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User

Marty Whitman

Third Avenue Management

Third Avenue Management TEXAS PACIFIC LAND TRUST stake

total: 405

Third Avenue Management TPL-OLD trades

Total transactions:
4
New positions:
1
Sold out:
1
Reduced:
2
Held since:
2014 Q1
Held for:
3 quarters
Latest activity:
2014 Q4
According to 2026 Q2 report, Third Avenue Management doesn't hold any TEXAS PACIFIC LAND TRUST (TPL-OLD) shares. To date, the estimated cost basis is nearly $129.48 for "buy" trades and estimated average "sell" price is $191.76. Third Avenue Management first purchased TPL-OLD in 2014 Q1, initially acquiring 8,936 shares. Since the initial investment in TEXAS PACIFIC LAND TRUST (TPL-OLD), Third Avenue Management has made 3 more transactions.

When did Third Avenue Management sell TEXAS PACIFIC LAND TRUST (TPL-OLD)?

Third Avenue Management sold off the entire TEXAS PACIFIC LAND TRUST (TPL-OLD) position in 2014 Q4.

When did Third Avenue Management buy TEXAS PACIFIC LAND TRUST (TPL-OLD)?

Third Avenue Management first invested in TEXAS PACIFIC LAND TRUST (TPL-OLD) in 2014 Q1 at the reported quarter-end price of $129.48 per share.

What's the cost basis of Third Avenue Management's TPL-OLD stake?

The estimated cost basis for TEXAS PACIFIC LAND TRUST (TPL-OLD) stake is around $129.48 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$129.48
Weighted AVG sell price:
$191.76

Third Avenue Management's historical trades in TEXAS PACIFIC LAND TRUST

4 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2014 Q4
0.00%
$192.44
-100% (-8,543)
2014 Q3
0.03%
$192.44
-2.34% (-205)
2014 Q2
0.03%
$160.15
-2.10% (-188)
2014 Q1
0.02%
$129.48
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.