CNX RES CORP CNX
COM · Common Stock · CUSIP 12653C108 · ISIN US12653C1080
American energy company
- SectorEnergy
- IndustryCrude Petroleum & Natural Gas
- HeadquartersCanonsburg, PA
- Founded1864
- Websiteconsolenergy.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($8.3m this quarter). Holder counts are more reliable. Shares outstanding: 158.9m as of 2023-10-12, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $22.64. Options: 9 managers hold calls ($11.2m notional), 14 hold puts ($10.3m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 303 |
| Q4 2022 | 309 |
| Q1 2023 | 298 |
| Q2 2023 | 292 |
| Q3 2023 | 324 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 125 | 169 |
| Q1 2023 | 126 | 162 |
| Q2 2023 | 107 | 169 |
| Q3 2023 | 146 | 151 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $34.4m | $17.2m | 0.50 |
| Q1 2023 | $17.9m | $9.9m | 0.55 |
| Q2 2023 | $9.1m | $5.5m | 0.61 |
| Q3 2023 | $11.2m | $10.3m | 0.92 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +6.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +2.0m |
| D. E. Shaw & Co., Inc. | Added | +1.8m |
| Aventail Capital Group, LP | New | +1.2m |
| MORGAN STANLEY | Added | +933.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +842.3k |
| Squarepoint Ops LLC | Added | +766.0k |
| AQR CAPITAL MANAGEMENT LLC | Added | +647.3k |
| BANK OF MONTREAL /CAN/ | Added | +507.7k |
| Man Group plc | New | +434.4k |
Biggest sellers
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Reduced | -2.8m |
| MACQUARIE GROUP LTD | Reduced | -1.1m |
| MARSHALL WACE, LLP | Reduced | -836.4k |
| WEDGE CAPITAL MANAGEMENT L L P/NC | Reduced | -648.5k |
| JPMORGAN CHASE & CO | Reduced | -639.9k |
| Man Group plc | Sold out | -559.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -540.3k |
| CITADEL ADVISORS LLC | Reduced | -455.9k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC | Reduced | -326.1k |
| Balyasny Asset Management L.P. | Sold out | -323.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $5.4m237.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.7m162.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $557.0k24.7k shares |
| GROUP ONE TRADING LLC | Reduced | $505.8k22.4k shares |
| WOLVERINE TRADING, LLC | New | $431.3k19.1k shares |
| JANE STREET GROUP, LLC | Reduced | $411.0k18.2k shares |
| Walleye Trading LLC | Added | $277.7k12.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | Reduced | $0300 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.3m144.1k shares |
| CITADEL ADVISORS LLC | Added | $1.9m82.7k shares |
| Centiva Capital, LP | New | $1.1m50.0k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $903.2k40.0k shares |
| JANE STREET GROUP, LLC | Added | $900.9k39.9k shares |
| SIMPLEX TRADING, LLC | Added | $772.0k34.2k shares |
| WOLVERINE TRADING, LLC | New | $465.1k20.6k shares |
| IMC-Chicago, LLC | New | $282.2k12.5k shares |
| Caption Management, LLC | New | $248.4k11.0k shares |
| Maven Securities LTD | New | $241.6k10.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2025-07-15 | 6.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
| STATE STREET CORP 13G · institution +0.2 pts · filed 2026-05-12 | 5.0% |
Fell to 5% or below in the last year: MFN Partners, LP (0.0%, 2026-05-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Neuberger Berman Group LLC (4.9%, 2026-03-04)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $2.6m | 0 | — | — |
| Q3 2023 | 1 | $3.2m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-18 | LANIGAN BERNARD JR Director · By Conifer Partners IV, LLC | Bought | $999.9k45.8k shares |
| 2023-09-15 | LANIGAN BERNARD JR Director · By Conifer Partners IV, LLC | Bought | $1.5m68.2k shares |
| 2023-09-15 | LANIGAN BERNARD JR Director · By Teton Pines Capital, LLC | Bought | $670.0k30.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 19.5m $439.2m | Reduced -249.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 16.2m $365.0m | Reduced -288.3k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 13.6m $306.2m | Reduced -249.8k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 7.84% of their portfolio | 9.4m $211.7m | Reduced -2.8m |
| STATE STREET CORP 0.01% of their portfolio | 9.3m $211.1m | Reduced -242.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.17% of their portfolio | 6.2m $139.7m | New |
| D. E. Shaw & Co., Inc. 0.22% of their portfolio | 6.0m $134.6m | Added +1.8m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 3.8m $84.9m | Reduced -130.1k |
| Invesco Ltd. 0.02% of their portfolio | 3.6m $81.0m | Added +376.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.4m $75.7m | Added +56.2k |
| FMR LLC 0.01% of their portfolio | 2.8m $63.6m | Added +130.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 2.5m $57.3m | Reduced -540.3k |
| Aequim Alternative Investments LP 2.15% of their portfolio | 2.5m $56.7m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 2.4m $54.0m | Added +933.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.3m $51.9m | Reduced -105.0k |
| Southeast Asset Advisors, LLC 7.14% of their portfolio | 2.2m $50.8m | Added +253.5k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 2.2m $49.6m | Reduced -1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 2.2m $49.5m | Added +2.0m |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 2.2m $48.6m | Added +217.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.0m $46.1m | Reduced -639.9k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 1.8m $41.2m | Added +23.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.6m $35.8m | Added +225.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.4m $32.7m | Added +15.3k |
| CITIGROUP INC 0.04% of their portfolio | 1.3m $29.8m | Reduced -66.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.3m $29.7m | Reduced -278.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.2m $28.0m | Reduced -179.3k |
| Aventail Capital Group, LP 1.86% of their portfolio | 1.2m $26.7m | New |
| MARSHALL WACE, LLP 0.06% of their portfolio | 1.2m $26.0m | Reduced -836.4k |
| KGH Ltd 1.32% of their portfolio | 1.0m $23.6m | Unchanged |
| GLENMEDE TRUST CO NA 0.12% of their portfolio | 953.4k $21.5m | Reduced -10.9k |
| Tributary Capital Management, LLC 2.00% of their portfolio | 934.2k $21.1m | Reduced -70.9k |
| Brandywine Global Investment Management, LLC 0.18% of their portfolio | 927.2k $20.9m | Added +44.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 897.0k $20.3m | Reduced -120.7k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 874.8k $19.8m | Reduced -288.7k |
| Squarepoint Ops LLC 0.09% of their portfolio | 857.4k $19.4m | Added +766.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.11% of their portfolio | 842.3k $19.0m | New |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.19% of their portfolio | 817.6k $18.5m | Reduced -36.5k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 744.0k $16.8m | Added +149.5k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 676.7k $15.3m | Added +647.3k |
| TRUIST FINANCIAL CORP 0.03% of their portfolio | 676.3k $15.3m | Reduced -69.8k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 638.2k $14.4m | Reduced -455.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 606.4k $13.7m | Reduced -20.4k |
| CAPITAL MANAGEMENT CORP /VA 3.00% of their portfolio | 588.2k $13.3m | Reduced -107.8k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 573.4k $12.9m | Reduced -97.6k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 1.85% of their portfolio | 562.0k $12.7m | Reduced -326.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 555.2k $12.5m | Reduced -12.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 551.4k $12.5m | Reduced -7.8k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 535.3k $12.1m | Added +69.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 528.7k $11.7m | Added +507.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 496.5k $11.2m | Added +280.8k |
| Cambria Investment Management, L.P. 0.86% of their portfolio | 471.3k $10.6m | Added +36.8k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.32% of their portfolio | 468.6k $10.6m | Reduced -20.1k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 460.5k $10.4m | Added +380.0k |
| Wallace Capital Management Inc. 1.57% of their portfolio | 453.9k $10.2m | Added +10.5k |
| SCP Investment, LP 3.91% of their portfolio | 450.0k $10.2m | Added +225.0k |
| Parkwood LLC 1.77% of their portfolio | 441.2k $10.0m | Reduced -91.8k |
| Man Group plc 0.03% of their portfolio | 434.4k $9.8m | New |
| GREAT LAKES ADVISORS, LLC 0.09% of their portfolio | 426.6k $9.6m | Added +36.5k |
| Cove Street Capital, LLC 3.00% of their portfolio | 391.1k $8.9m | Added +13.8k |
| Swiss National Bank 0.01% of their portfolio | 364.0k $8.2m | Reduced -1.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 356.6k $8.1m | Reduced -11.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 347.7k $7.9m | Added +249.6k |
| Rafferty Asset Management, LLC 0.04% of their portfolio | 328.7k $7.4m | Reduced -72.0k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 306.7k $6.9m | Added +15.4k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio | 305.6k $6.9m | Reduced -21.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 304.4k $6.9m | Added +210.8k |
| UBS Group AG 0.00% of their portfolio | 296.9k $6.7m | Added +82.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 295.5k $6.7m | Added +77.0k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 290.7k $6.6m | Reduced -808 |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.13% of their portfolio | 289.1k $6.5m | Reduced -648.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 277.7k $6.3m | Reduced -2.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 264.7k $6.0m | Reduced -37.3k |
| CONGRESS ASSET MANAGEMENT CO 0.05% of their portfolio | 264.6k $6.0m | Added +246 |
| Highlander Capital Management, LLC 2.32% of their portfolio | 261.9k $5.9m | Added +26.2k |
| Legal & General Group Plc 0.00% of their portfolio | 261.3k $5.9m | Reduced -10.2k |
| Delphi Financial Group, Inc. 2.81% of their portfolio | 256.9k $5.8m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 256.1k $5.8m | Reduced -66.6k |
| KESTREL INVESTMENT MANAGEMENT CORP 3.62% of their portfolio | 253.2k $5.7m | Reduced -28.8k |
| Dorsey Wright & Associates 1.64% of their portfolio | 232.8k $5.3m | New |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 232.7k $5.3m | Reduced -10.4k |
| Cubist Systematic Strategies, LLC 0.06% of their portfolio | 223.3k $5.0m | Added +122.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 218.1k $4.9m | Reduced -28.4k |
| GAMCO INVESTORS, INC. ET AL 0.05% of their portfolio | 201.7k $4.6m | Unchanged |
| Retirement Systems of Alabama 0.02% of their portfolio | 201.6k $4.6m | Reduced -11.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 193.2k $4.4m | Added +9.7k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 190.0k $4.3m | Reduced -1.1k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 188.8k $4.3m | Added +2.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 183.2k $4.1m | Reduced -20.6k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 181.2k $4.1m | Added +118.9k |
| COMERICA BANK 0.02% of their portfolio | 179.5k $4.1m | New |
| SG Americas Securities, LLC 0.05% of their portfolio | 175.8k $4.0m | New |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 174.6k $3.9m | Added +91.1k |
| MetLife Investment Management, LLC 0.03% of their portfolio | 172.2k $3.9m | Reduced -9.6k |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 169.9k $3.8m | Added +69.6k |
| Bridgewater Associates, LP 0.02% of their portfolio | 168.0k $3.8m | Added +125.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 166.8k $3.8m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 162.2k $3.7m | Added +10.1k |
| QRG CAPITAL MANAGEMENT, INC. 0.06% of their portfolio | 156.9k $3.5m | First filing |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 151.4k $3.4m | Reduced -258.8k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 149.7k $3.4m | New |