CNX Resources
297 hedge funds and large institutions have $2.51B invested in CNX Resources in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 90 increasing their positions, 123 reducing their positions, and 42 closing their positions.
81% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $9.89M
0.99% more ownership
Funds ownership: 91.11% → 92.1% (+0.99%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less capital invested
Capital invested by funds: $2.53B → $2.51B (-$18.2M)
4% less funds holding
Funds holding: 309 → 297 (-12)
21% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 42
27% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 123
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$36.2M |
| 2 |
Renaissance Technologies
New York
|
+$10.2M |
| 3 |
CCM
Cinctive Capital Management
New York
|
+$9.93M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$9.88M |
| 5 |
ACG
Aventail Capital Group
New York
|
+$9.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$45M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$21.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$19.6M |
| 4 |
BlackRock
New York
|
-$17.9M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$16.8M |
CNX Hedge Fund Activity: Q1 2023 in Review
297 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q1 2023, worth a combined $2.51B — down 0.72% from $2.53B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of CNX and 33 opened new positions — a net loss of 9 holders — while 123 trimmed existing stakes and 90 added.
The largest buyer was Southeastern Asset Management, adding an estimated $36.2M. The largest seller was Macquarie Group, cutting an estimated $45M.
- 297 institutional investors held CNX Resources (CNX) as of Q1 2023, down from 309 in Q4 2022.
- Funds reported $2.51B of CNX Resources stock for Q1 2023, down 0.72% quarter-over-quarter.
- 33 funds opened new CNX Resources positions in Q1 2023 and 42 closed out, a net change of -9 holders.
- The largest CNX Resources buyer in Q1 2023 was Southeastern Asset Management, an estimated $36.2M added.
- The largest CNX Resources seller in Q1 2023 was Macquarie Group, an estimated $45M sold.
Based on aggregated 13F filings for Q1 2023.