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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.

New
Increased
Maintained
Reduced
Closed

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: 23 (+1)

37% more capital invested

Capital invested by funds: $2.15B → $2.94B (+$795M)

4% less funds holding

Funds holding: 272260 (-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

Holders
260
Holders Change
-12
Holders Change %
-4.41%
% of All Funds
6.93%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
46
Increased
85
Reduced
102
Closed
58
Calls
$128M
Puts
$81.3M
Net Calls
+$46.5M
Net Calls Change
-$41.2M
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
1
Southeastern Asset Management
Tennessee
$589M +$53.6M +7,366,320 +13%
GC
2
Greenlight Capital
New York
$334M
Vanguard Group
3
Vanguard Group
Pennsylvania
$182M -$25.3M -3,473,132 -15%
Franklin Resources
4
Franklin Resources
California
$160M -$316K -43,530 -0.3%
BA
5
BlackRock Advisors
Delaware
$135M +$16.9M +2,326,930 +19%
UBS Group
6
UBS Group
Switzerland
$130M -$1.03M -141,158 -1%
Capital World Investors
7
Capital World Investors
California
$88.5M
BFA
8
BlackRock Fund Advisors
California
$86.1M +$33.4M +4,593,474 +101%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$85M +$15.5M +2,133,055 +31%
State Street
10
State Street
Massachusetts
$80.8M -$46.5M -6,398,139 -43%
VanEck Associates
11
VanEck Associates
New York
$79.3M +$816K +112,284 +1%
BIT
12
BlackRock Institutional Trust
California
$77M +$3.91M +537,695 +7%
BG
13
BlackRock Group
United Kingdom
$53.9M -$2.28M -313,743 -5%
CLM
14
ClearBridge LLC (Maryland)
Maryland
$50.9M -$6.98K -960 -0%
RP
15
RR Partners
New York
$47.4M -$2.55M -350,280 -6%
First Trust Advisors
16
First Trust Advisors
Illinois
$42.2M +$31.6M +4,351,951 +3,185%
BRC
17
Blue Ridge Capital
New York
$38M +$29.4M +4,044,000 New
ClearBridge Investments
18
ClearBridge Investments
New York
$35.6M +$5.69M +782,184 +26%
QCI
19
Quaker Capital Investments
Pennsylvania
$30.5M +$14.4M +1,977,669 +156%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$29.9M -$14.4M -1,980,609 -38%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$29.6M +$2.56M +351,805 +13%
Bank of America
22
Bank of America
North Carolina
$25.7M +$10.7M +1,476,300 +118%
BIM
23
BlackRock Investment Management
Delaware
$24.3M +$3.41M +468,352 +22%
IIM
24
Ivory Investment Management
New York
$23M -$42M -5,775,106 -70%
Northern Trust
25
Northern Trust
Illinois
$22.3M -$3.52M -484,607 -17%

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.