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LandBridge Co LLC

LB
Exchange
NYSE
Industry
Oil Royalty Traders
SEC CIK
0001995807

In the last 90 days, LandBridge Co LLC insiders filed 0 open-market purchases and 1 sale; 192 institutions reported holding it in 13F filings for Q2 2026, worth $2.25B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in LandBridge Co LLC as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
150
−3 vs. Q3 2025
Shares held
27.9M
+2.65M (+10.5%) vs. Q3 2025
Total value
$1.37B
+$22.2M (+1.6%) vs. Q3 2025
New holders
34
63 more added
Sold out
37
37 more reduced

3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 150 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 37 institutionsQ3 2024: 59 institutionsQ4 2024: 124 institutionsQ1 2025: 145 institutionsQ2 2025: 156 institutionsQ3 2025: 156 institutionsQ4 2025: 150 institutionsQ1 2026: 187 institutionsQ2 2026: 192 institutions
Value heldQ4 2025: $1.37B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $337.4MQ3 2024: $588.3MQ4 2024: $1.25BQ1 2025: $1.68BQ2 2025: $1.69BQ3 2025: $1.35BQ4 2025: $1.37BQ1 2026: $1.89BQ2 2026: $2.25B
Institutions holding LB and their total value by quarter
QuarterHoldersValue
Q2 2026192$2.25B
Q1 2026187$1.89B
Q4 2025150$1.37B
Q3 2025156$1.35B
Q2 2025156$1.69B
Q1 2025145$1.68B
Q4 2024124$1.25B
Q3 202459$588.3M
Q2 202437$337.4M
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding LandBridge Co LLC; share changes are against Q3 2025.

Institutions holding LB in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
First Manhattan Co6,861,939$338.7M0.89%+1,330,099+24.0%Added
Horizon Kinetics Asset Management LLC5,642,766$276.4M3.74%+10,653+0.2%Added
Morgan Stanley4,894,992$239.8M0.01%−53,844−1.1%Reduced
Vanguard Group Inc861,815$42.2M0.00%+7,048+0.8%Added
FMR LLC813,748$39.9M0.00%−6,410−0.8%Reduced
William Blair Investment Management, LLC690,291$33.8M0.09%+690,291New
Hood River Capital Management LLC621,071$30.4M0.33%−49,615−7.4%Reduced
Schwartz Investment Counsel Inc592,891$29.0M1.02%+13,128+2.3%Added
DF Dent & Co Inc438,992$21.5M0.31%+438,992New
Cortland Associates Inc408,280$20.0M2.53%−4,163−1.0%Reduced
Raymond James Financial Inc388,303$19.0M0.01%−65,120−14.4%Reduced
Annex Advisory Services, LLC294,143$14.4M0.28%+23,324+8.6%Added
UBS Group AG274,851$13.5M0.00%−151,305−35.5%Reduced
Captrust Financial Advisors267,982$13.1M0.02%+610+0.2%Added
Mad River Investors262,934$12.9M5.87%+21,878+9.1%Added
One Charles Private Wealth Services, LLC236,707$11.6M3.00%−8,275−3.4%Reduced
Summit Street Capital Management, LLC227,258$11.1M1.75%−58,551−20.5%Reduced
Citadel Advisors LLC224,730$11.0M0.01%+122,421+119.7%Added
Goldman Sachs Group Inc214,771$10.5M0.00%+204,331+1,957.2%Added
Moors & Cabot, Inc.206,117$10.1M0.43%+9,738+5.0%Added
EagleClaw Capital Managment, LLC200,880$9.84M1.42%−1,460−0.7%Reduced
Amundi188,273$9.22M0.00%+188,273New
Millennium Management LLC151,003$7.40M0.01%+80,035+112.8%Added
Marshall Wace, LLP142,506$6.98M0.01%+142,506New
Wells Fargo & Company134,866$6.61M0.00%+34,433+34.3%Added
Cinctive Capital Management LP126,914$6.22M0.36%+71,425+128.7%Added
HighTower Advisors, LLC110,626$5.42M0.01%+26,014+30.7%Added
Tocqueville Asset Management L.P.103,450$5.07M0.07%−8,430−7.5%Reduced
Jane Street Group, LLC102,032$5.00M0.01%+23,066+29.2%Added
Seven Grand Managers, LLC100,000$4.90M0.37%00.0%Unchanged
Adage Capital Partners GP, L.L.C.100,000$4.90M0.01%+100,000New
MSRH, LLC93,866$4.60M5.13%+93,866New
Advisory Services Network, LLC88,681$4.34M0.06%+1,342+1.5%Added
Crawford Investment Counsel Inc88,347$4.33M0.07%+88,347New
Sprott Inc.85,193$4.17M0.15%+10,830+14.6%Added
Viking Fund Management LLC80,000$3.92M0.45%+40,000+100.0%Added
one8zero8, LLC72,903$3.57M0.78%+6,861+10.4%Added
AQR Capital Management LLC71,074$3.48M0.00%+4,289+6.4%Added
Promethium Advisors,llc68,037$3.33M1.80%+6,428+10.4%Added
SEI Investments Co67,360$3.30M0.00%+67,360New
Jefferies Financial Group Inc.58,477$2.86M0.02%+58,477New
Key Client Fiduciary Advisors, LLC52,094$2.55M0.88%+1,329+2.6%Added
Yaupon Capital Management LP51,258$2.51M0.12%+6,834+15.4%Added
Ghisallo Capital Management LLC50,219$2.46M0.11%−79,781−61.4%Reduced
BlackRock, Inc.49,877$2.44M0.00%+3,012+6.4%Added
HITE Hedge Asset Management LLC47,105$2.31M0.15%+30,023+175.8%Added
Two Sigma Investments, LP44,046$2.16M0.00%−146,420−76.9%Reduced
Balyasny Asset Management LLC42,735$2.09M0.00%+22,099+107.1%Added
Y-Intercept (Hong Kong) Ltd40,229$1.97M0.04%+5,700+16.5%Added
Atlas Wealth Partners, LLC37,433$1.83M2.02%+2,395+6.8%Added
Swiss National Bank37,400$1.83M0.00%+900+2.5%Added
Geode Capital Management, LLC32,419$1.59M0.00%+2,251+7.5%Added
Susquehanna International Group, LLP31,029$1.52M0.00%−14,600−32.0%Reduced
Rockefeller Capital Management L.P.29,736$1.46M0.00%−3,471−10.5%Reduced
Ipswich Investment Management Co., Inc.29,644$1.45M0.34%−6,448−17.9%Reduced
Resources Investment Advisors, LLC.26,997$1.32M0.01%−3,345−11.0%Reduced
Janney Montgomery Scott LLC25,507$1.25M0.00%−1,225−4.6%Reduced
Commonwealth Equity Services, LLC22,653$1.11M0.00%+1,557+7.4%Added
State Street Corp21,983$1.08M0.00%−3,540−13.9%Reduced
UBS Asset Management Americas Inc20,559$1.01M0.00%+2,953+16.8%Added
Two Sigma Advisers, LP19,800$970.0K0.00%−123,900−86.2%Reduced
Royal Bank of Canada19,701$966.0K0.00%−10,135−34.0%Reduced
Essex Financial Services, Inc.19,082$934.8K0.05%+778+4.3%Added
XTX Topco Ltd18,298$896.4K0.02%+18,298New
Santa Monica Partners LP18,000$882.0K0.53%−10,000−35.7%Reduced
Malaga Cove Capital, LLC17,388$851.8K0.29%+1,238+7.7%Added
Spears Abacus Advisors LLC17,340$849.5K0.02%+65+0.4%Added
Private Advisor Group, LLC17,277$846.4K0.00%−1,041−5.7%Reduced
Independent Advisor Alliance17,112$838.3K0.02%+456+2.7%Added
California State Teachers Retirement System16,483$807.5K0.00%00.0%Unchanged
Legal & General Group Plc16,104$788.9K0.00%+745+4.9%Added
Pecaut & Co.15,992$783.5K0.25%+10.0%Added
LPL Financial LLC15,321$750.6K0.00%−16,874−52.4%Reduced
Cetera Investment Advisers15,304$749.7K0.00%+480+3.2%Added
Advisor Group Holdings, Inc.15,117$740.6K0.00%+12,605+501.8%Added
Kingswood Wealth Advisors, LLC14,446$707.7K0.03%−25,917−64.2%Reduced
Apollon Wealth Management, LLC12,945$634.2K0.01%+39+0.3%Added
Blair William & Co12,475$611.1K0.00%+1,875+17.7%Added
Steward Partners Investment Advisory, LLC12,468$610.8K0.00%+2,243+21.9%Added
Engineers Gate Manager LP11,833$579.7K0.01%−15,120−56.1%Reduced
Squarepoint Ops LLC10,317$505.4K0.00%+10,317New
Lido Advisors, LLC8,711$461.2K0.00%+801+10.1%Added
Janus Henderson Group PLC9,025$441.9K0.00%00.0%Unchanged
Zuckerman Investment Group, LLC8,700$426.2K0.04%00.0%Unchanged
TB Alternative Assets Ltd.8,141$398.8K0.07%+8,141New
Pathstone Holdings, LLC7,885$386.3K0.00%−33−0.4%Reduced
Northern Trust Corp7,395$362.3K0.00%+184+2.6%Added
Chilton Capital Management LLC7,333$359.2K0.01%00.0%Unchanged
Oppenheimer Asset Management Inc.7,176$351.6K0.00%+7,176New
Childress Capital Advisors, LLC6,800$333.1K0.05%−1,450−17.6%Reduced
Tudor Investment Corp Et Al6,378$312.5K0.00%+6,378New
Stifel Financial Corp6,308$309.0K0.00%−6,521−50.8%Reduced
Bank of America Corp5,924$290.2K0.00%−136,468−95.8%Reduced
National Asset Management, Inc.5,921$290.1K0.01%+1,400+31.0%Added
Mariner, LLC5,771$282.7K0.00%−344−5.6%Reduced
Van Eck Associates Corp5,705$279.0K0.00%+1,547+37.2%Added
Atticus Wealth Management, LLC5,586$273.7K0.07%+107+2.0%Added
Arizona State Retirement System5,305$259.9K0.00%−277−5.0%Reduced
NCM Capital Management, LLC4,900$240.1K0.09%+1,100+28.9%Added
Stratos Wealth Partners, LTD.4,892$239.7K0.00%+5+0.1%Added