EnCap Partners GP
Houston, TXfiles as EnCap Partners GP, LLC
$383m in 2 US stocks at the end of 31 December 2025. The top 10 are 100.0% of the money. It changed about 29.7% of the portfolio this quarter.
Value
$383m
Stocks
2
Top 10 share
100.0%
Turnover
29.7%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Diamondback EnergyFANG<0.1% of the fund-100%
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Devon EnergyDVN | 99.9% | $383m | 10,446,138 | Held |
| Diamondback EnergyFANG | <0.1% | $193,625 | 1,288 | -100% |
Over time and by industry
Value over time
Jun '25
Dec '25
Value is down 20.5% since 30 June 2025.
Where the money is
Energy100.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.