Hallador Energy
HNRG
151 hedge funds and large institutions have $501M invested in Hallador Energy in 2025 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 53 reducing their positions, and 22 closing their positions.
224% more call options, than puts
Call options by funds: $54.8M | Put options by funds: $16.9M
32% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 22
20% more capital invested
Capital invested by funds: $416M → $501M (+$84.6M)
5% more funds holding
Funds holding: 144 → 151 (+7)
9% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 53
1.66% less ownership
Funds ownership: 61.18% → 59.52% (-1.7%)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$32.8M |
| 2 |
Millennium Management
New York
|
+$8.53M |
| 3 |
VARA
Value Aligned Research Advisors
Princeton,
New Jersey
|
+$5.03M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$4.59M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPC
Highland Peak Capital
Old Greenwich,
Connecticut
|
-$16.2M |
| 2 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
-$12.5M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.74M |
| 4 |
Morgan Stanley
New York
|
-$5.23M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.57M |
HNRG Hedge Fund Activity: Q3 2025 in Review
151 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Hallador Energy (HNRG) for Q3 2025, worth a combined $501M — up 20% from $416M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new HNRG positions and 22 closed out — a net gain of 7 holders — while 48 added to existing stakes and 53 trimmed.
The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $32.8M. The largest seller was Highland Peak Capital, exiting entirely with an estimated $16.2M sold.
- 151 institutional investors held Hallador Energy (HNRG) as of Q3 2025, up from 144 in Q2 2025.
- Funds reported $501M of Hallador Energy stock for Q3 2025, up 20% quarter-over-quarter.
- 29 funds opened new Hallador Energy positions in Q3 2025 and 22 closed out, a net change of +7 holders.
- The largest Hallador Energy buyer in Q3 2025 was Orbis Allan Gray, an estimated $32.8M added.
- The largest Hallador Energy seller in Q3 2025 was Highland Peak Capital, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2025.