Who owns Kimbell Royalty Partners, LP (KRP)
Which tracked institutional funds hold KRP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See KRP company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on KRP is one-sided between 2025-Q4 and 2026-Q1: 58 added or opened and 16 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
KRP’s largest tracked holder by dollar value, EnCap Investments L.P., sizes it at 8.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 8.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in KRP divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 194 tracked filers holding KRP, 107 increased or opened the position and 66 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in KRP between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 9
- EnCap Investments L.P.$79M
- ALGERT GLOBAL LLC$18M
- VANGUARD PORTFOLIO MANAGEMENT LLC$12M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$7M
- Purpose Unlimited Inc.$3M
- VANGUARD ASSET MANAGEMENT, Ltd$943K
Full exits 6
- EnCap Energy Capital Fund VIII, L.P.$53M
- VANGUARD GROUP INC$7M
- Epoch Investment Partners, Inc.$2M
- Lifetime Wealth Management P.C.$2M
- Vestcor Inc$903K
- Verition Fund Management LLC$620K
Largest adds
- MILLENNIUM MANAGEMENT LLC$13M
- AMERICAN CENTURY COMPANIES INC$10M
- MARSHALL WACE, LLP$8M
- VAN ECK ASSOCIATES CORP$6M
- RAYMOND JAMES FINANCIAL INC$5M
- Point72 Asset Management, L.P.$4M
Largest trims
- ADAGE CAPITAL PARTNERS GP, L.L.C.$9M
- JANE STREET GROUP, LLC$4M
- CITADEL ADVISORS LLC$4M
- Mill Road Capital Management LLC$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$831K
- ExodusPoint Capital Management, LP$757K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| EnCap Investments L.P. new | 5,432,224 | $79M | 14.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 3,203,838 | $46M | 8.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,341,870 | $19M | 3.5% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 1,249,275 | $18M | 3.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,113,475 | $16M | 2.9% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 996,515 | $14M | 2.6% | 2026-Q1 |
| UBS Group AG trimmed | 923,958 | $13M | 2.4% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added | 895,498 | $13M | 2.3% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 844,810 | $12M | 2.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 819,883 | $12M | 2.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 683,116 | $10M | 1.8% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 596,687 | $9M | 1.6% | 2026-Q1 |
| PIN OAK INVESTMENT ADVISORS INC trimmed | 577,807 | $8M | 1.5% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 540,469 | $8M | 1.4% | 2026-Q1 |
| Yaupon Capital Management LP added | 515,100 | $7M | 1.3% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 511,748 | $7M | 1.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 487,745 | $7M | 1.3% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 472,916 | $7M | 1.2% | 2026-Q1 |
| Orvieto Partners, L.P. trimmed | 397,554 | $6M | 1.0% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 374,495 | $5M | 1.0% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 365,000 | $5M | 1.0% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 342,067 | $5M | 0.9% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB added | 319,684 | $5M | 0.9% | 2026-Q1 |
| BlackRock, Inc. added | 328,896 | $5M | 0.9% | 2026-Q1 |
| LPL Financial LLC trimmed | 309,010 | $4M | 0.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 308,988 | $4M | 0.8% | 2026-Q1 |
| Freestone Capital Holdings, LLC added | 298,693 | $4M | 0.8% | 2026-Q1 |
| HRT FINANCIAL LP added | 293,841 | $4M | 0.8% | 2026-Q1 |
| U.S. Capital Wealth Advisors, LLC trimmed | 286,721 | $4M | 0.7% | 2026-Q1 |
| First Financial Bankshares Inc added | 270,159 | $4M | 0.7% | 2026-Q1 |
| Mirador Capital Partners LP added | 244,858 | $4M | 0.6% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 240,580 | $3M | 0.6% | 2026-Q1 |
| KING LUTHER CAPITAL MANAGEMENT CORP trimmed | 233,902 | $3M | 0.6% | 2026-Q1 |
| Mill Road Capital Management LLC trimmed | 221,295 | $3M | 0.6% | 2026-Q1 |
| Purpose Unlimited Inc. new | 214,067 | $3M | 0.6% | 2026-Q1 |
| Cresset Asset Management, LLC added | 201,724 | $3M | 0.5% | 2026-Q1 |
| Pingora Partners LLC added | 201,476 | $3M | 0.5% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 196,774 | $3M | 0.5% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 194,996 | $3M | 0.5% | 2026-Q1 |
| GraniteShares Advisors LLC trimmed | 191,385 | $3M | 0.5% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 186,207 | $3M | 0.5% | 2026-Q1 |
| Swiss National Bank | 175,000 | $3M | 0.5% | 2026-Q1 |
| GABELLI FUNDS LLC trimmed | 170,000 | $2M | 0.4% | 2026-Q1 |
| RHODES INVESTMENT ADVISORS INC /ADV added | 149,555 | $2M | 0.4% | 2026-Q1 |
| Cerity Partners LLC | 147,500 | $2M | 0.4% | 2026-Q1 |
| Engineers Gate Manager LP added | 140,403 | $2M | 0.4% | 2026-Q1 |
| Mutual Advisors, LLC added | 123,100 | $2M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 118,549 | $2M | 0.3% | 2026-Q1 |
| OPPENHEIMER & CO INC | 116,564 | $2M | 0.3% | 2026-Q1 |
| Regal Partners Ltd | 113,041 | $2M | 0.3% | 2026-Q1 |
| Board of Trustees of The Leland Stanford Junior University | 111,638 | $2M | 0.3% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 113,629 | $2M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 105,334 | $2M | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 104,024 | $2M | 0.3% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 102,066 | $1M | 0.3% | 2026-Q1 |
| STATE STREET CORP added | 92,644 | $1M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 84,476 | $1M | 0.2% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 83,944 | $1M | 0.2% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 81,545 | $1M | 0.2% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP added | 72,253 | $1M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 65,154 | $943K | 0.2% | 2026-Q1 |
| Employees Retirement System of Texas new | 61,915 | $896K | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 61,825 | $895K | 0.2% | 2026-Q1 |
| XTX Topco Ltd trimmed | 60,759 | $879K | 0.2% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC trimmed | 60,387 | $874K | 0.2% | 2026-Q1 |
| Requisite Capital Management, LLC | 59,990 | $868K | 0.2% | 2026-Q1 |
| Tidal Investments LLC added | 57,934 | $852K | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 58,069 | $840K | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 57,782 | $836K | 0.2% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 57,654 | $834K | 0.2% | 2026-Q1 |
| Bramshill Investments, LLC trimmed | 56,906 | $823K | 0.1% | 2026-Q1 |
| BAHL & GAYNOR INC | 56,850 | $823K | 0.1% | 2026-Q1 |
| Adams Asset Advisors, LLC new | 55,780 | $807K | 0.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 50,839 | $736K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 49,782 | $720K | 0.1% | 2026-Q1 |
| Caliber Wealth Management, LLC / KS trimmed | 47,051 | $681K | 0.1% | 2026-Q1 |
| HOWARD FINANCIAL SERVICES, LTD. | 43,815 | $634K | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP trimmed | 43,415 | $628K | 0.1% | 2026-Q1 |
| EnCap Energy Capital Fund VIII, L.P. | 4,541,914 | $53M | 9.6% | 2025-Q4 stale |
| MACQUARIE GROUP LTD added | 863,259 | $12M | 2.1% | 2025-Q3 stale |
| Energy Income Partners, LLC added | 647,396 | $9M | 1.6% | 2025-Q3 stale |
| VANGUARD GROUP INC added | 618,987 | $7M | 1.3% | 2025-Q4 stale |
| Jain Global LLC new | 257,286 | $4M | 0.6% | 2025-Q1 stale |
| AlphaCore Capital LLC | 237,420 | $3M | 0.6% | 2025-Q3 stale |
| WINNOW WEALTH LLC new | 208,132 | $3M | 0.5% | 2025-Q2 stale |
| Burkehill Global Management, LP new | 200,000 | $3M | 0.5% | 2025-Q1 stale |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC added | 155,448 | $2M | 0.4% | 2025-Q1 stale |
| Epoch Investment Partners, Inc. trimmed | 178,874 | $2M | 0.4% | 2025-Q4 stale |
| Lifetime Wealth Management P.C. new | 61 | $2M | 0.3% | 2025-Q4 stale |
| Ghisallo Capital Management LLC trimmed | 125,000 | $2M | 0.3% | 2025-Q3 stale |
| Annandale Capital, LLC | 11,586 | $2M | 0.3% | 2025-Q3 stale |
| Nokomis Capital, L.L.C. | 109,470 | $2M | 0.3% | 2025-Q2 stale |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added | 98,011 | $1M | 0.2% | 2025-Q3 stale |
| Zimmer Partners, LP | 91,153 | $1M | 0.2% | 2025-Q2 stale |
| Covalis Capital LLP new | 75,000 | $1M | 0.2% | 2025-Q1 stale |
| AMERIPRISE FINANCIAL INC trimmed | 72,256 | $975K | 0.2% | 2025-Q3 stale |
| TSP Capital Management Group, LLC | 67,850 | $915K | 0.2% | 2025-Q3 stale |
| Vestcor Inc trimmed | 76,773 | $903K | 0.2% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC trimmed | 46,696 | $630K | 0.1% | 2025-Q3 stale |
| Verition Fund Management LLC trimmed | 52,702 | $620K | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.