Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cnx Res Corp (CNX)

417 + Investors. Track Smart Money conviction in CNX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
2Q ▲
Buyers last Q
59%

Smart Money Signals — CNX

Based on 419 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added CNX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
419 hedge funds hold CNX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+47 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

245 buying171 selling
Last quarter: 245 funds bought or added vs 171 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-20 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 47 → 39 → 90 → 70. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 22% medium ■ 17% new
257 out of 419 hedge funds have held CNX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

62 → 47 → 39 → 90 → 70 new funds/Q
New funds entering each quarter: 47 → 39 → 90 → 70. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 69% veterans vs 20% newcomers

■ 69% veterans ■ 11% 1-2yr ■ 20% new
Entry-cohort mix of 431 holders: 298 (69%) are 2+ year veterans, 48 entered 1–2 years ago, and 85 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
55 of 416 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in CNX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CNX

In 2026 Q1, 245 hedge funds were net buyers of CNX (70 opened a new position, 175 added to an existing one), while 171 reduced or exited (109 trimmed, 62 sold completely) — a 59% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 53% of total institutional value in CNX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 419.

Hedge Fund Ownership: CNX

How many hedge funds hold CNX — quarterly history vs. share price
Quarterly hedge fund ownership of CNX vs. share price

Market Analysis: CNX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Cnx Res Corp (CNX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CNX has moved relative to its sector benchmark (XLE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
CNX
-14.0%
XLE
-6.1%

CNX outperformed XLE by -7.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
CNX
-8.1%
XLE
-3.2%

Since the filing became public, CNX outperformed XLE by -4.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

30 top-rated funds 2 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: CNX
417 + Investors

Track Smart Money conviction in CNX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 417 411 1.46%
13F Shares 138M 140M -1.42%
Total Value $5.25B $5.19B 1.03%
New Positions 69 90 -21
Increased Positions 168 107 +61
Closed Positions 63 40 +23
Reduced Positions 105 156 -51
Total Calls 8 12 -33.33%
Total Puts 7 8 -12.5%
PUT/CALL Ratio 0.88 0.67 Neutral

Statistics: CNX

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

417 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CNX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CNX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 O'Neil Global Advisors, Inc. 11.10% 41,555 $1.6M
2 Southeast Asset Advisors, LLC 10.19% 2,412,166 $93.0M
3 Southeastern Asset Management Inc/Tn/ 7.61% 4,014,111 $154.7M
4 Capital Management Corp /Va 2.17% 329,413 $12.7M
5 Aventail Capital Group, LP 2.09% 1,131,193 $43.6M
6 Wallace Capital Management Inc. 1.88% 423,572 $16.3M
7 Aureus Asset Management, LLC 1.84% 716,053 $27.6M
8 Carnegie Lake Advisors LLC 1.81% 118,375 $4.6M
9 Pullen Investment Management, LLC 1.33% 68,928 $2.7M
10 Petra Financial Advisors Inc 1.32% 55,393 $2.1M
11 Dorsey Wright & Associates 1.18% 246,573 $9.5M
12 DC Investments Management, LLC 0.78% 53,009 $2.0M
13 Riverwater Partners LLC 0.71% 54,942 $2.1M
14 Murphy Pohlad Asset Management LLC 0.67% 48,675 $1.9M
15 SeaBridge Investment Advisors LLC 0.66% 101,103 $3.9M
16 Transamerica Financial Advisors, LLC 0.51% 155,553 $6.0M
17 Ossiam 0.46% 672,400 $25.9M
18 Neo Ivy Capital Management 0.44% 43,449 $1.7M
19 BankChampaign, National Association 0.41% 10,727 $414K
20 Wakefield Asset Management LLLP 0.41% 40,005 $1.5M
21 VestGen Investment Management 0.40% 18,861 $727K
22 Corient IA LLC 0.32% 8,890 $343K
23 denkapparat Operations GmbH 0.31% 19,446 $750K
24 Segall Bryant & Hamill, LLC 0.27% 405,436 $16.5M
25 Significant Wealth Partners LLC 0.26% 5,530 $213K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cnx Res Corp (CNX)

What does the Smart Money Trend signal show for CNX?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added CNX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CNX?

Slight buying edge — 59% buying: Last quarter: 245 funds bought or added vs 171 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CNX holders?

Elite ownership — 53% AUM from top-100 funds: 55 of 416 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in CNX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CNX?

61% of holders stayed for 2+ years: 257 out of 419 hedge funds have held CNX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Cnx Res Corp (CNX) following the 2026 Q1 hedge fund 13F filings?

As of today, CNX has moved -8.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.2% for the XLE sector ETF — an outperformance of -4.9%. Since the quarter end (March 31, 2026), CNX has gained -14.0% vs -6.1% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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