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 ($764.6k this quarter). Holder counts are more reliable. Shares outstanding: 144.7m as of 2025-04-14, 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 ≈ $31.48. Options: 23 managers hold calls ($320.9m notional), 19 hold puts ($28.4m).
Trends to Q1 2025
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 |
| Q1 2025 | 367 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 174 | 185 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $180.9m | $3.9m | 0.02 |
| Q3 2024 | $250.1m | $6.4m | 0.03 |
| Q4 2024 | $393.1m | $158.6m | 0.40 |
| Q1 2025 | $320.9m | $28.4m | 0.09 |
Biggest buyers
| BANK OF AMERICA CORP /DE/ | Added | +2.1m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +1.0m |
| Balyasny Asset Management L.P. | Added | +857.6k |
| Capital Research Global Investors | Added | +825.0k |
| TUDOR INVESTMENT CORP ET AL | Added | +696.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +670.1k |
| VANGUARD GROUP INC | Added | +665.3k |
| JPMORGAN CHASE & CO | Added | +578.9k |
| Corigliano Investment Advisers, LLC | New | +513.1k |
| Trexquant Investment LP | New | +447.2k |
Biggest sellers
| MFN Partners Management, LP | Reduced | -6.7m |
| Mercuria Capital Strategies, LLC | Sold out | -4.0m |
| Woodline Partners LP | Sold out | -2.0m |
| Invesco Ltd. | Reduced | -1.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -1.0m |
| GOLDMAN SACHS GROUP INC | Reduced | -604.9k |
| FMR LLC | Reduced | -595.9k |
| Cambria Investment Management, L.P. | Sold out | -587.2k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -414.6k |
| Bridgewater Associates, LP | Sold out | -366.2k |
Biggest calls
| UBS Group AG | Unchanged | $211.5m6.7m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $36.1m1.1m shares |
| BANK OF AMERICA CORP /DE/ | Added | $31.9m1.0m shares |
| Walleye Trading LLC | Added | $7.8m246.9k shares |
| CITADEL ADVISORS LLC | Added | $7.7m244.5k shares |
| JANE STREET GROUP, LLC | Added | $3.8m119.3k shares |
| GROUP ONE TRADING LLC | Reduced | $2.6m81.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.6m81.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.4m76.0k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $2.4m75.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $12.6m399.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.1m67.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.8m58.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.6m51.8k shares |
| Fulcrum Asset Management LLP | New | $1.6m0 shares |
| Caption Management, LLC | Reduced | $1.4m45.0k shares |
| JPMORGAN CHASE & CO | Reduced | $1.2m39.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.1m35.2k shares |
| IMC-Chicago, LLC | Reduced | $1.1m33.9k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $799.6k25.4k 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 2025
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 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 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-01-06 | NANJI FARHAD +5 10% owner | Sold | $33.4m1.1m 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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 19.0m $597.4m | Reduced -241.0k |
| VANGUARD GROUP INC 0.01% of their portfolio | 16.0m $502.2m | Added +665.3k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 9.4m $295.5m | Reduced -414.6k |
| NEUBERGER BERMAN GROUP LLC 0.23% of their portfolio | 8.7m $273.6m | Reduced -273.0k |
| MFN Partners Management, LP 6.18% of their portfolio | 8.3m $262.9m | Reduced -6.7m |
| STATE STREET CORP 0.01% of their portfolio | 7.4m $232.9m | Added +365.6k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 8.03% of their portfolio | 4.8m $150.7m | Added +299.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.8m $120.0m | Added +2.1m |
| D. E. Shaw & Co., Inc. 0.14% of their portfolio | 3.7m $116.8m | Reduced -249.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.7m $116.1m | Added +139.8k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 3.2m $101.0m | Reduced -129.5k |
| MORGAN STANLEY 0.01% of their portfolio | 2.7m $84.0m | Added +231.0k |
| Southeast Asset Advisors, LLC 9.30% of their portfolio | 2.4m $75.8m | Added +141.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.3m $73.5m | Reduced -85.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.3m $73.5m | Added +578.9k |
| Capital Research Global Investors 0.02% of their portfolio | 2.3m $71.6m | Added +825.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $62.7m | Reduced -10.2k |
| TWO SIGMA INVESTMENTS, LP 0.12% of their portfolio | 1.8m $55.8m | Added +195.5k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 1.5m $48.5m | Added +135.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.5m $48.1m | Reduced -325.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.5m $47.5m | Reduced -604.9k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 1.4m $44.1m | Added +245.0k |
| TWO SIGMA ADVISERS, LP 0.09% of their portfolio | 1.3m $40.8m | Added +216.2k |
| LSV ASSET MANAGEMENT 0.10% of their portfolio | 1.3m $40.2m | Reduced -62.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 1.2m $37.8m | Added +1.0m |
| Nuveen, LLC 0.01% of their portfolio | 1.1m $35.6m | First filing |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.1m $35.5m | Added +10.0k |
| UBS Group AG 0.01% of their portfolio | 1.1m $33.1m | Reduced -312.2k |
| Invesco Ltd. 0.01% of their portfolio | 930.7k $29.3m | Reduced -1.2m |
| TUDOR INVESTMENT CORP ET AL 0.26% of their portfolio | 929.0k $29.2m | Added +696.7k |
| Squarepoint Ops LLC 0.07% of their portfolio | 927.0k $29.2m | Added +444.0k |
| ASSETMARK, INC 0.08% of their portfolio | 889.4k $28.0m | Added +4.0k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 888.2k $28.0m | Added +857.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 766.5k $24.1m | Added +670.1k |
| Brandywine Global Investment Management, LLC 0.15% of their portfolio | 670.0k $21.1m | Reduced -30.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 650.0k $20.5m | Reduced -5.2k |
| BARCLAYS PLC 0.01% of their portfolio | 644.7k $20.3m | Reduced -48.4k |
| Aureus Asset Management, LLC 1.38% of their portfolio | 624.9k $19.7m | Reduced -4.8k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 616.3k $19.4m | Reduced -152.9k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 611.4k $19.2m | Reduced -34.2k |
| Man Group plc 0.05% of their portfolio | 515.3k $16.2m | Added +343.6k |
| Corigliano Investment Advisers, LLC 7.20% of their portfolio | 513.1k $16.2m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 477.4k $15.0m | Reduced -17.2k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 474.7k $14.9m | Added +419.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 472.3k $14.9m | Added +7.4k |
| Trexquant Investment LP 0.16% of their portfolio | 447.2k $14.1m | New |
| Wallace Capital Management Inc. 1.72% of their portfolio | 426.7k $13.4m | Reduced -4.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 409.2k $12.9m | Reduced -213.3k |
| GREAT LAKES ADVISORS, LLC 0.11% of their portfolio | 405.4k $12.8m | Reduced -15.9k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 394.1k $12.4m | Reduced -9.9k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 393.5k $12.4m | Added +323.6k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 1.61% of their portfolio | 387.7k $12.2m | Added +7.5k |
| CITIGROUP INC 0.01% of their portfolio | 362.8k $11.4m | Reduced -153.1k |
| CAPITAL MANAGEMENT CORP /VA 1.95% of their portfolio | 358.3k $11.3m | Reduced -1.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 357.3k $11.2m | Reduced -31.8k |
| Jump Financial, LLC 0.17% of their portfolio | 354.0k $11.1m | Added +336.7k |
| Quantbot Technologies LP 0.34% of their portfolio | 336.6k $10.6m | Added +262.8k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 321.3k $10.1m | Added +87.0k |
| OSSIAM 0.14% of their portfolio | 310.0k $9.8m | New |
| Aventail Capital Group, LP 0.47% of their portfolio | 301.2k $9.5m | Added +1.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 300.4k $9.5m | Reduced -4.1k |
| Swiss National Bank 0.01% of their portfolio | 289.2k $9.1m | Reduced -8.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 288.7k $9.1m | Added +193.0k |
| CONGRESS ASSET MANAGEMENT CO 0.06% of their portfolio | 257.4k $8.1m | Reduced -9.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 241.4k $7.6m | Reduced -11.4k |
| Legal & General Group Plc 0.00% of their portfolio | 238.3k $7.5m | Added +2.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.08% of their portfolio | 236.6k $7.4m | Added +42.3k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 234.9k $7.4m | Reduced -5.5k |
| Quantedge Capital Pte Ltd 2.28% of their portfolio | 228.8k $7.2m | Added +158.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 212.7k $6.7m | Reduced -203.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 210.7k $6.6m | Reduced -2.4k |
| GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio | 200.1k $6.3m | Unchanged |
| QRG CAPITAL MANAGEMENT, INC. 0.06% of their portfolio | 193.6k $6.1m | Reduced -7.1k |
| Rafferty Asset Management, LLC 0.02% of their portfolio | 183.6k $5.8m | Added +12.0k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 182.9k $5.8m | New |
| DAVENPORT & Co LLC 0.03% of their portfolio | 182.6k $5.8m | Reduced -229.9k |
| Retirement Systems of Alabama 0.02% of their portfolio | 181.2k $5.7m | Reduced -342 |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 177.7k $5.6m | Added +8.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 168.8k $5.3m | Reduced -2.4k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 168.2k $5.3m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 166.3k $5.2m | Reduced -62.9k |
| MetLife Investment Management, LLC 0.03% of their portfolio | 166.0k $5.2m | Reduced -3.0k |
| Engineers Gate Manager LP 0.09% of their portfolio | 165.2k $5.2m | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 158.2k $5.0m | New |
| Verition Fund Management LLC 0.03% of their portfolio | 158.1k $5.0m | Added +75.5k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 157.8k $5.0m | Reduced -8.6k |
| ALGERT GLOBAL LLC 0.12% of their portfolio | 156.7k $4.9m | New |
| LEVIN CAPITAL STRATEGIES, L.P. 0.52% of their portfolio | 156.0k $4.9m | Unchanged |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 154.6k $4.9m | Added +140.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 143.2k $4.5m | Added +1.6k |
| Glenorchy Capital Ltd 1.67% of their portfolio | 142.8k $4.5m | Added +71.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 142.7k $4.5m | Added +61.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 139.5k $4.4m | Reduced -1.5k |
| Campbell & CO Investment Adviser LLC 0.33% of their portfolio | 136.0k $4.3m | Added +55.2k |
| Carnegie Lake Advisors LLC 1.72% of their portfolio | 134.7k $4.2m | Reduced -1.6k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.07% of their portfolio | 122.6k $3.9m | Reduced -18.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 119.1k $3.7m | Added +75.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 109.4k $3.4m | Added +3.1k |
| Paralel Advisors LLC 0.14% of their portfolio | 105.8k $3.3m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 105.3k $3.3m | First filing |