SoftVest Advisors, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| PERMIAN BASIN RTY TR(PBT) | 6,206,624 | 6,217,107 | +10,483 | 77,334,535 | 113,462,203 | 23.59% | +36,127,668 |
| ALLIANCE RESOURCE PARTNERS L(ARLP)(Call) | 500,000 | 0 | -500,000 | 13,070,000 | 0 | — | -13,070,000 |
| TEXAS PACIFIC LAND CORPORATI(TPL) | 393,300 | 393,600 | +300 | 415,478,187 | 367,480,704 | 76.41% | -47,997,483 |
| SPDR SERIES TRUST(Call) | 450,000 | 0 | -450,000 | 56,610,000 | 0 | — | -56,610,000 |
| SPDR SERIES TRUST(Put) | 868,000 | 83,000 | -785,000 | 109,194,400 | 10,972,600 | — | -98,221,800 |
| SPDR S&P 500 ETF TR(SPY)(Put) | 200,000 | 0 | -200,000 | 123,570,000 | 0 | — | -123,570,000 |