Who owns HNRG (HNRG)
Which tracked institutional funds hold HNRG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HNRG company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
40 tracked funds added or opened HNRG while 48 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
HNRG’s largest tracked holder by dollar value, Lubar & Co., Inc, sizes it at 84.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 84.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HNRG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 184 tracked filers holding HNRG, 107 increased or opened the position and 89 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in HNRG between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 20
- VANGUARD CAPITAL MANAGEMENT LLC$24M
- VANGUARD PORTFOLIO MANAGEMENT LLC$13M
- Empyrean Capital Partners, LP$8M
- CenterBook Partners LP$7M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M
- VANGUARD FIDUCIARY TRUST CO$4M
Full exits 13
- VANGUARD GROUP INC$39M
- ExodusPoint Capital Management, LP$5M
- Informed Momentum Co LLC$5M
- Trexquant Investment LP$3M
- Hillsdale Investment Management Inc.$3M
- Kestra Advisory Services, LLC$2M
Largest adds
- Dayah Capital LLC$8M
- DEUTSCHE BANK AG\$4M
- CITADEL ADVISORS LLC$3M
- Point72 Asset Management, L.P.$3M
- Hudson Bay Capital Management LP$3M
- GOLDMAN SACHS GROUP INC$1M
Largest trims
- Lubar & Co., Inc$15M
- PRUDENTIAL FINANCIAL INC$12M
- MILLENNIUM MANAGEMENT LLC$11M
- AMERIPRISE FINANCIAL INC$10M
- Nokomis Capital, L.L.C.$7M
- BlackRock, Inc.$5M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Lubar & Co., Inc | 5,452,019 | $89M | 13.9% | 2026-Q1 |
| BlackRock, Inc. added | 2,394,746 | $39M | 6.1% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 1,901,254 | $31M | 4.8% | 2026-Q1 |
| AEGIS FINANCIAL CORP | 1,814,026 | $30M | 4.6% | 2026-Q1 |
| Orbis Allan Gray Ltd added | 1,759,811 | $29M | 4.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,485,829 | $24M | 3.8% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 1,383,127 | $23M | 3.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,022,983 | $17M | 2.6% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 990,740 | $16M | 2.5% | 2026-Q1 |
| Apis Capital Advisors, LLC trimmed | 839,000 | $14M | 2.1% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 772,186 | $13M | 2.0% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 710,996 | $12M | 1.8% | 2026-Q1 |
| STATE STREET CORP added | 709,298 | $12M | 1.8% | 2026-Q1 |
| Dayah Capital LLC added | 648,300 | $11M | 1.6% | 2026-Q1 |
| FMR LLC added | 643,245 | $10M | 1.6% | 2026-Q1 |
| Nuveen, LLC added | 637,160 | $10M | 1.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 620,250 | $10M | 1.6% | 2026-Q1 |
| Empyrean Capital Partners, LP added | 500,000 | $8M | 1.3% | 2026-Q1 |
| GARNET EQUITY CAPITAL HOLDINGS, INC. added | 432,474 | $7M | 1.1% | 2026-Q1 |
| CenterBook Partners LP trimmed | 422,960 | $7M | 1.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 409,491 | $7M | 1.0% | 2026-Q1 |
| MORGAN STANLEY added | 406,388 | $7M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp added | 398,633 | $6M | 1.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 353,769 | $6M | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 345,220 | $6M | 0.9% | 2026-Q1 |
| Value Aligned Research Advisors, LLC | 320,759 | $5M | 0.8% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 308,255 | $5M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP added | 305,925 | $5M | 0.8% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 292,313 | $5M | 0.7% | 2026-Q1 |
| Hudson Bay Capital Management LP added | 265,841 | $4M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 257,261 | $4M | 0.7% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 255,645 | $4M | 0.6% | 2026-Q1 |
| Western Standard LLC new | 228,662 | $4M | 0.6% | 2026-Q1 |
| Steamboat Capital Partners, LLC trimmed | 201,139 | $3M | 0.5% | 2026-Q1 |
| WEXFORD CAPITAL LP added | 161,310 | $3M | 0.4% | 2026-Q1 |
| JB CAPITAL PARTNERS LP | 160,000 | $3M | 0.4% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 153,378 | $2M | 0.4% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 148,085 | $2M | 0.4% | 2026-Q1 |
| Sourcerock Group LLC new | 146,969 | $2M | 0.4% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 144,438 | $2M | 0.4% | 2026-Q1 |
| Nokomis Capital, L.L.C. trimmed | 135,000 | $2M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP added | 131,380 | $2M | 0.3% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 114,202 | $2M | 0.3% | 2026-Q1 |
| Verition Fund Management LLC added | 104,003 | $2M | 0.3% | 2026-Q1 |
| Galaxy Digital Inc. new | 100,000 | $2M | 0.3% | 2026-Q1 |
| HOHIMER WEALTH MANAGEMENT, LLC new | 98,050 | $2M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 94,391 | $2M | 0.2% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 92,388 | $2M | 0.2% | 2026-Q1 |
| Monashee Investment Management LLC new | 90,000 | $1M | 0.2% | 2026-Q1 |
| Squarepoint Ops LLC added | 84,609 | $1M | 0.2% | 2026-Q1 |
| Gotham Asset Management, LLC added | 84,140 | $1M | 0.2% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 83,651 | $1M | 0.2% | 2026-Q1 |
| Pekin Hardy Strauss, Inc. added | 79,500 | $1M | 0.2% | 2026-Q1 |
| PEAK6 LLC added | 76,733 | $1M | 0.2% | 2026-Q1 |
| Walleye Trading LLC added | 73,572 | $1M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 70,757 | $1M | 0.2% | 2026-Q1 |
| VARCOV Co. new | 71,813 | $1M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 69,600 | $1M | 0.2% | 2026-Q1 |
| BARINGS LLC | 69,239 | $1M | 0.2% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 62,150 | $1M | 0.2% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 61,477 | $1M | 0.2% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P added | 58,758 | $957K | 0.1% | 2026-Q1 |
| Invesco Ltd. trimmed | 57,048 | $929K | 0.1% | 2026-Q1 |
| UBS Group AG trimmed | 56,278 | $916K | 0.1% | 2026-Q1 |
| Man Group plc added | 54,262 | $883K | 0.1% | 2026-Q1 |
| ALGERT GLOBAL LLC trimmed | 52,911 | $861K | 0.1% | 2026-Q1 |
| SIMPLEX TRADING, LLC added | 52,528 | $855K | 0.1% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC added | 51,726 | $842K | 0.1% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed | 48,903 | $796K | 0.1% | 2026-Q1 |
| Empowered Funds, LLC trimmed | 48,903 | $796K | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 48,848 | $795K | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 48,788 | $794K | 0.1% | 2026-Q1 |
| LEVIN CAPITAL STRATEGIES, L.P. added | 43,208 | $703K | 0.1% | 2026-Q1 |
| CORSAIR CAPITAL MANAGEMENT, L.P. added | 41,009 | $668K | 0.1% | 2026-Q1 |
| Cambria Investment Management, L.P. added | 40,958 | $667K | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 40,446 | $659K | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 40,187 | $654K | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 2,042,232 | $39M | 6.1% | 2025-Q4 stale |
| HIGHLAND PEAK CAPITAL, LLC trimmed | 1,024,667 | $16M | 2.5% | 2025-Q2 stale |
| ExodusPoint Capital Management, LP added | 245,305 | $5M | 0.7% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 285,901 | $5M | 0.7% | 2025-Q2 stale |
| Informed Momentum Co LLC added | 237,667 | $5M | 0.7% | 2025-Q4 stale |
| OnyxPoint Global Management LP added | 364,917 | $4M | 0.7% | 2025-Q1 stale |
| HEARTLAND ADVISORS INC trimmed | 300,000 | $4M | 0.6% | 2025-Q1 stale |
| Yaupon Capital Management LP trimmed | 275,665 | $3M | 0.5% | 2025-Q1 stale |
| Trexquant Investment LP trimmed | 150,103 | $3M | 0.4% | 2025-Q4 stale |
| Hillsdale Investment Management Inc. trimmed | 139,700 | $3M | 0.4% | 2025-Q4 stale |
| Kestra Advisory Services, LLC new | 92,006 | $2M | 0.3% | 2025-Q4 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC new | 109,598 | $2M | 0.3% | 2025-Q2 stale |
| SummerHaven Investment Management, LLC added | 107,766 | $2M | 0.3% | 2025-Q2 stale |
| TUDOR INVESTMENT CORP ET AL | 82,250 | $2M | 0.3% | 2025-Q4 stale |
| GREAT LAKES ADVISORS, LLC trimmed | 77,973 | $1M | 0.2% | 2025-Q4 stale |
| Jackson Creek Investment Advisors LLC new | 71,590 | $1M | 0.2% | 2025-Q4 stale |
| Resolute Capital Asset Partners LLC new | 70,000 | $1M | 0.2% | 2025-Q4 stale |
| Covalis Capital LLP added | 98,453 | $1M | 0.2% | 2025-Q1 stale |
| Jump Financial, LLC added | 91,704 | $1M | 0.2% | 2025-Q1 stale |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. added | 56,900 | $1M | 0.2% | 2025-Q4 stale |
| SIERRA SUMMIT ADVISORS LLC new | 54,384 | $1M | 0.2% | 2025-Q3 stale |
| HRT FINANCIAL LP added | 38,195 | $727K | 0.1% | 2025-Q4 stale |
| CastleKnight Management LP trimmed | 35,200 | $689K | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.