HFC’s institutional holdings
HollyFrontier’s (HFC) institutional holdings currently stand at ~98%. The level of these holdings suggests the confidence level or sentiment sophisticated market participants have in the stock. Usually, everything else being equal, higher institutional holdings indicate a favorable opinion about a stock.
Peers’ institutional holdings
Other refiners like Northern Tier (NTI), CVR Refining (CVRR), and Valero Energy (VLO) have total institutional holdings standing at 37%, 11%, and 87%, respectively. If you’re looking for exposure to high dividend stocks, you can consider the iShares Core High Dividend ETF (HDV). The ETF has ~20% exposure to energy sector stocks.