HORIZON KINETICS ASSET MANAGEMENT LLC

CIK: 0001056823

HORIZON KINETICS ASSET MANAGEMENT LLC is a corporate insider at TEXAS PACIFIC LAND TRUST (TPL) filing SEC Form 4 transactions. 949 transactions across 2 companies, totaling $14,588,481 in purchases and $0 in sales. Source: SEC EDGAR.

AI Insider Summary

Horizon Kinetics' insider record at Texas Pacific Land (TPL) is distinctive for its direction — code-P open-market purchases, including TPL bought at $394.84 and recurring RCG buys at $2.82 and $2.75. As a long-horizon institutional holder, Horizon's tape is accumulation, the opposite of the typical insider record.

The P code is the key: this is genuine accumulation by an institution famous for concentrated, long-term positions, not vesting mechanics or selling. TPL's two associated lines (428 and 360 transactions) underscore how central it is to Horizon's book.

For TPL readers, Horizon Kinetics is a conviction buyer; the ~$395 purchase level and the steady RCG buying are the datapoints that distinguish this record from a typical insider's sell history.

Analysis generated by 13F Insight from SEC Form 4 filing data. Methodology
Total Transactions
949
Total Buy Value
$14.59M
Total Sell Value
$0
Net Activity
+$14.59M
Last Transaction
Sep 2026
Companies
2

Companies

Transaction History

Source: SEC EDGAR Form 4 insider transaction filings.

Type
Purchase
Shares
4
Price
$340.96
Value
$1K
Type
Purchase
Shares
1
Price
$340.12
Value
$340
Type
Purchase
Shares
756
Price
$3.04
Value
$2K
Type
Purchase
Shares
1
Price
$339.72
Value
$340
Type
Purchase
Shares
756
Price
$3.02
Value
$2K
Type
Purchase
Shares
1
Price
$340.28
Value
$340
Type
Purchase
Shares
756
Price
$3.04
Value
$2K
Type
Purchase
Shares
756
Price
$3.05
Value
$2K
Type
Purchase
Shares
1
Price
$352.95
Value
$353
Type
Purchase
Shares
1
Price
$361.36
Value
$361
Type
Purchase
Shares
756
Price
$3.05
Value
$2K
Type
Purchase
Shares
756
Price
$3.05
Value
$2K
Type
Purchase
Shares
1
Price
$348.98
Value
$349
Type
Purchase
Shares
756
Price
$3.04
Value
$2K
Type
Purchase
Shares
1
Price
$351.34
Value
$351
Type
Purchase
Shares
756
Price
$3.04
Value
$2K
Type
Purchase
Shares
1
Price
$349.35
Value
$349
Type
Purchase
Shares
1
Price
$352.36
Value
$352
Type
Purchase
Shares
756
Price
$3.04
Value
$2K
Type
Purchase
Shares
1
Price
$370.59
Value
$371