EnCap Partners GP, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), EnCap Partners GP, LLC reported 2 stock positions worth $382.8 million. Its top holding was Devon Energy (DVN) at 99.9% of the portfolio, followed by Diamondback Energy (FANG, 0.1%). Compared with Q3 2025, it reduced 1. The biggest sale was Diamondback Energy (FANG, shares −100%).

Most Recent 13F
Q4 2025
Location
Houston, TX
CIK
0001726182
Portfolio Value
$382.8M (Q4 2025)
SEC Filing
0001193125-26-054245 ↗ filed Feb 17, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q3 2024: $444.4M Q3 2024 Q4 2024: $385.3M Q4 2024 Q1 2025: $390.7M Q1 2025 Q2 2025: $481.5M Q2 2025 Q3 2025: $521.6M Q3 2025 Q4 2025: $382.8M $382.8M Q4 2025

Holdings 2 stocks · $382.8M

DVN Devon Energy Corp. 99.95% 10,446,138 $382.6M No change
FANG Diamondback Energy Inc. 0.05% 1,288 $194K Reduce -99.9%

Portfolio Sells Q3 2025 → Q4 2025

FANG Diamondback Energy Inc. Reduce -99.9% 0.05% −29.74

Portfolio Buys Q3 2025 → Q4 2025

None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 2$382.8MDVN, FANG
Q3 2025 2$521.6MDVN, FANG
Q2 2025 2$481.5MDVN, FANG
Q1 2025 1$390.7MDVN
Q4 2024Amended 2$385.3MDVN, EXE
Q3 2024 2$444.4MDVN, SWN