Horizon Kinetics (NYSE: TPL) adds to Texas Pacific Land position
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a ten percent owner of Texas Pacific Land Corp, purchased 1 share of common stock on July 17, 2026 at $420.15 per share, bringing its directly reported holdings to 3,263,678 shares. A recent Schedule 13D amendment reported beneficial ownership of 10,109,933 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1 shares
Net Buy
1 txn
Insider
HORIZON KINETICS ASSET MANAGEMENT LLC
Role
10% Owner
Bought
1 shs ($420.15)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 1 | $420.15 | $420.15 |
Holdings After Transaction:
Common Stock — 3,263,678 shares (Direct)
Footnotes (1)
- F1. On May 7, 2026, Horizon Kinetics Asset Management LLC ("HKAM") filed an amendment to its Schedule 13D wherein it reported beneficial ownership of 10,109,933 shares. The extent of HKAM's pecuniary interest in the shares reported in the Schedule 13D are disclosed herein.
Key Figures
Shares purchased: 1 share
Purchase price: $420.15 per share
Direct holdings after transaction: 3,263,678 shares
+1 more
4 metrics
Shares purchased
1 share
Common Stock purchased on July 17, 2026
Purchase price
$420.15 per share
Price per share in this open-market purchase
Direct holdings after transaction
3,263,678 shares
Directly reported Texas Pacific Land common stock following the trade
Beneficial ownership per Schedule 13D
10,109,933 shares
Beneficial ownership reported in Schedule 13D amendment filed May 7, 2026
Key Terms
Schedule 13D, beneficial ownership, pecuniary interest
3 terms
Schedule 13D regulatory
"filed an amendment to its Schedule 13D wherein it reported"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficial ownership regulatory
"wherein it reported beneficial ownership of 10,109,933 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"The extent of HKAM's pecuniary interest in the shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Horizon Kinetics report for Texas Pacific Land (TPL)?
Horizon Kinetics Asset Management reported buying 1 share of Texas Pacific Land common stock on July 17, 2026 at $420.15 per share, a very small addition relative to its overall reported stake in the company.
At what price was the recent Texas Pacific Land (TPL) insider purchase executed?
The purchase was executed at a price of $420.15 per share for 1 share of Texas Pacific Land common stock. This per-share price comes directly from the transaction details reported for July 17, 2026.
What is Horizon Kinetics’ beneficial ownership in Texas Pacific Land (TPL)?
An amendment to Horizon Kinetics’ Schedule 13D filed on May 7, 2026 reported 10,109,933 shares of beneficial ownership in Texas Pacific Land. This amount reflects broader economic exposure beyond the directly held 3,263,678 shares in the Form 4.
Was Horizon Kinetics’ Texas Pacific Land (TPL) trade made under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox for this transaction was not marked, indicating the reported Texas Pacific Land share purchase was not designated as executed under a pre-established 10b5-1 trading plan framework.