CNX Resources
293 hedge funds and large institutions have $7B invested in CNX Resources in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 100 increasing their positions, 123 reducing their positions, and 51 closing their positions.
7.95% more ownership
Funds ownership: 123.86% → 131.8% (+7.9%)
10% less funds holding
Funds holding: 325 → 293 (-32)
13% less capital invested
Capital invested by funds: $8.02B → $7B (-$1.02B)
19% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 123
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
51% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 51
65% less call options, than puts
Call options by funds: $108M | Put options by funds: $308M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$373M |
| 2 |
GC
Greenlight Capital
New York
|
+$224M |
| 3 |
JP Morgan Chase
New York
|
+$87.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$48.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$138M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$84.4M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$40.3M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$35.6M |
| 5 |
Goldman Sachs
New York
|
-$29M |
CNX Hedge Fund Activity: Q1 2015 in Review
293 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q1 2015, worth a combined $7B — down 13% from $8.02B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CNX and 25 opened new positions — a net loss of 26 holders — while 123 trimmed existing stakes and 100 added.
The largest buyer was Southeastern Asset Management, adding an estimated $373M. The largest seller was Capital World Investors, cutting an estimated $138M.
- 293 institutional investors held CNX Resources (CNX) as of Q1 2015, down from 325 in Q4 2014.
- Funds reported $7B of CNX Resources stock for Q1 2015, down 13% quarter-over-quarter.
- 25 funds opened new CNX Resources positions in Q1 2015 and 51 closed out, a net change of -26 holders.
- The largest CNX Resources buyer in Q1 2015 was Southeastern Asset Management, an estimated $373M added.
- The largest CNX Resources seller in Q1 2015 was Capital World Investors, an estimated $138M sold.
Based on aggregated 13F filings for Q1 2015.