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MAD RIVER INVESTORS
> TPL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | TEXAS PACIFIC LAND TRUST | TPL | 40,748 | -5,568 | 61,379,141,000 | 61,310,222,000 | $1,506,310.52 |
| 06/30/2022 | TEXAS PACIFIC LAND TRUST | TPL | 46,316 | 100 | 68,919,000 | 6,430,000 | $1,488.02 |
| 03/31/2022 | TEXAS PACIFIC LAND TRUST | TPL | 46,216 | -4,947 | 62,489,000 | -1,407,000 | $1,352.11 |
| 12/31/2021 | TEXAS PACIFIC LAND TRUST | TPL | 51,163 | -2,240 | 63,896,000 | -21,535,000 | $1,248.87 |
| 09/30/2021 | TEXAS PACIFIC LAND TRUST | TPL | 53,403 | 0 | 85,431,000 | 0 | $1,599.74 |
| 06/30/2021 | TEXAS PACIFIC LAND TRUST | TPL | 53,403 | -1,063 | 85,431,000 | -1,139,000 | $1,599.74 |
| 03/31/2021 | TEXAS PACIFIC LAND TRUST | TPL | 54,466 | 54,466 | 86,570,000 | 86,570,000 | $1,589.43 |
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