Hallador Energy
HNRG
174 hedge funds and large institutions have $611M invested in Hallador Energy in 2025 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 53 increasing their positions, 44 reducing their positions, and 23 closing their positions.
169% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $8.97M
109% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 23
22% more capital invested
Capital invested by funds: $501M → $611M (+$110M)
20% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 44
15% more funds holding
Funds holding: 151 → 174 (+23)
13.7% more ownership
Funds ownership: 59.52% → 73.22% (+14%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$8.41M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.76M |
| 3 |
Bank of New York Mellon
New York
|
+$4.73M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$4.1M |
| 5 |
AG
Algert Global
San Francisco,
California
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$8.54M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$8.25M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$6.94M |
| 4 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$3.99M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$3.64M |
HNRG Hedge Fund Activity: Q4 2025 in Review
174 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in Hallador Energy (HNRG) for Q4 2025, worth a combined $611M — up 22% from $501M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new HNRG positions and 23 closed out — a net gain of 25 holders — while 53 added to existing stakes and 44 trimmed.
The largest buyer was Prudential Financial, adding an estimated $8.41M. The largest seller was Orbis Allan Gray, cutting an estimated $8.54M.
- 174 institutional investors held Hallador Energy (HNRG) as of Q4 2025, up from 151 in Q3 2025.
- Funds reported $611M of Hallador Energy stock for Q4 2025, up 22% quarter-over-quarter.
- 48 funds opened new Hallador Energy positions in Q4 2025 and 23 closed out, a net change of +25 holders.
- The largest Hallador Energy buyer in Q4 2025 was Prudential Financial, an estimated $8.41M added.
- The largest Hallador Energy seller in Q4 2025 was Orbis Allan Gray, an estimated $8.54M sold.
Based on aggregated 13F filings for Q4 2025.