Gold Royalty, Wave Life Sciences, and More Stocks See Action From Activist Investors -- Barrons.com

Dow Jones
04/04

These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from March 26 through April 1, 2026. Source: VerityData

Increases in Holdings

Gold Royalty (GROY) Tether Holdings raised its stake in the gold-focused royalty company to 30,300,000 shares. Tether Holdings did so through the purchase of 1,062,469 Gold Royalty shares from Feb. 10 through Feb. 13 at per share prices ranging from $4.30 to $4.48.

Following the latest purchases, Tether Holdings continues to own a 13.5% stake in Gold Royalty's outstanding stock. Shares of Gold Royalty have lost roughly 8.7% of their value in 2026.

Wave Life Sciences(WVE) RA Capital Management raised its stake in the biotechnology company to 34,225,506 shares. RA Capital Management did so through the purchase of 8,772,496 Wave Life Sciences shares from March 26 through March 30 at per share prices ranging from $5.37 to $6.74.

Following the latest purchases, RA Capital Management continues to own a 17.5% stake in Wave Life Sciences' outstanding stock. Shares of Wave Life Sciences have lost roughly 56.7% of their value in 2026.

Decreases in Holdings

Texas Pacific Land $(TPL)$ Horizon Kinetics lowered its stake in the land and resource management company to 10,050,070 shares. Horizon Kinetics did so through the sale of 208,820 Texas Pacific Land shares from Jan. 23 through March 24 at per share prices ranging from $337.19 to $535.78, and slightly offset those sales through the purchase of 3,605 shares over the same period at prices ranging from $336.70 to $534.88.

Following the latest sales, Horizon Kinetics continues to own a 14.6% stake in Texas Pacific Land's outstanding stock. Shares of Texas Pacific Land have gained roughly 49.4% in value in 2026.

Ramaco Resources$(METC)$ Yorktown Energy Partners IX lowered its stake in the coal producer to 2,694,564 shares. Yorktown Energy Partners did so through the sale of 402,570 Ramaco Resources shares from March 5 through March 23 at per share prices ranging from $12.71 to $15.60.

Following the latest sales, Yorktown Energy Partners continues to own a 4.8% stake in Ramaco Resources' outstanding stock, placing Yorktown Energy Partners below the 5% threshold that would require it to report further sales. Shares of Ramaco Resources have lost approximately 20.4% of their value in 2026.

Talos Energy $(TALO)$ Carlos Slim lowered his stake in the oil-and-gas company to 41,233,604 shares. The Mexican billionaire did so through the sale of 2,312,000 Talos Energy shares from March 26 through March 27 at per share prices ranging from $16.50 to $16.90.

Following the latest sales, Carlos Slim continues to own a 24.5% stake in Talos Energy's outstanding stock. Shares of Talos Energy have gained roughly 32.7% in value in 2026.

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(END) Dow Jones Newswires

April 03, 2026 13:45 ET (17:45 GMT)

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