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 ($1.8m this quarter). Holder counts are more reliable. Shares outstanding: 153.2m as of 2024-04-11, 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 ≈ $23.71. Options: 10 managers hold calls ($176.9m notional), 8 hold puts ($7.6m).
Trends to Q1 2024
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 |
| Q1 2024 | 328 |
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 |
| Q1 2024 | 135 | 178 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $9.1m | $5.5m | 0.61 |
| Q3 2023 | $11.2m | $10.3m | 0.92 |
| Q4 2023 | $11.2m | $5.4m | 0.49 |
| Q1 2024 | $176.9m | $7.6m | 0.04 |
Biggest buyers
| NEUBERGER BERMAN GROUP LLC | Added | +3.5m |
| MORGAN STANLEY | Added | +3.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.4m |
| ASSETMARK, INC | Added | +912.5k |
| Invesco Ltd. | Added | +894.8k |
| UBS Group AG | Added | +753.8k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Added | +715.7k |
| STATE STREET CORP | Added | +586.3k |
| AMERICAN CENTURY COMPANIES INC | Added | +548.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | New | +370.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.6m |
| CREDIT SUISSE AG/ | Reduced | -1.1m |
| D. E. Shaw & Co., Inc. | Reduced | -982.0k |
| BlackRock Inc. | Reduced | -817.6k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -802.5k |
| Squarepoint Ops LLC | Reduced | -513.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -466.5k |
| TRUIST FINANCIAL CORP | Reduced | -437.1k |
| VANGUARD GROUP INC | Reduced | -377.7k |
Biggest calls
| UBS Group AG | New | $159.3m6.7m shares |
| CITADEL ADVISORS LLC | Added | $7.3m309.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.3m222.1k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $1.3m56.6k shares |
| GROUP ONE TRADING LLC | Added | $1.3m55.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.3m53.0k shares |
| IMC-Chicago, LLC | Added | $695.0k29.3k shares |
| JANE STREET GROUP, LLC | Added | $341.6k14.4k shares |
| Walleye Trading LLC | New | $21.3k900 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.6m192.2k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m81.8k shares |
| IMC-Chicago, LLC | New | $396.1k16.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $334.0k14.1k shares |
| GROUP ONE TRADING LLC | Added | $308.4k13.0k shares |
| Walleye Trading LLC | New | $33.2k1.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | Reduced | $05.2k 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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2024 | 1 | $25.1k | 1 | $25.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-02-26 | Bedard Timothy Scott EVP and General Counsel · Trustee of Family Trust | Sold | $25.5k1.2k shares |
| 2024-02-26 | Bedard Timothy Scott EVP and General Counsel · Trustee of Family Trust | Sold | $25.5k1.2k shares |
| 2024-02-23 | Bedard Timothy Scott EVP and General Counsel · Trustee of Family Trust | Bought | $25.1k1.2k shares |
| 2024-02-23 | Bedard Timothy Scott EVP and General Counsel · Trustee of Family Trust | Bought | $25.1k1.2k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 18.9m $448.3m | Reduced -817.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 15.4m $365.4m | Reduced -377.7k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 12.7m $300.5m | Reduced -802.5k |
| STATE STREET CORP 0.01% of their portfolio | 10.1m $239.8m | Added +586.3k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 8.25% of their portfolio | 9.1m $214.8m | Added +715.7k |
| MORGAN STANLEY 0.00% of their portfolio | 7.1m $168.0m | Added +3.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio | 6.0m $142.0m | Added +1.4m |
| D. E. Shaw & Co., Inc. 0.18% of their portfolio | 5.9m $139.8m | Reduced -982.0k |
| Invesco Ltd. 0.03% of their portfolio | 5.4m $128.4m | Added +894.8k |
| NEUBERGER BERMAN GROUP LLC 0.10% of their portfolio | 5.3m $125.6m | Added +3.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.5m $82.6m | Added +54.3k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 3.3m $78.3m | Added +548.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.2m $75.0m | Reduced -1.7m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.1m $73.4m | Reduced -304.9k |
| FMR LLC 0.00% of their portfolio | 2.8m $66.5m | Reduced -46.9k |
| Aequim Alternative Investments LP 2.21% of their portfolio | 2.5m $59.6m | Unchanged |
| Southeast Asset Advisors, LLC 6.42% of their portfolio | 2.2m $53.3m | Reduced -854 |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.0m $48.4m | Reduced -245.6k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 1.8m $43.0m | Added +366.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.8m $42.5m | Reduced -228.9k |
| LSV ASSET MANAGEMENT 0.09% of their portfolio | 1.8m $41.7m | Added +267.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.5m $36.4m | Added +124.5k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 1.4m $34.2m | Reduced -41.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.4m $33.8m | Reduced -30.8k |
| Aventail Capital Group, LP 2.18% of their portfolio | 1.2m $28.6m | Reduced -227.7k |
| Man Group plc 0.07% of their portfolio | 1.1m $25.5m | Added +232.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 998.9k $23.7m | Added +142.8k |
| GLENMEDE TRUST CO NA 0.12% of their portfolio | 997.5k $23.7m | Added +67.4k |
| UBS Group AG 0.01% of their portfolio | 987.9k $23.4m | Added +753.8k |
| ASSETMARK, INC 0.07% of their portfolio | 934.9k $22.2m | Added +912.5k |
| Tributary Capital Management, LLC 1.75% of their portfolio | 899.4k $21.3m | Reduced -18.0k |
| CITIGROUP INC 0.02% of their portfolio | 853.9k $20.3m | Reduced -309.6k |
| Brandywine Global Investment Management, LLC 0.14% of their portfolio | 842.2k $20.0m | Reduced -5.8k |
| KGH Ltd 1.12% of their portfolio | 796.4k $18.9m | Unchanged |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% of their portfolio | 720.1k $17.1m | Reduced -27.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 712.9k $16.9m | Reduced -171.3k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 671.8k $15.9m | Added +78.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 659.5k $15.6m | Added +66.5k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 649.7k $15.4m | Added +53.7k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 587.0k $13.9m | Added +12.4k |
| CAPITAL MANAGEMENT CORP /VA 2.58% of their portfolio | 571.1k $13.5m | Reduced -165.1k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 1.72% of their portfolio | 568.5k $13.5m | Added +3.9k |
| Cambria Investment Management, L.P. 0.77% of their portfolio | 545.5k $12.9m | Reduced -20.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 537.1k $12.7m | Reduced -1.6m |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 525.7k $12.5m | Reduced -5.2k |
| Wallace Capital Management Inc. 1.46% of their portfolio | 452.3k $10.7m | Added +345 |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 449.3k $10.7m | Reduced -238.2k |
| Parkwood LLC 1.11% of their portfolio | 446.6k $10.6m | Reduced -43.9k |
| Squarepoint Ops LLC 0.04% of their portfolio | 443.6k $10.5m | Reduced -513.9k |
| GREAT LAKES ADVISORS, LLC 0.09% of their portfolio | 438.7k $10.4m | Added +27.1k |
| GUGGENHEIM CAPITAL LLC 0.07% of their portfolio | 390.3k $9.3m | Added +235.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 370.0k $8.8m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 368.3k $8.7m | Added +189.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 345.0k $8.2m | Reduced -11.1k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 332.4k $7.9m | Reduced -20.0k |
| Cove Street Capital, LLC 2.42% of their portfolio | 322.7k $7.7m | Added +7.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 319.1k $7.6m | Reduced -17.2k |
| Swiss National Bank 0.01% of their portfolio | 313.7k $7.4m | Reduced -4.5k |
| Bridgewater Associates, LP 0.04% of their portfolio | 313.1k $7.4m | Added +258.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 308.1k $7.3m | Reduced -33.5k |
| DAVENPORT & Co LLC 0.04% of their portfolio | 305.0k $7.2m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 291.3k $6.9m | Reduced -188.2k |
| Quantbot Technologies LP 0.38% of their portfolio | 286.5k $6.8m | Added +241.2k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.11% of their portfolio | 280.4k $6.7m | Reduced -9.9k |
| Rafferty Asset Management, LLC 0.02% of their portfolio | 280.1k $6.6m | Reduced -71.9k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.02% of their portfolio | 276.9k $6.6m | Reduced -14.3k |
| BARCLAYS PLC 0.00% of their portfolio | 274.3k $6.5m | Reduced -97.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 268.4k $6.4m | Reduced -17.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 257.1k $6.1m | New |
| Delphi Financial Group, Inc. 3.94% of their portfolio | 256.9k $6.1m | Unchanged |
| Highlander Capital Management, LLC 2.06% of their portfolio | 253.9k $6.0m | Reduced -3.0k |
| CONGRESS ASSET MANAGEMENT CO 0.04% of their portfolio | 253.2k $6.0m | Reduced -12.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 249.4k $5.9m | Added +25.4k |
| Legal & General Group Plc 0.00% of their portfolio | 243.0k $5.8m | Reduced -11.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 231.4k $5.5m | Reduced -30.6k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 227.7k $5.4m | Reduced -100.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 217.1k $5.1m | Added +184.2k |
| KESTREL INVESTMENT MANAGEMENT CORP 3.34% of their portfolio | 210.8k $5.0m | Reduced -1.6k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.49% of their portfolio | 202.9k $4.8m | New |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 201.8k $4.8m | Reduced -20.1k |
| GAMCO INVESTORS, INC. ET AL 0.05% of their portfolio | 201.2k $4.8m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 198.0k $4.7m | Reduced -466.5k |
| Retirement Systems of Alabama 0.02% of their portfolio | 190.6k $4.5m | Reduced -8.3k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 188.8k $4.5m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 185.8k $4.4m | Reduced -9.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 183.5k $4.4m | Reduced -35 |
| COMERICA BANK 0.02% of their portfolio | 178.5k $4.2m | Reduced -9.8k |
| QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio | 167.4k $4.0m | Added +12.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 165.4k $3.9m | Added +4.1k |
| MetLife Investment Management, LLC 0.03% of their portfolio | 160.2k $3.8m | Reduced -9.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 160.0k $3.8m | Reduced -11.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 156.9k $3.7m | Reduced -73.7k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 146.6k $3.5m | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 146.5k $3.5m | Reduced -249 |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 138.1k $3.3m | Reduced -71.5k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 133.4k $3.2m | Added +13.4k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio | 132.8k $3.2m | Reduced -4.3k |
| DUALITY ADVISERS, LP 0.31% of their portfolio | 131.2k $3.1m | Added +49.7k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 129.5k $3.1m | Reduced -1.1m |
| LPL Financial LLC 0.00% of their portfolio | 128.0k $3.0m | Reduced -24.2k |