CNX Resources
260 hedge funds and large institutions have $2.94B invested in CNX Resources in 2016 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 85 increasing their positions, 102 reducing their positions, and 58 closing their positions.
57% more call options, than puts
Call options by funds: $128M | Put options by funds: $81.3M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
37% more capital invested
Capital invested by funds: $2.15B → $2.94B (+$795M)
4% less funds holding
Funds holding: 272 → 260 (-12)
5.09% less ownership
Funds ownership: 142.49% → 137.39% (-5.1%)
17% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 102
21% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$53.6M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$33.4M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$31.6M |
| 4 |
BRC
Blue Ridge Capital
New York
|
+$29.4M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$46.5M |
| 2 |
IIM
Ivory Investment Management
New York
|
-$42M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$38.3M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$25.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$25.3M |
CNX Hedge Fund Activity: Q1 2016 in Review
260 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q1 2016, worth a combined $2.94B — up 37% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of CNX and 46 opened new positions — a net loss of 12 holders — while 102 trimmed existing stakes and 85 added.
The largest buyer was Southeastern Asset Management, adding an estimated $53.6M. The largest seller was State Street, cutting an estimated $46.5M.
- 260 institutional investors held CNX Resources (CNX) as of Q1 2016, down from 272 in Q4 2015.
- Funds reported $2.94B of CNX Resources stock for Q1 2016, up 37% quarter-over-quarter.
- 46 funds opened new CNX Resources positions in Q1 2016 and 58 closed out, a net change of -12 holders.
- The largest CNX Resources buyer in Q1 2016 was Southeastern Asset Management, an estimated $53.6M added.
- The largest CNX Resources seller in Q1 2016 was State Street, an estimated $46.5M sold.
Based on aggregated 13F filings for Q1 2016.