Horizon Kinetics Asset Management LLC filed a Form 4 with the SEC on August 24, 2026, disclosing a purchase of Texas Pacific Land Corp common stock on August 21, 2026.

Key Highlights

  • Reporting Person: Horizon Kinetics Asset Management LLC, identified as a 10% owner of Texas Pacific Land Corp (NYSE:TPL).
  • Transaction Date: The purchase was executed on August 21, 2026.
  • Shares Purchased: 1 share of common stock was acquired at a price of $381.51.
  • Post-Transaction Holdings: Following the transaction, Horizon Kinetics Asset Management LLC reported direct beneficial ownership of 3,244,015 shares.
  • Prior 13D Disclosure: On May 7, 2026, the firm filed an amendment to its beneficial ownership report disclosing 10,109,933 shares at that time.

Horizon Kinetics Discloses Common Stock Purchase in Texas Pacific Land Corp

According to the filing, Horizon Kinetics Asset Management LLC, a New York-based investment management firm located at 1270 Avenue of the Americas, 27th Floor, New York, New York 10020, executed a purchase of 1 share of Texas Pacific Land Corp common stock on August 21, 2026 at a price of $381.51 per share. The transaction code recorded in the filing is "P," indicating an open-market purchase. Following this transaction, the firm reported direct beneficial ownership of 3,244,015 shares of common stock.

Texas Pacific Land Corp, listed on the New York Stock Exchange under the ticker symbol TPL, is engaged in land and resource management operations. The filing identifies Horizon Kinetics Asset Management LLC as a greater-than-10% owner of the issuer. The firm signed the filing through Jay Kesslen, attorney-in-fact, on August 24, 2026.

The filing includes an explanatory note stating that on May 7, 2026, Horizon Kinetics Asset Management LLC filed an amendment to its Schedule 13D in which it reported beneficial ownership of 10,109,933 shares. The note further states that "the extent of HKAM's pecuniary interest in the shares reported in the Schedule 13D is disclosed herein," according to the filing. No derivative securities transactions were reported in the filing.

What Was Disclosed

The filing reported a single open-market purchase of 1 share of Texas Pacific Land Corp common stock at $381.51, executed on August 21, 2026, by Horizon Kinetics Asset Management LLC, with resulting direct beneficial ownership of 3,244,015 shares.