| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| WBR Holdings LLC | 61% | $1,566,027,325 | 62,094,660 | David Capobianco | 30 Sep 2025 | |||
| Devon WB Holdco L.L.C. | 29% | $447,837,214 | 17,757,225 | Devon WB Holdco L.L.C. | 30 Sep 2025 | |||
| HORIZON KINETICS ASSET MANAGEMENT LLC | 16% | +7.3% | $136,818,775 | +$9,588,392 | 6,837,520 | +7.5% | HORIZON KINETICS ASSET MANAGEMENT LLC | 31 Dec 2025 |
| Elda River Infrastructure WB LLC | 8% | $94,575,000 | 3,750,000 | Elda River Infrastructure WB LLC | 30 Sep 2025 | |||
| FMR LLC | 8.5% | $93,158,620 | 3,693,839 | FMR LLC | 30 Sep 2025 | |||
| GIC Private Ltd | 7.9% | $85,700,460 | 3,398,115 | GIC Private Ltd | 18 Sep 2025 |
As of 31 Dec 2025, 103 institutional investors reported holding 34,615,903 shares of WaterBridge Infrastructure LLC - Class A shares representing limited liability company interests (WBI). This represents 80% of the company’s total 43,275,443 outstanding shares.
The largest institutional shareholders of WaterBridge Infrastructure LLC - Class A shares representing limited liability company interests (WBI) together control 66% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | 16% | 6,837,520 | +7.6% | 1.9% | $136,818,775 |
| FMR LLC | 9.3% | 4,038,760 | +9.3% | 0% | $80,815,587 |
| MILLENNIUM MANAGEMENT LLC | 3.5% | 1,498,264 | +231% | 0.02% | $29,980,263 |
| SCHWARTZ INVESTMENT COUNSEL INC | 3.2% | 1,385,029 | +29% | 0.97% | $27,714,430 |
| AMERIPRISE FINANCIAL INC | 2.9% | 1,263,254 | +9.3% | 0.01% | $25,277,720 |
| MORGAN STANLEY | 2.6% | 1,125,667 | +5.7% | 0% | $22,524,597 |
| STEADFAST CAPITAL MANAGEMENT LP | 2.4% | 1,053,289 | +9.9% | 0.37% | $21,076,313 |
| Cinctive Capital Management LP | 2.4% | 1,037,289 | +43% | 1.2% | $20,756,153 |
| EMORY UNIVERSITY | 2.3% | 1,000,000 | 0% | 13% | $20,010,000 |
| HAMILTON LANE ADVISORS LLC | 2.3% | 1,000,000 | 0% | 11% | $20,010,000 |
| Merewether Investment Management, LP | 2% | 870,400 | 0% | 0.4% | $17,416,704 |
| FIRST MANHATTAN CO. LLC. | 1.9% | 803,720 | +0.46% | 0.04% | $16,082,437 |
| Hill City Capital, LP | 1.6% | 700,000 | 0% | 0.53% | $14,007,000 |
| FEDERATED HERMES, INC. | 1.5% | 633,000 | 0% | 0.02% | $12,666,330 |
| WESTWOOD HOLDINGS GROUP INC | 1.4% | 610,655 | +1.8% | 0.1% | $12,219,207 |
| Hood River Capital Management LLC | 1.4% | 608,391 | +1.4% | 0.13% | $12,173,904 |
| Ranger Investment Management, L.P. | 1.3% | 579,016 | +53% | 0.79% | $11,586,110 |
| Tensile Capital Management LP | 1.2% | 528,806 | +76% | 1.4% | $10,581,000 |
| Yaupon Capital Management LP | 1.1% | 497,046 | -50% | 0.49% | $9,945,890 |
| REAVES W H & CO INC | 1% | 450,000 | 0% | 0.16% | $9,004,500 |
| RAYMOND JAMES FINANCIAL INC | 1% | 442,478 | +0.27% | 0% | $8,853,985 |
| CIBC Private Wealth Group LLC | 0.92% | 400,000 | +300% | 0.01% | $8,004,000 |
| JANE STREET GROUP, LLC | 0.91% | 392,509 | -0.34% | 0.01% | $7,854,106 |
| JENNISON ASSOCIATES LLC | 0.71% | 306,677 | +14% | 0% | $6,136,612 |
| Ghisallo Capital Management LLC | 0.69% | 300,000 | 0% | 0.27% | $6,003,000 |