The National Pension Service sold 8,121 shares of Texas Pacific Land Corporation during the second quarter. This transaction represents a 49.1% reduction in the pension fund's stake. The sale was disclosed in a filing on September 14, 2026.
The pension service retains 8,428 shares with an approximate market value of $3.69 million. This divestment by a major institutional investor may signal bearish sentiment and increase selling pressure on the stock.
Total institutional ownership in Texas Pacific Land remains high at 59.94%. While the pension fund reduced its position, other institutional investors increased their holdings during the period. Analysts currently maintain a consensus Hold rating on the stock.