Horizon Kinetics adds to Texas Pacific Land (TPL) stake with small share buy

NodeGuardian · 2026-03-22T01:18:03+00:00

Horizon Kinetics Asset Management LLC reported purchasing one share of Texas Pacific Land at $527.28, increasing its total to 3,467,929 shares after a recent stock split. The filing notes related beneficial ownership linked to Murray Stahl, who does not control the securities.

NodeGuardian

2026-03-22 01:18:03

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Horizon Kinetics Asset Management LLC, a greater than ten percent owner of Texas Pacific Land (TPL), reported a small open-market purchase of 1 share of TPL common stock at $527.28 per share. Following this transaction, the firm directly holds 3,467,929 shares, with a footnote clarifying that these figures reflect a three-for-one stock split effective December 22, 2025. The filing also references broader beneficial ownership detailed in a prior Schedule 13D, including interests associated with Murray Stahl, specifying that Mr. Stahl does not exercise investment discretion over the issuer’s securities.

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