Security

TPL

Texas Pacific Land Corporati · COM

CUSIP 88262P102 Equity holders as of 2026 Q1 (each manager’s latest book)

grid → activity → earnings →
owners 7
max % 51.5%
tracked value $7B
qoq N 0 A 2 R 4

holders

sorted by % of portfolio · long equity only

manager % port activity shares value history
Murray Stahl - Horizon Kinetics Asset Management LLC 2026 Q1 51.5% Reduce +11.35 pp 10,015,379 $4.8B hist
Joel Greenblatt - Gotham Asset Management, LLC 2026 Q1 0.1% Reduce +0.01 pp 37,676 $18M hist
Vanguard Group Inc. 2025 Q4 0.0% Add 0.00 pp 7,556,966 $2.2B hist
Two Sigma Investments, LP 2025 Q4 0.0% Exit -0.01 pp 32,880 $9M hist
Ken Griffin - Citadel Advisors LLC 2026 Q1 0.0% Reduce 0.00 pp 25,250 $12M hist
Israel Englander - Millennium Management LLC 2026 Q1 0.0% Add 0.00 pp 11,831 $6M hist
D. E. Shaw & Co., Inc. 2026 Q1 0.0% Reduce 0.00 pp 1,123 $533 hist

7 tracked managers · options excluded

financials

US-GAAP annual · as tagged in Form 10-K · fiscal years · values link to the SEC filing

Income statement

line FY2023 FY2024 FY2025
Revenue $631.6M $705.82M $798.19M
Gross profit — — —
Gross margin — — —
Net income $405.64M $453.96M $481.38M
Net margin * 64.2% 64.3% 60.3%

Balance sheet

line FY2023 FY2024 FY2025
Total current assets $862.46M $503.37M $319.32M
Total non-current assets * $293.93M $744.65M $1.3B
Total assets $1.16B $1.25B $1.62B
Total current liabilities $44.39M $46.56M $72.6M
Total non-current liabilities * $68.82M $68.99M $91.77M
Total equity $1.04B $1.13B $1.46B

Cash flow

line FY2023 FY2024 FY2025
Cash from operations $418.29M $490.67M $545.91M
Cash from investing -$60.31M -$471.75M -$595.85M
Cash from financing -$144.61M -$378.09M -$176.04M
Net change in cash $213.37M -$359.17M -$225.98M

Source: SEC companyfacts (US-GAAP 10-K) · * = computed (not a single XBRL tag) · fiscal year as labeled by the issuer · not adjusted or audited by Follow-The-Filings · CIK 0001811074

ownership over time

filing count by report period · click a bar for that quarter’s holders