Vault-13

ALLIANCE RESOURCE PARTNERS L ARLP

UT LTD PART · MLP · CUSIP 01877R108

Coal company based in USA

163 institutional holders -5 vs Q2 2025
21,439,77721.4m shares reported held*
$542.1mreported value*
15 new 48 added 46 reduced 16 sold out net bought ≈ $14.9m (+588.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.28. Options: 9 managers hold calls ($37.5m notional), 7 hold puts ($12.0m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 124Q4 22: 126Q1 23: 124Q2 23: 128Q3 23: 142Q4 23: 139Q1 24: 139Q2 24: 158Q3 24: 152Q4 24: 164Q1 25: 161Q2 25: 168Q3 25: 163163Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022124
Q4 2022126
Q1 2023124
Q2 2023128
Q3 2023142
Q4 2023139
Q1 2024139
Q2 2024158
Q3 2024152
Q4 2024164
Q1 2025161
Q2 2025168
Q3 2025163

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 23: 70 bought or addedQ4 23: 49 cut or sold outQ1 24: 69 bought or addedQ1 24: 54 cut or sold outQ1 24Q2 24: 75 bought or addedQ2 24: 52 cut or sold outQ3 24: 66 bought or addedQ3 24: 56 cut or sold outQ3 24Q4 24: 67 bought or addedQ4 24: 49 cut or sold outQ1 25: 83 bought or addedQ1 25: 56 cut or sold outQ1 25Q2 25: 76 bought or addedQ2 25: 56 cut or sold outQ3 25: 63 bought or addedQ3 25: 62 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20237049
Q1 20246954
Q2 20247552
Q3 20246656
Q4 20246749
Q1 20258356
Q2 20257656
Q3 20256362

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ4 24 calls: $34.7mQ4 24 puts: $18.2mQ4 24P/C 0.52Q1 25 calls: $55.3mQ1 25 puts: $16.6mQ1 25P/C 0.30Q2 25 calls: $57.8mQ2 25 puts: $17.1mQ2 25P/C 0.29Q3 25 calls: $37.5mQ3 25 puts: $12.0mQ3 25P/C 0.32
Numbers
QuarterCallsPutsP/C
Q4 2024$34.7m$18.2m0.52
Q1 2025$55.3m$16.6m0.30
Q2 2025$57.8m$17.1m0.29
Q3 2025$37.5m$12.0m0.32

Biggest buyers

MORGAN STANLEY Added +432,381+432.4k
MERCER GLOBAL ADVISORS INC /ADV Added +253,165+253.2k
ING GROEP NV Added +236,900+236.9k
UBS Group AG Added +213,496+213.5k
Progeny 3, Inc. Added +211,400+211.4k
Creative Planning Added +51,349+51.3k
Energy Income Partners, LLC Added +31,202+31.2k
Crescent Grove Advisors, LLC Added +28,785+28.8k
FIRST TRUST ADVISORS LP Added +23,202+23.2k
BARCLAYS PLC Added +21,116+21.1k

Biggest sellers

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sold out -518,451-518.5k
BANK OF AMERICA CORP /DE/ Reduced -101,531-101.5k
Adams Asset Advisors, LLC Reduced -79,448-79.4k
GOLDMAN SACHS GROUP INC Reduced -42,762-42.8k
JANE STREET GROUP, LLC Reduced -41,570-41.6k
CITADEL ADVISORS LLC Reduced -32,812-32.8k
HRT FINANCIAL LP Reduced -31,972-32.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -31,668-31.7k
Rockefeller Capital Management L.P. Reduced -24,813-24.8k
ROYAL BANK OF CANADA Reduced -23,320-23.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.0m395.4k shares
JANE STREET GROUP, LLC Added $9.0m356.9k shares
WOLVERINE TRADING, LLC Reduced $5.9m233.9k shares
GROUP ONE TRADING LLC Added $3.5m138.3k shares
CITADEL ADVISORS LLC Reduced $2.7m107.8k shares
SIMPLEX TRADING, LLC Added $2.3m91.0k shares
IMC-Chicago, LLC Added $1.9m73.7k shares
PEAK6 LLC Reduced $1.2m49.2k shares
Squarepoint Ops LLC Unchanged $950.7k37.6k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $4.8m189.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.0m119.5k shares
SIMPLEX TRADING, LLC Reduced $1.6m65.1k shares
GROUP ONE TRADING LLC Reduced $1.2m49.3k shares
WOLVERINE TRADING, LLC Added $555.4k22.2k shares
IMC-Chicago, LLC Added $412.1k16.3k shares
JANE STREET GROUP, LLC Reduced $316.1k12.5k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q3 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 1 sellingQ1 25: 0 buyingQ1 25: 1 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—1$1.3m—
Q1 20250—1$1.3m—
Q2 20250—0——
Q3 20250—0——

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Progeny 3, Inc. 4.27% of their portfolio KIRKLAND, WA 3,274,3813.3m $82.8m $82.8m 4.27% Added +211.4k +211,400
2 MAGNOLIA GROUP, LLC 10.38% of their portfolio OMAHA, NE 2,589,6972.6m $65.5m $65.5m 10.38% Reduced -3.3k -3,322
3 Jackson Hole Capital Partners, LLC 9.16% of their portfolio TULSA, OK 2,117,3922.1m $53.5m $53.5m 9.16% Added +17.6k +17,603
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,721,4331.7m $43.5m $43.5m 0.00% Added +432.4k +432,381
5 Atlanta Consulting Group Advisors, LLC 7.18% of their portfolio ATLANTA, GA 1,161,2401.2m $29.4m $29.4m 7.18% Added +500 +500
6 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 657,191657.2k $16.6m $16.6m 0.01% Added +21.1k +21,116
7 Recurrent Investment Advisors LLC 1.25% of their portfolio HOUSTON, TX 647,283647.3k $16.4m $16.4m 1.25% Reduced -9.6k -9,572
8 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 530,805530.8k $13.4m $13.4m 0.00% Reduced -42.8k -42,762
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 459,465459.5k $11.6m $11.6m 0.00% Reduced -2.8k -2,777
10 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 429,068429.1k $10.8m $10.8m 0.00% Added +3.5k +3,481
11 ING GROEP NV 0.05% of their portfolio AMSTERDAM, P7 378,100378.1k $9.6m $9.6m 0.05% Added +236.9k +236,900
12 VISTA INVESTMENT PARTNERS LLC 2.57% of their portfolio Oklahoma City, OK 363,672363.7k $9.2m $9.2m 2.57% Unchanged
13 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 300,000300.0k $7.6m $7.6m 0.03% Unchanged
14 Crescent Grove Advisors, LLC 0.70% of their portfolio LAKE FOREST, IL 288,866288.9k $7.3m $7.3m 0.70% Added +28.8k +28,785
15 Fairbanks Capital Management, Inc. 3.95% of their portfolio RANCHO SANTA FE, CA 288,680288.7k $7.3m $7.3m 3.95% Reduced -167 -167
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 269,165269.2k $6.8m $6.8m 0.00% Added +213.5k +213,496
17 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 268,637268.6k $6.8m $6.8m 0.01% Added +253.2k +253,165
18 MGO ONE SEVEN LLC 0.15% of their portfolio Beachwood, OH 263,156263.2k $6.7m $6.7m 0.15% Added +11.5k +11,451
19 Adams Asset Advisors, LLC 0.83% of their portfolio DALLAS, TX 255,397255.4k $6.5m $6.5m 0.83% Reduced -79.4k -79,448
20 Full Sail Capital, LLC 0.35% of their portfolio OKLAHOMA CITY, OK 252,193252.2k $6.4m $6.4m 0.35% Unchanged
21 Bienville Capital Management, LLC 1.19% of their portfolio New York, NY 247,345247.3k $6.3m $6.3m 1.19% Reduced -2.9k -2,864
22 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.35% of their portfolio DALLAS, TX 241,000241.0k $6.1m $6.1m 0.35% Unchanged
23 Prescott Group Capital Management, L.L.C. 0.57% of their portfolio Tulsa, OK 213,200213.2k $5.4m $5.4m 0.57% Unchanged
24 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 209,035209.0k $5.3m $5.3m 0.00% Added +23.2k +23,202
25 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 206,266206.3k $5.2m $5.2m 0.00% Reduced -32.8k -32,812
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 202,411202.4k $5.1m $5.1m 0.00% Reduced -101.5k -101,531
27 KEYBANK NATIONAL ASSOCIATION/OH 0.02% of their portfolio BROOKLYN, OH 200,000200.0k $5.1m $5.1m 0.02% Unchanged
28 Energy Income Partners, LLC 0.10% of their portfolio Westport, CT 197,133197.1k $5.0m $5.0m 0.10% Added +31.2k +31,202
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 162,488162.5k $4.1m $4.1m 0.00% Reduced -18.3k -18,297
30 EXCHANGE TRADED CONCEPTS, LLC 0.03% of their portfolio Oklahoma City, OK 144,265144.3k $3.6m $3.6m 0.03% Added +20.8k +20,809
31 Pinnacle Holdings, LLC 1.14% of their portfolio TULSA, OK 128,770128.8k $3.3m $3.3m 1.14% Reduced -185 -185
32 Miller Value Partners, LLC 1.18% of their portfolio SARASOTA, FL 127,000127.0k $3.2m $3.2m 1.18% Unchanged
33 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 118,232118.2k $3.0m $3.0m 0.00% Reduced -17 -17
34 GraniteShares Advisors LLC 1.73% of their portfolio NEW YORK, NY 118,071118.1k $3.0m $3.0m 1.73% Added +10.4k +10,404
35 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 104,151104.2k $2.6m $2.6m 0.00% Reduced -14.4k -14,443
36 CAPITAL ADVISORS INC/OK 0.04% of their portfolio TULSA, OK 99,02499.0k $2.5m $2.5m 0.04% Unchanged
37 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 92,51192.5k $2.3m $2.3m 0.00% Added +51.3k +51,349
38 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 85,18985.2k $2.2m $2.2m 0.00% Added +8.7k +8,677
39 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 84,75184.8k $2.1m $2.1m 0.00% Unchanged
40 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 78,50678.5k $2.0m $2.0m 0.00% Reduced -31.7k -31,668
41 NFC Investments, LLC 0.52% of their portfolio MEMPHIS, TN 70,40070.4k $1.8m $1.8m 0.52% Unchanged
42 Hidden Cove Wealth Management, LLC 1.17% of their portfolio Bainbridge Island, WA 70,00070.0k $1.8m $1.8m 1.17% Reduced -259 -259
43 HORIZON KINETICS ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 65,36065.4k $1.7m $1.7m 0.02% Added +1.1k +1,079
44 Disciplined Investments, LLC 0.65% of their portfolio TULSA, OK 64,64064.6k $1.6m $1.6m 0.65% Added +1.5k +1,491
45 U.S. Capital Wealth Advisors, LLC 0.04% of their portfolio AUSTIN, TX 64,56864.6k $1.6m $1.6m 0.04% Added +44 +44
46 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 56,74656.7k $1.4m $1.4m 0.00% Added +10.2k +10,191
47 Pekin Hardy Strauss, Inc. 0.14% of their portfolio CHICAGO, IL 55,70555.7k $1.4m $1.4m 0.14% Reduced -500 -500
48 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 54,93754.9k $1.4m $1.4m 0.00% Reduced -41.6k -41,570
49 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 53,10553.1k $1.3m $1.3m 0.01% Reduced -32.0k -31,972
50 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 52,38552.4k $1.3m $1.3m 0.03% Reduced -7.3k -7,339
51 Autumn Glory Partners, LLC 0.54% of their portfolio DALLAS, TX 52,00052.0k $1.3m $1.3m 0.54% Unchanged
52 BOKF, NA 0.02% of their portfolio TULSA, OK 44,44644.4k $1.1m $1.1m 0.02% Unchanged
53 GSA CAPITAL PARTNERS LLP 0.09% of their portfolio LONDON, X0 43,94543.9k $1.1m $1.1m 0.09% Added +10.7k +10,705
54 Tweedy, Browne Co LLC 0.09% of their portfolio Stamford, CT 39,99940.0k $1.0m $1.0m 0.09% Added +20.5k +20,522
55 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 35,51635.5k $898.0k $898.0k 0.00% Reduced -968 -968
56 Bramshill Investments, LLC 0.06% of their portfolio NAPLES, FL 35,32635.3k $893.2k $893.2k 0.06% Reduced -829 -829
57 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 35,10535.1k $887.8k $887.8k 0.01% Added +15.3k +15,271
58 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 34,82334.8k $881.0k $881.0k 0.00% Added +3.9k +3,936
59 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 34,53034.5k $873.1k $873.1k 0.02% Added +4.1k +4,054
60 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 34,20034.2k $864.7k $864.7k 0.01% Unchanged
61 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 33,56133.6k $848.6k $848.6k 0.00% Added +8.2k +8,193
62 COWA, LLC 0.28% of their portfolio Tulsa, OK 33,55833.6k $848.5k $848.5k 0.28% Unchanged
63 Jaffetilchin Investment Partners, LLC 0.05% of their portfolio TAMPA, FL 33,50933.5k $847.3k $847.3k 0.05% Added +21 +21
64 RiverFront Investment Group, LLC 0.01% of their portfolio RICHMOND, VA 32,00032.0k $809.1k $809.1k 0.01% Unchanged
65 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 28,80928.8k $728.4k $728.4k 0.00% Reduced -1.3k -1,286
66 Orion Investment Co 0.23% of their portfolio ST. LOUIS, MO 28,47528.5k $720.0k $720.0k 0.23% Reduced -725 -725
67 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 28,01928.0k $708.4k $708.4k 0.01% Reduced -585 -585
68 Mariner, LLC 0.00% of their portfolio Overland Park, KS 27,70327.7k $700.5k $700.5k 0.00% Added +6.9k +6,925
69 INTRUST BANK NA 0.06% of their portfolio WICHITA, KS 27,09727.1k $685.1k $685.1k 0.06% Unchanged
70 AlphaCore Capital LLC 0.02% of their portfolio LA JOLLA, CA 26,56026.6k $671.6k $671.6k 0.02% Added +613 +613
71 Formidable Asset Management, LLC 0.10% of their portfolio CINCINNATI, OH 25,98926.0k $657.1k $657.1k 0.10% Unchanged
72 BCS Wealth Management 0.15% of their portfolio JOHNSON CITY, TN 25,74725.7k $651.0k $651.0k 0.15% Added +519 +519
73 AMERICAN FINANCIAL GROUP INC 0.25% of their portfolio CINCINNATI, OH 25,50025.5k $644.8k $644.8k 0.25% Unchanged
74 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 25,18725.2k $636.9k $636.9k 0.00% Reduced -24.8k -24,813
75 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 21,53821.5k $513.9k $513.9k 0.00% Added +2.1k +2,090
76 COMMUNITY TRUST & INVESTMENT CO 0.03% of their portfolio LEXINGTON, KY 21,00021.0k $531.0k $531.0k 0.03% Unchanged
77 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 20,00020.0k $505.7k $505.7k 0.00% Unchanged
78 Texas Yale Capital Corp. 0.02% of their portfolio ST. PETERSBURG, FL 18,97719.0k $479.8k $479.8k 0.02% Unchanged
79 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 18,36418.4k $464.0k $464.0k 0.00% Reduced -23.3k -23,320
80 Meridian Wealth Management, LLC 0.02% of their portfolio LEXINGTON, KY 17,45717.5k $441.4k $441.4k 0.02% Added +5.3k +5,287
81 MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC 0.26% of their portfolio ORLEANS, MA 17,00017.0k $429.8k $429.8k 0.26% Unchanged
82 Cadent Capital Advisors, LLC 0.11% of their portfolio TULSA, OK 16,77616.8k $424.2k $424.2k 0.11% Added +1.0k +1,000
83 Security National Bank 0.06% of their portfolio OMAHA, NE 15,93115.9k $402.8k $402.8k 0.06% New
84 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 14,83114.8k $375.0k $375.0k 0.01% New
85 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 14,71314.7k $372.0k $372.0k 0.00% Reduced -3.2k -3,226
86 Fort Sheridan Advisors LLC 0.05% of their portfolio HIGHLAND PARK, IL 14,38314.4k $363.7k $363.7k 0.05% Added +1.0k +1,004
87 DRW Securities, LLC 0.02% of their portfolio CHICAGO, IL 14,36014.4k $364.2k $364.2k 0.02% Reduced -4.9k -4,907
88 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 14,19314.2k $358.9k $358.9k 0.00% Reduced -4 -4
89 U S GLOBAL INVESTORS INC 0.04% of their portfolio SAN ANTONIO, TX 14,00014.0k $354.0k $354.0k 0.04% Unchanged
90 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 13,64413.6k $341.4k $341.4k 0.01% New
91 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 12,72312.7k $321.7k $321.7k 0.00% Reduced -450 -450
92 ORBA Wealth Advisors, L.L.C. 0.26% of their portfolio CHICAGO, IL 12,69612.7k $321.0k $321.0k 0.26% Unchanged
93 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 12,61212.6k $318.9k $318.9k 0.00% Unchanged
94 JACKSON THORNTON WEALTH MANAGEMENT, LLC 0.03% of their portfolio MONTGOMERY, AL 12,59212.6k $318.1k $318.1k 0.03% Reduced -581 -581
95 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 12,04912.0k $304.7k $304.7k 0.01% Reduced -1.0k -1,045
96 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 12,03412.0k $304.0k $304.0k 0.00% Added +8.7k +8,713
97 HOWE & RUSLING INC 0.02% of their portfolio ROCHESTER, NY 12,00012.0k $303.4k $303.4k 0.02% Unchanged
98 DOLIVER ADVISORS, LP 0.08% of their portfolio HOUSTON, TX 12,00012.0k $303.4k $303.4k 0.08% Unchanged
99 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11,99212.0k $303.2k $303.2k 0.00% Reduced -11.4k -11,373
100 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,20211.2k $283.2k $283.2k 0.00% Reduced -17.2k -17,165