Murray Stahl's TPL Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 10.5M shares of Texas Pacific Land Corporation (TPL) worth $3.27 B, representing 39.89% of the portfolio. First purchased in 2021-Q1, this medium-term investment has been held for 19 quarters.
Based on 13F filings, Murray Stahl has maintained a strategic position in TPL, demonstrating sustained confidence in this investment. Largest reduction occurred in Q1 2024, reducing 719.6K shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Texas Pacific Land Corporation (TPL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Texas Pacific Land Corporation (TPL) Trades by Murray Stahl
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2021 | +4.67 M | New Buy | 14.02 M | $176.60 |
| Q2 2021 | -95,535 | Reduce 0.68% | 13.93 M | $177.75 |
| Q3 2021 | -73,944 | Reduce 0.53% | 13.85 M | $134.37 |
| Q4 2021 | -194,832 | Reduce 1.41% | 13.66 M | $138.76 |
| Q1 2022 | -8,577 | Reduce 0.06% | 13.65 M | $150.23 |
| Q2 2022 | -97,443 | Reduce 0.71% | 13.55 M | $165.34 |
| Q3 2022 | -144,774 | Reduce 1.07% | 13.41 M | $197.47 |
| Q4 2022 | -506,799 | Reduce 3.78% | 12.9 M | $260.47 |
| Q1 2023 | -127,314 | Reduce 0.99% | 12.77 M | $189.00 |
| Q2 2023 | -137,385 | Reduce 1.08% | 12.63 M | $146.28 |
| Q3 2023 | -210,564 | Reduce 1.67% | 12.42 M | $202.62 |
| Q4 2023 | -375,444 | Reduce 3.02% | 12.05 M | $174.72 |
| Q1 2024 | -719,646 | Reduce 5.97% | 11.33 M | $192.84 |
| Q2 2024 | -245,868 | Reduce 2.17% | 11.08 M | $244.76 |
| Q3 2024 | -186 | Reduce 0.00% | 11.08 M | $294.91 |
| Q4 2024 | -263,358 | Reduce 2.38% | 10.82 M | $368.65 |
| Q1 2025 | -34,467 | Reduce 0.32% | 10.79 M | $441.66 |
| Q2 2025 | -52,677 | Reduce 0.49% | 10.73 M | $352.13 |
| Q3 2025 | -218,517 | Reduce 2.04% | 10.51 M | $311.21 |
Murray Stahl's Texas Pacific Land Corporation Investment FAQs
Murray Stahl first purchased Texas Pacific Land Corporation (TPL) in Q1 2021, acquiring 14,021,406 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Texas Pacific Land Corporation (TPL) for 19 quarters since Q1 2021. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's largest addition to Texas Pacific Land Corporation (TPL) was in Q1 2021, adding 14,021,406 shares worth $2.48 B. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 10,514,076 shares of Texas Pacific Land Corporation (TPL), valued at approximately $3.27 B. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Texas Pacific Land Corporation (TPL) represents approximately 39.89% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's peak holding in Texas Pacific Land Corporation (TPL) was 14,021,406 shares, as reported at the end of Q1 2021. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.