EnCap Partners GP, LLC
CIK
1726182
Location
Houston, TX
Portfolio Value
Small
$382,835,659
Diversification
Highly concentrated
Filing Date
Global Rank
#3,085
/ 8,664
▼ 553
· as of Dec 2025
Top Industry
Oil & Gas E&P
100.0%
3Y Alpha vs SPY
-13.0%
Period ended 6 months ago
Filed Feb 17, 2026 · 5mo
6 quarters · since Sep 2024
Clone Performance
Nov 2024–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+10.4%
SPY
+28.3%
Annualised alpha
-10.1%
Max drawdown
−29.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
2 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025Top Position
99.9%
+29.7 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
9,990
Highly concentrated+4,173
Portfolio Trend
6 quarters · across all stocks
Sector Breakdown
As of Dec 31, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 100.0% | $382,835,659 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FANG | Diamondback Energy, Inc. | −1,084,666 | 1,288 | $193,625 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
2 positions ·
$382,835,659 total
· as of Dec 31, 2025
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| DVN |
Devon Energy Corp/De
Energy
|
Held | 10,446,138 | $382,642,034 | 99.95% | |
| FANG |
Diamondback Energy, Inc.
Energy
|
Reduced | 1,288 | $193,625 | 0.05% |