LandBridge Corp (LB) shareholders
LBNYSEOil Royalty TradersFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 10/30281% above fair value
$72.90+6.66 (+10.05%)
Close on Nov 11, 2026Market cap $2.13BP/E 62.3Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
36.9%
28M of 77M shares
Institutional holders
193
34 new, 25 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
3 buys · 8 sales
Net sold $716.43M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Five Point Energy Fund II AIV-VII LP Joint filing with Five Point Energy GP III LP (69.60%), Five Point Energy Fund III AIV-VIII LP (69.60%) and 5 more | 53,277,852 | 69.60% | 13D (active) amendment | Dec 19, 2024 |
| David N. Capobianco Joint filing with LandBridge Holdings LLC (67.10%), Five Point Energy Fund II AIV-VII LP (67.10%) and 5 more | 51,241,496 | 67.10% | 13D (active) amendment | May 23, 2025 |
| LandBridge Holdings LLC Joint filing with Five Point Energy Fund II AIV-VII LP (61.40%), Five Point Energy Fund III AIV-VIII LP (61.40%) and 5 more | 47,168,908 | 61.40% | 13D (active) amendment | Aug 7, 2026 |
| First Manhattan Management LLC Joint filing with First Manhattan Co. LLC. (26.30%), FMC Group Holdings LP (26.30%) | 6,668,804 | 26.30% | 13G (passive) amendment | Oct 31, 2025 |
| Horizon Kinetics Holding Corp Joint filing with Horizon Kinetics Asset Management LLC (19.70%) | 5,838,385 | 19.70% | 13G (passive) amendment | Sep 30, 2026 |
| Horizon Kinetics Asset Management LLC | 5,632,113 | 22.20% | 13G (passive) amendment | Sep 9, 2025 |
| FMR LLC Joint filing with Abigail P. Johnson (8.50%) | 1,970,455 | 8.50% | 13G (passive) amendment | Dec 31, 2024 |
| Abigail P. Johnson Joint filing with FMR LLC (6.40%) | 1,775,450 | 6.40% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| First Manhattan Co. LLC. | 7,082,845 | 9.19% | $561.24M | +25,617 | 1.43% |
| Horizon Kinetics Asset Management LLC | 5,821,263 | 7.55% | $461.28M | +164,129 | 5.23% |
| FMR LLC | 1,775,450 | 2.30% | $140.69M | +440,622 | 0.01% |
| T. Rowe Price Investment Management, Inc. | 1,276,671 | 1.66% | $101.16M | New | 0.07% |
| Vanguard Portfolio Management LLC | 1,267,116 | 1.64% | $100.41M | +27,218 | 0.00% |
| William Blair Investment Management, LLC | 1,235,265 | 1.60% | $97.88M | +347,799 | 0.29% |
| Morgan Stanley | 731,836 | 0.95% | $57.99M | −743,991 | 0.00% |
| Schwartz Investment Counsel Inc | 644,716 | 0.84% | $51.09M | +51,825 | 1.70% |
| Hood River Capital Management LLC | 592,619 | 0.77% | $46.96M | −28,456 | 0.34% |
| UBS Group AG | 573,587 | 0.74% | $45.45M | −59,582 | 0.01% |
| Df Dent & Co Inc | 567,536 | 0.74% | $44.97M | +69,729 | 0.85% |
| Two Sigma Investments, LP | 518,850 | 0.67% | $41.11M | −26,627 | 0.03% |
| Cortland Associates Inc/Mo | 384,317 | 0.50% | $30.45M | −14,391 | 4.40% |
| Raymond James Financial Inc | 376,807 | 0.49% | $29.86M | +13,695 | 0.01% |
| Captrust Financial Advisors | 281,951 | 0.37% | $22.34M | +7,392 | 0.03% |
| Mad River Investors | 267,953 | 0.35% | $21.23M | +1,568 | 7.92% |
| Moors & Cabot, Inc. | 251,704 | 0.33% | $19.95M | +27,710 | 0.78% |
| Ashford Capital Management Inc | 234,860 | 0.30% | $18.61M | −13,680 | 2.00% |
| One Charles Private Wealth Services, LLC | 224,152 | 0.29% | $17.76M | −11,613 | 4.09% |
| Wells Fargo & Company/Mn | 222,604 | 0.29% | $17.64M | +34,349 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 193 | 28M | 36.9% | 34 / 72 | 58 / 25 | 4M | 2M |
| Q1 2026 | 187 | 27M | 35.4% | 60 / 77 | 32 / 20 | 5M | 5M |
| Q4 2025 | 150 | 28M | 36.2% | 34 / 63 | 37 / 37 | 4M | 1M |
| Q3 2025 | 156 | 25M | 32.8% | 30 / 70 | 41 / 30 | 5M | 4M |
| Q2 2025 | 156 | 25M | 32.6% | 33 / 83 | 26 / 21 | 3M | 2M |
| Q1 2025 | 145 | 23M | 30.4% | 42 / 64 | 25 / 20 | 8M | 3M |
| Q4 2024 | 124 | 19M | 25.2% | 84 / 27 | 11 / 16 | 7M | 2M |
| Q3 2024 | 59 | 15M | 19.5% | 42 / 9 | 4 / 19 | 4M | 3M |
| Q2 2024 | 37 | 15M | 18.9% | 37 / 0 | 0 / 0 | 15M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
62 funds held LB in Q2 2026, 28% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of LB | Value | % of fund | As of |
|---|---|---|---|---|---|
| Horizon Kinetics Inflation Beneficiaries ETF | 1,285,033 | 1.67% | $101.83M | 6.91% | Jun 30, 2026 |
| Vanguard Real Estate Index Fund | 1,059,103 | 1.37% | $82.10M | 0.11% | Jul 31, 2026 |
| Kinetics Paradigm Portfolio | 916,400 | 1.19% | $72.62M | 6.12% | Jun 30, 2026 |
| Fidelity Dividend Growth Fund | 738,100 | 0.96% | $57.22M | 0.48% | Jul 31, 2026 |
| T. Rowe Price Small-Cap Stock Fund, Inc. | 569,123 | 0.74% | $45.10M | 0.49% | Jun 30, 2026 |
| Hood River Small-Cap Growth Fund | 564,760 | 0.73% | $44.75M | 0.67% | Jun 30, 2026 |
| Kinetics Small Cap Opportunities Portfolio | 395,044 | 0.51% | $31.30M | 5.91% | Jun 30, 2026 |
| Ave Maria Value Fund | 379,895 | 0.49% | $30.10M | 5.61% | Jun 30, 2026 |
| Fidelity Small Cap Growth Fund | 379,628 | 0.49% | $29.43M | 0.33% | Jul 31, 2026 |
| T. Rowe Price Institutional Small-Cap Stock Fund | 305,562 | 0.40% | $24.21M | 0.48% | Jun 30, 2026 |
| 1290 VT Small Cap Value Portfolio | 240,000 | 0.31% | $19.02M | 4.03% | Jun 30, 2026 |
| Fidelity Small Cap Growth K6 Fund | 192,906 | 0.25% | $14.95M | 0.33% | Jul 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 185,824 | 0.24% | $14.41M | 0.13% | Jul 31, 2026 |
| Kinetics Market Opportunities Portfolio | 166,000 | 0.22% | $13.15M | 4.34% | Jun 30, 2026 |
| Fidelity Capital Appreciation Fund | 164,900 | 0.21% | $12.78M | 0.16% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jason Thomas Long | See Remarks, Director | 210,479 | 0.27% | Aug 6, 2026 |
| Scott Lloyd McNeely | See Remarks | 84,017 | 0.11% | Aug 6, 2026 |
| Harrison Fenner Bolling | See Remarks | 71,294 | 0.09% | Aug 6, 2026 |
| Jason Frederick Williams | See Remarks | 68,447 | 0.09% | Aug 6, 2026 |
| Point Energy Fund III AIV-VIII LP Five | Director, 10% owner | 48,593,505 | 63.04% | Aug 11, 2026 |
| Holdings LLC LandBridge | Director, 10% owner | – | – | Aug 11, 2026 |
| Point Energy GP II LP Five | Director, 10% owner | 53,141,496 | 68.94% | Aug 11, 2026 |
| Point Energy GP III LP Five | Director, 10% owner | 48,593,505 | 63.04% | Aug 11, 2026 |
| Point Energy Fund II AIV-VII LP Five | Director, 10% owner | – | – | Aug 11, 2026 |
| David N. Capobianco | Director, 10% owner | 48,418,908 | 62.81% | Aug 11, 2026 |
| Point Energy GP II LLC Five | Director, 10% owner | 48,418,908 | 62.81% | Aug 11, 2026 |
| Point Energy GP III LLC Five | Director, 10% owner | – | – | Aug 11, 2026 |
| Charles L. Watson | Director | 75,704 | 0.10% | Aug 6, 2026 |
| Ty P. Daul | Director | 20,295 | 0.03% | Aug 6, 2026 |
| Andrea Liria Nicolas | Director | 11,454 | 0.01% | Aug 6, 2026 |
| Valerie Chase | Director | 14,397 | 0.02% | Aug 6, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Point Energy GP II LLC Five Director, 10% owner | Aug 7, 2026 | Conversion | +1,250,000 | – | – | 1,250,000 |
| Point Energy GP II LLC Five Director, 10% owner | Aug 7, 2026 | Sale | −1,250,000 | $75.05 | $93.81M | 0 |
| Point Energy GP II LLC Five Director, 10% owner | Aug 7, 2026 | Other | −1,250,000 | – | – | 47,168,908 |
| David N. Capobianco Director, 10% owner | Aug 7, 2026 | Other | −1,250,000 | – | – | 47,168,908 |
| David N. Capobianco Director, 10% owner | Aug 7, 2026 | Conversion | +1,250,000 | – | – | 1,250,000 |
| David N. Capobianco Director, 10% owner | Aug 7, 2026 | Sale | −1,250,000 | $75.05 | $93.81M | 0 |
| Charles L. Watson Director | Aug 4, 2026 | Award | +1,900 | – | – | 11,454 |
| Jason Thomas Long See Remarks, Director | Aug 4, 2026 | Award | +20,358 | – | – | 210,479 |
| Harrison Fenner Bolling See Remarks | Aug 4, 2026 | Award | +13,572 | – | – | 71,294 |
| Jason Frederick Williams See Remarks | Aug 4, 2026 | Award | +13,572 | – | – | 68,447 |
| Andrea Liria Nicolas Director | Aug 4, 2026 | Award | +1,900 | – | – | 11,454 |
| Ty P. Daul Director | Aug 4, 2026 | Award | +1,900 | – | – | 20,295 |
| Valerie Chase Director | Aug 4, 2026 | Award | +1,900 | – | – | 14,397 |
| Scott Lloyd McNeely See Remarks | Aug 4, 2026 | Award | +14,929 | – | – | 84,017 |
| Scott Lloyd McNeely See Remarks | Jul 1, 2026 | Tax withholding | −12,188 | $72.30 | $881.19K | 69,088 |
| Jason Frederick Williams See Remarks | Jul 1, 2026 | Tax withholding | −9,758 | $72.30 | $705.50K | 54,875 |
| Harrison Fenner Bolling See Remarks | Jul 1, 2026 | Tax withholding | −9,152 | $72.30 | $661.69K | 57,722 |
| Jason Thomas Long See Remarks, Director | Jul 1, 2026 | Tax withholding | −33,425 | $72.30 | $2.42M | 190,121 |
| Charles L. Watson Director | Mar 6, 2026 | Sale | −13,000 | $75.00 | $975.00K | 64,250 |
| Charles L. Watson Director | Mar 4, 2026 | Sale | −9,670 | $75.19 | $727.09K | 77,250 |
| Charles L. Watson Director | Mar 2, 2026 | Sale | −30,680 | $74.07 | $2.27M | 86,920 |
| Scott Lloyd McNeely See Remarks | Jan 6, 2026 | Buy | +549 | $45.49 | $24.97K | 81,276 |
| Jason Thomas Long See Remarks, Director | Jan 5, 2026 | Buy | +2,143 | $46.59 | $99.84K | 223,546 |
| Harrison Fenner Bolling See Remarks | Jan 5, 2026 | Buy | +850 | $46.84 | $39.81K | 66,874 |
| Point Energy GP III LP Five Director, 10% owner | Nov 18, 2025 | Other | −2,500,000 | – | – | 48,593,505 |
| Point Energy GP III LP Five Director, 10% owner | Nov 18, 2025 | Sale | −2,500,000 | $70.00 | $175.00M | 0 |
| Point Energy GP III LP Five Director, 10% owner | Nov 18, 2025 | Conversion | +2,500,000 | – | – | 2,500,000 |
| Point Energy Fund III AIV-VIII LP Five Director, 10% owner | Nov 18, 2025 | Sale | −2,500,000 | $70.00 | $175.00M | 0 |
| Point Energy Fund III AIV-VIII LP Five Director, 10% owner | Nov 18, 2025 | Other | −2,500,000 | – | – | 48,593,505 |
| Point Energy Fund III AIV-VIII LP Five Director, 10% owner | Nov 18, 2025 | Conversion | +2,500,000 | – | – | 2,500,000 |
| David N. Capobianco Director, 10% owner | Nov 18, 2025 | Conversion | +2,500,000 | – | – | 2,500,000 |
| David N. Capobianco Director, 10% owner | Nov 18, 2025 | Sale | −2,500,000 | $70.00 | $175.00M | 0 |
| David N. Capobianco Director, 10% owner | Nov 18, 2025 | Other | −2,500,000 | – | – | 48,593,505 |
| Ty P. Daul Director | Aug 27, 2025 | Award | +2,201 | – | – | 18,368 |
| Valerie Chase Director | Aug 27, 2025 | Award | +2,201 | – | – | 12,479 |
| Charles L. Watson Director | Aug 27, 2025 | Award | +2,201 | – | – | 9,554 |
| Andrea Liria Nicolas Director | Aug 27, 2025 | Award | +2,201 | – | – | 9,554 |
| Ty P. Daul Director | Aug 27, 2025 | Award | +3,895 | – | – | 20,048 |
| Andrea Liria Nicolas Director | Aug 27, 2025 | Award | +3,895 | – | – | 11,248 |
| Valerie Chase Director | Aug 27, 2025 | Award | +3,895 | – | – | 14,173 |
| Charles L. Watson Director | Aug 27, 2025 | Award | +3,895 | – | – | 11,248 |
| Jason Frederick Williams See Remarks | Jul 1, 2025 | Tax withholding | −9,757 | $66.38 | $647.67K | 64,633 |
| Harrison Fenner Bolling See Remarks | Jul 1, 2025 | Tax withholding | −8,366 | $66.38 | $555.34K | 66,024 |
| Jason Thomas Long See Remarks, Director | Jul 1, 2025 | Tax withholding | −33,424 | $66.38 | $2.22M | 221,403 |
| Scott Lloyd McNeely See Remarks | Jul 1, 2025 | Tax withholding | −12,187 | $66.38 | $808.97K | 80,727 |
| David N. Capobianco Director, 10% owner | May 23, 2025 | Conversion | +1,900,000 | – | – | 1,900,000 |
| David N. Capobianco Director, 10% owner | May 23, 2025 | Other | −1,900,000 | – | – | 51,241,496 |
| David N. Capobianco Director, 10% owner | May 23, 2025 | Sale | −1,900,000 | $75.25 | $142.98M | 0 |
| Point Energy GP II LP Five Director, 10% owner | May 23, 2025 | Conversion | +1,900,000 | – | – | 1,900,000 |
| Point Energy GP II LP Five Director, 10% owner | May 23, 2025 | Sale | −1,900,000 | $75.25 | $142.98M | 0 |
| Point Energy GP II LP Five Director, 10% owner | May 23, 2025 | Other | −1,900,000 | – | – | 51,241,496 |
| David N. Capobianco Director, 10% owner | Dec 19, 2024 | Returned to company | −2,498,751 | $60.03 | $150.00M | 53,227,852 |
| Point Energy GP III LP Five Director, 10% owner | Dec 19, 2024 | Returned to company | −2,498,751 | $60.03 | $150.00M | 53,227,852 |
| Andrea Liria Nicolas Director | Sep 13, 2024 | Award | +7,353 | – | – | 7,353 |
| Jason Thomas Long Chief Executive Officer, Director | Jul 15, 2024 | Award | +254,827 | – | – | 254,827 |
| Ty P. Daul Director | Jul 15, 2024 | Award | +7,353 | – | – | 16,153 |
| Scott Lloyd McNeely See Remarks | Jul 15, 2024 | Award | +92,914 | – | – | 92,914 |
| Harrison Fenner Bolling See Remarks | Jul 15, 2024 | Award | +74,390 | – | – | 74,390 |
| Charles L. Watson Director | Jul 15, 2024 | Award | +7,353 | – | – | 7,353 |
| Valerie Chase Director | Jul 15, 2024 | Award | +7,353 | – | – | 10,278 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
5.13%
4M shares short
Days to cover
15.7
At 0M shares a day
Change since last report
+1.5%
From 4M shares
Short volume, 20 days
38.2%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of LandBridge's stock actually held short. Settlement fails (shares not delivered on time) peaked at 18,272 shares on Oct 14, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Holdings LLC LandBridge 10% Stockholder | Aug 7, 2026 | 1,250,000 | $94.25M | Aug 7, 2026 | Corporate reorganization and initial public offering |
| Holdings LLC LandBridge 10% shareholder | May 21, 2025 | 1,900,000 | $153.05M | May 21, 2025 | Corporate reorganization in connection with Issuer's initial public offering |
See a number that looks wrong?