SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Kimmeridge Energy Management Company, LLC

CIK 0001706220 · 15 LITTLE WEST 12TH STREET, 4TH FLOOR, NEW YORK, NY, 10014 · 646-517-7252

Reported Value
$2.2B
Q4 2023
Positions
7
Filings on Record
35
2019–present window
Filed
Jan 9, 2024
original filing

Summary

Kimmeridge Energy Management Company, LLC reported $2.2B in U.S.-listed holdings across 7 positions for Q4 2023.

The portfolio is heavily concentrated: Sitio Royalties alone accounts for 39.0% of reported value.

Compared with Q3 2023, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+5.3%
vs prior filed quarter
Largest Position
+39.0%
Sitio Royalties
New / Exited
1 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $82MQ4 ’18Q1 ’19: $138MQ2 ’19: $0Q3 ’19: $0Q4 ’19: $0Q4 ’19Q1 ’20: $0Q2 ’20: $0Q3 ’20: $62MQ4 ’20: $124MQ4 ’20Q1 ’21: $830MQ2 ’21: $1.1BQ3 ’21: $1.0BQ4 ’21: $1.3BQ4 ’21Q1 ’22: $1.8BQ2 ’22: $2.0BQ3 ’22: $2.2BQ4 ’22: $2.4BQ4 ’22Q1 ’23: $2.2BQ2 ’23: $2.4BQ3 ’23: $2.3BQ4 ’23: $2.2BQ4 ’23Q1 ’24: $2.1BQ2 ’24: $1.6BQ3 ’24: $1.6BQ4 ’24: $1.5BQ4 ’24Q1 ’25: $1.2BQ2 ’25: $902MQ3 ’25: $571MQ4 ’25: $626MQ4 ’25Q1 ’26: $299Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 100.0%
  • Common Stock · 100.0% · $2.2B

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SWN1EURSOUTHWESTERN ENERGY CONEW+18.37M18.37M+$120M$120M
CPE*CALLON PETE CO DELSOLD OUT−1.39M0−$54M$0
CIVICIVITAS RESOURCES INCHELD+24.3K8.37M−$103M$573M
EXECHESAPEAKE ENERGY CORPHELD+03.15M−$29M$243M
SITIO ROYALTIES CORPHELD+036.50M−$26M$858M
SILVERBOW RES INCHELD+03.28M−$22M$95M
ERFGBPENERPLUS CORPHELD+07.80M−$18M$120M
CRCCALIFORNIA RES CORPHELD+03.50M−$5M$191M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

7 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SITIO ROYALTIES CORPCLASS A COM39.00%$858M36.50M
2CIVICIVITAS RESOURCES INChistory →COM NEW26.02%$573M8.37M
3EXECHESAPEAKE ENERGY CORPhistory →COM11.03%$243M3.15M
4CRCCALIFORNIA RES CORPhistory →COM STOCK8.70%$191M3.50M
5SWN1EURSOUTHWESTERN ENERGY COhistory →COM5.47%$120M18.37M
6ERFGBPENERPLUS CORPhistory →COM5.44%$120M7.80M
7SILVERBOW RES INCCOM4.34%$95M3.28M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$299M1May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$626M4Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025REVEALED$571M4Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$902M2Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B3May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.5B3Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.6B4Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.6B4Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.1B5May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.2B7Jan 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.3B7Oct 25, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.4B7Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.2B7May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.4B7Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.2B7Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.0B7Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.8B6May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.3B4Feb 22, 2022RESTATEMENTchanges · EDGAR ↗
Q3 2021$1.0B4Nov 16, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$1.1B6Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$830M6May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$124M3Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$62M3Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$01Aug 14, 2020RESTATEMENTchanges · EDGAR ↗
Q1 2020$01Apr 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$01Jan 30, 202013F-HRchanges · EDGAR ↗
Q3 2019$01Oct 10, 201913F-HRchanges · EDGAR ↗
Q2 2019$01Aug 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$138M1Apr 25, 201913F-HRchanges · EDGAR ↗
Q4 2018$82M1Jan 10, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.