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 ($6.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.98. Options: 8 managers hold calls ($39.9m notional), 6 hold puts ($11.9m).
Trends to Q2 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 |
| Q2 2026 | 170 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 71 | 68 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $37.5m | $12.0m | 0.32 |
| Q4 2025 | $30.9m | $7.6m | 0.25 |
| Q1 2026 | $48.4m | $19.6m | 0.41 |
| Q2 2026 | $39.9m | $11.9m | 0.30 |
Biggest buyers
| Lido Advisors, LLC | New | +1.1m |
| Energy Income Partners, LLC | Added | +307.3k |
| GOLDMAN SACHS GROUP INC | Added | +108.0k |
| Arax Advisory Partners | Added | +68.9k |
| TCFG Investment Advisors, LLC | New | +51.3k |
| BlackRock, Inc. | Added | +45.3k |
| Crescent Grove Advisors, LLC | Added | +39.5k |
| Tweedy, Browne Co LLC | Added | +39.3k |
| ING GROEP NV | Added | +39.0k |
| KIM, LLC | New | +34.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.4m |
| MAGNOLIA GROUP, LLC | Reduced | -148.7k |
| CITADEL ADVISORS LLC | Sold out | -106.3k |
| JANE STREET GROUP, LLC | Sold out | -81.3k |
| Disciplined Investments, LLC | Sold out | -67.7k |
| Dayah Capital LLC | Sold out | -66.0k |
| MIZUHO MARKETS AMERICAS LLC | Reduced | -57.5k |
| BANK OF AMERICA CORP /DE/ | Reduced | -54.2k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | Reduced | -41.0k |
| Bienville Capital Management, LLC | Reduced | -39.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.4m767.6k shares |
| Dayah Capital LLC | New | $13.1m545.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.6m109.7k shares |
| SIMPLEX TRADING, LLC | Added | $1.6m68.2k shares |
| IMC-Chicago, LLC | Added | $1.6m67.2k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m54.2k shares |
| GROUP ONE TRADING LLC | Reduced | $1.3m52.5k shares |
| CAPTRUST FINANCIAL ADVISORS | New | $2.4k100 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.0m335.2k shares |
| JANE STREET GROUP, LLC | Reduced | $1.4m58.1k shares |
| CITADEL ADVISORS LLC | Reduced | $820.1k34.2k shares |
| IMC-Chicago, LLC | Reduced | $685.8k28.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $472.4k19.7k shares |
| GROUP ONE TRADING LLC | Added | $458.0k19.1k 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 1 | $80.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-18 | McDaniel Ronna R. Director | Bought | $1.8k70 shares |
| 2026-07-31 | McDaniel Ronna R. Director | Bought | $78.4k3.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 3.4m $81.8m | Reduced -1.4m |
| Progeny 3, Inc. 4.02% of their portfolio | 3.2m $77.9m | Added +18.5k |
| MAGNOLIA GROUP, LLC 6.36% of their portfolio | 1.3m $30.3m | Reduced -148.7k |
| Atlanta Consulting Group Advisors, LLC 4.48% of their portfolio | 1.2m $28.3m | Reduced -1.5k |
| Lido Advisors, LLC 0.09% of their portfolio | 1.1m $26.3m | New |
| Energy Income Partners, LLC 0.39% of their portfolio | 1.0m $25.1m | Added +307.3k |
| ING GROEP NV 0.07% of their portfolio | 556.0k $13.3m | Added +39.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 507.2k $12.2m | Added +16.2k |
| Invesco Ltd. 0.00% of their portfolio | 427.0k $10.2m | Added +3.8k |
| VISTA INVESTMENT PARTNERS LLC 2.20% of their portfolio | 363.7k $8.7m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 329.0k $7.9m | Added +108.0k |
| Fairbanks Capital Management, Inc. 3.98% of their portfolio | 280.3k $6.7m | Reduced -2.6k |
| Adams Asset Advisors, LLC 0.70% of their portfolio | 259.0k $6.2m | Added +3.6k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 254.4k $6.1m | Reduced -960 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 215.5k $5.2m | Reduced -54.2k |
| Prescott Group Capital Management, L.L.C. 0.44% of their portfolio | 213.2k $5.1m | Unchanged |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 203.4k $4.9m | Reduced -15.2k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.02% of their portfolio | 200.0k $4.8m | Unchanged |
| MIZUHO MARKETS AMERICAS LLC 0.08% of their portfolio | 189.5k $4.5m | Reduced -57.5k |
| Miller Value Partners, LLC 1.06% of their portfolio | 187.0k $4.5m | Added +1.7k |
| Bienville Capital Management, LLC 0.60% of their portfolio | 173.9k $4.2m | Reduced -39.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 173.8k $4.2m | Reduced -18.7k |
| NATIXIS 0.02% of their portfolio | 156.5k $3.8m | Unchanged |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.16% of their portfolio | 150.0k $3.6m | Reduced -41.0k |
| Orvieto Partners, L.P. 2.70% of their portfolio | 149.1k $3.6m | Unchanged |
| HRT FINANCIAL LP 0.01% of their portfolio | 134.9k $3.2m | Reduced -21.2k |
| LPL Financial LLC 0.00% of their portfolio | 128.2k $3.1m | Added +13.7k |
| Pinnacle Holdings, LLC 0.95% of their portfolio | 128.2k $3.1m | Reduced -898 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 121.8k $2.9m | Added +1.5k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.03% of their portfolio | 120.5k $2.9m | Added +15.7k |
| GraniteShares Advisors LLC 1.84% of their portfolio | 119.6k $2.9m | Added +15.7k |
| Tweedy, Browne Co LLC 0.20% of their portfolio | 111.7k $2.7m | Added +39.3k |
| Crescent Grove Advisors, LLC 0.23% of their portfolio | 111.2k $2.7m | Added +39.5k |
| CAPITAL ADVISORS INC/OK 0.03% of their portfolio | 98.1k $2.4m | Reduced -898 |
| HighTower Advisors, LLC 0.00% of their portfolio | 96.6k $2.3m | Added +1.1k |
| Creative Planning 0.00% of their portfolio | 88.3k $2.1m | Reduced -4.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 83.0k $2.0m | Added +12.5k |
| Arax Advisory Partners 0.01% of their portfolio | 82.3k $2.0m | Added +68.9k |
| Pekin Hardy Strauss, Inc. 0.16% of their portfolio | 76.8k $1.8m | Added +10.3k |
| NFC Investments, LLC 0.46% of their portfolio | 75.7k $1.8m | Added +10.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 62.4k $1.5m | Added +32.4k |
| SteelPeak Wealth, LLC 0.04% of their portfolio | 57.7k $1.4m | Added +7.2k |
| Tidal Investments LLC 0.00% of their portfolio | 56.9k $1.4m | Added +18.3k |
| Hidden Cove Wealth Management, LLC 0.74% of their portfolio | 56.0k $1.3m | Reduced -14.0k |
| Cetera Investment Advisers 0.00% of their portfolio | 54.5k $1.3m | Reduced -11.2k |
| BOKF, NA 0.02% of their portfolio | 54.4k $1.3m | Unchanged |
| TCFG Investment Advisors, LLC 0.41% of their portfolio | 51.3k $1.2m | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 46.8k $1.1m | Added +350 |
| BlackRock, Inc. 0.00% of their portfolio | 46.0k $1.1m | Added +45.3k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 43.7k $1.0m | Added +4.0k |
| Orion Investment Co 0.31% of their portfolio | 43.6k $1.0m | Reduced -600 |
| Concurrent Investment Advisors, LLC 0.01% of their portfolio | 43.1k $1.0m | Reduced -10.0k |
| Bramshill Investments, LLC 0.07% of their portfolio | 39.5k $948.2k | Added +4.2k |
| Mariner, LLC 0.00% of their portfolio | 38.8k $929.8k | Added +2.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 36.4k $873.2k | Reduced -15.4k |
| KIM, LLC 0.11% of their portfolio | 34.5k $828.1k | New |
| BARCLAYS PLC 0.00% of their portfolio | 33.8k $811.2k | Reduced -15.6k |
| COWA, LLC 0.20% of their portfolio | 33.6k $804.7k | Unchanged |
| GABELLI FUNDS LLC 0.00% of their portfolio | 32.2k $772.2k | Unchanged |
| RiverFront Investment Group, LLC 0.01% of their portfolio | 32.0k $767.4k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 29.8k $714.8k | Reduced -3.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 29.1k $697.0k | Added +1.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 27.3k $654.9k | Added +26.2k |
| AlphaCore Capital LLC 0.01% of their portfolio | 27.2k $652.1k | Unchanged |
| BCS Wealth Management 0.12% of their portfolio | 27.2k $652.1k | Added +554 |
| Autumn Glory Partners, LLC 0.18% of their portfolio | 26.0k $623.5k | Reduced -26.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 25.6k $613.6k | Added +600 |
| AMERICAN FINANCIAL GROUP INC 0.22% of their portfolio | 25.5k $611.5k | Unchanged |
| INTRUST BANK NA 0.04% of their portfolio | 25.3k $606.5k | Unchanged |
| Meridian Wealth Management, LLC 0.02% of their portfolio | 25.1k $601.0k | Added +36 |
| J.W. COLE ADVISORS, INC. 0.01% of their portfolio | 23.8k $571.0k | Reduced -1.9k |
| Formidable Asset Management, LLC 0.09% of their portfolio | 23.8k $569.8k | Reduced -742 |
| COMMUNITY TRUST & INVESTMENT CO 0.03% of their portfolio | 21.0k $503.6k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 21.0k $502.8k | Reduced -2.4k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 20.9k $501.7k | Added +8.3k |
| Parvin Asset Management, LLC 0.39% of their portfolio | 20.5k $491.6k | Added +425 |
| GLENMEDE TRUST CO NA 0.00% of their portfolio | 20.2k $484.4k | New |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 20.0k $479.6k | Unchanged |
| Abel Hall, LLC 0.08% of their portfolio | 20.0k $479.6k | Added +10.0k |
| Fort Sheridan Advisors LLC 0.05% of their portfolio | 19.8k $474.8k | Reduced -1.1k |
| UBS Group AG 0.00% of their portfolio | 19.7k $473.3k | Reduced -37.1k |
| Pathway Financial Advisers, LLC 0.12% of their portfolio | 19.6k $468.8k | Added +3.7k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 18.0k $433.0k | New |
| Focus Partners Wealth 0.00% of their portfolio | 17.8k $427.2k | Reduced -642 |
| MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC 0.24% of their portfolio | 17.0k $407.7k | Unchanged |
| Cadent Capital Advisors, LLC 0.08% of their portfolio | 16.8k $402.3k | Unchanged |
| Security National Bank 0.05% of their portfolio | 15.9k $382.0k | Unchanged |
| COMMERCE BANK 0.00% of their portfolio | 14.2k $340.0k | Added +100 |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 14.1k $337.9k | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 13.0k $312.9k | Reduced -806 |
| US BANCORP \DE\ 0.00% of their portfolio | 13.0k $311.7k | Unchanged |
| Clearstead Advisors, LLC 0.00% of their portfolio | 12.6k $302.4k | Unchanged |
| CWA Asset Management Group, LLC 0.01% of their portfolio | 12.4k $296.4k | New |
| MGO ONE SEVEN LLC 0.00% of their portfolio | 12.3k $295.2k | Reduced -9.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 12.0k $287.8k | Reduced -4.1k |
| HOWE & RUSLING INC 0.02% of their portfolio | 12.0k $287.8k | Unchanged |
| DOLIVER ADVISORS, LP 0.07% of their portfolio | 12.0k $287.8k | Unchanged |
| M&T Bank Corp 0.00% of their portfolio | 12.0k $286.9k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 11.8k $283.3k | Reduced -270 |
| JACKSON THORNTON WEALTH MANAGEMENT, LLC 0.02% of their portfolio | 11.8k $283.3k | Reduced -270 |