CNX Resources
331 hedge funds and large institutions have $8.69B invested in CNX Resources in 2013 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 114 increasing their positions, 120 reducing their positions, and 36 closing their positions.
28% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 36
14% more capital invested
Capital invested by funds: $7.65B → $8.69B (+$1.04B)
3% more funds holding
Funds holding: 321 → 331 (+10)
0.36% more ownership
Funds ownership: 119.43% → 119.8% (+0.36%)
5% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 120
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
53% less call options, than puts
Call options by funds: $165M | Put options by funds: $348M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$113M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$102M |
| 3 |
Lazard Asset Management
New York
|
+$81.5M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$56.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$31.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$94.4M |
| 2 |
AC
Axon Capital
New York
|
-$79.6M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$48.4M |
| 4 |
Millennium Management
New York
|
-$46.7M |
| 5 |
JP Morgan Chase
New York
|
-$43.2M |
CNX Hedge Fund Activity: Q4 2013 in Review
331 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q4 2013, worth a combined $8.69B — up 14% from $7.65B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CNX positions and 36 closed out — a net gain of 10 holders — while 114 added to existing stakes and 120 trimmed.
The largest buyer was VanEck Associates, adding an estimated $113M. The largest seller was Franklin Resources, cutting an estimated $94.4M.
- 331 institutional investors held CNX Resources (CNX) as of Q4 2013, up from 321 in Q3 2013.
- Funds reported $8.69B of CNX Resources stock for Q4 2013, up 14% quarter-over-quarter.
- 46 funds opened new CNX Resources positions in Q4 2013 and 36 closed out, a net change of +10 holders.
- The largest CNX Resources buyer in Q4 2013 was VanEck Associates, an estimated $113M added.
- The largest CNX Resources seller in Q4 2013 was Franklin Resources, an estimated $94.4M sold.
Based on aggregated 13F filings for Q4 2013.