TEXAS PACIFIC LAND CORPORATI

Ticker: TPL CUSIP: 88262P102 Class: COMMON STOCK

Retirement Systems of Alabama's Holding History (CIK: 0001593051)

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

Q4 2025

Shares 12,321 Value ($000) $3,539 Avg Close $305.03 Range $269.23 - $348.98

Q3 2025

Shares 4,119 Value ($000) $3,846 Avg Close $313.93 Range $280.85 - $358.87

Q2 2025

Shares 4,044 Value ($000) $4,272 Avg Close $407.01 Range $327.33 - $475.01

Q1 2025

Shares 4,049 Value ($000) $5,365 Avg Close $443.26 Range $370.80 - $485.16

Q4 2024

Shares 4,079 Value ($000) $4,511 Avg Close $405.98 Range $287.42 - $585.53

Q3 2024

Shares 22,892 Value ($000) $20,253 Avg Close $272.35 Range $239.54 - $317.56

Q2 2024

Shares 22,983 Value ($000) $16,876 Avg Close $204.79 Range $180.83 - $260.64

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,321	$3,539	$305.03	$269.23 - $348.98
Q3 2025	4,119	$3,846	$313.93	$280.85 - $358.87
Q2 2025	4,044	$4,272	$407.01	$327.33 - $475.01
Q1 2025	4,049	$5,365	$443.26	$370.80 - $485.16
Q4 2024	4,079	$4,511	$405.98	$287.42 - $585.53
Q3 2024	22,892	$20,253	$272.35	$239.54 - $317.56
Q2 2024	22,983	$16,876	$204.79	$180.83 - $260.64