CNX Resources
236 hedge funds and large institutions have $1.42B invested in CNX Resources in 2019 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 83 increasing their positions, 80 reducing their positions, and 51 closing their positions.
3.38% more ownership
Funds ownership: 96.34% → 99.72% (+3.4%)
4% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 80
7% less funds holding
Funds holding: 255 → 236 (-19)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
31% less capital invested
Capital invested by funds: $2.06B → $1.42B (-$635M)
31% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 51
88% less call options, than puts
Call options by funds: $11.2M | Put options by funds: $94.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$73.2M |
| 2 |
BlackRock
New York
|
+$42.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$19.1M |
| 4 |
JP Morgan Chase
New York
|
+$16.1M |
| 5 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$77.2M |
| 2 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$46.9M |
| 3 |
Millennium Management
New York
|
-$43M |
| 4 |
VanEck Associates
New York
|
-$12.5M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$10.3M |
CNX Hedge Fund Activity: Q2 2019 in Review
236 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q2 2019, worth a combined $1.42B — down 31% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CNX and 35 opened new positions — a net loss of 16 holders — while 80 trimmed existing stakes and 83 added.
The largest buyer was Southeastern Asset Management, adding an estimated $73.2M. The largest seller was KGH Ltd, exiting entirely with an estimated $77.2M sold.
- 236 institutional investors held CNX Resources (CNX) as of Q2 2019, down from 255 in Q1 2019.
- Funds reported $1.42B of CNX Resources stock for Q2 2019, down 31% quarter-over-quarter.
- 35 funds opened new CNX Resources positions in Q2 2019 and 51 closed out, a net change of -16 holders.
- The largest CNX Resources buyer in Q2 2019 was Southeastern Asset Management, an estimated $73.2M added.
- The largest CNX Resources seller in Q2 2019 was KGH Ltd, an estimated $77.2M sold.
Based on aggregated 13F filings for Q2 2019.