Which funds own HCC
Warrior Met Coal Inc in the Q2 2026 filings. At least 1 of the 91 current managers on file reported a position, worth $315m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 1
- at least, of 91 current
- Combined value
- $315m
- as reported
- Opened
- 1
- new this quarter
- Added to
- 0
- already held
- Trimmed or sold out
- 0
- 0 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| First Eagle Investment Management LLC Value · $60.8bn book | $315m | 0.5% | 3,879,058 | opened3,879,058 | New |
Ownership through time
At least 6 of the 95 managers whose filings are on file listed HCC in Q2 2026, against 2 in Q2 2017. 1 manager more than in Q1 2026: 1 started a position.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2017: 2
- Q3 2017: 3
- Q4 2017: 4
- Q1 2018: 6
- Q2 2018: 9
- Q3 2018: 8
- Q4 2018: 10
- Q1 2019: 9
- Q2 2019: 10
- Q3 2019: 4
- Q4 2019: 6
- Q1 2020: 5
- Q2 2020: 2
- Q3 2020: 3
- Q4 2020: 6
- Q1 2021: 3
- Q2 2021: 1
- Q3 2021: 2
- Q4 2021: 5
- Q1 2022: 11
- Q2 2022: 6
- Q3 2022: 6
- Q4 2022: 4
- Q1 2023: 5
- Q2 2023: 6
- Q3 2023: 4
- Q4 2023: 5
- Q1 2024: 5
- Q2 2024: 3
- Q3 2024: 6
- Q4 2024: 4
- Q1 2025: 5
- Q2 2025: 5
- Q3 2025: 4
- Q4 2025: 3
- Q1 2026: 5
- Q2 2026: 6
- Q2 2017: $30m
- Q3 2017: $48m
- Q4 2017: $66m
- Q1 2018: $107m
- Q2 2018: $174m
- Q3 2018: $140m
- Q4 2018: $168m
- Q1 2019: $112m
- Q2 2019: $118m
- Q3 2019: $53m
- Q4 2019: $119m
- Q1 2020: $25m
- Q2 2020: $17m
- Q3 2020: $15m
- Q4 2020: $48m
- Q1 2021: $4.2m
- Q2 2021: $1.3m
- Q3 2021: $1.9m
- Q4 2021: $47m
- Q1 2022: $184m
- Q2 2022: $113m
- Q3 2022: $86m
- Q4 2022: $76m
- Q1 2023: $75m
- Q2 2023: $97m
- Q3 2023: $90m
- Q4 2023: $97m
- Q1 2024: $108m
- Q2 2024: $98m
- Q3 2024: $156m
- Q4 2024: $112m
- Q1 2025: $107m
- Q2 2025: $77m
- Q3 2025: $236m
- Q4 2025: $298m
- Q1 2026: $97m
- Q2 2026: $397m
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- First Eagle Investment Management LLCnew: 3,879,058 shares+$315m
- Renaissance Technologies LLC810,781 to 831,681 shares+$1.7m
- Bridgewater Associates LP51,524 to 58,463 shares+$563k
- Winton Group Ltd14,013 to 14,587 shares+$47k
Largest decreases, by shares
- Voloridge Investment Management LLC152,451 to 104,604 shares-$3.9m
- PDT Partners LLC8,297 to 6,497 shares-$146k
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| First Eagle Investment Management LLC | Q2 2026 | $315m | $315m | |
| Renaissance Technologies LLC | Q4 2019 | $94m | $67m | |
| Voloridge Investment Management LLC | Q4 2017 | $14m | $8.5m | |
| Bridgewater Associates LP | Q3 2024 | $8.3m | $4.7m | |
| Winton Group Ltd | Q1 2018 | $12m | $1.2m | |
| PDT Partners LLC | Q4 2020 | $957k | $527k | |
| T. Rowe Price Associates Inc | Q3 2025 | $238m | last listed Q4 2025 | |
| Millennium Management LLC | Q1 2018 | $60m | last listed Q4 2018 | |
| Acadian Asset Management LLC | Q3 2017 | $56m | last listed Q3 2022 | |
| Woodline Partners LP | Q3 2024 | $43m | last listed Q3 2025 | |
| Balyasny Asset Management LLC | Q3 2018 | $38m | last listed Q3 2024 | |
| Capital World Investors | Q2 2017 | $38m | last listed Q3 2017 | |
| AQR Capital Management LLC | Q3 2018 | $36m | last listed Q4 2018 | |
| Arrowstreet Capital LP | Q2 2018 | $31m | last listed Q3 2023 | |
| Two Sigma Advisers LP | Q2 2018 | $26m | last listed Q1 2024 | |
| Two Sigma Investments LP | Q4 2017 | $25m | last listed Q1 2022 |
What HCC is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around HCC →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
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