SoftVest Advisors, LLC
CIK 1803391 · View on SEC EDGAR ↗
- Portfolio value
- $921.1M
- Positions
- 9
- As of
- June 30, 2026
Portfolio value QoQ: +5.6% 13F does not disclose cash
- Top 10 holdings weight
- 100.00%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 7
- Effective number of positions
- 3.0
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.0% Est. buys $87,455,215 · sells $0
Median holding: 2.0 quarters Tracked Q1 2025–Q2 2026 · 81.8% still held
- New positions
- 4
- Increased
- 2
- Decreased
- 0
- Closed
- 2
Put-notional exposure: 29.1% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 17.9%
Sector breakdown
Full portfolio 9 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TPL Texas Pacific Land Corporation Common Stock | $464,817,006 | 50.47% | 1,062,099 | $-39,212,695 | |||
| TPL Texas Pacific Land Corporation Common Stock | $210,154,728 | 22.82% | 480,200 | Put option | $16,012,232 | Up ×1 | |
| PBT Permian Basin Royalty Trust Common Stock | $155,676,359 | 16.90% | 6,217,107 | $21,884,216 | |||
| XOP | $27,766,800 | 3.01% | 180,000 | Put option | $-4,962,600 | ||
| TLT iShares 20+ Year Treasury Bond ETF | $19,183,080 | 2.08% | 222,800 | Call option | Up ×1 | ||
| USO | $15,966,000 | 1.73% | 150,000 | Put option | Up ×1 | ||
| SPY SPY | $13,815,245 | 1.50% | 18,500 | Put option | |||
| CRT Cross Timbers Royalty Trust Common Stock | $8,361,638 | 0.91% | 924,960 | $977,930 | Up ×1 | ||
| USO | $5,322,000 | 0.58% | 50,000 | Call option | Up ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| TLT | $19,183,080 | 222,800 | 2.08% |
| USO | $15,966,000 | 150,000 | 1.73% |
| SPY | $13,815,245 | 18,500 | 1.50% |
| USO | $5,322,000 | 50,000 | 0.58% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPY | Sept. 30, 2025 | 200,000 | $123,570,000 | No longer tracked |
| ARLP | Sept. 30, 2025 | 500,000 | $13,070,000 | 4.1% |