HF Sinclair
DINO
615 hedge funds and large institutions have $7.41B invested in HF Sinclair in 2025 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 231 increasing their positions, 193 reducing their positions, and 69 closing their positions.
43% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 69
20% more repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 193
6.22% more ownership
Funds ownership: 81.1% → 87.32% (+6.2%)
3% more funds holding
Funds holding: 596 → 615 (+19)
4% more call options, than puts
Call options by funds: $61.6M | Put options by funds: $59.3M
7% less capital invested
Capital invested by funds: $7.94B → $7.41B (-$533M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$89.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$46.6M |
| 3 |
Squarepoint
New York
|
+$38.8M |
| 4 |
Two Sigma Investments
New York
|
+$38.1M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$37.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$104M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$36.5M |
| 3 |
MIM
Merewether Investment Management
Dallas,
Texas
|
-$35.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$29.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19.4M |
DINO Hedge Fund Activity: Q4 2025 in Review
615 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in HF Sinclair (DINO) for Q4 2025, worth a combined $7.41B — down 6.7% from $7.94B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new DINO positions and 69 closed out — a net gain of 30 holders — while 231 added to existing stakes and 193 trimmed.
The largest buyer was NFJ Investment Group, adding an estimated $89.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $104M.
- 615 institutional investors held HF Sinclair (DINO) as of Q4 2025, up from 596 in Q3 2025.
- Funds reported $7.41B of HF Sinclair stock for Q4 2025, down 6.7% quarter-over-quarter.
- 99 funds opened new HF Sinclair positions in Q4 2025 and 69 closed out, a net change of +30 holders.
- The largest HF Sinclair buyer in Q4 2025 was NFJ Investment Group, an estimated $89.6M added.
- The largest HF Sinclair seller in Q4 2025 was T. Rowe Price Associates, an estimated $104M sold.
Based on aggregated 13F filings for Q4 2025.