This activity is not economically significant and should not be interpreted as a bullish signal. Traders should focus on fundamental developments or corporate insider (officer/director) transactions for actionable signals.
Price Chart
Executive Summary
Horizon Kinetics Asset Management LLC made four small open-market purchases of 1 share each in Texas Pacific Land Corp (TPL) over the past week, totaling $2,093.85. The transactions are de minimis in value and represent routine portfolio activity rather than a material signal of confidence.
Key Financial Metrics
Key Facts
- Horizon Kinetics Asset Management LLC purchased 1 share of TPL on each of four days: 2026-02-27, 2026-03-02, 2026-03-03, and 2026-03-04
- Total shares purchased: 4 shares
- Total dollar value: $2,093.85
- All transactions were open-market purchases (P) at prices between $517.29 and $530.21
- Horizon Kinetics is an institutional asset manager, not a corporate insider (officer, director, or 10% owner)
Financial Impact
$2,094 in total open-market purchases, representing 0.0000057% of TPL's $37.0B market cap
Risk Factors
- Misinterpreting institutional buying by asset managers as insider sentiment
- Overreacting to nominal transaction counts without considering dollar magnitude
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (4 trades, 7d window) | cluster-TPL-1772740857842 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | DEFA14A | $333.46 | awaiting T+60 | — | $330.43 (−0.91%) |
Oct 16, 2026 10d ago | Institutional Cluster | $344.61 | awaiting T+60 | — | $330.43 (−4.11%) |
Oct 8, 2026 19d ago | DEFA14A | $360.98 | awaiting T+60 | — | $330.43 (−8.46%) |
Sep 25, 2026 4w ago | 8-K | $338.15 | awaiting T+60 | — | $330.43 (−2.28%) |
Sep 25, 2026 4w ago | DEFA14A | $338.15 | awaiting T+60 | — | $330.43 (−2.28%) |
Sep 25, 2026 4w ago | DEFA14A | $338.15 | awaiting T+60 | — | $330.43 (−2.28%) |
Sep 25, 2026 4w ago | DEF 14A | $338.15 | awaiting T+60 | — | $330.43 (−2.28%) |
Sep 17, 2026 5w ago | 144 | $347.20 | awaiting T+60 | — | $330.43 (−4.83%) |
Jun 23, 2026 18w ago | 8-K | $377.56 $347.20 | ▼ −8.04% | ▼ −10.88% | $330.43 (−12.48%) |
Jun 18, 2026 18w ago | Insider Cluster | $355.11 $365.27 | ▲ +2.86% | ▲ +0.97% | $330.43 (−6.95%) |
US Market Status
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