HNRG HALLADOR ENERGY COMPANY
COM
CUSIP: 40609P105
FIGI: BBG000DP9RS0
Institutional Holders175
Total Institutional Value$625,308,025
Total Shares Held33,227,108
Avg Position$3,573,189
Top 5 Holders %40.8%
Alpha-Weighted Score66.7
New Positions+43
Exited Positions-23
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $44,262,774 (7.1%) | 2,324,726 | 4.8% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $44,182,472 (7.1%) | 2,320,508 | - |
| BERNO GAMBAL & BARBEE INC | Elite Conviction | Minimal Flow | $34,539,055 (5.5%) | 1,814,026 | -12.2% |
| ORBIS ALLAN GRAY LTD | High Conviction | Moderate Flow | $28,372,418 (4.5%) | 1,490,148 | -24.2% |
| POINT72 ASSET MANAGEMENT, L.P. | Moderate Conviction | Market Mover | $27,877,473 (4.5%) | 1,464,153 | -11.4% |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $23,883,567 (3.8%) | 1,254,389 | 3.0% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $20,125,012 (3.2%) | 1,056,984 | -2.0% |
| APIS CAPITAL ADVISORS, LLC | Elite Conviction | Minimal Flow | $17,402,560 (2.8%) | 914,000 | 4.1% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $17,386,879 (2.8%) | 913,202 | - |
| PRUDENTIAL FINANCIAL INC | High Conviction | Significant Flow | $16,153,879 (2.6%) | 848,418 | 90.6% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $15,714,021 (2.5%) | 825,105 | 2.4% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $14,310,464 (2.3%) | 751,600 | -15.4% |
| STATE STREET CORP | High Conviction | Market Mover | $12,795,718 (2.0%) | 672,044 | - |
| Nuveen, LLC | High Conviction | Market Mover | $11,967,269 (1.9%) | 628,533 | 35.5% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $11,601,415 (1.9%) | 609,318 | 12.9% |
| FMR LLC | High Conviction | Market Mover | $9,903,917 (1.6%) | 520,164 | 21.4% |
| NOKOMIS CAPITAL, L.L.C. | High Conviction | Minimal Flow | $9,472,990 (1.5%) | 497,531 | 33.5% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $8,435,615 (1.3%) | 443,047 | 11.8% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $7,716,474 (1.2%) | 405,277 | 1,671.6% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $7,661,573 (1.2%) | 402,393 | -15.0% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $7,495,001 (1.2%) | 393,645 | -2.6% |
| GARNET EQUITY CAPITAL HOLDINGS, INC. | Moderate Conviction | Low Flow | $6,813,274 (1.1%) | 357,840 | -36.7% |
| VALUE ALIGNED RESEARCH ADVISORS, LLC | High Conviction | Low Flow | $6,107,251 (1.0%) | 320,759 | -2.7% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $6,081,447 (1.0%) | 319,404 | 261.7% |
| RENAISSANCE TECHNOLOGIES LLC | High Conviction | Significant Flow | $5,701,623 (0.9%) | 299,455 | -10.7% |
| STEAMBOAT CAPITAL PARTNERS, LLC | High Conviction | Minimal Flow | $5,560,232 (0.9%) | 292,029 | -3.0% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $5,256,715 (0.8%) | 276,088 | -5.2% |
| EXODUSPOINT CAPITAL MANAGEMENT, LP | High Conviction | Significant Flow | $4,670,607 (0.7%) | 245,305 | 17.5% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $4,590,335 (0.7%) | 241,089 | 3.4% |
| EUDAIMONIA ASSET MANAGEMENT LLC | Moderate Conviction | Low Flow | $4,525,180 (0.7%) | 237,667 | 556.3% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $4,341,653 (0.7%) | 228,028 | -19.5% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $3,902,610 (0.6%) | 204,969 | 8.9% |
| EMPOWERED FUNDS, LLC | Moderate Conviction | Significant Flow | $3,212,734 (0.5%) | 168,736 | -37.8% |
| JB CAPITAL PARTNERS LP | Elite Conviction | Minimal Flow | $3,046,400 (0.5%) | 160,000 | -2.7% |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | High Conviction | Significant Flow | $2,956,265 (0.5%) | 155,266 | - |
| QUBE RESEARCH & TECHNOLOGIES LTD | Moderate Conviction | Market Mover | $2,884,769 (0.5%) | 151,511 | 67.7% |
| TREXQUANT INVESTMENT LP | High Conviction | Significant Flow | $2,857,961 (0.5%) | 150,103 | -23.0% |
| HILLSDALE INVESTMENT MANAGEMENT INC. | High Conviction | Moderate Flow | $2,659,888 (0.4%) | 139,700 | NEW |
| AQR CAPITAL MANAGEMENT LLC | High Conviction | Market Mover | $2,233,335 (0.4%) | 117,297 | -5.0% |
| MARSHALL WACE, LLP | Moderate Conviction | Market Mover | $2,168,637 (0.3%) | 113,899 | NEW |
| BARCLAYS PLC | High Conviction | Market Mover | $1,932,464 (0.3%) | 101,495 | -16.8% |
| VOYA INVESTMENT MANAGEMENT LLC | Moderate Conviction | Market Mover | $1,923,592 (0.3%) | 101,029 | -28.8% |
| KESTRA ADVISORY SERVICES, LLC | High Conviction | Significant Flow | $1,751,794 (0.3%) | 92,006 | NEW |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | High Conviction | Moderate Flow | $1,597,513 (0.3%) | 83,903 | -83.4% |
| WEXFORD MANAGEMENT LLC | High Conviction | Low Flow | $1,502,260 (0.2%) | 78,900 | -15.6% |
| WAYNE HUMMER MANAGEMENT CO | High Conviction | Significant Flow | $1,484,606 (0.2%) | 77,973 | -33.6% |
| HUDSON BAY CAPITAL MANAGEMENT, L.P. | High Conviction | Significant Flow | $1,436,187 (0.2%) | 75,430 | -7.8% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $1,388,549 (0.2%) | 72,928 | -76.5% |
| VERITION FUND MANAGEMENT LLC | High Conviction | Significant Flow | $1,332,990 (0.2%) | 70,010 | -72.0% |
| RESOLUTE CAPITAL ASSET PARTNERS LLC | High Conviction | Minimal Flow | $1,332,800 (0.2%) | 70,000 | NEW |
| BARINGS LLC | Elite Conviction | Moderate Flow | $1,318,311 (0.2%) | 69,239 | -2.7% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $1,314,140 (0.2%) | 69,020 | -27.6% |
| GOTHAM ASSET MANAGEMENT, LLC | High Conviction | Significant Flow | $1,261,819 (0.2%) | 66,272 | -12.5% |
| ENGINEERS GATE MANAGER LP | High Conviction | Moderate Flow | $1,226,271 (0.2%) | 64,405 | -10.5% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $1,212,848 (0.2%) | 63,700 | NEW |
| SEI INVESTMENTS CO | High Conviction | Market Mover | $1,140,700 (0.2%) | 59,911 | NEW |
| STATE OF WISCONSIN INVESTMENT BOARD | High Conviction | Significant Flow | $1,107,785 (0.2%) | 58,182 | 11.6% |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. | High Conviction | Low Flow | $1,083,376 (0.2%) | 56,900 | -71.4% |
| UBS Group AG | Moderate Conviction | Market Mover | $1,077,911 (0.2%) | 56,613 | -38.1% |
| RUSSELL INVESTMENTS GROUP, LTD. | Moderate Conviction | Market Mover | $1,049,388 (0.2%) | 55,115 | -5.2% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $1,003,522 (0.2%) | 52,706 | -40.8% |
| PEKIN SINGER STRAUSS ASSET MANAGEMENT /IL | High Conviction | Low Flow | $963,424 (0.2%) | 50,600 | 8.0% |
| MARTINGALE ASSET MANAGEMENT L P | High Conviction | Moderate Flow | $855,716 (0.1%) | 44,943 | NEW |
| LEVIN CAPITAL STRATEGIES, L.P. | Moderate Conviction | Low Flow | $805,544 (0.1%) | 42,308 | - |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $734,249 (0.1%) | 38,564 | -17.4% |
| CREATIVE PLANNING | High Conviction | Significant Flow | $726,700 (0.1%) | 38,167 | -9.5% |
| CANADA PENSION PLAN INVESTMENT BOARD | High Conviction | Significant Flow | $710,192 (0.1%) | 37,300 | NEW |
| SHAY CAPITAL LLC | High Conviction | Low Flow | $666,400 (0.1%) | 35,000 | -2.7% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $647,632 (0.1%) | 34,014 | 68.0% |
| LOS ANGELES CAPITAL MANAGEMENT LLC | High Conviction | Significant Flow | $646,251 (0.1%) | 31,961 | 4.2% |
| TWO SIGMA ADVISERS, LP | High Conviction | Significant Flow | $624,512 (0.1%) | 32,800 | -19.8% |
| CORSAIR CAPITAL MANAGEMENT, L.P. | Elite Conviction | Minimal Flow | $618,971 (0.1%) | 32,509 | -29.7% |
| SIMPLEX TRADING, LLC | Moderate Conviction | Market Mover | $602,254 (0.1%) | 31,631 | 82,287.7% |
| FORVIS WEALTH ADVISORS, LLC | High Conviction | Low Flow | $599,780 (0.1%) | 31,501 | -2.7% |
| CAMBRIA INVESTMENT MANAGEMENT, L.P. | Moderate Conviction | Low Flow | $582,967 (0.1%) | 30,618 | 18.1% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $580,339 (0.1%) | 30,480 | -2.7% |
| MAN GROUP PLC | High Conviction | Significant Flow | $570,610 (0.1%) | 29,969 | -40.6% |
| DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN | High Conviction | Market Mover | $493,650 (0.1%) | 25,927 | NEW |
| FAITHSHARES ADVISORS LLC | Moderate Conviction | Significant Flow | $471,564 (0.1%) | 24,767 | -8.5% |
| QUANTINNO CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $436,168 (0.1%) | 22,908 | 12.6% |
| FOX RUN MANAGEMENT, L.L.C. | Moderate Conviction | Low Flow | $376,973 (0.1%) | 19,799 | NEW |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $365,835 (0.1%) | 19,214 | NEW |
| Y-INTERCEPT (HONG KONG) LTD | High Conviction | Moderate Flow | $357,209 (0.1%) | 18,761 | -81.9% |
| Massar Capital Management, LP | Moderate Conviction | Low Flow | $355,800 (0.1%) | 18,687 | NEW |
| SPRINGBOK CAPITAL MANAGEMENT, LLC | Moderate Conviction | Moderate Flow | $355,191 (0.1%) | 18,655 | NEW |
| METLIFE INVESTMENT MANAGEMENT, LLC | High Conviction | Significant Flow | $351,916 (0.1%) | 18,483 | -2.7% |
| LAZARD ASSET MANAGEMENT LLC | High Conviction | Significant Flow | $346,909 (0.1%) | 18,220 | NEW |
| INTECH INVESTMENT MANAGEMENT LLC | High Conviction | Significant Flow | $342,987 (0.1%) | 18,014 | 39.8% |
| AXQ CAPITAL, LP | Moderate Conviction | Low Flow | $342,758 (0.1%) | 18,002 | NEW |
| BLEAKLEY FINANCIAL GROUP, LLC | High Conviction | Moderate Flow | $334,952 (0.1%) | 17,592 | - |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $321,945 (0.1%) | 16,900 | NEW |
| STRS OHIO | High Conviction | Significant Flow | $277,984 (0.0%) | 14,600 | -2.7% |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | High Conviction | Significant Flow | $276,347 (0.0%) | 14,514 | -21.7% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | High Conviction | Significant Flow | $274,919 (0.0%) | 14,439 | - |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $268,503 (0.0%) | 14,102 | 122.7% |
| NEW YORK STATE COMMON RETIREMENT FUND | High Conviction | Market Mover | $251,100 (0.0%) | 13,188 | -92.2% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $246,303 (0.0%) | 12,936 | NEW |
| CETERA INVESTMENT ADVISERS | High Conviction | Significant Flow | $242,969 (0.0%) | 12,761 | NEW |
| BREVAN HOWARD CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $236,363 (0.0%) | 12,414 | NEW |
| Permanent Capital Management, LP | High Conviction | Minimal Flow | $224,234 (0.0%) | 11,777 | -2.7% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 173 | $0.63B | 33,227,108 | $18.82 |
| Q3 25 | 153 | $0.56B | 28,957,262 | $19.35 |
| Q2 25 | 147 | $0.47B | 30,128,092 | $15.45 |
| Q1 25 | 143 | $0.37B | 29,951,004 | $12.23 |
| Q4 24 | 128 | $0.27B | 23,531,771 | $11.37 |
| Q3 24 | 117 | $0.19B | 20,513,558 | $9.31 |
| Q2 24 | 110 | $0.16B | 20,747,985 | $7.64 |
| Q1 24 | 99 | $0.08B | 16,389,833 | $4.85 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.