GARNET EQUITY CAPITAL HOLDINGS, INC.: HALLADOR ENERGY COMPANY (HNRG): Quarterly 13F Position History
As of Q2 2026, GARNET EQUITY CAPITAL HOLDINGS, INC. reported 633,895 shares of HALLADOR ENERGY COMPANY (HNRG), worth $11.0M and representing 4.9% of its 13F equity book. Quarter-over-quarter share count change: + 201,421 (+46.6%) . The position first appeared in Q1 2025 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.
- 633,895Shares Held (Latest Filing)
- $11.0MReported Market Value (Latest Filing)
- 4.9%Portfolio Weight (% of 13F Equity Book)
- +201,421Quarter-over-Quarter Share Change
- +$4.0MQuarter-over-Quarter Value Change
- 633,895Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 633,895 | +201,421 | +46.6% | $11.0M | 4.9% | $17.4 |
| Q1 2026 | 432,474 | +74,634 | +20.9% | $7.0M | 4.0% | $16.3 |
| Q4 2025 | 357,840 | +57,940 | +19.3% | $6.8M | 3.4% | $19.0 |
| Q3 2025 | 299,900 | 39,925 | -11.7% | $5.9M | 2.6% | $19.6 |
| Q2 2025 | 339,825 | +29,432 | +9.5% | $5.4M | 2.5% | $15.8 |
| Q1 2025 | 310,393 | – | – | $3.8M | 2.1% | $12.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did GARNET EQUITY CAPITAL HOLDINGS, INC. first disclose a HNRG position in 13F-HR filings?
GARNET EQUITY CAPITAL HOLDINGS, INC. first reported HALLADOR ENERGY COMPANY (HNRG) on its 13F-HR filing for the period ending 2025-03-31 (Q1 2025). The position has appeared on 6 reported quarters within Pactolio's tracked window.
What was GARNET EQUITY CAPITAL HOLDINGS, INC.'s most recent quarter-over-quarter share-count change in HNRG?
Between Q1 2026 and Q2 2026, GARNET EQUITY CAPITAL HOLDINGS, INC. added 201,421 shares of HNRG (+46.6%), bringing the total reported position to 633,895 shares at a market value of $11.0M.
Does the implied price-per-share represent GARNET EQUITY CAPITAL HOLDINGS, INC.'s cost basis in HNRG?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.