CNX Resources
281 hedge funds and large institutions have $2.63B invested in CNX Resources in 2015 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 114 increasing their positions, 86 reducing their positions, and 48 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 86
6.2% more ownership
Funds ownership: 134.28% → 140.48% (+6.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 297 → 281 (-16)
22% less call options, than puts
Call options by funds: $121M | Put options by funds: $156M
31% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 48
53% less capital invested
Capital invested by funds: $5.56B → $2.63B (-$2.93B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$112M |
| 2 |
GC
Greenlight Capital
New York
|
+$101M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$87.1M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$62M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$189M |
| 2 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$95.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$20M |
| 4 |
JP Morgan Chase
New York
|
-$16.3M |
| 5 |
Bank of New York Mellon
New York
|
-$15M |
CNX Hedge Fund Activity: Q3 2015 in Review
281 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q3 2015, worth a combined $2.63B — down 53% from $5.56B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of CNX and 33 opened new positions — a net loss of 15 holders — while 86 trimmed existing stakes and 114 added.
The largest buyer was Franklin Resources, adding an estimated $112M. The largest seller was T. Rowe Price Associates, cutting an estimated $189M.
- 281 institutional investors held CNX Resources (CNX) as of Q3 2015, down from 297 in Q2 2015.
- Funds reported $2.63B of CNX Resources stock for Q3 2015, down 53% quarter-over-quarter.
- 33 funds opened new CNX Resources positions in Q3 2015 and 48 closed out, a net change of -15 holders.
- The largest CNX Resources buyer in Q3 2015 was Franklin Resources, an estimated $112M added.
- The largest CNX Resources seller in Q3 2015 was T. Rowe Price Associates, an estimated $189M sold.
Based on aggregated 13F filings for Q3 2015.