Hallador Energy
HNRG • NASDAQ
Hallador Energy is a coal company in the energy sector on NASDAQ, led by Brent K. Bilsland, with a market cap of $977.3M. As of Q3 2025, 60% of shares are held by 150 institutional investors, with VANGUARD GROUP INC as the largest holder at 5.19%.
CEOBrent K. Bilsland
Overview
Overview of institutional ownership in HNRG as of Q3 2025 with a market cap of $841.7M
All Institutions
- Institutions
- 150
- Value Held
- $501.2M
- Shares Held
- 25.6M
- Avg Position
- $3.3M
- Median Position
- $529.1K
Hedge Funds
- Hedge Funds
- 35
- Value Held
- $133.6M
- Shares Held
- 6.8M
- Avg Position
- $3.8M
- Median Position
- $1.6M
Ownership Breakdown
Based on market cap of $841.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in HNRG as of Q3 2025
| Institution | Position Value |
|---|---|
 VANGUARD GROUP INC Institution | $43.6M 0.00% of portfolio |
B BlackRock, Inc. Institution | $42.3M 0.00% of portfolio |
 AEGIS FINANCIAL CORP Long Only Manager | $39.4M 15.06% of portfolio |
O Orbis Allan Gray Ltd RIA/Wealth | $37.4M 0.16% of portfolio |
 Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy | $31.5M 0.07% of portfolio |
A AMERICAN CENTURY COMPANIES INC Institution | $23.2M 0.01% of portfolio |
 AMERIPRISE FINANCIAL INC Institution | $20.5M 0.00% of portfolio |
 DIMENSIONAL FUND ADVISORS LP Long Only Manager | $17.1M 0.00% of portfolio |
 APIS CAPITAL ADVISORS, LLC Hedge Fund•Long/Short | $16.7M 3.55% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $15.3M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for HNRG in Q3 2025
- Traded
- −$756.1K
- Buyers
- 79
- Sellers
- 73
- Total Bought
- +$97.8M
- Total Sold
- −$98.5M
- Avg Position
- $2.9M
Biggest Buyers
| Institution | Net Bought |
|---|---|
O Orbis Allan Gray Ltd RIA/Wealth | +$37.4M +1.9M shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$9.7M +496.6K shares |
V Value Aligned Research Advisors, LLC Hedge Fund•Long/Short | +$5.7M +292.6K shares |
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy | +$5.2M +267.2K shares |
 SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager | +$4.9M +249.9K shares |
 ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy | +$4.0M +203.1K shares |
 Verition Fund Management LLC Hedge Fund•Multi-Strategy | +$3.9M +201.2K shares |
 FMR LLC Institution | +$3.1M +157.5K shares |
 GREAT LAKES ADVISORS, LLC Long Only Manager | +$2.2M +114.2K shares |
A AMERICAN CENTURY COMPANIES INC Institution | +$2.2M +113.5K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 Highland Peak Capital, LLC Hedge Fund•Multi-Strategy | −$16.2M −1.0M shares |
 CenterBook Partners LP Hedge Fund•Market Neutral | −$12.5M −786.7K shares |
 ACADIAN ASSET MANAGEMENT LLC Long Only Manager | −$6.7M −425.6K shares |
 MORGAN STANLEY RIA/Wealth | −$6.0M −304.6K shares |
DIMENSIONAL FUND ADVISORS LP Long Only Manager | −$5.2M −266.0K shares |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | −$5.1M −259.4K shares |
C Cubist Systematic Strategies, LLC Institution | −$4.5M −285.9K shares |
 TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy | −$3.4M −173.4K shares |
 Counterpoint Mutual Funds LLC ETF Provider | −$2.9M −150.4K shares |
AMERIPRISE FINANCIAL INC Institution | −$2.6M −133.7K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited HNRG in Q3 2025
- New Positions
- 15
- New Value
- $39.8M
- Exited Positions
- 21
- Exited Value
- $50.9M
New Positions
| Institution | Position Value |
|---|---|
O Orbis Allan Gray Ltd RIA/Wealth | $37.4M 1.9M shares |
 SIERRA SUMMIT ADVISORS LLC RIA/Wealth | $1.1M 54.4K shares |
S Shay Capital LLC Institution | $685.0K 35.0K shares |
V Vestcor Investment Management Corp Institution | $279.3K 14.3K shares |
P PharVision Advisers, LLC Hedge Fund•Long/Short | $220.7K 11.3K shares |
H Hilltop National Bank Institution | $88.1K 4.5K shares |
S State of Alaska, Department of Revenue Institution | $32.2K 1.6K shares |
A Arrowpoint Investment Partners Pte. Ltd. Institution | $13.7K 700.0 shares |
 Hurley Capital, LLC RIA/Wealth | $9.8K 500.0 shares |
 Hanson McClain, Inc. RIA/Wealth | $4.7K 239.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Highland Peak Capital, LLC Hedge Fund•Multi-Strategy | $16.2M 1.0M shares |
CenterBook Partners LP Hedge Fund•Market Neutral | $12.5M 786.7K shares |
ACADIAN ASSET MANAGEMENT LLC Long Only Manager | $6.7M 425.6K shares |
C Cubist Systematic Strategies, LLC Institution | $4.5M 285.9K shares |
 FIRST TRUST ADVISORS LP ETF Provider | $1.7M 109.6K shares |
 VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy | $1.7M 109.6K shares |
 SummerHaven Investment Management, LLC Long Only Manager | $1.7M 107.8K shares |
J JANE STREET GROUP, LLC Institution | $1.3M 79.8K shares |
X XTX Topco Ltd Institution | $1.1M 66.6K shares |
 Centiva Capital, LP Hedge Fund•Multi-Strategy | $539.7K 34.1K shares |
Options Activity
Institutions with the largest Call and Put options positions in HNRG as of Q3 2025
- Call Positions
- 16
- Call Value
- $40.1M
- Put Positions
- 7
- Put Value
- $13.0M
Call Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $13.9M 7.1K contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $5.4M 2.8K contracts |
G GARNET EQUITY CAPITAL HOLDINGS, INC. Hedge Fund•Long/Short | $4.9M 2.5K contracts |
W WOLVERINE TRADING, LLC Institution | $4.2M 2.2K contracts |
A Arrowpoint Investment Partners Pte. Ltd. Institution | $3.8M 1.9K contracts |
J JANE STREET GROUP, LLC Institution | $3.6M 1.8K contracts |
 Caption Management, LLC Hedge Fund•Long/Short | $1.6M 825.0 contracts |
D D. E. Shaw & Co., Inc. Institution | $1.3M 649.0 contracts |
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | $440.3K 225.0 contracts |
 DLD Asset Management, LP Hedge Fund•Multi-Strategy | $410.9K 210.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
Caption Management, LLC Hedge Fund•Long/Short | $4.4M 2.3K contracts |
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | $4.4M 2.3K contracts |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $2.8M 1.4K contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $1.2M 634.0 contracts |
 Walleye Trading LLC RIA/Wealth | $86.1K 44.0 contracts |
 Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | $35.2K 18.0 contracts |
Centiva Capital, LP Hedge Fund•Multi-Strategy | - - contracts |
Most Committed Institutions
Institutions with HNRG as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
AEGIS FINANCIAL CORP Long Only Manager | 15.06% $39.4M |
APIS CAPITAL ADVISORS, LLC Hedge Fund•Long/Short | 3.55% $16.7M |
G GARNET EQUITY CAPITAL HOLDINGS, INC. Hedge Fund•Long/Short | 2.57% $5.9M |
N Nokomis Capital, L.L.C. Hedge Fund•Long/Short | 2.57% $7.1M |
S Steamboat Capital Partners, LLC Hedge Fund•Long/Short | 1.49% $5.7M |
B Beryl Capital Management LLC Hedge Fund•Event Driven | 0.67% $348.3K |
 WEXFORD CAPITAL LP Hedge Fund•Multi-Strategy | 0.54% $1.8M |
J JB CAPITAL PARTNERS LP Hedge Fund•Value | 0.54% $3.1M |
 Empyrean Capital Partners, LP Hedge Fund•Event Driven | 0.36% $6.9M |
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager | 0.20% $9.6M |
Hedge Fund Spotlight
Discover hedge funds investing in HNRG
Trexquant Investment LP
Hedge Fund • Quant
Portfolio ManagerTaesoon (Tyger) Park
- Portfolio Value
- $9.7B
- Positions
- 1,540
- Last Reported
- Q3 2025
Sector Allocation
Position in Hallador Energy
- Market Value
- $3.7M
- Shares Held
- 189.7K
- Portfolio Weight
- 0.04%
- Owned Since
- 2023-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Semiconductors Technology | $233.6M | 2.41% | |
Software - Infrastructure Technology | $138.5M | 1.43% | |
Discount Stores Consumer Defensive | $122.3M | 1.26% |
