undamentalytics Newsletter

TXO Partners, L.p.: which funds bought and sold

Institutions that bought and sold TXO Partners shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 22 institutions that filed 13F reports for both quarters added to or opened positions in TXO Partners, and 29 cut or closed them. Together they sold a net 2.5M shares, −16.0% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 20K shares (−0.4%); index fund managers held the same number of shares overall. 5 opened a new position and 12 sold out entirely.

Bought, Q2 2026 22 institutions, 5 of them new holders Sold, Q2 2026 29 institutions, 12 of them sold out
Net change, all compared −2.5M shares (−16.0%)
Net change, active managers −20K shares (−0.4%), 2 bought, 1 sold

Buyers versus sellers

institutions compared, 63
Active managers and hedge funds 2 bought · 1 sold · −20K
Index fund managers 0 bought · 0 sold · 0
Other institutions 20 bought · 28 sold · −2.5M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Energy Income Partners, LLC +187K +12.9% 1.6M $20.5M
Deroy & Devereaux Private Investment Counsel Inc +41K +19.6% 247K $3.1M
Hennessy Advisors Inc +39K New position 39K $487,500
Stifel Financial Corp +35K +10.3% 370K $4.6M
ING Groep NV +28K +5.6% 532K $6.7M
Bramshill Investments, LLC +28K +46.0% 88K $1.1M
Raymond James Financial Inc +27K +8.0% 357K $4.5M
Mariner, LLC +23K New position 23K $292,201
Boston Partners Active manager +21K New position 21K $264,030
Cambridge Investment Research Advisors, Inc. +13K +95.5% 26K $326,000
Cannell & Spears LLC +10K +76.9% 23K $287,500
Waterway Wealth Management, LLC +3,900 +19.5% 24K $298,750
Citadel Advisors LLC Hedge fund +2,469 +0.7% 342K $4.3M
Royal Bank Of Canada +1,309 +130.9% 2,309 $29,000
Osbon Capital Management LLC +1,177 New position 1,177 $14,712
Osaic Holdings, Inc. +1,056 +93.8% 2,182 $27,276
Cwa Asset Management Group, LLC +692 +4.2% 17K $213,043
Apollon Wealth Management, LLC +251 +2.1% 12K $155,100
Tower Research Capital LLC (TRC) +29 New position 29 $362
Larson Financial Group LLC +24 +2.6% 954 $11,930

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
CIBC Bancorp Usa Inc. −574K −28.0% 1.5M $18.5M
Jpmorgan Chase & Co −482K Sold out 0 —
Bank Of America Corp −335K −89.5% 39K $491,512
Global Endowment Management, LP −334K Sold out 0 —
Sanders Morris Harris LLC −279K Sold out 0 —
Goldman Sachs Group Inc −208K −27.9% 536K $6.7M
Morgan Stanley −167K −16.0% 874K $10.9M
HRT Financial LP −101K −73.8% 36K $450,000
Susquehanna International Group, LLP −84K −87.3% 12K $152,125
Jane Street Group, LLC −84K −80.3% 21K $256,575
UBS Group AG −67K −42.8% 90K $1.1M
Cushing Asset Management, LP Dba Nxg Investment Management −50K −8.6% 531K $6.6M
Xtx Topco Ltd −49K Sold out 0 —
American Century Companies Inc Active manager −44K −2.9% 1.4M $18M
Citigroup Inc −40K Sold out 0 —
Glenmede Trust Co Na −21K −20.3% 83K $1M
First Trust Advisors LP −20K −3.9% 497K $6.2M
M&T Bank Corp −20K Sold out 0 —
Wealthedge Investment Advisors, LLC −14K Sold out 0 —
Virtu Financial LLC −10K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Hennessy Advisors Inc 39K $487,500
Mariner, LLC 23K $292,201
Boston PartnersActive manager 21K $264,030
Osbon Capital Management LLC 1,177 $14,712
Tower Research Capital LLC (TRC) 29 $362

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Jpmorgan Chase & Co 482K $6.2M
Global Endowment Management, LP 334K $4.2M
Sanders Morris Harris LLC 279K $3.5M
Xtx Topco Ltd 49K $612,910
Citigroup Inc 40K $498,772
M&T Bank Corp 20K $251,600
Wealthedge Investment Advisors, LLC 14K $173,830
Virtu Financial LLC 10K $127,000
Simplex Trading, LLC 1,267 $15,938
Advisory Services Network, LLC 900 $11,325

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
52
Ten largest holders
82.5%
of 13F-reported shares
Index fund managers
0.0%
of 13F-reported shares
Active managers and hedge funds
36.7%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 2 1 1 0 −20K −0.4%
Index fund managers 0 0 0 0 0 —
Other institutions 20 28 4 12 −2.5M −23.0%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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