HIGHLAND PEAK CAPITAL, LLC HNRG — HALLADOR ENERGY COMPANY

Ownership history in HIGHLAND PEAK CAPITAL, LLC  ·  5 quarters on record

AI Ownership Summary

HIGHLAND PEAK CAPITAL, LLC reported HALLADOR ENERGY COMPANY (HNRG) in 5 quarterly 13F filings from 2024 Q4 through 2026 Q2. Peak portfolio weight reached 12.79% in 2025 Q1. The latest visible filing shows HNRG at 4.79% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this HNRG ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was HIGHLAND PEAK CAPITAL, LLC's position in HALLADOR ENERGY COMPANY, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

HNRG was reported at 4.79% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
12.79% in 2025 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q4 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

HNRG stock page HIGHLAND PEAK CAPITAL, LLC fund profile HIGHLAND PEAK CAPITAL, LLC full holdings
How HIGHLAND PEAK CAPITAL, LLC held HNRG — position size vs. price
% of Fund (quarterly)    HNRG price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 5 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 REDUCED — — — 947,219 -77,448 -7.6% 4.79% $16.5M 2026-08-12 $15.77
2025 Q2 REDUCED 27.6% +22.3% ❌ 1,024,667 -390,813 -27.6% 6.07% $16.2M 2025-08-12 $18.26
2025 Q1 ADDED — — — 1,415,480 +1,265,480 +843.7% 12.79% $17.4M 2025-05-09 $15.31
2025 Q1 REDUCED 70.9% +28.9% ❌ 150,000 -364,863 -70.9% 1.35% $1.8M 2025-05-09 $15.31
2024 Q4 INITIATED — — — 514,863 — — 3.23% $5.9M 2025-02-07 $10.76

🏢 Other funds also holding HNRG

As of 2026 Q2 — sorted by position size

Lubar & Co., Inc 3Y 7Y 74.99% Dayah Capital LLC 5.2% AEGIS FINANCIAL CORP 3Y 7Y 4.98% Tyro Capital Management LLC 2.87% Dayah Capital LLC 2.78% GARNET EQUITY CAPITAL HOLDINGS, INC. 3Y 7Y 2.08% Beartown Capital Management, LLC 1.53% GeoSphere Capital Management, LLC 3Y 7Y 0.85% Nokomis Capital, L.L.C. 3Y 7Y 0.79% VARCOV Co. 0.47%

FAQ About HIGHLAND PEAK CAPITAL, LLC and HNRG

These are the practical questions this page is built to answer before you even open the full history table.

How long has HIGHLAND PEAK CAPITAL, LLC reported owning HNRG?

HIGHLAND PEAK CAPITAL, LLC reported HNRG across 5 quarterly 13F filings, from 2024 Q4 through 2026 Q2.

What was the largest reported HNRG position in HIGHLAND PEAK CAPITAL, LLC's portfolio?

The largest reported portfolio weight for HNRG was 12.79% in 2025 Q1.

What is the latest reported HNRG position on this page?

The most recent filing on this page is 2026 Q2, when HIGHLAND PEAK CAPITAL, LLC reported 947,219 shares, equal to 4.79% of portfolio, with an estimated market value of $16.5M.

What does the chart on this HNRG ownership page compare?

The chart compares HIGHLAND PEAK CAPITAL, LLC's quarterly HNRG portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did HIGHLAND PEAK CAPITAL, LLC time their HNRG position?

Based on 13F filing dates vs. subsequent HNRG price moves, HIGHLAND PEAK CAPITAL, LLC correctly timed 4 out of 4 reported position changes (100%). The annualised alpha on HNRG relative to SPY over the holding period was +144.6%.

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