CNX Resources
222 hedge funds and large institutions have $937M invested in CNX Resources in 2020 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 62 increasing their positions, 82 reducing their positions, and 40 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 40
2% less funds holding
Funds holding: 226 → 222 (-4)
4.81% less ownership
Funds ownership: 98.86% → 94.05% (-4.8%)
24% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 82
43% less capital invested
Capital invested by funds: $1.63B → $937M (-$696M)
92% less call options, than puts
Call options by funds: $4.19M | Put options by funds: $50.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$12.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$12.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$12.3M |
| 4 |
GC
Greenlight Capital
New York
|
+$10M |
| 5 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$31.9M |
| 2 |
VanEck Associates
New York
|
-$17.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.1M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$13.1M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$9.61M |
CNX Hedge Fund Activity: Q1 2020 in Review
222 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in CNX Resources (CNX) for Q1 2020, worth a combined $937M — down 43% from $1.63B a quarter earlier.
Fund positioning in CNX was balanced in Q1 2020: 40 funds opened new positions, 40 closed out, 62 added to existing stakes and 82 trimmed.
The largest buyer was KGH Ltd, opening a new position worth an estimated $12.9M. The largest seller was AQR Capital Management, exiting entirely with an estimated $31.9M sold.
- 222 institutional investors held CNX Resources (CNX) as of Q1 2020, down from 226 in Q4 2019.
- Funds reported $937M of CNX Resources stock for Q1 2020, down 43% quarter-over-quarter.
- 40 funds opened new CNX Resources positions in Q1 2020 and 40 closed out, a net change of 0 holders.
- The largest CNX Resources buyer in Q1 2020 was KGH Ltd, an estimated $12.9M added.
- The largest CNX Resources seller in Q1 2020 was AQR Capital Management, an estimated $31.9M sold.
Based on aggregated 13F filings for Q1 2020.