Texas Pacific Land Corporation
US ˙ NYSE

SecurityTPL / Texas Pacific Land Corporation
InstitutionBrown Advisory Inc
Latest Disclosed Ownership15,413 shares
Latest Disclosed Value $ 7,314,278
Brown Advisory Inc reports 25.17% decrease in ownership of TPL / Texas Pacific Land Corporation

On May 15, 2026 - Brown Advisory Inc filed a 13F-HR form disclosing ownership of 15,413 shares of Texas Pacific Land Corporation (US:TPL) valued at $7,314,393 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 20,598 shares of Texas Pacific Land Corporation. This represents a change in shares of -25.17% during the quarter. The current value of the position is $6,269,392 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 15,413 -5,185 -25.17 7,314 23.63 0.0054
2026-02-13 2025-12-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 20,598 13,235 179.75 5,916 -13.94 0.0083
2025-11-14 2025-09-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 7,363 -33 -0.45 6,875 -12.02 0.0089
2025-08-13 2025-06-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 7,396 -728 -8.96 7,813 -27.42 0.0103
2025-04-30 2025-03-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 8,124 -104 -1.26 10,764 18.30 0.0154
2025-02-14 2024-12-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 8,228 -54 -0.65 9,100 24.18 0.0115
2024-11-13 2024-09-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 8,282 4,581 123.78 7,327 169.67 0.0092
2024-08-14 2024-06-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 3,701 44 1.20 2,718 28.46 0.0036
2024-04-24 2024-03-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 3,657 2,435 199.26 2,116 10.10 0.0028
2024-02-08 2023-12-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,222 -3 -0.24 1,922 -13.97 0.0027
2023-10-25 2023-09-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,225 0 0.00 2,234 38.52 0.0037
2023-07-31 2023-06-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,225 3 0.25 1,613 -22.43 0.0025
2023-05-08 2023-03-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,222 0 0.00 2,079 -27.44 0.0035
2023-02-13 2022-12-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,222 0 0.00 2,865 31.86 0.0053
2022-11-14 2022-09-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,222 0 0.00 2,172 19.41 0.0042
2022-11-14 2022-06-30 13F/A-2 TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,222 -64 -4.98 1,819 4.66 0.0034
2022-09-13 2022-06-30 13F/A-1 TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,222 -64 1,819 0.0031
2022-08-02 2022-06-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,559 -64 2,072 0.0033
2022-11-14 2022-03-31 13F/A-2 TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,286 -194 -13.11 1,738 -5.95 0.0026
2022-09-13 2022-03-31 13F/A-1 TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,286 -194 1,738 0.0024
2022-05-09 2022-03-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,623 143 2,087 0.0028
2022-01-27 2021-12-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,480 -6 -0.40 1,848 2.84 0.0023
2021-11-12 2021-09-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,486 -17 -1.13 1,797 -25.25 0.0027
2021-07-29 2021-06-30 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,503 -1 -0.07 2,404 0.54 0.0036
2021-05-14 2021-03-31 13F TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,504 1,504 2,391 0.0041
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.