CNX Resources
293 hedge funds and large institutions have $4.04B invested in CNX Resources in 2017 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 110 increasing their positions, 92 reducing their positions, and 61 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 92
12% more call options, than puts
Call options by funds: $35.2M | Put options by funds: $31.4M
2.39% more ownership
Funds ownership: 123.58% → 125.96% (+2.4%)
6% less capital invested
Capital invested by funds: $4.31B → $4.04B (-$265M)
9% less funds holding
Funds holding: 322 → 293 (-29)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
34% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$263M |
| 2 |
GC
Greenlight Capital
New York
|
+$123M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$94.6M |
| 4 |
SCM
Scopia Capital Management
New York
|
+$18M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$35.8M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$33.1M |
| 3 |
Two Sigma Investments
New York
|
-$22.4M |
| 4 |
Morgan Stanley
New York
|
-$21.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.5M |
CNX Hedge Fund Activity: Q1 2017 in Review
293 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q1 2017, worth a combined $4.04B — down 6.1% from $4.31B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of CNX and 40 opened new positions — a net loss of 21 holders — while 92 trimmed existing stakes and 110 added.
The largest buyer was BlackRock, adding an estimated $263M. The largest seller was Susquehanna International Group, cutting an estimated $35.8M.
- 293 institutional investors held CNX Resources (CNX) as of Q1 2017, down from 322 in Q4 2016.
- Funds reported $4.04B of CNX Resources stock for Q1 2017, down 6.1% quarter-over-quarter.
- 40 funds opened new CNX Resources positions in Q1 2017 and 61 closed out, a net change of -21 holders.
- The largest CNX Resources buyer in Q1 2017 was BlackRock, an estimated $263M added.
- The largest CNX Resources seller in Q1 2017 was Susquehanna International Group, an estimated $35.8M sold.
Based on aggregated 13F filings for Q1 2017.