TEXAS PACIFIC LAND CORPORATI

Ticker: TPL CUSIP: 88262P102 Class: COMMON STOCK

SCS Capital Management LLC's Holding History (CIK: 0001303159)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 732 Value ($000) $210 Avg Close $305.03 Range $269.23 - $348.98

Q3 2025

Shares 389 Value ($000) $363 Avg Close $313.93 Range $280.85 - $358.87

Q2 2025

Shares 316 Value ($000) $334 Avg Close $407.01 Range $327.33 - $475.01

Q1 2025

Shares 244 Value ($000) $323 Avg Close $443.26 Range $370.80 - $485.16

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	732	$210	$305.03	$269.23 - $348.98
Q3 2025	389	$363	$313.93	$280.85 - $358.87
Q2 2025	316	$334	$407.01	$327.33 - $475.01
Q1 2025	244	$323	$443.26	$370.80 - $485.16