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 ($6.5m this quarter). Holder counts are more reliable. Shares outstanding: 151.8m as of 2024-02-06, 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 ≈ $20.00. Options: 8 managers hold calls ($11.2m notional), 8 hold puts ($5.4m).
Trends to Q4 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 |
| Q4 2023 | 321 |
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 |
| Q4 2023 | 118 | 173 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $17.9m | $9.9m | 0.55 |
| Q2 2023 | $9.1m | $5.5m | 0.61 |
| Q3 2023 | $11.2m | $10.3m | 0.92 |
| Q4 2023 | $11.2m | $5.4m | 0.49 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +2.8m |
| MORGAN STANLEY | Added | +1.7m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.3m |
| LSV ASSET MANAGEMENT | Added | +1.0m |
| Invesco Ltd. | Added | +929.7k |
| D. E. Shaw & Co., Inc. | Added | +916.0k |
| Man Group plc | New | +844.0k |
| BANK OF AMERICA CORP /DE/ | Added | +708.0k |
| AMERICAN CENTURY COMPANIES INC | Added | +598.5k |
| CREDIT SUISSE AG/ | Added | +323.5k |
Biggest sellers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.5m |
| MARSHALL WACE, LLP | Sold out | -1.2m |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Reduced | -1.0m |
| MACQUARIE GROUP LTD | Reduced | -711.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -666.4k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -551.4k |
| SCP Investment, LP | Sold out | -450.0k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | Reduced | -444.7k |
| Man Group plc | Sold out | -434.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $5.9m297.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.3m114.2k shares |
| D. E. Shaw & Co., Inc. | New | $1.1m56.6k shares |
| SIMPLEX TRADING, LLC | Added | $768.0k38.4k shares |
| IMC-Chicago, LLC | New | $434.0k21.7k shares |
| GROUP ONE TRADING LLC | Reduced | $384.0k19.2k shares |
| JANE STREET GROUP, LLC | Reduced | $242.0k12.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.9m94.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.6m82.5k shares |
| Centiva Capital, LP | Unchanged | $1.0m50.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $448.0k22.4k shares |
| GROUP ONE TRADING LLC | Added | $236.0k11.8k shares |
| Maven Securities LTD | Unchanged | $214.0k10.7k shares |
| Cutler Group LLC / CA | Added | $2.0k5.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 19.7m $394.3m | Added +264.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 15.8m $315.7m | Reduced -381.1k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 13.5m $269.4m | Reduced -87.2k |
| STATE STREET CORP 0.01% of their portfolio | 9.5m $190.5m | Added +175.8k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 6.41% of their portfolio | 8.3m $166.8m | Reduced -1.0m |
| D. E. Shaw & Co., Inc. 0.20% of their portfolio | 6.9m $137.5m | Added +916.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.9m $97.8m | Added +2.8m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.10% of their portfolio | 4.6m $92.2m | Reduced -1.6m |
| Invesco Ltd. 0.02% of their portfolio | 4.5m $90.3m | Added +929.7k |
| MORGAN STANLEY 0.00% of their portfolio | 4.1m $81.9m | Added +1.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.4m $68.5m | Added +71.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.4m $68.0m | Reduced -358.5k |
| FMR LLC 0.00% of their portfolio | 2.8m $57.0m | Added +33.4k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 2.8m $55.1m | Added +598.5k |
| Aequim Alternative Investments LP 2.00% of their portfolio | 2.5m $50.2m | Unchanged |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.3m $45.7m | Reduced -11.7k |
| Southeast Asset Advisors, LLC 5.96% of their portfolio | 2.2m $45.0m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 2.2m $43.4m | Reduced -366.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $40.4m | Added +708.0k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 1.8m $36.2m | Reduced -11.1k |
| LSV ASSET MANAGEMENT 0.06% of their portfolio | 1.5m $29.8m | Added +1.0m |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 1.5m $29.7m | Reduced -711.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.5m $29.1m | Added +9.4k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 1.4m $28.9m | Added +1.3m |
| Aventail Capital Group, LP 2.43% of their portfolio | 1.4m $28.7m | Added +250.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.4m $28.2m | Reduced -175.0k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 1.2m $24.0m | Added +323.5k |
| CITIGROUP INC 0.03% of their portfolio | 1.2m $23.3m | Reduced -157.9k |
| Squarepoint Ops LLC 0.08% of their portfolio | 957.5k $19.2m | Added +100.1k |
| GLENMEDE TRUST CO NA 0.10% of their portfolio | 930.1k $18.6m | Reduced -23.3k |
| Tributary Capital Management, LLC 1.54% of their portfolio | 917.4k $18.3m | Reduced -16.8k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 884.3k $17.7m | Reduced -354.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 856.1k $17.1m | Added +217.9k |
| Brandywine Global Investment Management, LLC 0.14% of their portfolio | 848.0k $17.0m | Reduced -79.2k |
| Man Group plc 0.05% of their portfolio | 844.0k $16.9m | New |
| KGH Ltd 0.91% of their portfolio | 796.4k $15.9m | Reduced -250.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% of their portfolio | 747.8k $15.0m | Reduced -94.4k |
| CAPITAL MANAGEMENT CORP /VA 2.89% of their portfolio | 736.3k $14.7m | Added +148.0k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 687.4k $13.7m | Added +10.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 664.5k $13.3m | Reduced -1.5m |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 596.0k $11.9m | Reduced -148.0k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 593.6k $11.9m | Added +58.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 593.0k $11.9m | Reduced -13.4k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 574.6k $11.5m | Added +1.2k |
| Cambria Investment Management, L.P. 0.79% of their portfolio | 565.5k $11.3m | Added +94.3k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 1.50% of their portfolio | 564.7k $11.3m | Added +2.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 530.9k $10.6m | Reduced -24.3k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 492.9k $9.9m | Reduced -183.4k |
| Parkwood LLC 1.57% of their portfolio | 490.4k $9.8m | Added +49.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 479.5k $9.6m | Reduced -17.0k |
| Wallace Capital Management Inc. 1.34% of their portfolio | 451.9k $9.0m | Reduced -2.0k |
| GREAT LAKES ADVISORS, LLC 0.08% of their portfolio | 411.6k $8.2m | Reduced -15.0k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.07% of their portfolio | 372.9k $7.5m | Reduced -444.7k |
| BARCLAYS PLC 0.00% of their portfolio | 371.3k $7.4m | Added +115.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 356.1k $7.1m | Reduced -497 |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 352.4k $7.0m | Reduced -116.2k |
| Rafferty Asset Management, LLC 0.03% of their portfolio | 351.9k $7.0m | Added +23.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 343.0k $6.9m | Added +124.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 341.7k $6.8m | Added +35.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 336.3k $6.7m | Added +40.8k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 327.8k $6.7m | Reduced -200.9k |
| Swiss National Bank 0.00% of their portfolio | 318.2k $6.4m | Reduced -45.8k |
| Cove Street Capital, LLC 1.93% of their portfolio | 315.2k $6.3m | Reduced -75.9k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.02% of their portfolio | 291.2k $5.8m | Reduced -14.5k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.10% of their portfolio | 290.3k $5.8m | Added +1.2k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 285.5k $5.7m | Reduced -19.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 278.8k $5.6m | Added +112.0k |
| CONGRESS ASSET MANAGEMENT CO 0.04% of their portfolio | 265.6k $5.3m | Added +945 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 262.0k $5.2m | Reduced -15.7k |
| Dorsey Wright & Associates 1.57% of their portfolio | 257.8k $5.2m | Added +25.0k |
| Highlander Capital Management, LLC 1.83% of their portfolio | 256.9k $5.1m | Reduced -5.0k |
| Delphi Financial Group, Inc. 3.01% of their portfolio | 256.9k $5.1m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 254.7k $5.1m | Reduced -6.6k |
| UBS Group AG 0.00% of their portfolio | 234.1k $4.7m | Reduced -62.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 230.6k $4.6m | Reduced -666.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 224.0k $4.5m | Reduced -40.7k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 221.9k $4.4m | New |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 221.1k $4.4m | Reduced -69.6k |
| KESTREL INVESTMENT MANAGEMENT CORP 2.87% of their portfolio | 212.4k $4.2m | Reduced -40.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 209.7k $4.2m | New |
| GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio | 201.2k $4.0m | Reduced -500 |
| Retirement Systems of Alabama 0.02% of their portfolio | 199.0k $4.0m | Reduced -2.7k |
| Magnetar Financial LLC 0.10% of their portfolio | 198.2k $4.0m | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 195.0k $3.9m | Added +5.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 188.8k $3.8m | Unchanged |
| COMERICA BANK 0.02% of their portfolio | 188.4k $3.8m | Added +8.8k |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 185.0k $3.7m | Reduced -47.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 183.5k $3.7m | Reduced -9.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 179.1k $3.6m | Reduced -168.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 173.7k $3.5m | Added +25.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 171.2k $3.4m | Reduced -12.0k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 169.4k $3.4m | Reduced -2.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 161.3k $3.2m | Reduced -910 |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 155.1k $3.1m | Reduced -14.8k |
| QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio | 154.7k $3.1m | Reduced -2.2k |
| Edgestream Partners, L.P. 0.22% of their portfolio | 154.1k $3.1m | Added +128.4k |
| LPL Financial LLC 0.00% of their portfolio | 152.2k $3.0m | Added +5.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 146.8k $2.9m | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 146.8k $2.9m | Reduced -2.9k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio | 137.2k $2.7m | Added +96 |