13F Insight
DOSSIER · 13F-HR · Q2 2026

SoftVest Advisors, LLC

$921M in tracked AUM across 9 positions as of Q2 2026.

SA
CIK 0001803391 · last filed Jun 30, 2026
Total AUM
$921M
as of Q2 2026
Holdings
9
—
positions
Whale Score
78
78
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026
Comprehensive Analysis of SoftVest Advisors, LLC 13F Filing
Portfolio Overview

SoftVest Advisors, LLC has reported a drastic shift in its portfolio composition for the quarter ending September 30, 2025. The firm executed a major capital rotation, reducing total portfolio value by 52.4%, from $795.26 million to $378.45 million. This reduction was not driven solely by market performance but by active divestment, as evidenced by the exit from three major positions and a near-complete liquidat...

Key Holdings

The portfolio is currently dominated by Texas Pacific Land Corporation (TPL), which constitutes 97.10% of the total value at $367.48 million. The firm increased its stake in TPL slightly by 0.1%, adding approximately $48.00 million. This position represents a massive, directional bet on the underlying value of TPL, which operates as a land royalty company in the Permian Basin.

The second holding is the SPDR S&P 500 Oil & Gas Exploration & Production ETF (XOP), accounting for the remaining 2.90% ($10.97 million). However, this position was aggressively reduced during the quarter by 93.7%, a liquidation of roughly $154.83 million. The retention of a small stake in XOP suggests the managers wish to maintain minor exposure to the broader oil and gas sector, possibly as a liquidity hedge or a tactical overlay to the core TPL position.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
TPL
TEXAS PACIFIC LAND CORPORATI
$675M1.5M73.3%02
PBT
PERMIAN BASIN RTY TR
$156M6.2M16.9%03
XOP
SPDR SERIES TRUST
$28M180K3.0%04
USO
UNITED STS OIL FD LP
$21M200K2.3%05
TLT
ISHARES TR
$19M223K2.1%06
SPY
STATE STR SPDR S&P 500 ETF T
$14M19K1.5%07
CRT
CROSS TIMBERS RTY TR
$8M925K0.9%

Filing history

2026Q2Jun 30
$921M▲ 5.6%
9 positionsView →2026Q1Mar 31
$872M▲ 91.6%
5 positionsView →2025Q4Dec 31
$455M▲ 20.3%
3 positionsView →2025Q3Sep 30
$378M▼ 52.4%
2 positionsView →2025Q2Jun 30
$795M▼ 26.2%
6 positionsLocked2025Q1Mar 31
$1.1B▲ 8.5%
5 positionsLocked2024Q4Dec 31
$993M▲ 64.8%
10 positionsLocked2024Q3Sep 30
$603M▲ 69.6%
6 positionsLocked2024Q2Jun 30
$355M▲ 20.1%
4 positionsLocked2024Q1Mar 31
$296M▼ 1.4%
4 positionsLocked2023Q4Dec 31
$300M▼ 16.9%
5 positionsLocked2023Q3Sep 30
$361M▲ 24.8%
6 positionsLocked
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