Filing Details

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 TEXAS PACIFIC LAND TRUST Units of beneficial Interests in Texas Pacific Land Trust 882610108 December 31, 2016 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: X Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) NOTE:The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. CUSIP No. 882610108 1. Names of Reporting Persons. HODGES CAPITAL HOLDINGS, INC. 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Texas 5. Sole Voting Power: 0 6. Shared Voting Power: 224,940 7. Sole Dispositive Power: 0 8. Shared Dispositive Power: 312,280 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 312,280 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9): 3.9% 12. Type of Reporting Person: HC CUSIP No. 882610108 1. Names of Reporting Persons. CRAIG D. HODGES 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization MR. HODGES IS A UNITED STATES CITIZEN 5. Sole Voting Power: 0 6. Shared Voting Power: 224,940 7. Sole Dispositive Power: 0 8. Shared Dispositive Power: 312,280 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 312,280 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9): 3.9% 12. Type of Reporting Person (See Instructions): IN CUSIP No. 882610108 1. Names of Reporting Persons. First Dallas Securities, Inc. 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Texas 5. Sole Voting Power: 0 6. Shared Voting Power: 0 7. Sole Dispositive Power: 0 8. Shared Dispositive Power: 38,873 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 38,873 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9): 0.4% 12. Type of Reporting Person (See Instructions): IA, BD CUSIP No. 882610108 1. Names of Reporting Persons. Hodges Capital Management, Inc. 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Texas 5. Sole Voting Power: 0 6. Shared Voting Power: 218,890 7. Sole Dispositive Power: 0 8. Shared Dispositive Power: 267,357 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 267,357 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9): 3.3% 12. Type of Reporting Person (See Instructions): IA CUSIP No. 882610108 1.Names of Reporting Persons. Hodges Fund, A Series of professionally Managed Portfolios 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Massachusetts 5. Sole Voting Power: 0 6. Shared Voting Power: 90,000 7. Sole Dispositive Power: 0 8. Shared Dispositive Power: 90,000 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 90,000 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9): 1.1% 12. Type of Reporting Person (See Instructions): IV CUSIP No. 882610108 1.Names of Reporting Persons. Hodges Small Cap Fund, A Series of professionally Managed Portfolios 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Massachusetts 5. Sole Voting Power: 0 6. Shared Voting Power: 128,890 7. Sole Dispositive Power: 0 8. Shared Dispositive Power: 128,890 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 128,890 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9): 1.6% 12. Type of Reporting Person (See Instructions): IV Item 1. (a) Name of Issuer: Texas Pacific Land Trust (b) Address of Issuer's Principal Executive Offices: 1700 Pacific Avenue Suite 2770 Dallas, TX 75201 Item 2. (a) Name of Person Filing: Hodges Capital Holdings, Inc.("HCHI") Craig D. Hodges First Dallas Securities, Inc.("FDSI") Hodges Capital Management, Inc.("HCM") Hodges Fund Hodges Small Cap Fund (b) Address of Principal Business Office or, if none, Residence: 2905 Maple Ave. Dallas, Texas 75201 (b) Citizenship: Hodges Capital Holdings, Inc. is a Texas corporation. Craig D. Hodges is a citizen of the United States. First Dallas Securities, Inc. is a Texas corporation. Hodges Capital Management is a Texas corporation. Hodges Fund is a series of a Massachusetts business trust. Hodges Small Cap Fund is a series of a Massachusetts business trust. (d) Title of Class of Securities: Units of beneficial Interests in Texas Pacific Land Trust (e) CUSIP Number: 882610108 Item 3. If this statement is filed pursuant to SS240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (g) X A parent holding company or control person in accordance with S 240.13d-1(b)(1)(ii)(G). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Hodges Capital Holdings, Inc. 312,280 Craig D. Hodges 312,280 First Dallas Securities, Inc. 38,873 Hodges Capital Management, Inc. 267,357 Hodges Fund 90,000 Hodges Small Cap Fund 128,890 (b) Percent of class: Hodges Capital Holdings, Inc. 3.9% Craig D. Hodges 3.9% First Dallas Securities, Inc. 0.4% Hodges Capital Management, Inc. 3.3% Hodges Fund 1.1% Hodges Small Cap Fund 1.6% The calculation of the percentage of beneficial ownership of the Company's units of beneficial interest is based upon 7,950,961 shares outstanding on November 3, 2016, as disclosed by the Company in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2016. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: Hodges Capital Holdings, Inc 0 Craig D. Hodges 0 First Dallas Securities, Inc. 0 Hodges Capital Management, Inc. 0 Hodges Fund 0 Hodges Small Cap Fund 0 (ii) Shared power to vote or to direct the vote: Hodges Capital Holdings, Inc. 224,940 Craig D. Hodges 224,940 First Dallas Securities, Inc. 0 Hodges Capital Management, Inc. 218,890 Hodges Fund 90,000 Hodges Small Cap Fund 128,890 (iii) Sole power to dispose or to direct the disposition of: Hodges Capital Holdings, Inc 0 Craig D. Hodges 0 First Dallas Securities, Inc. 0 Hodges Capital Management, Inc. 0 Hodges Fund 0 Hodges Small Cap Fund 0 Hodges Blue Chip 25 Fund 0 Hodges Small Intrinsic Value Fd 0 Hodges Small-Mid Cap Fund 0 (iv) Shared power to dispose or to direct the disposition of: Hodges Capital Holdings, Inc. 312,280 Craig D. Hodges 312,280 First Dallas Securities, Inc. 38,873 Hodges Capital Management, Inc. 267,357 Hodges Fund 90,000 Hodges Small Cap Fund 128,890 The reported are shares of beneficial Interests. All 312,280 of the reported shares collectively, the ("reported Shares") may be deemed as beneficially owned by HCHI, which is the owner of FDSI and HCM, and Craig D. Hodges, who is the controlling shareholder of FDHI. 38,873 of the Reported Shares are held in seperate accounts managed by FDSI, each of which, individually, owns less than 1% of the common stock of the Issuer(each a "Separate Account"). FDSI is a registered broker-dealer and an investment adviser registered with the SEC. 48,467 of the Reported Shares are held in Separate Accounts managed by HCM, which is also an investment adviser registered with the SEC. 90,000 of the Reported Shares are held by the Hodges Fund, 128,890 of the Reported Shares are held by the Hodges Small Cap Fund both of which are series of Professionally Managed Portfolios, an investment company registered under the Investment Company Act of 1940. The investment adviser to all of these funds is HCM, which may be deemed to be a beneficial owner of the funds' Reported Shares. Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. x Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person First Dallas Securities, Inc. is wholly-owned by First Dallas Holdings, Inc., and is a registered investment adviser in accordance with S 240.13d-1(b)(1)(ii)(E) Hodges Capital Management, Inc. is wholly-owned by First Dallas Holdings, Inc., and is a registered investment adviser in accordance with S 240.13d-1(b)(1)(ii)(E) Item 8. Identification and Classification of Members of the Group Not Applicable. Item 9. Notice of Dissolution of Group Not Applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Exhibits Exhibit 1: Joint Filing Agreement dated February 10, 2016, among HCHI, Craig D. Hodges, FDSI, HCM, Hodges Fund and Hodges Small Cap Fund. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 24, 2017 Craig D. Hodges Chairman