WARRIOR MET COAL INC HCC
COM · Common Stock · CUSIP 93627C101 · ISIN US93627C1018
Specialty insurance company
* 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 ($17.3m this quarter). Holder counts are more reliable. Shares outstanding: 52.6m as of 2025-11-03, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $63.81. Options: 13 managers hold calls ($51.2m notional), 11 hold puts ($28.8m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 219 |
| Q4 2022 | 237 |
| Q1 2023 | 229 |
| Q2 2023 | 242 |
| Q3 2023 | 251 |
| Q4 2023 | 285 |
| Q1 2024 | 303 |
| Q2 2024 | 293 |
| Q3 2024 | 271 |
| Q4 2024 | 274 |
| Q1 2025 | 260 |
| Q2 2025 | 260 |
| Q3 2025 | 268 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 122 | 138 |
| Q1 2024 | 158 | 143 |
| Q2 2024 | 149 | 166 |
| Q3 2024 | 129 | 153 |
| Q4 2024 | 106 | 139 |
| Q1 2025 | 125 | 137 |
| Q2 2025 | 139 | 118 |
| Q3 2025 | 122 | 130 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $48.6m | $33.9m | 0.70 |
| Q1 2025 | $14.6m | $30.3m | 2.08 |
| Q2 2025 | $15.2m | $32.4m | 2.13 |
| Q3 2025 | $51.2m | $28.8m | 0.56 |
Biggest buyers
| UBS Group AG | Added | +1.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +780.5k |
| CITADEL ADVISORS LLC | New | +707.6k |
| Maple Rock Capital Partners Inc. | Added | +349.4k |
| JPMORGAN CHASE & CO | Added | +244.4k |
| Forest Avenue Capital Management LP | Added | +183.7k |
| Capital International Investors | Added | +182.0k |
| QV Investors Inc. | New | +165.8k |
| Allianz Asset Management GmbH | Added | +130.4k |
| T. Rowe Price Investment Management, Inc. | Added | +126.5k |
Biggest sellers
| L1 Capital Pty Ltd | Reduced | -1.5m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -914.0k |
| Woodline Partners LP | Reduced | -364.1k |
| FIRST TRUST ADVISORS LP | Reduced | -270.7k |
| Merewether Investment Management, LP | Reduced | -235.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -219.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -198.4k |
| Hartree Partners, LP | Sold out | -189.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -181.1k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -165.2k |
Biggest calls
| PEAK6 LLC | New | $31.5m495.4k shares |
| CITADEL ADVISORS LLC | Added | $4.0m62.1k shares |
| JANE STREET GROUP, LLC | Added | $3.3m51.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8m44.2k shares |
| Walleye Capital LLC | Reduced | $2.2m34.4k shares |
| IMC-Chicago, LLC | Added | $2.1m32.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.8m28.8k shares |
| Walleye Trading LLC | Reduced | $1.3m20.8k shares |
| BANK OF MONTREAL /CAN/ | New | $980.1k15.4k shares |
| WOLVERINE TRADING, LLC | Added | $494.0k7.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $8.8m137.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.1m111.6k shares |
| JANE STREET GROUP, LLC | Reduced | $3.7m57.6k shares |
| IMC-Chicago, LLC | Added | $2.0m31.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.0m31.1k shares |
| Walleye Capital LLC | Reduced | $1.4m22.4k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $1.3m19.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.0m15.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $935.5k14.7k shares |
| Walleye Trading LLC | Added | $636.4k10.0k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| STATE STREET CORP 13G · institution new · filed 2025-08-11 | 7.8% |
| First Eagle Investment Management, LLC 13G · institution new · filed 2026-08-06 | 7.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: FMR LLC (4.0%, 2026-08-06), PRICE T ROWE ASSOCIATES INC /MD/ (2.5%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), T. Rowe Price Investment Management, Inc. (3.9%, 2026-02-17)
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 1 | $3.6m | — |
| Q1 2024 | 1 | $116.3k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 2 | $2.5m | $2.5m |
| Q4 2024 | 0 | — | 1 | $591.6k | $591.6k |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $84.3k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 6.9m $441.7m | Reduced -110.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.8m $368.1m | Reduced -68.9k |
| STATE STREET CORP 0.01% of their portfolio | 4.0m $253.0m | Reduced -123.9k |
| FMR LLC 0.01% of their portfolio | 2.8m $177.0m | Reduced -17.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.7m $172.5m | Added +780.5k |
| T. Rowe Price Investment Management, Inc. 0.10% of their portfolio | 2.7m $169.9m | Added +126.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.8m $116.7m | Added +5.1k |
| Dalal Street, LLC 34.00% of their portfolio | 1.8m $114.5m | Added +86 |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 1.8m $111.7m | Reduced -165.2k |
| UBS Group AG 0.02% of their portfolio | 1.6m $98.9m | Added +1.1m |
| Allianz Asset Management GmbH 0.12% of their portfolio | 1.5m $98.2m | Added +130.4k |
| Maple Rock Capital Partners Inc. 3.76% of their portfolio | 1.5m $93.0m | Added +349.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $79.1m | Reduced -26.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.10% of their portfolio | 975.0k $62.0m | Reduced -914.0k |
| River Road Asset Management, LLC 0.69% of their portfolio | 968.2k $61.6m | Reduced -9.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 873.9k $55.6m | Reduced -6.5k |
| Capital International Investors 0.01% of their portfolio | 852.4k $54.2m | Added +182.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 818.6k $52.1m | Added +55.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 779.0k $49.6m | Reduced -219.5k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 707.6k $45.0m | New |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 700.3k $44.6m | Reduced -270.7k |
| Hosking Partners LLP 1.49% of their portfolio | 648.6k $41.3m | Added +13.2k |
| THIRD AVENUE MANAGEMENT LLC 7.94% of their portfolio | 641.9k $42.3m | Added +232 |
| MORGAN STANLEY 0.00% of their portfolio | 634.4k $40.4m | Reduced -145.8k |
| Mudita Advisors LLP 10.36% of their portfolio | 562.7k $35.8m | Added +4.1k |
| Forest Avenue Capital Management LP 2.58% of their portfolio | 540.2k $34.4m | Added +183.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 522.1k $33.2m | Added +244.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 497.6k $31.7m | Reduced -58.9k |
| L1 Capital Pty Ltd 2.35% of their portfolio | 458.9k $37.3m | Reduced -1.5m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 442.0k $28.1m | Reduced -8.2k |
| Summit Street Capital Management, LLC 3.64% of their portfolio | 417.1k $26.5m | Reduced -21.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 379.8k $24.2m | Reduced -198.4k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.43% of their portfolio | 319.9k $20.4m | Reduced -43.6k |
| O'Keefe Stevens Advisory, Inc. 5.02% of their portfolio | 291.2k $18.5m | Added +3.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 253.8k $16.2m | Reduced -6.8k |
| High Ground Investment Management LLP 2.66% of their portfolio | 251.9k $16.0m | Reduced -42.2k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 205.0k $13.0m | Added +25.8k |
| Empowered Funds, LLC 0.13% of their portfolio | 194.5k $12.4m | Reduced -23.6k |
| Woodline Partners LP 0.06% of their portfolio | 190.6k $12.1m | Reduced -364.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 182.6k $11.6m | Added +8.8k |
| QV Investors Inc. 0.91% of their portfolio | 165.8k $10.5m | New |
| Brandywine Global Investment Management, LLC 0.07% of their portfolio | 159.4k $10.1m | Reduced -5.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 149.2k $9.5m | Added +3.8k |
| Legal & General Group Plc 0.00% of their portfolio | 140.6k $8.9m | Reduced -3.6k |
| Nuveen, LLC 0.00% of their portfolio | 124.0k $7.9m | Reduced -1.5k |
| Invesco Ltd. 0.00% of their portfolio | 121.0k $7.7m | Reduced -3.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 111.1k $7.1m | Reduced -181.1k |
| Merewether Investment Management, LP 0.17% of their portfolio | 108.6k $6.9m | Reduced -235.6k |
| Swiss National Bank 0.00% of their portfolio | 101.9k $6.5m | Added +1.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 101.2k $6.4m | Reduced -5.1k |
| HRT FINANCIAL LP 0.03% of their portfolio | 100.4k $6.4m | New |
| Clearbridge Investments, LLC 0.00% of their portfolio | 99.5k $6.3m | Added +2.1k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 96.8k $6.2m | Reduced -1.2k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 93.5k $5.9m | Reduced -5.0k |
| NWF Advisory Services Inc. 0.59% of their portfolio | 85.0k $5.4m | Added +7.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 81.6k $5.2m | Reduced -111.8k |
| Old West Investment Management, LLC 1.16% of their portfolio | 79.5k $5.1m | Added +290 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 79.4k $5.1m | Reduced -70.0k |
| BARCLAYS PLC 0.00% of their portfolio | 75.9k $4.8m | Reduced -24.9k |
| Hi-Line Capital Management, LLC 1.50% of their portfolio | 74.5k $4.7m | Added +2.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 73.1k $4.7m | Reduced -75.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 66.0k $4.2m | Added +3.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 64.1k $4.1m | Reduced -108.8k |
| Enhancing Capital LLC 2.75% of their portfolio | 59.0k $3.8m | Reduced -4 |
| Boston Partners 0.00% of their portfolio | 58.1k $3.7m | Reduced -27.2k |
| Waratah Capital Advisors Ltd. 0.25% of their portfolio | 57.4k $3.7m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 56.3k $3.6m | Added +2.6k |
| Kennondale Capital Management LLC 2.68% of their portfolio | 55.0k $3.5m | Added +16.4k |
| 683 Capital Management, LLC 0.32% of their portfolio | 55.0k $3.5m | Reduced -6.0k |
| CITIGROUP INC 0.00% of their portfolio | 54.5k $3.5m | Reduced -25.1k |
| Progeny 3, Inc. 0.18% of their portfolio | 54.2k $3.5m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 52.7k $3.4m | Reduced -1.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 48.3k $3.1m | Added +2 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 47.4k $3.0m | Added +1.7k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 45.5k $2.8m | Added +3.6k |
| Vest Financial, LLC 0.04% of their portfolio | 44.2k $2.8m | Reduced -9.8k |
| GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 2.86% of their portfolio | 44.1k $2.8m | Reduced -1.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 41.6k $2.6m | Added +31.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 41.4k $2.6m | Added +6.5k |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 40.9k $2.6m | Added +8.0k |
| WOLVERINE TRADING, LLC 0.05% of their portfolio | 40.2k $2.5m | Added +20.4k |
| Skylands Capital, LLC 0.34% of their portfolio | 39.2k $2.5m | Added +1.2k |
| EPACRIA CAPITAL PARTNERS, LLC 2.02% of their portfolio | 39.1k $2.5m | Unchanged |
| Bridgewater Associates, LP 0.01% of their portfolio | 38.6k $2.5m | Reduced -29.4k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 37.9k $2.4m | Reduced -722 |
| TD Asset Management Inc 0.00% of their portfolio | 37.8k $2.4m | Reduced -6.1k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 37.2k $2.4m | Reduced -4.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 34.3k $2.2m | Reduced -6.4k |
| AFFINITY WEALTH MANAGEMENT LLC 0.32% of their portfolio | 34.1k $2.2m | New |
| Creative Planning 0.00% of their portfolio | 33.1k $2.1m | Added +8.8k |
| Verition Fund Management LLC 0.01% of their portfolio | 32.5k $2.1m | Reduced -4.4k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 30.6k $1.9m | Unchanged |
| Ashoka WhiteOak Capital Pte Ltd 0.73% of their portfolio | 29.1k $1.9m | Unchanged |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 28.7k $1.8m | Added +1.9k |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 27.0k $1.7m | Reduced -11.3k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 26.5k $1.7m | Reduced -4.9k |
| COMERICA BANK 0.01% of their portfolio | 25.8k $1.6m | Reduced -1.7k |
| Moran Wealth Management, LLC 0.05% of their portfolio | 24.7k $1.6m | Reduced -165 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 24.2k $1.5m | Reduced -4.4k |
| Louisiana State Employees Retirement System 0.03% of their portfolio | 24.2k $1.5m | Reduced -400 |