# Texas Pacific Land (TPL): value investors who own it

1 value investor held Texas Pacific Land in their Q3 2026 13F, led by Horizon Kinetics. See who bought, sold and how ownership has changed by quarter.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Horizon Kinetics | 48.6% | $4.3bn | Trimmed -2.1% | 22 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-09-29 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 4 | $1k |
| 2026-09-28 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-25 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-24 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-23 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-22 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-21 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-18 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-17 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-16 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-15 | DOYLE PETER | Director | Bought | 5 | $2k |
| 2026-09-15 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-14 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-11 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-10 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-09 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-08 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-04 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-03 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |
| 2026-09-02 | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | Bought | 1 | $0k |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Horizon Kinetics Inflation Beneficiaries ETF | Horizon Kinetics | 5.1% | $74.6m | 2026-06-30 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/tpl). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.