CNX Resources
341 hedge funds and large institutions have $9.05B invested in CNX Resources in 2014 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 124 increasing their positions, 128 reducing their positions, and 28 closing their positions.
57% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 28
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
3% more funds holding
Funds holding: 331 → 341 (+10)
4% more capital invested
Capital invested by funds: $8.7B → $9.05B (+$350M)
3% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 128
1.19% less ownership
Funds ownership: 119.8% → 118.61% (-1.2%)
65% less call options, than puts
Call options by funds: $144M | Put options by funds: $415M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$75.4M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$38.5M |
| 3 |
Bank of New York Mellon
New York
|
+$31.7M |
| 4 |
Goldman Sachs
New York
|
+$27M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$176M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$81.3M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$37.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$37.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$33M |
CNX Hedge Fund Activity: Q1 2014 in Review
341 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q1 2014, worth a combined $9.05B — up 4% from $8.7B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CNX positions and 28 closed out — a net gain of 16 holders — while 124 added to existing stakes and 128 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $75.4M. The largest seller was Franklin Resources, cutting an estimated $176M.
- 341 institutional investors held CNX Resources (CNX) as of Q1 2014, up from 331 in Q4 2013.
- Funds reported $9.05B of CNX Resources stock for Q1 2014, up 4% quarter-over-quarter.
- 44 funds opened new CNX Resources positions in Q1 2014 and 28 closed out, a net change of +16 holders.
- The largest CNX Resources buyer in Q1 2014 was JP Morgan Chase, an estimated $75.4M added.
- The largest CNX Resources seller in Q1 2014 was Franklin Resources, an estimated $176M sold.
Based on aggregated 13F filings for Q1 2014.