CNX Resources
CNX
320 hedge funds and large institutions have $3.19B invested in CNX Resources in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 94 increasing their positions, 128 reducing their positions, and 44 closing their positions.
106% more call options, than puts
Call options by funds: $11.2M | Put options by funds: $5.44M
2% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 44
0.81% more ownership
Funds ownership: 99.75% → 100.56% (+0.81%)
1% less funds holding
Funds holding: 322 → 320 (-2)
12% less capital invested
Capital invested by funds: $3.65B → $3.19B (-$452M)
27% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 128
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$36.3M |
| 2 |
Two Sigma Investments
New York
|
+$27.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$21.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$19.8M |
| 5 |
D.E. Shaw & Co
New York
|
+$19.5M |
Top Sellers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$33.6M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$32.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$26M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$22.1M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.2M |
CNX Hedge Fund Activity: Q4 2023 in Review
320 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q4 2023, worth a combined $3.19B — down 12% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CNX positions and 44 closed out — a net gain of 1 holder — while 94 added to existing stakes and 128 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.3M. The largest seller was Arrowstreet Capital, cutting an estimated $33.6M.
- 320 institutional investors held CNX Resources (CNX) as of Q4 2023, down from 322 in Q3 2023.
- Funds reported $3.19B of CNX Resources stock for Q4 2023, down 12% quarter-over-quarter.
- 45 funds opened new CNX Resources positions in Q4 2023 and 44 closed out, a net change of +1 holder.
- The largest CNX Resources buyer in Q4 2023 was Morgan Stanley, an estimated $36.3M added.
- The largest CNX Resources seller in Q4 2023 was Arrowstreet Capital, an estimated $33.6M sold.
Based on aggregated 13F filings for Q4 2023.