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 ($121.8k this quarter). Holder counts are more reliable. Shares outstanding: 134.8m as of 2025-10-20, 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 ≈ $32.12. Options: 17 managers hold calls ($324.4m notional), 13 hold puts ($14.4m).
Trends to Q3 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 |
| Q2 2025 | 372 |
| Q3 2025 | 366 |
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 2023 | 118 | 173 |
| Q1 2024 | 135 | 178 |
| Q2 2024 | 150 | 159 |
| Q3 2024 | 133 | 179 |
| Q4 2024 | 156 | 177 |
| Q1 2025 | 174 | 185 |
| Q2 2025 | 144 | 199 |
| Q3 2025 | 126 | 207 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $393.1m | $158.6m | 0.40 |
| Q1 2025 | $320.9m | $28.4m | 0.09 |
| Q2 2025 | $335.8m | $16.4m | 0.05 |
| Q3 2025 | $324.4m | $14.4m | 0.04 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +2.1m |
| Capital Research Global Investors | Added | +1.1m |
| Balyasny Asset Management L.P. | Added | +947.9k |
| Pacer Advisors, Inc. | Added | +728.3k |
| CITADEL ADVISORS LLC | Added | +467.8k |
| AMERICAN CENTURY COMPANIES INC | Added | +454.1k |
| D. E. Shaw & Co., Inc. | Added | +434.7k |
| UBS Group AG | Added | +433.4k |
| JUPITER ASSET MANAGEMENT LTD | New | +403.5k |
| Man Group plc | Added | +372.1k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -997.9k |
| BlackRock, Inc. | Reduced | -976.5k |
| ASSETMARK, INC | Reduced | -756.9k |
| VANGUARD GROUP INC | Reduced | -640.2k |
| TWO SIGMA ADVISERS, LP | Reduced | -618.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -568.3k |
| Point72 Asset Management, L.P. | Reduced | -525.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -473.0k |
| MORGAN STANLEY | Reduced | -456.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -393.3k |
Biggest calls
| UBS Group AG | Unchanged | $215.8m6.7m shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $27.8m864.6k shares |
| JANE STREET GROUP, LLC | Added | $19.5m608.0k shares |
| PEAK6 LLC | Added | $13.1m407.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $11.2m3.5k shares |
| CITADEL ADVISORS LLC | Reduced | $9.4m294.2k shares |
| Walleye Trading LLC | Reduced | $6.6m206.3k shares |
| D. E. Shaw & Co., Inc. | New | $6.4m200.0k shares |
| SIMPLEX TRADING, LLC | Added | $2.8m88.5k shares |
| GROUP ONE TRADING LLC | Added | $2.7m85.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.6m111.3k shares |
| CITADEL ADVISORS LLC | Reduced | $3.0m94.3k shares |
| Parallax Volatility Advisers, L.P. | Added | $2.4m75.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.2m37.6k shares |
| GROUP ONE TRADING LLC | Added | $1.1m35.1k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $815.8k25.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $806.0k24.8k shares |
| IMC-Chicago, LLC | Added | $677.7k21.1k shares |
| JANE STREET GROUP, LLC | Reduced | $430.4k13.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $125.0k3.9k 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 1 | $312.0k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 17.3m $555.8m | Reduced -976.5k |
| VANGUARD GROUP INC 0.01% of their portfolio | 14.5m $464.3m | Reduced -640.2k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 8.6m $277.1m | Reduced -10.1k |
| MFN Partners Management, LP 5.42% of their portfolio | 8.3m $268.2m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.19% of their portfolio | 8.2m $264.1m | Reduced -241.0k |
| STATE STREET CORP 0.01% of their portfolio | 6.8m $217.8m | Reduced -206.2k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 7.79% of their portfolio | 4.8m $152.7m | Added +289.9k |
| D. E. Shaw & Co., Inc. 0.11% of their portfolio | 4.4m $142.4m | Added +434.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 4.2m $133.4m | Added +26.7k |
| Capital Research Global Investors 0.02% of their portfolio | 4.0m $126.9m | Added +1.1m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.9m $125.6m | Added +2.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.7m $119.7m | Added +95.2k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 3.2m $104.0m | Added +454.1k |
| Southeast Asset Advisors, LLC 8.46% of their portfolio | 2.4m $77.7m | Added +4.3k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 2.4m $76.8m | Added +467.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.1m $68.6m | Reduced -78.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $58.6m | Reduced -456.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.5m $49.7m | Reduced -184.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 1.4m $45.0m | Unchanged |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.4m $44.8m | Reduced -74.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.4m $44.6m | Reduced -393.3k |
| Nuveen, LLC 0.01% of their portfolio | 1.2m $37.2m | Reduced -37.6k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 1.1m $35.5m | Added +947.9k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 1.1m $35.4m | Added +95.3k |
| Man Group plc 0.06% of their portfolio | 1.0m $33.2m | Added +372.1k |
| UBS Group AG 0.01% of their portfolio | 970.4k $31.2m | Added +433.4k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 761.4k $24.5m | Reduced -324.2k |
| Pacer Advisors, Inc. 0.06% of their portfolio | 743.4k $23.9m | Added +728.3k |
| Aureus Asset Management, LLC 1.43% of their portfolio | 685.7k $22.0m | Reduced -10.1k |
| OSSIAM 0.28% of their portfolio | 672.4k $21.6m | Added +362.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 670.5k $21.5m | Reduced -473.0k |
| LSV ASSET MANAGEMENT 0.04% of their portfolio | 632.5k $20.3m | Reduced -40.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 618.4k $19.9m | Reduced -43.0k |
| TUDOR INVESTMENT CORP ET AL 0.13% of their portfolio | 614.5k $19.7m | Reduced -235.0k |
| Invesco Ltd. 0.00% of their portfolio | 538.6k $17.3m | Reduced -37.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 499.9k $16.1m | Added +128.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 449.6k $14.4m | Reduced -25.2k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 445.4k $14.3m | Added +2.6k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 442.9k $14.2m | Reduced -112.5k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 427.5k $13.7m | Reduced -618.9k |
| Wallace Capital Management Inc. 1.67% of their portfolio | 418.3k $13.4m | Added +3.8k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 1.52% of their portfolio | 410.6k $13.2m | Added +13.6k |
| JUPITER ASSET MANAGEMENT LTD 0.11% of their portfolio | 403.5k $13.0m | New |
| CAPITAL MANAGEMENT CORP /VA 1.99% of their portfolio | 393.7k $12.6m | Added +32.4k |
| Glenmede Investment Management, LP 0.06% of their portfolio | 360.5k $11.6m | Reduced -22.3k |
| BARCLAYS PLC 0.00% of their portfolio | 360.1k $11.6m | Reduced -10.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 358.7k $11.7m | Added +11.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 343.1k $11.0m | Added +58.9k |
| PHOENIX ASSET MANAGEMENT PARTNERS Ltd 9.16% of their portfolio | 331.6k $10.7m | Added +89.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 322.9k $10.4m | Reduced -568.3k |
| ARISTEIA CAPITAL, L.L.C. 0.32% of their portfolio | 319.6k $10.3m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 318.4k $10.2m | Reduced -13.4k |
| Quantbot Technologies LP 0.28% of their portfolio | 315.3k $10.1m | Reduced -97.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 311.4k $10.0m | Reduced -88.2k |
| Aventail Capital Group, LP 0.46% of their portfolio | 301.2k $9.7m | Unchanged |
| Brandywine Global Investment Management, LLC 0.06% of their portfolio | 292.9k $9.4m | Reduced -336.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 285.1k $9.2m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 281.8k $9.1m | Reduced -16.5k |
| Swiss National Bank 0.01% of their portfolio | 280.6k $9.0m | Reduced -800 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 272.5k $8.8m | Added +9.5k |
| CONGRESS ASSET MANAGEMENT CO 0.05% of their portfolio | 254.6k $8.2m | Reduced -783 |
| Jump Financial, LLC 0.10% of their portfolio | 250.0k $8.0m | Added +242.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.08% of their portfolio | 245.7k $7.9m | Added +92.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 241.8k $7.8m | Added +28.2k |
| Legal & General Group Plc 0.00% of their portfolio | 229.5k $7.4m | Reduced -11.1k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 213.9k $6.9m | Added +205.8k |
| GREAT LAKES ADVISORS, LLC 0.06% of their portfolio | 205.4k $6.6m | Reduced -170.7k |
| GAMCO INVESTORS, INC. ET AL 0.06% of their portfolio | 200.1k $6.4m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 196.6k $6.3m | Reduced -43.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 195.2k $6.3m | Reduced -67.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 191.2k $6.1m | Reduced -145.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 182.6k $5.9m | Reduced -133.7k |
| Verition Fund Management LLC 0.03% of their portfolio | 179.2k $5.8m | Added +122.8k |
| Retirement Systems of Alabama 0.02% of their portfolio | 171.0k $5.5m | Reduced -5.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 163.6k $5.3m | Reduced -1.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 161.2k $5.2m | Added +34.8k |
| Squarepoint Ops LLC 0.01% of their portfolio | 160.7k $5.2m | Reduced -151.5k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 159.7k $5.1m | Reduced -478 |
| DAVENPORT & Co LLC 0.03% of their portfolio | 158.3k $5.1m | Reduced -20.1k |
| Rafferty Asset Management, LLC 0.02% of their portfolio | 151.5k $4.9m | Reduced -22.0k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 151.4k $4.9m | Added +4.1k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 149.9k $4.8m | Reduced -11.5k |
| CITIGROUP INC 0.00% of their portfolio | 147.2k $4.7m | Reduced -78.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 146.5k $4.7m | Reduced -12.3k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.42% of their portfolio | 143.7k $4.6m | Unchanged |
| ASSETMARK, INC 0.01% of their portfolio | 142.7k $4.6m | Reduced -756.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 142.6k $4.6m | Added +8.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 139.3k $4.5m | Added +6 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 135.0k $4.3m | Reduced -997.9k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 126.5k $4.1m | Reduced -219.4k |
| Carnegie Lake Advisors LLC 1.55% of their portfolio | 125.1k $4.0m | Reduced -7.8k |
| Engineers Gate Manager LP 0.05% of their portfolio | 124.9k $4.0m | Reduced -41.5k |
| HRT FINANCIAL LP 0.02% of their portfolio | 120.9k $3.9m | Reduced -185.9k |
| ALGERT GLOBAL LLC 0.06% of their portfolio | 113.3k $3.6m | New |
| Neo Ivy Capital Management 0.88% of their portfolio | 112.6k $3.6m | New |
| Aquatic Capital Management LLC 0.07% of their portfolio | 112.4k $3.6m | First filing |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.06% of their portfolio | 112.4k $3.6m | Reduced -4.8k |
| Bridgewater Associates, LP 0.01% of their portfolio | 99.3k $3.2m | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 99.2k $3.2m | Added +50.4k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 95.2k $3.1m | Reduced -3.0k |