Kimbell Art Foundation Reduces Stake Below 5%, Files Exit Schedule 13D
KRP sits 27% above its 52-week low of $10.98.
Summary
Kimbell Art Foundation has reduced its beneficial ownership in Kimbell Royalty Partners, LP to 4.8%, triggering an exit filing from its Schedule 13D reporting obligations.
Key Events · Ownership and Investor Activity · KRP
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Significant Stake Reduction
Kimbell Art Foundation's beneficial ownership decreased to 4.8% of common units, down from a previous stake above 5%.
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Exit Filing Triggered
The reduction below the 5% threshold constitutes an exit filing for the Reporting Person, concluding their Schedule 13D reporting requirements.
Analysis · KRP · Energy & Transportation
This filing indicates that Kimbell Art Foundation, a long-term significant holder, has reduced its stake in Kimbell Royalty Partners, LP below the 5% beneficial ownership threshold. While the exact amount sold is not specified, the reduction below this key reporting level suggests a decrease in conviction or a need for liquidity from a major institutional investor. This marks the final amendment to their Schedule 13D.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KRP was trading at $13.96 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $10.98 to $16.14. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.