Ownership history in HORIZON KINETICS ASSET MANAGEMENT LLC Β· 70 quarters on record
This page tracks every 13F SEC filing in which HORIZON KINETICS ASSET MANAGEMENT LLC reported a position in TEXAS PACIFIC LAND CORPORATI (TPL). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β sourced directly from SEC EDGAR 13F filings.
π HORIZON KINETICS ASSET MANAGEMENT LLC outperformed the S&P 500 by +4.1% annually on this TPL position. Timing score: 49% (19/39 decisions correct). Average cost basis: $117.79. Maximum drawdown during holding period: β62.3%.
β
Outperformed SPY on this position by 4.1% ann.
11 quarters analyzed
β‘οΈ Neutral timing β roughly coin-flip accuracy on add/trim calls.
19 of 39 add/trim decisions correct
Best entry: $0.78 (1999 Q3) Β· Worst: $286.89 (2025 Q4)
πͺ Held through 6 major drawdowns (>20%). Diamond-hands conviction.
7 adds Β· 33 trims. Bought during 3 of 24 down-price quarters. π Predominantly trimming β distribution phase.
π Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 40.14% of portfolio
β Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ 4 (annualised). Not investment advice.
As of 2025 Q4 β sorted by position size