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 ($2.7m this quarter). Holder counts are more reliable. Shares outstanding: 148.8m as of 2025-02-04, 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 ≈ $36.61. Options: 25 managers hold calls ($393.1m notional), 22 hold puts ($158.6m).
Trends to Q4 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 |
| Q2 2024 | 328 |
| Q3 2024 | 342 |
| Q4 2024 | 376 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 126 | 162 |
| Q2 2023 | 107 | 169 |
| Q3 2023 | 146 | 151 |
| Q4 2023 | 118 | 173 |
| Q1 2024 | 135 | 178 |
| Q2 2024 | 150 | 159 |
| Q3 2024 | 133 | 179 |
| Q4 2024 | 156 | 177 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $176.9m | $7.6m | 0.04 |
| Q2 2024 | $180.9m | $3.9m | 0.02 |
| Q3 2024 | $250.1m | $6.4m | 0.03 |
| Q4 2024 | $393.1m | $158.6m | 0.40 |
Biggest buyers
| Woodline Partners LP | New | +2.0m |
| UBS Group AG | Added | +1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +1.0m |
| GOLDMAN SACHS GROUP INC | Added | +497.1k |
| Squarepoint Ops LLC | New | +483.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +471.8k |
| BARCLAYS PLC | Added | +432.4k |
| NORTHERN TRUST CORP | Added | +411.5k |
| Bridgewater Associates, LP | New | +366.2k |
| Capital Research Global Investors | Added | +350.0k |
Biggest sellers
| MIZUHO MARKETS AMERICAS LLC | Sold out | -4.0m |
| Aequim Alternative Investments LP | Sold out | -2.4m |
| FMR LLC | Reduced | -2.1m |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Reduced | -1.7m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -1.3m |
| Invesco Ltd. | Reduced | -957.6k |
| STATE STREET CORP | Reduced | -945.9k |
| JPMORGAN CHASE & CO | Reduced | -795.0k |
| Bank of New York Mellon Corp | Reduced | -713.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -622.2k |
Biggest calls
| UBS Group AG | Unchanged | $246.3m6.7m shares |
| GOLDMAN SACHS GROUP INC | New | $42.1m1.1m shares |
| P SCHOENFELD ASSET MANAGEMENT LP | New | $23.8m650.0k shares |
| CITADEL ADVISORS LLC | Reduced | $7.9m215.2k shares |
| Thomist Capital Management, LP | New | $7.4m200.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.3m198.6k shares |
| Caption Management, LLC | New | $7.2m197.3k shares |
| BANK OF AMERICA CORP /DE/ | New | $6.1m167.2k shares |
| SIMPLEX TRADING, LLC | Added | $5.5m149.3k shares |
| WOLVERINE TRADING, LLC | Added | $5.4m147.0k shares |
Biggest puts
| NOMURA HOLDINGS INC | New | $55.0m1.5m shares |
| GOLDMAN SACHS GROUP INC | New | $16.9m461.6k shares |
| Yaupon Capital Management LP | New | $14.7m400.0k shares |
| SIG BROKERAGE, LP | First filing | $14.7m400.0k shares |
| GROUP ONE TRADING LLC | Added | $14.4m391.9k shares |
| WOLVERINE TRADING, LLC | Added | $10.3m277.8k shares |
| CITADEL ADVISORS LLC | Added | $8.8m239.3k shares |
| SIMPLEX TRADING, LLC | Added | $6.0m163.5k shares |
| Caption Management, LLC | New | $5.3m145.0k shares |
| JPMORGAN CHASE & CO | New | $3.1m83.3k 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 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $4.0m | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 19.2m $704.8m | Added +173.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 15.3m $560.6m | Added +996 |
| MFN Partners Management, LP 10.83% of their portfolio | 15.0m $550.0m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 9.8m $359.4m | Reduced -1.3m |
| NEUBERGER BERMAN GROUP LLC 0.26% of their portfolio | 9.0m $328.8m | Added +281.3k |
| STATE STREET CORP 0.01% of their portfolio | 7.0m $257.9m | Reduced -945.9k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 7.77% of their portfolio | 4.5m $164.5m | Reduced -1.7m |
| Mercuria Capital Strategies, LLC 55.03% of their portfolio | 4.0m $146.7m | First filing |
| D. E. Shaw & Co., Inc. 0.16% of their portfolio | 4.0m $145.2m | Reduced -277.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.5m $130.1m | Reduced -55.0k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 3.3m $122.4m | Reduced -521.2k |
| MORGAN STANLEY 0.01% of their portfolio | 2.4m $89.3m | Added +287.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.4m $88.8m | Added +411.5k |
| Southeast Asset Advisors, LLC 10.20% of their portfolio | 2.3m $83.1m | Reduced -146.2k |
| Invesco Ltd. 0.01% of their portfolio | 2.1m $78.8m | Reduced -957.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.1m $77.6m | Added +497.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $73.4m | Added +139.6k |
| Woodline Partners LP 0.49% of their portfolio | 2.0m $72.0m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.9m $67.9m | Reduced -713.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.8m $64.4m | Reduced -795.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.7m $61.3m | Reduced -622.2k |
| TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio | 1.6m $57.8m | Reduced -154.7k |
| Capital Research Global Investors 0.01% of their portfolio | 1.4m $53.2m | Added +350.0k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 1.4m $51.5m | Added +68.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.4m $50.1m | Added +322.2k |
| UBS Group AG 0.01% of their portfolio | 1.4m $50.0m | Added +1.1m |
| LSV ASSET MANAGEMENT 0.11% of their portfolio | 1.3m $49.1m | Reduced -238.8k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 1.2m $42.3m | Added +471.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.1m $41.0m | Reduced -8.2k |
| TWO SIGMA ADVISERS, LP 0.09% of their portfolio | 1.1m $39.5m | Added +242.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 1.0m $37.9m | New |
| ASSETMARK, INC 0.09% of their portfolio | 885.4k $32.5m | Added +19.3k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 769.2k $28.2m | Reduced -84.9k |
| Brandywine Global Investment Management, LLC 0.19% of their portfolio | 700.0k $25.7m | Reduced -57.6k |
| BARCLAYS PLC 0.01% of their portfolio | 693.2k $25.4m | Added +432.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 655.1k $24.0m | Reduced -389.2k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 645.6k $23.7m | Added +69.3k |
| FMR LLC 0.00% of their portfolio | 642.1k $23.5m | Reduced -2.1m |
| Aureus Asset Management, LLC 1.49% of their portfolio | 629.7k $23.1m | Reduced -12.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio | 622.5k $22.8m | Added +5.8k |
| Cambria Investment Management, L.P. 1.31% of their portfolio | 587.2k $21.5m | Added +30.6k |
| CITIGROUP INC 0.02% of their portfolio | 515.9k $18.9m | Added +58.5k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 494.6k $18.1m | Added +6.4k |
| Squarepoint Ops LLC 0.05% of their portfolio | 483.0k $17.7m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 464.9k $17.0m | Added +7.2k |
| Wallace Capital Management Inc. 2.16% of their portfolio | 431.0k $15.8m | Reduced -7.9k |
| GREAT LAKES ADVISORS, LLC 0.13% of their portfolio | 421.3k $15.4m | Reduced -19.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 416.1k $15.3m | Added +348.5k |
| DAVENPORT & Co LLC 0.09% of their portfolio | 412.5k $15.1m | Reduced -198.6k |
| GLENMEDE TRUST CO NA 0.08% of their portfolio | 404.0k $14.8m | Reduced -585.7k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 389.1k $14.3m | First filing |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 1.84% of their portfolio | 380.2k $13.9m | Reduced -159.7k |
| Bridgewater Associates, LP 0.06% of their portfolio | 366.2k $13.4m | New |
| CAPITAL MANAGEMENT CORP /VA 2.36% of their portfolio | 359.6k $13.2m | Reduced -23.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 304.5k $11.2m | Added +4.9k |
| Aventail Capital Group, LP 0.58% of their portfolio | 300.0k $11.0m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 297.4k $10.9m | Reduced -1.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 278.6k $10.3m | Added +269.7k |
| CONGRESS ASSET MANAGEMENT CO 0.07% of their portfolio | 266.4k $9.8m | Added +18.0k |
| Empirical Asset Management, LLC 0.08% of their portfolio | 253.1k $253.1k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 252.8k $9.3m | Added +5.5k |
| Corebridge Financial, Inc. 0.05% of their portfolio | 240.4k $8.8m | Reduced -16.3k |
| Legal & General Group Plc 0.00% of their portfolio | 235.9k $8.6m | Reduced -1.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 234.4k $8.6m | Added +117.4k |
| TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio | 232.3k $8.5m | Reduced -51.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 229.2k $8.4m | Reduced -536 |
| KESTREL INVESTMENT MANAGEMENT CORP 4.56% of their portfolio | 225.2k $8.3m | Unchanged |
| Aquatic Capital Management LLC 0.22% of their portfolio | 224.0k $8.2m | Added +30.8k |
| ExodusPoint Capital Management, LP 0.08% of their portfolio | 220.1k $8.1m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 213.1k $7.8m | Added +17.5k |
| Empowered Funds, LLC 0.11% of their portfolio | 211.7k $7.8m | Added +162.2k |
| QRG CAPITAL MANAGEMENT, INC. 0.08% of their portfolio | 200.7k $7.4m | Added +7.1k |
| GAMCO INVESTORS, INC. ET AL 0.08% of their portfolio | 200.1k $7.3m | Unchanged |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 195.5k $7.2m | Reduced -565.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 194.3k $7.1m | Added +129.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 187.6k $6.9m | Reduced -33.4k |
| Retirement Systems of Alabama 0.02% of their portfolio | 181.5k $6.7m | Reduced -2.2k |
| Man Group plc 0.02% of their portfolio | 171.7k $6.3m | Reduced -74.7k |
| Rafferty Asset Management, LLC 0.02% of their portfolio | 171.6k $6.3m | Reduced -46.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 171.2k $6.3m | Reduced -5.4k |
| MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio | 169.3k $6.2m | Reduced -2.4k |
| MetLife Investment Management, LLC 0.03% of their portfolio | 168.9k $6.2m | Added +8.9k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 166.4k $6.1m | Reduced -84.0k |
| Twin Tree Management, LP 0.15% of their portfolio | 164.7k $6.0m | Added +164.2k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.55% of their portfolio | 156.0k $5.7m | Reduced -20.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 154.6k $5.7m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 151.4k $5.6m | Reduced -15.1k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 141.6k $5.2m | Reduced -24.4k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.09% of their portfolio | 141.5k $5.2m | Reduced -19.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 141.0k $5.2m | Reduced -5.0k |
| Carnegie Lake Advisors LLC 2.02% of their portfolio | 136.2k $5.0m | Reduced -100.7k |
| Informed Momentum Co LLC 0.66% of their portfolio | 126.8k $4.7m | New |
| Riverwater Partners LLC 2.25% of their portfolio | 125.9k $4.6m | Reduced -20.5k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 122.2k $4.5m | Reduced -71.3k |
| Brevan Howard Capital Management LP 0.10% of their portfolio | 115.1k $4.2m | Reduced -2.6k |
| Edgestream Partners, L.P. 0.18% of their portfolio | 114.6k $4.2m | Added +35.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 106.3k $3.9m | Reduced -122.9k |
| Paralel Advisors LLC 0.17% of their portfolio | 105.8k $3.9m | Added +9.6k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 104.3k $3.8m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 96.5k $3.5m | New |