Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in HNRG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Lubar & Co., Inc | 5.5M | $88.8M | 0.0% | 11.568% | 74.56% |
| 2 | BlackRock, Inc. | 2.4M | $39.0M | +3.0% | 5.081% | 0.00% |
| 3 | Point72 Asset Management, L.P. | 1.9M | $31.0M | +29.8% | 4.034% | 0.04% |
| 4 | AEGIS FINANCIAL CORP | 1.8M | $29.5M | 0.0% | 3.849% | 5.09% |
| 5 | Orbis Allan Gray Ltd | 1.8M | $28.6M | +18.1% | 3.734% | 0.12% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 1.5M | $24.2M | β | 3.153% | 0.00% |
| 7 | AMERICAN CENTURY COMPANIES INC | 1.4M | $22.5M | +10.3% | 2.935% | 0.01% |
| 8 | DIMENSIONAL FUND ADVISORS LP | 1.0M | $16.7M | +12.0% | 2.170% | 0.00% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 991K | $16.1M | +20.1% | 2.102% | 0.00% |
| 10 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 859K | $14.0M | β | 1.823% | 0.00% |
| 11 | APIS CAPITAL ADVISORS, LLC | 839K | $13.7M | -8.2% | 1.780% | 2.11% |
| 12 | VANGUARD PORTFOLIO MANAGEMENT LLC | 772K | $12.6M | β | 1.638% | 0.00% |
| 13 | DEUTSCHE BANK AG\ | 711K | $11.6M | +75.4% | 1.509% | 0.00% |
| 14 | STATE STREET CORP | 709K | $11.5M | +5.5% | 1.505% | 0.00% |
| 15 | Dayah Capital LLC | 658K | $10.8M | β | 1.397% | 3.33% |
| 16 | FMR LLC | 644K | $10.5M | +23.8% | 1.367% | 0.00% |
| 17 | Nuveen, LLC | 637K | $10.4M | +1.4% | 1.352% | 0.00% |
| 18 | AMERIPRISE FINANCIAL INC | 620K | $10.1M | -41.3% | 1.316% | 0.00% |
| 19 | Empyrean Capital Partners, LP | 500K | $8.1M | β | 1.061% | 0.27% |
| 20 | Walleye Trading LLC | 480K | $7.8M | β | 1.019% | 0.02% |
| 21 | GARNET EQUITY CAPITAL HOLDINGS, INC. | 432K | $7.0M | +20.9% | 0.918% | 3.80% |
| 22 | CenterBook Partners LP | 423K | $6.9M | β | 0.897% | 0.37% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 409K | $6.7M | +4.0% | 0.869% | 0.00% |
| 24 | MORGAN STANLEY | 406K | $6.6M | +1.0% | 0.862% | 0.00% |
| 25 | Bank of New York Mellon Corp | 399K | $6.5M | +24.8% | 0.846% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in HNRG β a direct measure of their conviction.
Filings activity in HNRG during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new HNRG position in Q1 2026
Institutions that fully closed their HNRG position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 176 | +2.9% | 72.56% | 5.00 pp | $562M | 6.5% |
| Q4 2025 | 171 | +19% | 77.56% | +9.30 pp | $601M | +14% |
| Q3 2025 | 144 | +0.7% | 68.26% | +13.14 pp | $529M | +24% |
| Q2 2025 | 143 | +12% | 55.12% | +16.05 pp | $427M | +41% |
| Q1 2025 | 128 | +6.7% | 39.07% | +6.30 pp | $303M | +19% |
| Q4 2024 | 120 | +5.3% | 32.77% | +9.50 pp | $254M | +41% |
| Q3 2024 | 114 | +8.6% | 23.27% | +4.73 pp | $180M | +26% |
| Q2 2024 | 105 | β | 18.54% | β | $144M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying HNRG stock.
Based on Q1 2026 13F filings, institutional ownership of Hallador Energy Company stands at 72.6%, held across 176 reporting institutions.
Lubar & Co., Inc is the largest reported institutional holder of HNRG, with approximately 5,452,019 shares worth $0.09B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of HNRG, including Point72 Asset Management, L.P., SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for HNRG is 46 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
48 institutions opened new positions in HNRG during Q1 2026, while 43 fully exited. 37 added to existing positions and 90 trimmed.
HNRG institutional ownership fell by 5.00 percentage points quarter-over-quarter, with a net change of +5 holders.
The top 10 institutions account for 55.2% of all reported 13F value in HNRG, and the top 25 account for 80.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Hallador Energy Company (HNRG) Institutional Ownership