Texas Pacific Land Trust (TPL): Murray Stahl Adds More Shares to Texas-Sized Position

Page 2 of 12 SEC Filing

1. Names of Reporting Persons. Kinetics Advisers, LLC 13-4121163
2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ]
3. SEC Use Only
4. Source of Funds WC
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
6. Citizenship or Place of Organization New York
Number of Shares Beneficially Owned by Each Reporting Person With:		7. Sole Voting Power 54,462
		8. Shared Voting Power
		9. Sole Dispositive Power 54,462
		10. Shared Dispositive Power
11. Aggregate Amount Beneficially Owned by Each Reporting Person 54,462
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
13. Percent of Class Represented by Amount in Row (11) 0.7%
14. Type of Reporting Person IA

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