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Hallador Energy Co

HNRG
Exchange
Nasdaq
Industry
Electric Services
SEC CIK
0000788965

In the last 90 days, Hallador Energy Co insiders filed 2 open-market purchases and 0 sales; 172 institutions reported holding it in 13F filings for Q2 2026, worth $629.4M in total; no superinvestor holds it.

13F holders, Q1 2026

Institutional positions in Hallador Energy Co as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
184
+12 vs. Q4 2025
Shares held
34.2M
+4.46M (+15.0%) vs. Q4 2025
Total value
$557.3M
−$9.46M (−1.7%) vs. Q4 2025
New holders
50
58 more added
Sold out
38
47 more reduced

3 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting HNRG on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2026: 184 institutions
Q1 2021: 39 institutionsQ2 2021: 42 institutionsQ3 2021: 43 institutionsQ4 2021: 45 institutionsQ1 2022: 52 institutionsQ2 2022: 51 institutionsQ3 2022: 53 institutionsQ4 2022: 66 institutionsQ1 2023: 67 institutionsQ2 2023: 78 institutionsQ3 2023: 86 institutionsQ4 2023: 106 institutionsQ1 2024: 97 institutionsQ2 2024: 109 institutionsQ3 2024: 115 institutionsQ4 2024: 123 institutionsQ1 2025: 134 institutionsQ2 2025: 145 institutionsQ3 2025: 152 institutionsQ4 2025: 175 institutionsQ1 2026: 184 institutionsQ2 2026: 172 institutions
Value heldQ1 2026: $557.3M
Q1 2021: $11.0MQ2 2021: $17.3MQ3 2021: $21.4MQ4 2021: $17.3MQ1 2022: $28.7MQ2 2022: $48.7MQ3 2022: $46.8MQ4 2022: $105.8MQ1 2023: $103.6MQ2 2023: $109.0MQ3 2023: $193.1MQ4 2023: $134.2MQ1 2024: $82.2MQ2 2024: $146.6MQ3 2024: $179.8MQ4 2024: $252.2MQ1 2025: $300.4MQ2 2025: $416.2MQ3 2025: $500.9MQ4 2025: $611.0MQ1 2026: $557.3MQ2 2026: $629.4M
Institutions holding HNRG and their total value by quarter
QuarterHoldersValue
Q2 2026172$629.4M
Q1 2026184$557.3M
Q4 2025175$611.0M
Q3 2025152$500.9M
Q2 2025145$416.2M
Q1 2025134$300.4M
Q4 2024123$252.2M
Q3 2024115$179.8M
Q2 2024109$146.6M
Q1 202497$82.2M
Q4 2023106$134.2M
Q3 202386$193.1M
Q2 202378$109.0M
Q1 202367$103.6M
Q4 202266$105.8M
Q3 202253$46.8M
Q2 202251$48.7M
Q1 202252$28.7M
Q4 202145$17.3M
Q3 202143$21.4M
Q2 202142$17.3M
Q1 202139$11.0M

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Hallador Energy Co; share changes are against Q4 2025.

Institutions holding HNRG in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Lubar & Co., Inc5,452,019$88.8M74.56%00.0%Unchanged
BlackRock, Inc.2,394,746$39.0M0.00%+70,020+3.0%Added
Point72 Asset Management, L.P.1,901,254$31.0M0.05%+437,101+29.9%Added
Aegis Financial Corp1,814,026$29.5M5.09%00.0%Unchanged
Orbis Allan Gray Ltd1,759,811$28.6M0.12%+269,663+18.1%Added
Vanguard Capital Management LLC1,485,829$24.2M0.00%+1,485,829New
American Century Companies Inc1,383,127$22.5M0.01%+128,738+10.3%Added
Dimensional Fund Advisors LP1,022,983$16.7M0.00%+109,781+12.0%Added
Geode Capital Management, LLC990,740$16.1M0.00%+165,635+20.1%Added
Apis Capital Advisors, LLC839,000$13.7M2.11%−75,000−8.2%Reduced
Vanguard Portfolio Management LLC772,186$12.6M0.00%+772,186New
Deutsche Bank AG710,996$11.6M0.00%+305,719+75.4%Added
State Street Corp709,298$11.5M0.00%+37,254+5.5%Added
Dayah Capital LLC648,300$10.6M6.16%+537,205+483.6%Added
FMR LLC644,118$10.5M0.00%+123,954+23.8%Added
Nuveen, LLC637,160$10.4M0.00%+8,627+1.4%Added
Ameriprise Financial Inc620,250$10.1M0.00%−436,734−41.3%Reduced
Empyrean Capital Partners, LP500,000$8.14M0.27%+500,000New
Garnet Equity Capital Holdings, Inc.432,474$7.04M4.00%+74,634+20.9%Added
CenterBook Partners LP422,960$6.89M0.37%+422,960New
Charles Schwab Investment Management Inc409,491$6.67M0.00%+15,846+4.0%Added
Morgan Stanley406,388$6.62M0.00%+3,995+1.0%Added
Bank of New York Mellon Corp398,633$6.49M0.00%+79,229+24.8%Added
Goldman Sachs Group Inc353,769$5.76M0.00%+125,741+55.1%Added
Citadel Advisors LLC345,220$5.62M0.00%+218,673+172.8%Added
Value Aligned Research Advisors, LLC320,759$5.22M0.06%00.0%Unchanged
Renaissance Technologies LLC308,255$5.02M0.01%+8,800+2.9%Added
Northern Trust Corp305,925$4.98M0.00%+29,837+10.8%Added
Susquehanna International Group, LLP292,313$4.76M0.01%+292,313New
Hudson Bay Capital Management LP265,841$4.33M0.03%+190,411+252.4%Added
Vanguard Fiduciary Trust Co257,261$4.19M0.00%+257,261New
Prudential Financial Inc255,645$4.16M0.01%−592,773−69.9%Reduced
Western Standard LLC228,662$3.72M1.96%+228,662New
Steamboat Capital Partners, LLC201,139$3.27M0.81%−90,890−31.1%Reduced
Wexford Capital LP161,310$2.63M0.43%+82,410+104.4%Added
JB Capital Partners LP160,000$2.60M0.45%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.153,378$2.50M0.01%−1,888−1.2%Reduced
D. E. Shaw & Co., Inc.148,085$2.41M0.00%−93,004−38.6%Reduced
Sourcerock Group LLC146,969$2.39M0.10%+146,969New
Arrowstreet Capital, Limited Partnership144,438$2.35M0.00%+144,438New
Nokomis Capital, L.L.C.135,000$2.20M0.66%−362,531−72.9%Reduced
Marshall Wace, LLP131,380$2.14M0.00%+17,481+15.3%Added
AQR Capital Management LLC117,995$1.92M0.00%+698+0.6%Added
Verition Fund Management LLC104,003$1.69M0.02%+33,993+48.6%Added
Galaxy Digital Inc.100,000$1.63M0.26%+100,000New
Hohimer Wealth Management, LLC98,050$1.60M0.20%+98,050New
Russell Investments Group, Ltd.94,391$1.54M0.00%+39,276+71.3%Added
Voya Investment Management LLC92,388$1.50M0.00%−8,641−8.6%Reduced
Monashee Investment Management LLC90,000$1.47M0.80%+90,000New
Squarepoint Ops LLC84,609$1.38M0.00%+84,609New
Gotham Asset Management, LLC84,140$1.37M0.00%+17,868+27.0%Added
State of Wisconsin Investment Board83,651$1.36M0.00%+25,469+43.8%Added
Pekin Hardy Strauss, Inc.79,500$1.29M0.14%+28,900+57.1%Added
PEAK6 LLC76,733$1.25M0.04%+76,733New
Walleye Trading LLC73,572$1.20M0.02%+73,572New
JPMorgan Chase & Co70,757$1.19M0.00%−2,171−3.0%Reduced
VARCOV Co.71,813$1.17M0.44%+71,813New
Swiss National Bank69,600$1.13M0.00%+5,900+9.3%Added
Barings LLC69,239$1.13M0.02%00.0%Unchanged
Los Angeles Capital Management LLC62,150$1.01M0.00%+30,189+94.5%Added
Balyasny Asset Management LLC61,477$1.00M0.00%+61,477New
Martingale Asset Management L P58,758$956.6K0.02%+13,815+30.7%Added
Invesco Ltd.57,048$928.7K0.00%−11,972−17.3%Reduced
UBS Group AG56,278$916.2K0.00%−335−0.6%Reduced
Man Group plc54,262$883.4K0.00%+24,293+81.1%Added
Algert Global LLC52,911$861.4K0.01%−124,769−70.2%Reduced
Simplex Trading, LLC52,528$855.2K0.03%+20,897+66.1%Added
Exchange Traded Concepts, LLC51,726$842.1K0.01%+26,959+108.9%Added
Empowered Funds, LLC48,903$796.1K0.01%−35,465−42.0%Reduced
Bridgeway Capital Management, LLC48,903$796.1K0.02%−35,000−41.7%Reduced
Qube Research & Technologies Ltd48,848$795.2K0.00%−102,663−67.8%Reduced
Millennium Management LLC48,788$794.3K0.00%−560,530−92.0%Reduced
Levin Capital Strategies, L.P.43,208$703.4K0.05%+900+2.1%Added
Corsair Capital Management, L.P.41,009$667.6K0.10%+8,500+26.1%Added
Cambria Investment Management, L.P.40,958$666.8K0.04%+10,340+33.8%Added
SEI Investments Co40,446$658.5K0.00%−19,465−32.5%Reduced
Rhumbline Advisers40,187$654.2K0.00%+1,623+4.2%Added
Barclays PLC35,750$582.0K0.00%−65,745−64.8%Reduced
Alliancebernstein L.P.30,480$580.3K0.00%00.0%Unchanged
Quadrature Capital Ltd35,524$578.3K0.01%+35,524New
Creative Planning35,092$571.3K0.00%−3,075−8.1%Reduced
Natixis35,000$569.8K0.00%+23,700+209.7%Added
SG Americas Securities, LLC33,721$549.0K0.00%+8,675+34.6%Added
Boothbay Fund Management, LLC33,212$540.7K0.01%+33,212New
Canada Pension Plan Investment Board32,700$532.4K0.00%−4,600−12.3%Reduced
Two Sigma Investments, LP32,400$527.5K0.00%+32,400New
Bank of America Corp31,918$519.6K0.00%−20,788−39.4%Reduced
BKD Wealth Advisors, LLC31,501$512.8K0.01%00.0%Unchanged
Victory Capital Management Inc29,718$483.8K0.00%+29,718New
Quantinno Capital Management LP29,325$477.4K0.00%+6,417+28.0%Added
AdvisorShares Investments LLC28,600$465.6K0.08%+28,600New
Jane Street Group, LLC26,912$438.1K0.00%−78,157−74.4%Reduced
Peloton Wealth Strategists25,000$407.0K0.16%+1,000+4.2%Added
Price T Rowe Associates Inc23,920$390.0K0.00%+5,712+31.4%Added
Franklin Resources Inc22,763$370.6K0.00%+22,763New
Engineers Gate Manager LP22,585$367.7K0.00%−41,820−64.9%Reduced
DRW Securities, LLC22,450$365.5K0.02%+22,450New
Vanguard Asset Management, Ltd21,592$351.5K0.00%+21,592New
XTX Topco Ltd21,213$345.3K0.01%+21,213New
Penn Capital Management Co Inc19,904$324.0K0.03%+19,904New