, Inc.	331,137331,137	$157M	0.48%	TRIM -13%
24	MAD RIVER INVESTORS	285,120285,120	$135M	0.41%	—
25	Amundi	279,786279,786	$133M	0.41%	ADD 12%
26	Douglass Winthrop Advisors, LLC	268,886268,886	$128M	0.39%	TRIM -19%
27	York GP, Ltd.	268,600268,600	$127M	0.39%	—
28	Tidal Investments LLC	266,310266,310	$126M	0.39%	NEW
29	BANK OF AMERICA CORP /DE/	264,740264,740	$126M	0.38%	ADD 143%
30	Champlain Investment Partners, LLC	252,962252,962	$120M	0.37%	NEW
31	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	237,252237,252	$113M	0.34%	—
32	DEUTSCHE BANK AG\	202,510202,510	$96M	0.29%	—
33	PRICE T ROWE ASSOCIATES INC /MD/	190,946190,946	$91M	0.28%	ADD 127%
34	Focus Partners Wealth	188,893188,893	$90M	0.27%	ADD 78%
35	JPMORGAN CHASE & CO	175,110175,110	$82M	0.25%	ADD 42%
36	Swiss National Bank	171,973171,973	$82M	0.25%	ADD 7%
37	Moors & Cabot, Inc.	170,484170,484	$81M	0.25%	—
38	Nuveen, LLC	161,414161,414	$77M	0.23%	ADD 5%
39	FIRST TRUST ADVISORS LP	155,810155,810	$74M	0.23%	ADD 23%
40	EagleClaw Capital Managment, LLC	151,894151,894	$72M	0.22%	ADD 4%
41	MSRH, LLC	149,458149,458	$71M	0.22%	—
42	PNC FINANCIAL SERVICES GROUP, INC.	146,982146,982	$70M	0.21%	TRIM -4%
43	WELLS FARGO & COMPANY/MN	137,565137,565	$65M	0.20%	ADD 22%
44	Mitsubishi UFJ Asset Management Co., Ltd.	131,091131,091	$62M	0.19%	ADD 7%
45	Vanguard Global Advisers, LLC	126,422126,422	$60M	0.18%	NEW
46	Sumitomo Mitsui Trust Group, Inc.	124,402124,402	$59M	0.18%	TRIM -7%
47	ROYAL BANK OF CANADA	121,247121,247	$58M	0.18%	ADD 130%
48	RHUMBLINE ADVISERS	119,098119,098	$57M	0.17%	TRIM -6%
49	BNP PARIBAS FINANCIAL MARKETS	119,008119,008	$56M	0.17%	ADD 10%
50	SEI INVESTMENTS CO	114,464114,464	$54M	0.17%	ADD 62%
51	LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE	112,895112,895	$54M	0.16%	—
52	Hodges Capital Management Inc.	105,315105,315	$50M	0.15%	—
53	BARCLAYS PLC	102,047102,047	$48M	0.15%	TRIM -8%
54	RAYMOND JAMES FINANCIAL INC	101,957101,957	$48M	0.15%	—
55	California Public Employees Retirement System	101,608101,608	$48M	0.15%	—
56	HighTower Advisors, LLC	100,065100,065	$47M	0.15%	—
57	HSBC HOLDINGS PLC	99,37399,373	$47M	0.14%	TRIM -44%
58	Pacer Advisors, Inc.	96,18996,189	$46M	0.14%	ADD 120%
59	DANSKE BANK A/S	95,25295,252	$45M	0.14%	TRIM -33%
60	OSAIC HOLDINGS, INC.	94,11194,111	$45M	0.14%	TRIM -2%
61	VANGUARD ASSET MANAGEMENT, Ltd	91,68291,682	$44M	0.13%	NEW
62	Blue Trust, Inc.	88,88088,880	$42M	0.13%	ADD 12%
63	Lagoda Investment Management, L.P.	86,22586,225	$41M	0.13%	TRIM -17%
64	CWA Asset Management Group, LLC	84,36184,361	$40M	0.12%	NEW
65	TOCQUEVILLE ASSET MANAGEMENT L.P.	76,17276,172	$36M	0.11%	TRIM -9%
66	One Charles Private Wealth Services, LLC	75,56575,565	$36M	0.11%	—
67	NEUBERGER BERMAN GROUP LLC	75,26475,264	$36M	0.11%	ADD 189%
68	Annex Advisory Services, LLC	75,04075,040	$36M	0.11%	ADD 134%
69	PRINCIPAL FINANCIAL GROUP INC	71,34371,343	$34M	0.10%	ADD 3%
70	JANE STREET GROUP, LLC	69,08369,083	$33M	0.10%	ADD 5820%
71	SUSQUEHANNA INTERNATIONAL GROUP, LLP	68,98768,987	$33M	0.10%	TRIM -56%
72	Advisory Services Network, LLC	68,37468,374	$32M	0.10%	—
73	AQR CAPITAL MANAGEMENT LLC	65,67365,673	$31M	0.10%	TRIM -68%
74	RWA WEALTH PARTNERS, LLC	64,63864,638	$31M	0.09%	TRIM -9%
75	FMR LLC	64,44064,440	$31M	0.09%	ADD 64%
76	LPL Financial LLC	61,52761,527	$29M	0.09%	ADD 21%
77	First Dallas Securities Inc.	59,55559,555	$28M	0.09%	TRIM -8%
78	STATE OF WISCONSIN INVESTMENT BOARD	57,41157,411	$27M	0.08%	TRIM -3%
79	US BANCORP \DE\	54,25754,257	$26M	0.08%	TRIM -6%
80	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	53,94053,940	$26M	0.08%	TRIM -4%
81	ASR Vermogensbeheer N.V.	52,58452,584	$25M	0.08%	—
82	AVIVA PLC	51,41151,411	$24M	0.07%	—
83	AMERICAN CENTURY COMPANIES INC	50,67950,679	$24M	0.07%	ADD 35%
84	HOWLAND CAPITAL MANAGEMENT LLC	49,71049,710	$24M	0.07%	—
85	SAPIENT CAPITAL LLC	47,95147,951	$23M	0.07%	—
86	Aberdeen Group plc	47,95047,950	$23M	0.07%	ADD 4%
87	Korea Investment CORP	47,83247,832	$23M	0.07%	ADD 70%
88	Essex Financial Services, Inc.	47,82847,828	$23M	0.07%	ADD 5%
89	FRANKLIN RESOURCES INC	47,78147,781	$23M	0.07%	ADD 3%
90	CITIGROUP INC	47,50547,505	$23M	0.07%	ADD 11%
91	SG Americas Securities, LLC	46,95746,957	$22M	0.07%	ADD 409%
92	WELLINGTON MANAGEMENT GROUP LLP	45,80645,806	$22M	0.07%	ADD 11%
93	BANK OF MONTREAL /CAN/	44,81944,819	$21M	0.06%	TRIM -11%
94	MGO ONE SEVEN LLC	44,54544,545	$21M	0.06%	—
95	COMMONWEALTH EQUITY SERVICES, LLC	44,12144,121	$21M	0.06%	ADD 15%
96	Lido Advisors, LLC	44,01344,013	$21M	0.06%	ADD 123%
97	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	42,86742,867	$20M	0.06%	ADD 10%
98	SPROTT INC.	42,08042,080	$20M	0.06%	ADD 24%
99	Atlas Wealth Partners, LLC	39,84939,849	$19M	0.06%	—
100	Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P.	39,30939,309	$19M	0.06%	—

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

HORIZON KINETICS ASSET MANAGEMENT LLC

3.6M

3.5M

10.3M

10.0M

$4.8B

BlackRock, Inc.

1.8M

1.9M

1.8M

6.0M

$2.8B

STATE STREET CORP

1.2M

1.1M

1.2M

3.6M

3.8M

$1.8B

VANGUARD CAPITAL MANAGEMENT LLC

—

3.8M

$1.8B

VANGUARD PORTFOLIO MANAGEMENT LLC

—

3.1M

$1.5B

GEODE CAPITAL MANAGEMENT, LLC

622K

583K

606K

579K

1.8M

1.6M

$772M

FIRST MANHATTAN CO. LLC.

338K

1.0M

1.1M

$504M

SoftVest Advisors, LLC

393K

394K

1.2M

1.1M

$504M

MORGAN STANLEY

284K

262K

283K

238K

728K

964K

$458M

Invesco Ltd.

300K

292K

275K

284K

856K

622K

$295M

Pacific Heights Asset Management LLC

165K

185K

620K

$294M

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

180K

183K

184K

193K

593K

613K

$291M

NORTHERN TRUST CORP

225K

215K

205K

202K

554K

545K

$259M

UBS Group AG

195K

179K

153K

137K

456K

474K

$225M

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

74K

91K

113K

377K

447K

$212M

Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	856	50,202,787	72.8%	$23.8B
2025-Q4	726	49,623,226	71.9%	$14.3B
2025-Q3	712	16,371,591	23.7%	$15.3B
2025-Q2	731	16,388,687	23.8%	$17.3B
2025-Q1	747	16,168,086	23.4%	$21.3B
2024-Q4	682	16,158,774	23.4%	$17.9B
2024-Q3	593	15,208,704	22.0%	$13.4B
2024-Q2	566

Short interest has its own tab now — open SI →

Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.

Activists & large holders· Schedule 13D/G beneficial owners · TPL

Activists — 13D, active intent

HORIZON KINETICS ASSET MANAGEMENT LLC14.7%▲ +0.2ppSCHEDULE 13D/A · Amd 11 · event 2026-05-05SEC →

10,109,933 shares · 2 reporting persons

“Item 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 ”

Large holders — 13G, passive (top 4 by % of class)

Holder	% of class	Type	As of
BlackRock, Inc.	7.9%	QII	2024-12-31	SEC →
VANGUARD CAPITAL MANAGEMENT LLC	6.3%	QII	2026-03-31	SEC →

Institutional ownership· 13F filers holding TPL · 2026-Q1 methodology → sources →

856 holders

% of shares outstanding held

72.8%

Shares held (13F)

50,202,787

Reporting holders

856

Top holders

largest 100 of 856 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	HORIZON KINETICS ASSET MANAGEMENT LLC	10,015,37910.0M	$4.8B	14.52%	TRIM -3%
2	BlackRock, Inc.	5,952,5156.0M	$2.8B	8.63%	—
3	STATE STREET CORP	3,784,9573.8M	$1.8B	5.49%	ADD 6%
4	VANGUARD CAPITAL MANAGEMENT LLC	3,783,6853.8M	$1.8B	5.49%	NEW†
5	VANGUARD PORTFOLIO MANAGEMENT LLC	3,142,8523.1M	$1.5B	4.56%	NEW†
6	GEODE CAPITAL MANAGEMENT, LLC	1,633,3961.6M	$772M	2.37%	TRIM -7%
7	FIRST MANHATTAN CO. LLC.	1,062,7691.1M	$504M	1.54%	ADD 5%
8	SoftVest Advisors, LLC	1,062,0991.1M	$504M	1.54%	TRIM -10%
9	MORGAN STANLEY	964,476964,476	$458M	1.40%	ADD 32%
10	Invesco Ltd.	622,175622,175	$295M	0.90%	TRIM -27%
11	Pacific Heights Asset Management LLC	620,000620,000	$294M	0.90%	—
12	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	613,374613,374	$291M	0.89%	ADD 3%
13	NORTHERN TRUST CORP	544,883544,883	$259M	0.79%	—
14	UBS Group AG	473,607473,607	$225M	0.69%	ADD 4%
15	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	446,519446,519	$212M	0.65%	ADD 18%
16	DIMENSIONAL FUND ADVISORS LP	431,090431,090	$205M	0.62%	TRIM -3%
17	SCHWARTZ INVESTMENT COUNSEL INC	410,926410,926	$195M	0.60%	TRIM -14%
18	Legal & General Group Plc	402,574402,574	$191M	0.58%	—
19	TD Asset Management Inc	378,646378,646	$180M	0.55%	TRIM -8%
20	GOLDMAN SACHS GROUP INC	374,012374,012	$177M	0.54%	ADD 19%
21	Bank of New York Mellon Corp	357,379357,379	$170M	0.52%	—
22	VANGUARD FIDUCIARY TRUST CO	334,573334,573	$159M	0.49%	NEW
23	Epoch Investment Partners, Inc.	331,137331,137	$157M	0.48%	TRIM -13%
24	MAD RIVER INVESTORS	285,120285,120	$135M	0.41%	—
25	Amundi	279,786279,786	$133M	0.41%	ADD 12%
26	Douglass Winthrop Advisors, LLC	268,886268,886	$128M	0.39%	TRIM -19%
27	York GP, Ltd.	268,600268,600	$127M	0.39%	—
28	Tidal Investments LLC	266,310266,310	$126M	0.39%	NEW
29	BANK OF AMERICA CORP /DE/	264,740264,740	$126M	0.38%	ADD 143%
30	Champlain Investment Partners, LLC	252,962252,962	$120M	0.37%	NEW
31	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	237,252237,252	$113M	0.34%	—
32	DEUTSCHE BANK AG\	202,510202,510	$96M	0.29%	—
33	PRICE T ROWE ASSOCIATES INC /MD/	190,946190,946	$91M	0.28%	ADD 127%
34	Focus Partners Wealth	188,893188,893	$90M	0.27%	ADD 78%
35	JPMORGAN CHASE & CO	175,110175,110	$82M	0.25%	ADD 42%
36	Swiss National Bank	171,973171,973	$82M	0.25%	ADD 7%
37	Moors & Cabot, Inc.	170,484170,484	$81M	0.25%	—
38	Nuveen, LLC	161,414161,414	$77M	0.23%	ADD 5%
39	FIRST TRUST ADVISORS LP	155,810155,810	$74M	0.23%	ADD 23%
40	EagleClaw Capital Managment, LLC	151,894151,894	$72M	0.22%	ADD 4%
41	MSRH, LLC	149,458149,458	$71M	0.22%	—
42	PNC FINANCIAL SERVICES GROUP, INC.	146,982146,982	$70M	0.21%	TRIM -4%
43	WELLS FARGO & COMPANY/MN	137,565137,565	$65M	0.20%	ADD 22%
44	Mitsubishi UFJ Asset Management Co., Ltd.	131,091131,091	$62M	0.19%	ADD 7%
45	Vanguard Global Advisers, LLC	126,422126,422	$60M	0.18%	NEW
46	Sumitomo Mitsui Trust Group, Inc.	124,402124,402	$59M	0.18%	TRIM -7%
47	ROYAL BANK OF CANADA	121,247121,247	$58M	0.18%	ADD 130%
48	RHUMBLINE ADVISERS	119,098119,098	$57M	0.17%	TRIM -6%
49	BNP PARIBAS FINANCIAL MARKETS	119,008119,008	$56M	0.17%	ADD 10%
50	SEI INVESTMENTS CO	114,464114,464	$54M	0.17%	ADD 62%
51	LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE	112,895112,895	$54M	0.16%	—
52	Hodges Capital Management Inc.	105,315105,315	$50M	0.15%	—
53	BARCLAYS PLC	102,047102,047	$48M	0.15%	TRIM -8%
54	RAYMOND JAMES FINANCIAL INC	101,957101,957	$48M	0.15%	—
55	California Public Employees Retirement System	101,608101,608	$48M	0.15%	—
56	HighTower Advisors, LLC	100,065100,065	$47M	0.15%	—
57	HSBC HOLDINGS PLC	99,37399,373	$47M	0.14%	TRIM -44%
58	Pacer Advisors, Inc.	96,18996,189	$46M	0.14%	ADD 120%
59	DANSKE BANK A/S	95,25295,252	$45M	0.14%	TRIM -33%
60	OSAIC HOLDINGS, INC.	94,11194,111	$45M	0.14%	TRIM -2%
61	VANGUARD ASSET MANAGEMENT, Ltd	91,68291,682	$44M	0.13%	NEW
62	Blue Trust, Inc.	88,88088,880	$42M	0.13%	ADD 12%
63	Lagoda Investment Management, L.P.	86,22586,225	$41M	0.13%	TRIM -17%
64	CWA Asset Management Group, LLC	84,36184,361	$40M	0.12%	NEW
65	TOCQUEVILLE ASSET MANAGEMENT L.P.	76,17276,172	$36M	0.11%	TRIM -9%
66	One Charles Private Wealth Services, LLC	75,56575,565	$36M	0.11%	—
67	NEUBERGER BERMAN GROUP LLC	75,26475,264	$36M	0.11%	ADD 189%
68	Annex Advisory Services, LLC	75,04075,040	$36M	0.11%	ADD 134%
69	PRINCIPAL FINANCIAL GROUP INC	71,34371,343	$34M	0.10%	ADD 3%
70	JANE STREET GROUP, LLC	69,08369,083	$33M	0.10%	ADD 5820%
71	SUSQUEHANNA INTERNATIONAL GROUP, LLP	68,98768,987	$33M	0.10%	TRIM -56%
72	Advisory Services Network, LLC	68,37468,374	$32M	0.10%	—
73	AQR CAPITAL MANAGEMENT LLC	65,67365,673	$31M	0.10%	TRIM -68%
74	RWA WEALTH PARTNERS, LLC	64,63864,638	$31M	0.09%	TRIM -9%
75	FMR LLC	64,44064,440	$31M	0.09%	ADD 64%
76	LPL Financial LLC	61,52761,527	$29M	0.09%	ADD 21%
77	First Dallas Securities Inc.	59,55559,555	$28M	0.09%	TRIM -8%
78	STATE OF WISCONSIN INVESTMENT BOARD	57,41157,411	$27M	0.08%	TRIM -3%
79	US BANCORP \DE\	54,25754,257	$26M	0.08%	TRIM -6%
80	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	53,94053,940	$26M	0.08%	TRIM -4%
81	ASR Vermogensbeheer N.V.	52,58452,584	$25M	0.08%	—
82	AVIVA PLC	51,41151,411	$24M	0.07%	—
83	AMERICAN CENTURY COMPANIES INC	50,67950,679	$24M	0.07%	ADD 35%
84	HOWLAND CAPITAL MANAGEMENT LLC	49,71049,710	$24M	0.07%	—
85	SAPIENT CAPITAL LLC	47,95147,951	$23M	0.07%	—
86	Aberdeen Group plc	47,95047,950	$23M	0.07%	ADD 4%
87	Korea Investment CORP	47,83247,832	$23M	0.07%	ADD 70%
88	Essex Financial Services, Inc.	47,82847,828	$23M	0.07%	ADD 5%
89	FRANKLIN RESOURCES INC	47,78147,781	$23M	0.07%	ADD 3%
90	CITIGROUP INC	47,50547,505	$23M	0.07%	ADD 11%
91	SG Americas Securities, LLC	46,95746,957	$22M	0.07%	ADD 409%
92	WELLINGTON MANAGEMENT GROUP LLP	45,80645,806	$22M	0.07%	ADD 11%
93	BANK OF MONTREAL /CAN/	44,81944,819	$21M	0.06%	TRIM -11%
94	MGO ONE SEVEN LLC	44,54544,545	$21M	0.06%	—
95	COMMONWEALTH EQUITY SERVICES, LLC	44,12144,121	$21M	0.06%	ADD 15%
96	Lido Advisors, LLC	44,01344,013	$21M	0.06%	ADD 123%
97	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	42,86742,867	$20M	0.06%	ADD 10%
98	SPROTT INC.	42,08042,080	$20M	0.06%	ADD 24%
99	Atlas Wealth Partners, LLC	39,84939,849	$19M	0.06%	—
100	Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P.	39,30939,309	$19M	0.06%	—

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

HORIZON KINETICS ASSET MANAGEMENT LLC

3.6M

3.5M

10.3M

10.0M

$4.8B

BlackRock, Inc.

1.8M

1.9M

1.8M

6.0M

$2.8B

STATE STREET CORP

1.2M

1.1M

1.2M

3.6M

3.8M

$1.8B

VANGUARD CAPITAL MANAGEMENT LLC

—

3.8M

$1.8B

VANGUARD PORTFOLIO MANAGEMENT LLC

—

3.1M

$1.5B

GEODE CAPITAL MANAGEMENT, LLC

622K

583K

606K

579K

1.8M

1.6M

$772M

FIRST MANHATTAN CO. LLC.

338K

1.0M

1.1M

$504M

SoftVest Advisors, LLC

393K

394K

1.2M

1.1M

$504M

MORGAN STANLEY

284K

262K

283K

238K

728K

964K

$458M

Invesco Ltd.

300K

292K

275K

284K

856K

622K

$295M

Pacific Heights Asset Management LLC

165K

185K

620K

$294M

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

180K

183K

184K

193K

593K

613K

$291M

NORTHERN TRUST CORP

225K

215K

205K

202K

554K

545K

$259M

UBS Group AG

195K

179K

153K

137K

456K

474K

$225M

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

74K

91K

113K

377K

447K

$212M

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	856	50,202,787	72.8%	$23.8B
2025-Q4	726	49,623,226	71.9%	$14.3B
2025-Q3	712	16,371,591	23.7%	$15.3B
2025-Q2	731	16,388,687	23.8%	$17.3B
2025-Q1	747	16,168,086	23.4%	$21.3B
2024-Q4	682	16,158,774	23.4%	$17.9B
2024-Q3	593	15,208,704	22.0%	$13.4B
2024-Q2	566

Short interest has its own tab now — open SI →

Activists & large holders· Schedule 13D/G beneficial owners · TPL

Activists — 13D, active intent

HORIZON KINETICS ASSET MANAGEMENT LLC14.7%▲ +0.2ppSCHEDULE 13D/A · Amd 11 · event 2026-05-05SEC →

10,109,933 shares · 2 reporting persons

Large holders — 13G, passive (top 4 by % of class)

Holder	% of class	Type	As of
BlackRock, Inc.	7.9%	QII	2024-12-31	SEC →
VANGUARD CAPITAL MANAGEMENT LLC	6.3%	QII	2026-03-31	SEC →

TPL US Equity☆

Institutional ownership· 13F filers holding TPL · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · TPL

Institutional ownership· 13F filers holding TPL · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · TPL

TPL US Equity