CNX Resources
226 hedge funds and large institutions have $1.63B invested in CNX Resources in 2019 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 57 increasing their positions, 92 reducing their positions, and 24 closing their positions.
58% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 24
16% more capital invested
Capital invested by funds: $1.41B → $1.63B (+$220M)
4% more funds holding
Funds holding: 217 → 226 (+9)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5.01% less ownership
Funds ownership: 103.87% → 98.86% (-5%)
38% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 92
96% less call options, than puts
Call options by funds: $6.8M | Put options by funds: $154M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$12.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.06M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.01M |
| 4 |
JP Morgan Chase
New York
|
+$4.02M |
| 5 |
Bank of New York Mellon
New York
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$26.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.5M |
| 3 |
Millennium Management
New York
|
-$17.8M |
| 4 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
-$14.4M |
| 5 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$9.79M |
CNX Hedge Fund Activity: Q4 2019 in Review
226 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q4 2019, worth a combined $1.63B — up 16% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CNX positions and 24 closed out — a net gain of 14 holders — while 57 added to existing stakes and 92 trimmed.
The largest buyer was State Street, adding an estimated $12.9M. The largest seller was Southeastern Asset Management, cutting an estimated $26.6M.
- 226 institutional investors held CNX Resources (CNX) as of Q4 2019, up from 217 in Q3 2019.
- Funds reported $1.63B of CNX Resources stock for Q4 2019, up 16% quarter-over-quarter.
- 38 funds opened new CNX Resources positions in Q4 2019 and 24 closed out, a net change of +14 holders.
- The largest CNX Resources buyer in Q4 2019 was State Street, an estimated $12.9M added.
- The largest CNX Resources seller in Q4 2019 was Southeastern Asset Management, an estimated $26.6M sold.
Based on aggregated 13F filings for Q4 2019.