EnCap Energy Capital Fund XI, L.P.

**EnCap Energy Capital Fund XI, L.P.** manages $1.1B, deploying capital across a concentrated portfolio of three key positions. The fund exhibits significant exposure to technology and energy infrastructure, with top holdings including FANG at $435.5M and DVN at $432.5M. A further substantial allocation is maintained in PR at $270.7M, indicating a focused, high-conviction investment mandate. This structure suggests a strategy prioritizing established, large-cap names across diverse sectors.

📌 Top Holdings