Highland Capital Management 13F: Cuts DINO Stake by $3M

Highland Capital Management reduced its stake in HF Sinclair Corporation (NYSE: DINO) by 27,770 shares, according to the latest Form 13F filing with the SEC on October 26, 2026. This cut brings its total holdings to 12,805 shares, valued at roughly $1.37 million. The fund's reported value for its entire portfolio stands at $833.06 million, with this position making up 0.16% of its total assets.

DINO HF Sinclair Corporation

$125.25 ▲ +173.59% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where HF Sinclair Fits in Highland Capital Management's Portfolio

Highland Capital's position in HF Sinclair ranks 38th among its 415 total holdings. The reduction of 27,770 shares represents a significant 68.4% decrease in this particular investment.

Other Institutional Activity in HF Sinclair

In recent filings, several other funds have adjusted their stakes in HF Sinclair. Foster Group opened a new position, acquiring 2,943 shares worth about $315,866. Victory Capital Management increased its holdings by 413,833 shares, now owning approximately 4.64 million shares valued at about $580.7 million. Meanwhile, Citadel Advisors significantly boosted its stake by about 4.0 million shares, bringing its total to over 4.26 million shares worth around $534 million.

HF Sinclair Corporation Stock Up 3.0%

As of October 27, 2026, HF Sinclair shares traded at $125.25, which is about equal to the closing price on the filing date. The stock is currently above its 50-day moving average by 13.5% and well above its 200-day average by 62.4%. However, it is about 3.2% below its 52-week high of $129.37.

Recent Earnings

HF Sinclair reported trailing twelve-month revenue of approximately $31.23 billion, with a net margin of 6.1% and a return on equity of 19.5%. The company is set to announce its next earnings on October 28, 2026.

Dividend

HF Sinclair pays an annual dividend of $2.10 per share, resulting in a yield of 1.68%. The dividend payout ratio stands at 19.0%.

Insider Buying and Selling at HF Sinclair Corporation

Several insiders have made moves in HF Sinclair recently. Franklin Myers, the CEO, purchased 15,000 shares at an average price of $85.30 on August 11, 2026, totaling about $1.28 million. Rhoman J. Hardy, a Director, bought 1,508 shares at $66.32 on June 16, 2026, valued at approximately $100,011. Meanwhile, Manuel J. Fernandez, another Director, sold 635 shares at $73.09 on June 2, 2026, for about $46,412.

Analysts Set New Price Targets

Analysts have maintained various ratings on HF Sinclair. Goldman Sachs reaffirmed a Buy rating with a price target of $142 on October 9, 2026. Barclays also maintained an Equal-Weight rating with a target of $122, and Wells Fargo set a target of $135 while maintaining an Equal-Weight rating on October 14, 2026. The consensus among analysts is a Hold rating with a mean price target of $122.07.

About HF Sinclair

HF Sinclair Corporation operates as an independent energy company in the United States, involved in refining, marketing, and selling gasoline, diesel fuel, and other petroleum products. The company's diverse segments include Renewables and Lubricants & Specialties, which enhance its market position in the energy sector.

Bottom Line

Investors should keep an eye on HF Sinclair's upcoming earnings report on October 28, 2026, as well as any further filings from institutional investors. Highland Capital's significant cut in its stake may indicate a strategic shift, but the stock remains strong, trading well above its long-term averages.