CNX Resources
270 hedge funds and large institutions have $3.13B invested in CNX Resources in 2017 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 47 increasing their positions, 170 reducing their positions, and 49 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2% more funds holding
Funds holding: 266 → 270 (+4)
8% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 49
14% less call options, than puts
Call options by funds: $24.6M | Put options by funds: $28.8M
17% less capital invested
Capital invested by funds: $3.77B → $3.13B (-$642M)
20.84% less ownership
Funds ownership: 116.19% → 95.36% (-21%)
72% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 170
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$58M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$52.1M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$36.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$19.7M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
-$130M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$114M |
| 3 |
SCM
Scopia Capital Management
New York
|
-$107M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$69.2M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$49.4M |
CNX Hedge Fund Activity: Q4 2017 in Review
270 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q4 2017, worth a combined $3.13B — down 17% from $3.77B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CNX positions and 49 closed out — a net gain of 4 holders — while 47 added to existing stakes and 170 trimmed.
The largest buyer was Millennium Management, adding an estimated $58M. The largest seller was Greenlight Capital, cutting an estimated $130M.
- 270 institutional investors held CNX Resources (CNX) as of Q4 2017, up from 266 in Q3 2017.
- Funds reported $3.13B of CNX Resources stock for Q4 2017, down 17% quarter-over-quarter.
- 53 funds opened new CNX Resources positions in Q4 2017 and 49 closed out, a net change of +4 holders.
- The largest CNX Resources buyer in Q4 2017 was Millennium Management, an estimated $58M added.
- The largest CNX Resources seller in Q4 2017 was Greenlight Capital, an estimated $130M sold.
Based on aggregated 13F filings for Q4 2017.