CNX Resources
291 hedge funds and large institutions have $2.72B invested in CNX Resources in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 78 increasing their positions, 129 reducing their positions, and 38 closing their positions.
64% more call options, than puts
Call options by funds: $9.07M | Put options by funds: $5.55M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
8% more capital invested
Capital invested by funds: $2.51B → $2.72B (+$210M)
0.7% more ownership
Funds ownership: 92.1% → 92.8% (+0.7%)
2% less funds holding
Funds holding: 297 → 291 (-6)
16% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 38
40% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$40.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$32.1M |
| 3 |
JP Morgan Chase
New York
|
+$16.4M |
| 4 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$13.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$25.8M |
| 2 |
State Street
Boston,
Massachusetts
|
-$23.6M |
| 3 |
BlackRock
New York
|
-$15.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$15.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$13.6M |
CNX Hedge Fund Activity: Q2 2023 in Review
291 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q2 2023, worth a combined $2.72B — up 8.4% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CNX and 32 opened new positions — a net loss of 6 holders — while 129 trimmed existing stakes and 78 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $40.5M. The largest seller was Southeastern Asset Management, cutting an estimated $25.8M.
- 291 institutional investors held CNX Resources (CNX) as of Q2 2023, down from 297 in Q1 2023.
- Funds reported $2.72B of CNX Resources stock for Q2 2023, up 8.4% quarter-over-quarter.
- 32 funds opened new CNX Resources positions in Q2 2023 and 38 closed out, a net change of -6 holders.
- The largest CNX Resources buyer in Q2 2023 was D.E. Shaw & Co, an estimated $40.5M added.
- The largest CNX Resources seller in Q2 2023 was Southeastern Asset Management, an estimated $25.8M sold.
Based on aggregated 13F filings for Q2 2023.