Vanguard Portfolio Management LLC filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 3,530,140 shares of Texas Pacific Land Corp common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Portfolio Management reported 3,530,140 shares of Texas Pacific Land Corp common stock, representing 5.11% of the class.
  • Sole dispositive power: Vanguard Portfolio Management holds sole power to dispose of all 3,530,140 shares reported.
  • Sole voting power: Only 15,072 shares carry sole voting power for the reporting person; shared voting power is reported as zero.
  • Shared dispositive power: Shared dispositive power is reported as zero.
  • Affiliates included: The filing states it covers securities held through Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, per SEC Release No. 34-39538.
  • No controlling intent: The filing certifies the securities "were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

Vanguard Portfolio Management's Disclosed Position in Texas Pacific Land Corp

According to the Schedule 13G filed October 30, 2026, Vanguard Portfolio Management, organized in Pennsylvania and headquartered at 100 Vanguard Blvd., Malvern, PA 19355, reported aggregate beneficial ownership of 3,530,140 shares of Texas Pacific Land Corp (CUSIP 88262P102) common stock. The event triggering the filing is dated September 30, 2026. The reporting person is classified as an investment adviser (Type: IA) for purposes of the filing.

The filing discloses that sole voting power applies to only 15,072 of the 3,530,140 shares, while sole dispositive power covers the full 3,530,140 shares. Both shared voting power and shared dispositive power are reported as zero. The filing notes that the disclosure reflects securities held by Vanguard funds and managed accounts, and that the position also covers affiliates Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, consistent with SEC Release No. 34-39538 dated January 12, 1998. The filing explicitly states that it does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC whose ownership is disaggregated under that release.

Regarding dividend and proceeds rights, the filing states that "Vanguard Portfolio Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein," and that no single other person's interest exceeds 5%. The statement was signed by My Trieu-Gatt, identified as Authorized Signatory, Head of Global Fund Administration, on October 30, 2026.

What Was Disclosed

Vanguard Portfolio Management filed a Schedule 13G reporting beneficial ownership of 3,530,140 shares, or 5.11%, of Texas Pacific Land Corp common stock as of September 30, 2026, with sole dispositive power over all reported shares and sole voting power over 15,072 shares.