Company Analysis

WaterBridge Infrastructure LLC (WBI)

NYSE: WBI · Oil & Gas Field Services, NEC · Houston, TX · filing with the SEC since 2025
Grade5.4
◀ Past 7.1● Present 3.6▶ Future 6.2
3 est.

Who owns WaterBridge Infrastructure LLC

As filed with the SEC
Holders of 5% or more
7
David Capobianco holds 52.1% of Class A Shares, as its SCHEDULE 13G/A filed Jun 26, 2026 says.
Directors and officers
17
report now, of 17 people on the record since 2025. Their holdings as a group are not read here.
Institutions as a whole
n/a
The record does not read the share held by managers that file Form 13F, so none is printed and no split of the rest is estimated. What it holds is the 7 named at left.
Holders of 5% or moreshare of the class, as filed
David Capobianco
SCHEDULE 13G/A · filed Jun 26, 2026 · Class A Shares · 60.9% in Nov 14, 2025
52.1%
Devon WB Holdco L.L.C.
SCHEDULE 13G/A · filed Aug 13, 2026 · Class A shares representing limited liability company interests · 29.1% in Nov 13, 2025
22.4%
Horizon Kinetics Asset Management LLC
SCHEDULE 13G/A · filed Apr 29, 2026 · Class A shares representing limited liability company interests · 15.8% in Jan 28, 2026
17%
T. Rowe Price Investment Management, Inc.
11.4%
ALPS Advisors, Inc.
SCHEDULE 13G/A · filed Oct 7, 2026 · Common Units Representing Limited Partner Interests · 7.98% in Jul 9, 2026
9.96%
Fmr LLC
SCHEDULE 13G · filed Nov 5, 2025 · CLASS A COMMON STOCK
8.5%
GIC Private Ltd
SCHEDULE 13G · filed Nov 6, 2025 · Class A Shares Representing Limited Liability Company Interests
7.9%
Elda River Infrastructure WB LLC
SCHEDULE 13G/A · filed May 11, 2026 · Class A shares representing limited liability company interests · reported falling below 5%, from 8% in Nov 14, 2025
under 5%
What WBI reports owning in othersstakes of 5% or more, and other ties
Other ties the annual report names
Desert Environmental Limited Liability Company
A company bought · acquisition · Sep 2025 · owns, named in the 10-K filed Mar 16, 2026
WaterBridge Equity Finance L L C
A company bought · acquisition, consolidated entity · owns, named in the 10-K filed Mar 16, 2026
WaterBridge Equity Finance Limited Liability Company
A company bought · acquisition · owns, named in the 10-K filed Mar 16, 2026

23 subsidiaries in 1 country, from the list filed with the 10-K filed Mar 16, 2026.

Insider tradesForm 4
1sales
4purchases
0sales on a scheduled plan
1people selling
$177Msold, in dollars
$300,000bought, in dollars
Open-market trades on Form 4 from Sep 30, 2025 to Sep 30, 2026. A scheduled plan is a selling program set in advance under SEC rule 10b5-1. The trades are listed as filed and do not feed the grade.
By calendar yearSoldBought
2526
2026 runs to Sep 30, 2026. Dollars as filed, summed by the transaction date.
People who traded in the window8 of 32 on the roster
PersonRole as filedSalesSoldOn a planBuysBought
Capobianco David Ndirector1$177M00$0
Five Point Energy Gp I LP10% owner1$177M00$0
Waterbridge Resources LLC10% owner1$177M00$0
Devon Energy Corp/de10% owner1$52.7M00$0
Long Jason ThomasChief Executive Officer0$001$100,000
Reitz Michael Howard JrPresident, Chief Operating Officer0$001$100,000
Mcneely Scott LloydExecutive VP, CFO0$001$0
Bolling Harrison FennerExecutive VP and GC0$001$0
SI Assistanton WBI · research, not advice