Kinetics Asset Management L... Net Worth

The estimated Net Worth of Kinetics Asset Management L... is at least $856 Million dollars as of 14 August 2024. Kinetics L owns over 3 units of Texas Pacific Land stock worth over $856,432,539 and over the last 6 years Kinetics sold TPL stock worth over $0.

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Kinetics L TPL stock SEC Form 4 insiders trading

Kinetics has made over 505 trades of the Texas Pacific Land stock since 2019, according to the Form 4 filled with the SEC. Most recently Kinetics bought 3 units of TPL stock worth $2,465 on 14 August 2024.

The largest trade Kinetics's ever made was buying 936 units of Texas Pacific Land stock on 19 June 2020 worth over $584,101. On average, Kinetics trades about 42 units every 4 days since 2019. As of 14 August 2024 Kinetics still owns at least 1,085,122 units of Texas Pacific Land stock.

You can see the complete history of Kinetics L stock trades at the bottom of the page.

What's Kinetics L's mailing address?

Kinetics's mailing address filed with the SEC is 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK, NY, 10016.

Insiders trading at Texas Pacific Land

Over the last 19 years, insiders at Texas Pacific Land have traded over $4,951,154 worth of Texas Pacific Land stock and bought 42,750 units worth $41,192,877 . The most active insiders traders include Murray Stahl, Karl F Kurz, and Robert M. Roosa. On average, Texas Pacific Land executives and independent directors trade stock every 5 days with the average trade being worth of $31,570. The most recent stock trade was executed by Murrayhorizon Kinetics Asse... on 10 September 2024, trading 12 units of TPL stock currently worth $9,538.

What does Texas Pacific Land do?

texas pacific land trust was created in 1888 as a result of a reorganization of the texas and pacific railway company following receivership. holders of texas and pacific railway company bonds received 3.5 million acres of land in texas which had been earned by the railroad and pledged as security against bonds. the bondholders created the trust and converted bonds to shares of proprietary interest in the trust. the trust was created to manage and sell the land. today the trust is one of the largest landowners in texas with around 888,333 acres located in eighteen different counties. texas pacific land trust derives revenue from all avenues of managing the land, i.e. oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales. the trust has a perpetual oil and gas royalty interest in some 459,200 acres.

Complete history of Kinetics L stock trades at Texas Pacific Land