Form 4: Horizon Kinetics Asset Management LLC Increases Stake in Texas Pacific Land Corp

Horizon Kinetics Asset Management LLC reports acquiring one share of Texas Pacific Land Corp common stock at $1,316.07, increasing its holdings to 1,166,990 shares.

Summary

• On February 3, 2025, Horizon Kinetics Asset Management LLC acquired one share of Texas Pacific Land Corp common stock.
• The purchase price was $1,316.07 per share.
• Following the transaction, Horizon Kinetics Asset Management LLC beneficially owns 1,166,990 shares of Texas Pacific Land Corp.
• Murray Stahl's direct interest is 7,848 shares and his indirect interest is approximately 156,083 shares.
• Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a transaction without expressing any positive or negative outlook. It's a factual report of a share purchase.

Management Comments

• Murray Stahl does not exercise investment discretion with respect to the securities of the Issuer.

Industry Context

This filing indicates continued investment activity by a major shareholder in Texas Pacific Land Corp, which could be seen as a positive signal by the market.

Stakeholder Impact

• The increased stake by Horizon Kinetics Asset Management LLC could be viewed positively by shareholders.

Key Dates

Keywords

Texas Pacific Land Corp, Horizon Kinetics Asset Management LLC, Beneficial Ownership, Form 4, TPL, Share Acquisition, Investment