Yorktown Energy Partners X, L.P.

Fundamental diversified ★Signal CIK 1577919
Long book
$69.5M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
-14.6%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Yorktown Energy Partners X, L.P. is a diversified fundamental manager, running a $69.5M US long book across 4 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: RAMACO RESOURCES INC-A, EPSILON ENERGY LTD, RILEY EXPLORATION PERMIAN IN, RAMACO RESOURCES INC-B.

Over the last 9 quarters its long book ran on average 1.7pp per quarter ahead of the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-21.4%
Q2 2024
-4.2%
Q3 2024
-4.4%
Q4 2024
-17.1%
Q1 2025
+35.4%
Q2 2025
+119.9%
Q3 2025
-39.4%
Q4 2025
+1.1%
Q1 2026
-14.6%

Sector allocation

Materials
56%
Energy
44%

Long book by quarter

$85.5M
Q1 2024
$58.6M
Q2 2024
$55.4M
Q3 2024
$52.3M
Q4 2024
$40.3M
Q1 2025
$55.3M
Q2 2025
$107.4M
Q3 2025
$77.4M
Q4 2025
$69.5M
Q1 2026

What does Yorktown Energy own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
METC RAMACO RESOURCES INC-AMaterials2.0M$30.5M43.8%-21.3%
EPSN EPSILON ENERGY LTDEnergy2.7M$16.4M23.5%Held
REPX RILEY EXPLORATION PERMIAN INEnergy390.9K$14.2M20.5%Held
METCB RAMACO RESOURCES INC-BMaterials826.6K$8.4M12.1%-0.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20264$69.5M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20264$77.4M canonicalSEC ↗
Q3 202513F-HRNov 14, 20253$107.4M canonicalSEC ↗
Q2 202513F-HRAug 14, 20253$55.3M canonicalSEC ↗
Q1 202513F-HRMay 15, 20253$40.3M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20253$52.3M canonicalSEC ↗
Q3 202413F-HRNov 13, 20243$55.4M canonicalSEC ↗
Q2 202413F-HRAug 13, 20243$58.6M canonicalSEC ↗
Q1 202413F-HRMay 15, 20244$85.5M canonicalSEC ↗