SoftVest Advisors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), SoftVest Advisors, LLC reported 3 stock positions worth $339.2 million. Its top holding was Texas Pacific Land (TPL) at 85.1% of the portfolio, followed by Permian Basin Royalty Trust (PBT, 14.5%) and Alliance Resource Partners (ARLP, 0.3%). Compared with Q1 2024, it added to 1 and reduced 1. The biggest buy was Permian Basin Royalty Trust (PBT, shares +2%) and the biggest sale Alliance Resource Partners (ARLP, shares −10%).

Most Recent 13F
Q2 2026
Location
ABILENE, TX
CIK
0001803391
Portfolio Value
$339.2M (Q2 2024)
SEC Filing
0001420506-24-001387 ↗ filed Aug 13, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $280.5M Q1 2024 Q2 2024: $339.2M $339.2M Q2 2024 Q3 2024: $401.7M Q3 2024 Q4 2024: $499.5M Q4 2024 Q1 2025: $565.0M Q1 2025 Q2 2025: $492.8M Q2 2025 Q3 2025: $480.9M Q3 2025 Q4 2025: $444.7M Q4 2025 Q1 2026: $645.2M Q1 2026 Q2 2026: $628.9M Q2 2026

Holdings 3 stocks · $339.2M

TPL Texas Pacific Land Corp. 85.14% 393,300 $288.8M No change
PBT Permian Basin Royalty Trust 14.53% 4,378,195 $49.3M Add +1.9%
ARLP Alliance Resource Partners 0.33% 45,200 $1.1M Reduce -9.6%

Options reported separately and not counted above: GLD puts ($16.1M).

Portfolio Sells Q1 2024 → Q2 2024

ARLP Alliance Resource Partners Reduce -9.6% 0.33% −0.03

Portfolio Buys Q1 2024 → Q2 2024

PBT Permian Basin Royalty Trust Add +1.9% 14.53% −4.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3$628.9MTPL, PBT, CRT
Q1 2026 3$645.2MTPL, PBT, CRT
Q4 2025 2$444.7MTPL, PBT
Q3 2025 2$480.9MTPL, PBT
Q2 2025 2$492.8MTPL, PBT
Q1 2025 2$565.0MTPL, PBT
Q4 2024 3$499.5MTPL, PBT, TLT
Q3 2024 3$401.7MTPL, PBT, ARLP
Q2 2024 3$339.2MTPL, PBT, ARLP
Q1 2024 3$280.5MTPL, PBT, ARLP