CNX Resources
323 hedge funds and large institutions have $4.31B invested in CNX Resources in 2016 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 105 increasing their positions, 101 reducing their positions, and 35 closing their positions.
83% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 35
15% more call options, than puts
Call options by funds: $157M | Put options by funds: $137M
8% more funds holding
Funds holding: 298 → 323 (+25)
4% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 101
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.84% less ownership
Funds ownership: 124.5% → 123.65% (-0.84%)
6% less capital invested
Capital invested by funds: $4.57B → $4.31B (-$259M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$114M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$57M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$39.9M |
| 4 |
Two Sigma Advisers
New York
|
+$35.3M |
| 5 |
Morgan Stanley
New York
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$88.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$70.5M |
| 3 |
BRC
Blue Ridge Capital
New York
|
-$64.7M |
| 4 |
GC
Greenlight Capital
New York
|
-$46.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$38.5M |
CNX Hedge Fund Activity: Q4 2016 in Review
323 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q4 2016, worth a combined $4.31B — down 5.7% from $4.57B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new CNX positions and 35 closed out — a net gain of 29 holders — while 105 added to existing stakes and 101 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $114M. The largest seller was Southeastern Asset Management, cutting an estimated $88.9M.
- 323 institutional investors held CNX Resources (CNX) as of Q4 2016, up from 298 in Q3 2016.
- Funds reported $4.31B of CNX Resources stock for Q4 2016, down 5.7% quarter-over-quarter.
- 64 funds opened new CNX Resources positions in Q4 2016 and 35 closed out, a net change of +29 holders.
- The largest CNX Resources buyer in Q4 2016 was AJO LP, an estimated $114M added.
- The largest CNX Resources seller in Q4 2016 was Southeastern Asset Management, an estimated $88.9M sold.
Based on aggregated 13F filings for Q4 2016.