CNX Resources
376 hedge funds and large institutions have $10.5B invested in CNX Resources in 2014 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 114 increasing their positions, 145 reducing their positions, and 27 closing their positions.
144% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 27
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
16% more capital invested
Capital invested by funds: $9.04B → $10.5B (+$1.41B)
10% more funds holding
Funds holding: 341 → 376 (+35)
0.13% less ownership
Funds ownership: 118.61% → 118.48% (-0.13%)
21% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 145
42% less call options, than puts
Call options by funds: $133M | Put options by funds: $231M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Soros Fund Management
New York
|
+$224M |
| 2 |
RP
RR Partners
New York
|
+$142M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$79.3M |
| 4 |
Bank of New York Mellon
New York
|
+$75.9M |
| 5 |
JP Morgan Chase
New York
|
+$58.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$175M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$124M |
| 3 |
Lazard Asset Management
New York
|
-$118M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$49.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AR
401
Advisory Research
Chicago,
Illinois
| – | -$69K | -2,070 | Closed |
|
402
Walleye Trading
New York
| – | -$54.8K | -1,496 | Closed |
|
|
DSI
403
Daiwa SB Investments
Tokyo,
Japan
| – | -$48K | -1,440 | Closed |
|
|
WTB
404
Washington Trust Bank
Spokane,
Washington
| – | -$5K | -152 | Closed |
|
CNX Hedge Fund Activity: Q2 2014 in Review
376 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q2 2014, worth a combined $10.5B — up 16% from $9.04B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new CNX positions and 27 closed out — a net gain of 39 holders — while 114 added to existing stakes and 145 trimmed.
The largest buyer was Soros Fund Management, opening a new position worth an estimated $224M. The largest seller was T. Rowe Price Associates, cutting an estimated $175M.
- 376 institutional investors held CNX Resources (CNX) as of Q2 2014, up from 341 in Q1 2014.
- Funds reported $10.5B of CNX Resources stock for Q2 2014, up 16% quarter-over-quarter.
- 66 funds opened new CNX Resources positions in Q2 2014 and 27 closed out, a net change of +39 holders.
- The largest CNX Resources buyer in Q2 2014 was Soros Fund Management, an estimated $224M added.
- The largest CNX Resources seller in Q2 2014 was T. Rowe Price Associates, an estimated $175M sold.
Based on aggregated 13F filings for Q2 2014.