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CNX Resources

270 hedge funds and large institutions have $2.91B invested in CNX Resources in 2018 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 100 increasing their positions, 85 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more call options, than puts

Call options by funds: $16.2M | Put options by funds: $7.36M

18% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 85

0.22% more ownership

Funds ownership: 95.1%95.32% (+0.22%)

2% less funds holding

Funds holding: 276270 (-6)

10% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 40

21% less capital invested

Capital invested by funds: $3.69B → $2.91B (-$779M)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
270
Holders Change
-6
Holders Change %
-2.17%
% of All Funds
6.17%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.14%
New
36
Increased
100
Reduced
85
Closed
40
Calls
$16.2M
Puts
$7.36M
Net Calls
+$8.8M
Net Calls Change
-$363K
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
1
Southeastern Asset Management
Tennessee
$720M -$4.18M -263,291 -0.5%
BlackRock
2
BlackRock
New York
$259M +$20.2M +1,271,520 +8%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$223M -$1.04M -65,520 -0.4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$198M +$1.93M +121,394 +0.9%
State Street
5
State Street
Massachusetts
$140M +$24M +1,512,680 +18%
KL
6
KGH Ltd
Bahamas
$97.2M +$14.2M +893,213 +15%
Capital International Investors
7
Capital International Investors
California
$89.2M +$98.9M +6,235,000 New
VanEck Associates
8
VanEck Associates
New York
$77.9M -$380K -23,931 -0.4%
AP
9
Antipodes Partners
Australia
$75.4M +$7.38M +465,049 +10%
Goldman Sachs
10
Goldman Sachs
New York
$65.9M -$22.3M -1,403,453 -23%
GC
11
Greenlight Capital
New York
$50.1M -$65.4M -4,125,000 -54%
AQR Capital Management
12
AQR Capital Management
Connecticut
$49.2M -$20.4M -1,286,863 -27%
Millennium Management
13
Millennium Management
New York
$49.2M +$11.6M +733,268 +27%
Norges Bank
14
Norges Bank
Norway
$47.4M
Bank of New York Mellon
15
Bank of New York Mellon
New York
$46.3M +$1.64M +103,196 +3%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$34.4M +$30.4M +1,917,291 +397%
JP Morgan Chase
17
JP Morgan Chase
New York
$33.9M +$20.3M +1,280,314 +117%
Prudential Financial
18
Prudential Financial
New Jersey
$31.4M +$5.66M +356,452 +19%
QCI
19
Quaker Capital Investments
Pennsylvania
$30M -$4.78M -301,448 -13%
Northern Trust
20
Northern Trust
Illinois
$28.7M +$854K +53,846 +3%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$27.5M +$1.41M +89,033 +5%
Morgan Stanley
22
Morgan Stanley
New York
$23.2M +$12.7M +799,145 +97%
UBS Group
23
UBS Group
Switzerland
$21.1M -$44.6M -2,813,063 -66%
Charles Schwab
24
Charles Schwab
California
$18.3M +$2.48M +156,448 +14%
Barclays
25
Barclays
United Kingdom
$17.4M +$4.63M +291,872 +32%

CNX Hedge Fund Activity: Q3 2018 in Review

270 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q3 2018, worth a combined $2.91B — down 21% from $3.69B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of CNX and 36 opened new positions — a net loss of 4 holders — while 85 trimmed existing stakes and 100 added.

The largest buyer was Capital International Investors, opening a new position worth an estimated $98.9M. The largest seller was Capital World Investors, exiting entirely with an estimated $111M sold.

  • 270 institutional investors held CNX Resources (CNX) as of Q3 2018, down from 276 in Q2 2018.
  • Funds reported $2.91B of CNX Resources stock for Q3 2018, down 21% quarter-over-quarter.
  • 36 funds opened new CNX Resources positions in Q3 2018 and 40 closed out, a net change of -4 holders.
  • The largest CNX Resources buyer in Q3 2018 was Capital International Investors, an estimated $98.9M added.
  • The largest CNX Resources seller in Q3 2018 was Capital World Investors, an estimated $111M sold.

Based on aggregated 13F filings for Q3 2018.