Vault-13

WATERBRIDGE INFRASTRUCTURE L WBI

CL A SHS REPSTG · Common Stock · CUSIP 940923105

116 institutional holders
34,789,85634.8m shares reported held*
$877.4mreported value*

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $25.22.

Biggest buyers

HORIZON KINETICS ASSET MANAGEMENT LLC New +6,354,306+6.4m
FMR LLC New +3,693,839+3.7m
AMERIPRISE FINANCIAL INC New +1,155,383+1.2m
SCHWARTZ INVESTMENT COUNSEL INC New +1,073,029+1.1m
MORGAN STANLEY New +1,065,129+1.1m
EMORY UNIVERSITY New +1,000,000+1.0m
Yaupon Capital Management LP New +1,000,000+1.0m
HAMILTON LANE ADVISORS LLC New +1,000,000+1.0m
STEADFAST CAPITAL MANAGEMENT LP New +958,189+958.2k
Merewether Investment Management, LP New +870,400+870.4k

Biggest sellers

None

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
WBR Holdings LLC 13G · exempt (held before listing) -8.8 pts · filed 2026-06-26 52.1% -8.8 pts 53.7m≈ $1.8bn 2026-06-26
Devon WB Holdco L.L.C. 13G · exempt (held before listing) -6.7 pts · filed 2026-08-13 22.4% -6.7 pts 16.0m≈ $548.4m 2026-08-13
HORIZON KINETICS ASSET MANAGEMENT LLC 13G · institution +1.2 pts · filed 2026-04-29 17.0% +1.2 pts 7.3m≈ $251.6m 2026-04-29
T. Rowe Price Investment Management, Inc. 13G · institution new · filed 2026-07-08 11.4% new 5.4m≈ $184.2m 2026-07-08
ALPS ADVISORS INC 13G · institution +2.0 pts · filed 2026-10-07 10.0% +2.0 pts 12.3m≈ $421.5m 2026-10-07
FMR LLC 13G · institution new · filed 2025-11-05 8.5% new 3.7m≈ $126.6m 2025-11-05
GIC Private Ltd 13G · exempt (held before listing) new · filed 2025-11-06 7.9% new 3.4m≈ $116.5m 2025-11-06

Fell to 5% or below in the last year: Elda River Infrastructure WB LLC (0.0%, 2026-05-11)

Insider purchases and sales in Q3 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 2 buyingQ3 25: 0 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20252$7.5m0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-09-18 CRANE JAMES R Director · Class A Shares Bought 200,000 $20.00 $4.0m200.0k shares new
2025-09-18 CRANE JAMES R Director · Class A Shares Bought 100,000 $20.00 $2.0m100.0k shares new
2025-09-18 DAILY GREGORY S Director · Class A Shares Bought 75,000 $20.00 $1.5m75.0k shares new

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HORIZON KINETICS ASSET MANAGEMENT LLC 1.95% of their portfolio NEW YORK, NY 6,354,3066.4m $160.3m $160.3m 1.95% New
2 FMR LLC 0.00% of their portfolio BOSTON, MA 3,693,8393.7m $93.2m $93.2m 0.00% New
3 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,155,3831.2m $29.1m $29.1m 0.01% New
4 SCHWARTZ INVESTMENT COUNSEL INC 0.91% of their portfolio PLYMOUTH, MI 1,073,0291.1m $27.1m $27.1m 0.91% New
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,065,1291.1m $26.9m $26.9m 0.00% New
6 EMORY UNIVERSITY 16.06% of their portfolio ATLANTA, GA 1,000,0001.0m $25.2m $25.2m 16.06% New
7 HAMILTON LANE ADVISORS LLC 14.50% of their portfolio CONSHOHOCKEN, PA 1,000,0001.0m $25.2m $25.2m 14.50% New
8 Yaupon Capital Management LP 1.30% of their portfolio NEW YORK, NY 1,000,0001.0m $25.2m $25.2m 1.30% New
9 STEADFAST CAPITAL MANAGEMENT LP 0.44% of their portfolio NEW YORK, NY 958,189958.2k $24.2m $24.2m 0.44% New
10 Merewether Investment Management, LP 0.53% of their portfolio DALLAS, TX 870,400870.4k $22.0m $22.0m 0.53% New
11 FIRST MANHATTAN CO. LLC. 0.05% of their portfolio NEW YORK, NY 800,000800.0k $20.2m $20.2m 0.05% New
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 730,373730.4k $18.4m $18.4m 0.00% New
13 Cinctive Capital Management LP 0.91% of their portfolio New York, NY 723,808723.8k $18.3m $18.3m 0.91% New
14 Hill City Capital, LP 0.75% of their portfolio BOSTON, MA 700,000700.0k $17.7m $17.7m 0.75% New
15 Blackstone Inc. 0.07% of their portfolio NEW YORK, NY 675,000675.0k $17.0m $17.0m 0.07% New
16 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 669,663669.7k $16.9m $16.9m 0.03% New
17 FEDERATED HERMES, INC. 0.03% of their portfolio PITTSBURGH, PA 633,000633.0k $16.0m $16.0m 0.03% New
18 Hood River Capital Management LLC 0.18% of their portfolio PALM BEACH GARDENS, FL 600,031600.0k $15.1m $15.1m 0.18% New
19 WESTWOOD HOLDINGS GROUP INC 0.11% of their portfolio DALLAS, TX 600,000600.0k $15.1m $15.1m 0.11% New
20 Zimmer Partners, LP 0.34% of their portfolio NEW YORK, NY 557,165557.2k $14.1m $14.1m 0.34% New
21 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 550,045550.0k $13.9m $13.9m 0.01% New
22 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 453,116453.1k $11.4m $11.4m 0.01% New
23 REAVES W H & CO INC 0.20% of their portfolio JERSEY CITY, NJ 450,000450.0k $11.3m $11.3m 0.20% New
24 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 441,281441.3k $11.1m $11.1m 0.00% New
25 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 393,851393.9k $9.9m $9.9m 0.01% New
26 Ranger Investment Management, L.P. 0.66% of their portfolio DALLAS, TX 377,845377.8k $9.5m $9.5m 0.66% New
27 Longaeva Partners L.P. 1.73% of their portfolio Chicago, IL 321,704321.7k $8.1m $8.1m 1.73% New
28 Tensile Capital Management LP 0.95% of their portfolio LARKSPUR, CA 300,000300.0k $7.6m $7.6m 0.95% New
29 Covalis Capital LLP 0.88% of their portfolio LONDON, X0 300,000300.0k $7.6m $7.6m 0.88% New
30 Ghisallo Capital Management LLC 0.25% of their portfolio BOSTON, MA 300,000300.0k $7.6m $7.6m 0.25% New
31 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 268,666268.7k $6.8m $6.8m 0.00% New
32 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 257,140257.1k $6.5m $6.5m 0.01% New
33 MAD RIVER INVESTORS 2.72% of their portfolio BOSTON, MA 251,700251.7k $6.3m $6.3m 2.72% New
34 SEVEN GRAND MANAGERS, LLC 0.51% of their portfolio BRONXVILLE, NY 250,000250.0k $6.3m $6.3m 0.51% New
35 Monashee Investment Management LLC 3.02% of their portfolio Boston, MA 240,000240.0k $6.1m $6.1m 3.02% New
36 Sculptor Capital LP 0.08% of their portfolio New York, NY 235,000235.0k $5.9m $5.9m 0.08% New
37 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.08% of their portfolio New York, NY 213,800213.8k $5.4m $5.4m 0.08% New
38 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 209,205209.2k $5.3m $5.3m 0.01% New
39 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 203,436203.4k $5.1m $5.1m 0.01% New
40 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 200,000200.0k $5.0m $5.0m 0.00% New
41 EAGLE GLOBAL ADVISORS LLC 0.19% of their portfolio Houston, TX 200,000200.0k $5.0m $5.0m 0.19% New
42 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 185,388185.4k $4.7m $4.7m 0.00% New
43 Centiva Capital, LP 0.39% of their portfolio New York, NY 165,219165.2k $4.2m $4.2m 0.39% New
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 158,500158.5k $4.0m $4.0m 0.00% New
45 Alyeska Investment Group, L.P. 0.01% of their portfolio CHICAGO, IL 150,000150.0k $3.8m $3.8m 0.01% New
46 Schonfeld Strategic Advisors LLC 0.03% of their portfolio NEW YORK, NY 150,000150.0k $3.8m $3.8m 0.03% New
47 Burkehill Global Management, LP 0.21% of their portfolio NEW YORK, NY 150,000150.0k $3.8m $3.8m 0.21% New
48 Aventail Capital Group, LP 0.15% of their portfolio NEW YORK, NY 125,000125.0k $3.2m $3.2m 0.15% New
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 106,626106.6k $2.7m $2.7m 0.00% New
50 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 104,673104.7k $2.6m $2.6m 0.01% New
51 LMR Partners LLP 0.03% of their portfolio LONDON, X0 104,400104.4k $2.6m $2.6m 0.03% New
52 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 100,000100.0k $2.5m $2.5m 0.00% New
53 Hound Partners, LLC 0.32% of their portfolio NEW YORK, NY 100,000100.0k $2.5m $2.5m 0.32% New
54 Brookfield Corp /ON/ 0.00% of their portfolio TORONTO, A6 89,20989.2k $2.2m $2.2m 0.00% New
55 Fortress Investment Group LLC 0.27% of their portfolio NEW YORK, NY 80,57280.6k $2.0m $2.0m 0.27% New
56 GeoSphere Capital Management, LLC 1.54% of their portfolio MIAMI BEACH, FL 80,00080.0k $2.0m $2.0m 1.54% New
57 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 79,15879.2k $2.0m $2.0m 0.02% New
58 Moors & Cabot, Inc. 0.08% of their portfolio BOSTON, MA 76,80076.8k $1.9m $1.9m 0.08% New
59 SIR Capital Management, L.P. 0.17% of their portfolio NEW YORK, NY 76,30076.3k $1.9m $1.9m 0.17% New
60 CAZ INVESTMENTS LP 3.52% of their portfolio HOUSTON, TX 75,00075.0k $1.9m $1.9m 3.52% New
61 Hudson Bay Capital Management LP 0.01% of their portfolio STAMFORD, CT 75,00075.0k $1.9m $1.9m 0.01% New
62 Jain Global LLC 0.02% of their portfolio NEW YORK, NY 75,00075.0k $1.9m $1.9m 0.02% New
63 PECAUT & CO. 0.54% of their portfolio SIOUX CITY, IA 66,50066.5k $1.7m $1.7m 0.54% New
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 63,87463.9k $1.6m $1.6m 0.00% New
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 61,12261.1k $1.5m $1.5m 0.00% New
66 HITE Hedge Asset Management LLC 0.08% of their portfolio BRAINTREE, MA 59,14759.1k $1.5m $1.5m 0.08% New
67 Point72 (DIFC) Ltd 0.10% of their portfolio DUBAI, C0 55,38855.4k $1.4m $1.4m 0.10% New
68 Davidson Kempner Capital Management LP 0.02% of their portfolio New York, NY 53,00053.0k $1.3m $1.3m 0.02% Not comparable
69 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 50,00050.0k $1.3m $1.3m 0.00% New
70 Weiss Asset Management LP 0.02% of their portfolio BOSTON, MA 50,00050.0k $1.3m $1.3m 0.02% Not comparable
71 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 45,30645.3k $1.1m $1.1m 0.00% New
72 Lighthouse Investment Partners, LLC 0.04% of their portfolio Palm Beach Gardens, FL 40,00040.0k $1.0m $1.0m 0.04% New
73 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 39,70939.7k $1.0m $1.0m 0.00% New
74 EagleClaw Capital Managment, LLC 0.12% of their portfolio BOSTON, MA 35,05035.0k $884.0k $884.0k 0.12% New
75 PROMETHIUM ADVISORS,LLC 0.46% of their portfolio BETHESDA, MD 31,98232.0k $806.6k $806.6k 0.46% New
76 ELEMENT CAPITAL MANAGEMENT LLC 1.13% of their portfolio New York, NY 31,50031.5k $794.4k $794.4k 1.13% New
77 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 30,45230.5k $768.0k $768.0k 0.00% New
78 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 30,19730.2k $761.6k $761.6k 0.00% New
79 OXFORD ASSET MANAGEMENT LLP 0.22% of their portfolio OXFORD, X0 27,00027.0k $680.9k $680.9k 0.22% New
80 Freestone Grove Partners LP 0.01% of their portfolio San Francisco, CA 27,00027.0k $680.9k $680.9k 0.01% New
81 Maven Securities LTD 0.12% of their portfolio ST HELIER, Y9 25,00025.0k $630.5k $630.5k 0.12% New
82 Sandia Investment Management LP 1.88% of their portfolio BOSTON, MA 25,00025.0k $630.5k $630.5k 1.88% New
83 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 23,13423.1k $583.4k $583.4k 0.00% New
84 Freestone Capital Holdings, LLC 0.02% of their portfolio Seattle, WA 21,72821.7k $548.0k $548.0k 0.02% New
85 Tetragon Partners GP Ltd 0.07% of their portfolio GRAND CAYMAN, E9 20,00020.0k $504.4k $504.4k 0.07% New
86 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 20,00020.0k $504.4k $504.4k 0.00% New
87 NEEDHAM INVESTMENT MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 18,36118.4k $463.1k $463.1k 0.03% New
88 Legal & General Group Plc 0.00% of their portfolio London, X0 15,00015.0k $378.4k $378.4k 0.00% New
89 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 15,00015.0k $378.3k $378.3k 0.00% New
90 READYSTATE ASSET MANAGEMENT LP 0.02% of their portfolio CHICAGO, IL 15,00015.0k $378.3k $378.3k 0.02% New
91 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 14,57414.6k $367.5k $367.5k 0.01% New
92 Greenland Capital Management LP 0.05% of their portfolio NEW YORK, NY 13,00013.0k $327.9k $327.9k 0.05% New
93 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 12,50012.5k $315.2k $315.2k 0.00% New
94 WINTON GROUP Ltd 0.01% of their portfolio LONDON, X0 12,03212.0k $303.4k $303.4k 0.01% New
95 Atlas Wealth Partners, LLC 0.30% of their portfolio WYOMISSING, PA 11,70011.7k $295.1k $295.1k 0.30% New
96 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 11,61911.6k $293.0k $293.0k 0.00% New
97 Virtu Financial LLC 0.02% of their portfolio New York, NY 11,49511.5k $290.0k $290.0k 0.02% New
98 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 10,93410.9k $275.8k $275.8k 0.00% New
99 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,87610.9k $274.3k $274.3k 0.00% New
100 Americana Partners, LLC 0.01% of their portfolio Houston, TX 10,86110.9k $273.9k $273.9k 0.01% New