ALLIANCE RESOURCE PARTNERS L ARLP
UT LTD PART · MLP · CUSIP 01877R108
Coal company based in USA
* 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 ($5.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.65. Options: 8 managers hold calls ($48.4m notional), 6 hold puts ($19.6m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 124 |
| Q4 2022 | 126 |
| Q1 2023 | 124 |
| Q2 2023 | 128 |
| Q3 2023 | 142 |
| Q4 2023 | 139 |
| Q1 2024 | 139 |
| Q2 2024 | 158 |
| Q3 2024 | 152 |
| Q4 2024 | 164 |
| Q1 2025 | 161 |
| Q2 2025 | 168 |
| Q3 2025 | 163 |
| Q4 2025 | 168 |
| Q1 2026 | 182 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 75 | 52 |
| Q3 2024 | 66 | 56 |
| Q4 2024 | 67 | 49 |
| Q1 2025 | 83 | 56 |
| Q2 2025 | 76 | 56 |
| Q3 2025 | 63 | 62 |
| Q4 2025 | 68 | 60 |
| Q1 2026 | 81 | 57 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $57.8m | $17.1m | 0.29 |
| Q3 2025 | $37.5m | $12.0m | 0.32 |
| Q4 2025 | $30.9m | $7.6m | 0.25 |
| Q1 2026 | $48.4m | $19.6m | 0.41 |
Biggest buyers
| MORGAN STANLEY | Added | +1.5m |
| Energy Income Partners, LLC | Added | +437.5k |
| MIZUHO MARKETS AMERICAS LLC | New | +247.0k |
| HRT FINANCIAL LP | Added | +146.4k |
| BANK OF AMERICA CORP /DE/ | Added | +114.9k |
| EXCHANGE TRADED CONCEPTS, LLC | Added | +71.3k |
| Dayah Capital LLC | New | +66.0k |
| Miller Value Partners, LLC | Added | +53.3k |
| SteelPeak Wealth, LLC | New | +50.5k |
| JANE STREET GROUP, LLC | Added | +45.6k |
Biggest sellers
| MAGNOLIA GROUP, LLC | Reduced | -1.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -272.6k |
| MGO ONE SEVEN LLC | Reduced | -254.8k |
| ING GROEP NV | Reduced | -151.0k |
| NOMURA HOLDINGS INC | Sold out | -147.0k |
| BARCLAYS PLC | Reduced | -146.4k |
| Prescott Group Capital Management, L.L.C. | Reduced | -83.9k |
| Progeny 3, Inc. | Reduced | -52.9k |
| JPMORGAN CHASE & CO | Reduced | -50.9k |
| CITADEL ADVISORS LLC | Reduced | -31.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $23.1m834.0k shares |
| PEAK6 LLC | Added | $13.5m489.3k shares |
| CITADEL ADVISORS LLC | Added | $4.1m148.7k shares |
| GROUP ONE TRADING LLC | Added | $1.9m69.7k shares |
| IMC-Chicago, LLC | Added | $1.6m59.3k shares |
| JANE STREET GROUP, LLC | Reduced | $1.6m56.2k shares |
| SIMPLEX TRADING, LLC | New | $1.3m47.7k shares |
| CenterStar Asset Management, LLC | New | $1.3m45.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.9m430.2k shares |
| CITADEL ADVISORS LLC | Reduced | $3.3m121.0k shares |
| JANE STREET GROUP, LLC | Added | $2.4m86.2k shares |
| IMC-Chicago, LLC | Added | $981.6k35.5k shares |
| SIMPLEX TRADING, LLC | New | $566.8k20.5k shares |
| GROUP ONE TRADING LLC | Added | $450.7k16.3k 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 Q1 2026
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $1.3m | — |
| Q1 2025 | 0 | — | 1 | $1.3m | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.01% of their portfolio | 4.9m $134.3m | Added +1.5m |
| Progeny 3, Inc. 4.78% of their portfolio | 3.2m $89.3m | Reduced -52.9k |
| Jackson Hole Capital Partners, LLC 9.71% of their portfolio | 2.1m $58.6m | Added +14.5k |
| MAGNOLIA GROUP, LLC 7.26% of their portfolio | 1.4m $39.0m | Reduced -1.2m |
| Atlanta Consulting Group Advisors, LLC 7.01% of their portfolio | 1.2m $32.6m | Added +18.9k |
| Energy Income Partners, LLC 0.33% of their portfolio | 737.3k $20.4m | Added +437.5k |
| ING GROEP NV 0.09% of their portfolio | 517.0k $14.3m | Reduced -151.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 491.1k $13.6m | Added +14.2k |
| Invesco Ltd. 0.00% of their portfolio | 423.2k $11.7m | Reduced -1.5k |
| VISTA INVESTMENT PARTNERS LLC 2.66% of their portfolio | 363.7k $10.1m | Unchanged |
| Fairbanks Capital Management, Inc. 4.90% of their portfolio | 282.9k $7.8m | Reduced -1.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 269.7k $7.5m | Added +114.9k |
| Adams Asset Advisors, LLC 0.79% of their portfolio | 255.4k $7.1m | Unchanged |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 255.3k $7.1m | Added +1.1k |
| MIZUHO MARKETS AMERICAS LLC 0.19% of their portfolio | 247.0k $6.8m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 221.0k $6.1m | Reduced -272.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.05% of their portfolio | 218.6k $6.0m | Added +71.3k |
| Bienville Capital Management, LLC 1.12% of their portfolio | 213.7k $5.9m | Reduced -17.3k |
| Prescott Group Capital Management, L.L.C. 0.59% of their portfolio | 213.2k $5.9m | Reduced -83.9k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.02% of their portfolio | 200.0k $5.5m | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 192.5k $5.3m | Added +5.5k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.26% of their portfolio | 191.0k $5.3m | Unchanged |
| Miller Value Partners, LLC 1.34% of their portfolio | 185.3k $5.1m | Added +53.3k |
| NATIXIS 0.02% of their portfolio | 156.5k $4.3m | Unchanged |
| HRT FINANCIAL LP 0.02% of their portfolio | 156.1k $4.3m | Added +146.4k |
| Orvieto Partners, L.P. 3.53% of their portfolio | 149.1k $4.1m | Added +10.0k |
| Pinnacle Holdings, LLC 1.15% of their portfolio | 129.1k $3.6m | Reduced -314 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 120.3k $3.3m | Reduced -1.1k |
| LPL Financial LLC 0.00% of their portfolio | 114.5k $3.2m | Added +17.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 106.3k $2.9m | Reduced -31.7k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.03% of their portfolio | 104.7k $2.9m | Added +40.6k |
| GraniteShares Advisors LLC 2.07% of their portfolio | 104.0k $2.9m | Reduced -11.9k |
| CAPITAL ADVISORS INC/OK 0.04% of their portfolio | 99.0k $2.7m | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 95.4k $2.6m | Reduced -6.1k |
| Creative Planning 0.00% of their portfolio | 93.1k $2.6m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 81.3k $2.2m | Added +45.6k |
| Tweedy, Browne Co LLC 0.16% of their portfolio | 72.4k $2.0m | Added +25.7k |
| Crescent Grove Advisors, LLC 0.20% of their portfolio | 71.7k $2.0m | Reduced -25.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 70.4k $1.9m | Reduced -9.3k |
| Hidden Cove Wealth Management, LLC 1.24% of their portfolio | 70.0k $1.9m | Unchanged |
| Disciplined Investments, LLC 0.67% of their portfolio | 67.7k $1.9m | Added +1.5k |
| Pekin Hardy Strauss, Inc. 0.19% of their portfolio | 66.5k $1.8m | Added +2.4k |
| Dayah Capital LLC 1.06% of their portfolio | 66.0k $1.8m | New |
| Cetera Investment Advisers 0.00% of their portfolio | 65.7k $1.8m | Reduced -2.2k |
| NFC Investments, LLC 0.51% of their portfolio | 65.7k $1.8m | Reduced -4.0k |
| U.S. Capital Wealth Advisors, LLC 0.04% of their portfolio | 64.7k $1.8m | Added +45 |
| UBS Group AG 0.00% of their portfolio | 56.9k $1.6m | Added +10.6k |
| BOKF, NA 0.02% of their portfolio | 54.4k $1.5m | Unchanged |
| Concurrent Investment Advisors, LLC 0.02% of their portfolio | 53.1k $1.5m | Added +16.8k |
| Autumn Glory Partners, LLC 0.53% of their portfolio | 52.0k $1.4m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 51.8k $1.5m | Reduced -50.9k |
| SteelPeak Wealth, LLC 0.04% of their portfolio | 50.5k $1.4m | New |
| BARCLAYS PLC 0.00% of their portfolio | 49.5k $1.4m | Reduced -146.4k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 46.5k $1.3m | Added +15.1k |
| Orion Investment Co 0.39% of their portfolio | 44.2k $1.2m | Added +9.7k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 39.7k $1.1m | Added +6.4k |
| Tidal Investments LLC 0.00% of their portfolio | 38.6k $1.1m | Added +887 |
| Mariner, LLC 0.00% of their portfolio | 36.0k $994.2k | Added +4.9k |
| Bramshill Investments, LLC 0.08% of their portfolio | 35.3k $977.2k | Reduced -224 |
| COWA, LLC 0.25% of their portfolio | 33.6k $927.9k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 33.3k $921.0k | Added +4.5k |
| Jaffetilchin Investment Partners, LLC 0.05% of their portfolio | 32.2k $891.5k | Reduced -1.7k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 32.2k $890.3k | Reduced -2.0k |
| RiverFront Investment Group, LLC 0.01% of their portfolio | 32.0k $884.8k | Unchanged |
| Vident Advisory, LLC 0.01% of their portfolio | 31.7k $877.6k | Reduced -29 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 29.9k $828.0k | Reduced -6.2k |
| Jump Financial, LLC 0.01% of their portfolio | 27.4k $757.1k | Reduced -27.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 27.4k $756.0k | Added +5.8k |
| AlphaCore Capital LLC 0.02% of their portfolio | 27.2k $751.9k | Unchanged |
| BCS Wealth Management 0.15% of their portfolio | 26.6k $736.6k | Reduced -25.6k |
| J.W. COLE ADVISORS, INC. 0.02% of their portfolio | 25.7k $709.9k | Reduced -1.8k |
| AMERICAN FINANCIAL GROUP INC 0.26% of their portfolio | 25.5k $705.1k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 25.4k $701.8k | Reduced -25.0k |
| INTRUST BANK NA 0.06% of their portfolio | 25.3k $699.4k | Unchanged |
| Meridian Wealth Management, LLC 0.02% of their portfolio | 25.0k $692.0k | Added +4.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 25.0k $691.0k | Added +13.2k |
| Formidable Asset Management, LLC 0.10% of their portfolio | 24.5k $677.6k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 23.3k $645.3k | Added +1.8k |
| Marex Group Ltd 0.01% of their portfolio | 22.3k $616.6k | New |
| MGO ONE SEVEN LLC 0.01% of their portfolio | 21.5k $593.8k | Reduced -254.8k |
| COMMUNITY TRUST & INVESTMENT CO 0.03% of their portfolio | 21.0k $580.6k | Unchanged |
| Fort Sheridan Advisors LLC 0.07% of their portfolio | 20.9k $577.8k | Added +5.5k |
| Parvin Asset Management, LLC 0.41% of their portfolio | 20.1k $555.1k | Added +4.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 20.0k $553.0k | Unchanged |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 18.6k $514.9k | Added +2.0k |
| Focus Partners Wealth 0.00% of their portfolio | 18.5k $510.3k | Added +9.3k |
| MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC 0.27% of their portfolio | 17.0k $470.1k | Unchanged |
| Cadent Capital Advisors, LLC 0.12% of their portfolio | 16.8k $463.9k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 16.1k $444.5k | Reduced -2.7k |
| Security National Bank 0.06% of their portfolio | 15.9k $440.5k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 15.9k $438.9k | New |
| Pathway Financial Advisers, LLC 0.12% of their portfolio | 15.9k $438.7k | New |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 14.1k $389.7k | Added +215 |
| COMMERCE BANK 0.00% of their portfolio | 14.1k $389.3k | Reduced -800 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 13.9k $383.1k | New |
| Cygnus Capital Advisors, LLC 0.26% of their portfolio | 13.6k $377.0k | Added +400 |
| Arax Advisory Partners 0.01% of their portfolio | 13.4k $369.5k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 13.0k $359.4k | Unchanged |
| ORBA Wealth Advisors, L.L.C. 0.42% of their portfolio | 12.7k $351.0k | Unchanged |
| Clearstead Advisors, LLC 0.00% of their portfolio | 12.6k $348.7k | Unchanged |