Horizon Kinetics Asset Management LLC Increases Stake in Texas Pacific Land Corp

On August 6, 2025, Horizon Kinetics Asset Management LLC (HKAM) filed a Form 4 with the SEC, disclosing an increase in its stake in Texas Pacific Land Corp (TPL). HKAM acquired 1 additional share of TPL common stock at a price of $955.47 per share, bringing its total holdings to 1,163,969 shares. This transaction reflects HKAM's continued investment in TPL. The filing also notes that Murray Stahl, associated with HKAM, has a direct interest in 7,848 shares and an indirect interest in approximately 156,083 shares. HKAM is a 10% owner of TPL, indicating a significant stake in the company. The filing was signed by Jay Kesslen, attorney-in-fact, on August 7, 2025.