CNX Resources
297 hedge funds and large institutions have $5.56B invested in CNX Resources in 2015 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 105 increasing their positions, 103 reducing their positions, and 32 closing their positions.
19% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 32
2.48% more ownership
Funds ownership: 131.8% → 134.28% (+2.5%)
1% more funds holding
Funds holding: 293 → 297 (+4)
2% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 103
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
21% less capital invested
Capital invested by funds: $7B → $5.56B (-$1.44B)
47% less call options, than puts
Call options by funds: $196M | Put options by funds: $368M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$70.5M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$70.2M |
| 3 |
GC
Greenlight Capital
New York
|
+$64.8M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$47.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$36.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$96.8M |
| 2 |
Barclays
London,
United Kingdom
|
-$76.9M |
| 3 |
JP Morgan Chase
New York
|
-$28.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$27.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$25.3M |
CNX Hedge Fund Activity: Q2 2015 in Review
297 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q2 2015, worth a combined $5.56B — down 21% from $7B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CNX positions and 32 closed out — a net gain of 6 holders — while 105 added to existing stakes and 103 trimmed.
The largest buyer was ClearBridge Investments, opening a new position worth an estimated $70.5M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $96.8M sold.
- 297 institutional investors held CNX Resources (CNX) as of Q2 2015, up from 293 in Q1 2015.
- Funds reported $5.56B of CNX Resources stock for Q2 2015, down 21% quarter-over-quarter.
- 38 funds opened new CNX Resources positions in Q2 2015 and 32 closed out, a net change of +6 holders.
- The largest CNX Resources buyer in Q2 2015 was ClearBridge Investments, an estimated $70.5M added.
- The largest CNX Resources seller in Q2 2015 was Lazard Asset Management, an estimated $96.8M sold.
Based on aggregated 13F filings for Q2 2015.