CNX Resources
280 hedge funds and large institutions have $2.29B invested in CNX Resources in 2018 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 87 increasing their positions, 104 reducing their positions, and 34 closing their positions.
70% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $6.15M
32% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 34
4% more funds holding
Funds holding: 270 → 280 (+10)
3.11% more ownership
Funds ownership: 95.32% → 98.43% (+3.1%)
16% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 104
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
21% less capital invested
Capital invested by funds: $2.91B → $2.29B (-$618M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$22.7M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$22.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$12.6M |
| 4 |
Millennium Management
New York
|
+$12.1M |
| 5 |
Two Sigma Investments
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$89.2M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$17.7M |
| 3 |
Morgan Stanley
New York
|
-$16.6M |
| 4 |
JP Morgan Chase
New York
|
-$13.6M |
| 5 |
VanEck Associates
New York
|
-$11M |
CNX Hedge Fund Activity: Q4 2018 in Review
280 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q4 2018, worth a combined $2.29B — down 21% from $2.91B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CNX positions and 34 closed out — a net gain of 11 holders — while 87 added to existing stakes and 104 trimmed.
The largest buyer was UBS Group, adding an estimated $22.7M. The largest seller was Capital International Investors, exiting entirely with an estimated $89.2M sold.
- 280 institutional investors held CNX Resources (CNX) as of Q4 2018, up from 270 in Q3 2018.
- Funds reported $2.29B of CNX Resources stock for Q4 2018, down 21% quarter-over-quarter.
- 45 funds opened new CNX Resources positions in Q4 2018 and 34 closed out, a net change of +11 holders.
- The largest CNX Resources buyer in Q4 2018 was UBS Group, an estimated $22.7M added.
- The largest CNX Resources seller in Q4 2018 was Capital International Investors, an estimated $89.2M sold.
Based on aggregated 13F filings for Q4 2018.