Who owns CNX (CNX)
Which tracked institutional funds hold CNX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CNX company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
116 tracked funds added or opened CNX while 68 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CNX’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes CNX more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CNX divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 419 tracked filers holding CNX, 241 increased or opened the position and 169 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CNX between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 26
- VANGUARD PORTFOLIO MANAGEMENT LLC$279M
- VANGUARD CAPITAL MANAGEMENT LLC$236M
- Capital World Investors$152M
- VANGUARD FIDUCIARY TRUST CO$35M
- JUPITER ASSET MANAGEMENT LTD$33M
- RENAISSANCE TECHNOLOGIES LLC$18M
Full exits 24
- VANGUARD GROUP INC$489M
- MFN Partners Management, LP$307M
- TWO SIGMA ADVISERS, LP$31M
- Alyeska Investment Group, L.P.$17M
- Brandywine Global Investment Management, LLC$11M
- HRT FINANCIAL LP$8M
Largest adds
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$146M
- STATE STREET CORP$52M
- Aventail Capital Group, LP$42M
- AMERICAN CENTURY COMPANIES INC$41M
- UBS Group AG$36M
- GEODE CAPITAL MANAGEMENT, LLC$31M
Largest trims
- Capital Research Global Investors$144M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$42M
- Pacer Advisors, Inc.$22M
- D. E. Shaw & Co., Inc.$21M
- SOUTHEASTERN ASSET MANAGEMENT INC/TN/$19M
- Jefferies Financial Group Inc.$16M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 15,727,159 | $606M | 10.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 8,774,069 | $338M | 5.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 7,233,604 | $279M | 4.8% | 2026-Q1 |
| STATE STREET CORP added | 7,115,667 | $274M | 4.7% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 6,909,377 | $266M | 4.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 6,134,692 | $236M | 4.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 5,545,446 | $214M | 3.7% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 4,515,973 | $174M | 3.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,220,052 | $163M | 2.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 4,046,677 | $156M | 2.7% | 2026-Q1 |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ trimmed | 4,014,111 | $155M | 2.7% | 2026-Q1 |
| Capital World Investors trimmed | 3,950,000 | $152M | 2.6% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 3,838,852 | $148M | 2.5% | 2026-Q1 |
| Southeast Asset Advisors, LLC trimmed | 2,412,166 | $93M | 1.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 2,381,252 | $92M | 1.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 2,087,368 | $80M | 1.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,822,248 | $73M | 1.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,708,410 | $66M | 1.1% | 2026-Q1 |
| UBS Group AG added | 1,679,369 | $65M | 1.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,445,145 | $56M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,320,369 | $51M | 0.9% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 1,177,455 | $45M | 0.8% | 2026-Q1 |
| Aventail Capital Group, LP added | 1,131,193 | $44M | 0.8% | 2026-Q1 |
| Invesco Ltd. added | 1,081,675 | $42M | 0.7% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 965,371 | $37M | 0.6% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 938,555 | $36M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 914,885 | $35M | 0.6% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD added | 864,908 | $33M | 0.6% | 2026-Q1 |
| Capital Research Global Investors trimmed | 815,039 | $31M | 0.5% | 2026-Q1 |
| Nuveen, LLC trimmed | 794,194 | $31M | 0.5% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 766,442 | $30M | 0.5% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 723,049 | $28M | 0.5% | 2026-Q1 |
| Aureus Asset Management, LLC added | 716,053 | $28M | 0.5% | 2026-Q1 |
| OSSIAM | 672,400 | $26M | 0.4% | 2026-Q1 |
| Public Sector Pension Investment Board added | 664,864 | $26M | 0.4% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 636,011 | $25M | 0.4% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 594,628 | $23M | 0.4% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 579,120 | $22M | 0.4% | 2026-Q1 |
| CITIGROUP INC added | 548,021 | $21M | 0.4% | 2026-Q1 |
| FEDERATED HERMES, INC. added | 541,811 | $21M | 0.4% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 520,627 | $20M | 0.3% | 2026-Q1 |
| Man Group plc trimmed | 498,720 | $19M | 0.3% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 493,564 | $19M | 0.3% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 452,834 | $18M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 466,411 | $18M | 0.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 463,116 | $18M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 431,151 | $17M | 0.3% | 2026-Q1 |
| SEGALL BRYANT & HAMILL, LLC new | 405,436 | $17M | 0.3% | 2026-Q1 |
| Wallace Capital Management Inc. added | 423,572 | $16M | 0.3% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 420,244 | $16M | 0.3% | 2026-Q1 |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC trimmed | 408,462 | $16M | 0.3% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 372,490 | $14M | 0.2% | 2026-Q1 |
| BARCLAYS PLC added | 368,372 | $14M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 354,168 | $14M | 0.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 349,200 | $13M | 0.2% | 2026-Q1 |
| Orbis Allan Gray Ltd new | 343,305 | $13M | 0.2% | 2026-Q1 |
| CAPITAL MANAGEMENT CORP /VA trimmed | 329,413 | $13M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 324,147 | $12M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 312,842 | $12M | 0.2% | 2026-Q1 |
| CONGRESS ASSET MANAGEMENT CO added | 311,951 | $12M | 0.2% | 2026-Q1 |
| GLENMEDE TRUST CO NA trimmed | 303,549 | $12M | 0.2% | 2026-Q1 |
| Squarepoint Ops LLC added | 278,598 | $11M | 0.2% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 270,650 | $10M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 270,061 | $10M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 266,758 | $10M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 269,387 | $10M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 247,897 | $10M | 0.2% | 2026-Q1 |
| Dorsey Wright & Associates added | 246,573 | $10M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 231,259 | $9M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 219,196 | $8M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 217,176 | $8M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 216,347 | $8M | 0.1% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC trimmed | 208,938 | $8M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 207,071 | $8M | 0.1% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL | 200,085 | $8M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 184,701 | $7M | 0.1% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 180,376 | $7M | 0.1% | 2026-Q1 |
| WINTON GROUP Ltd added | 179,707 | $7M | 0.1% | 2026-Q1 |
| INTECH INVESTMENT MANAGEMENT LLC added | 175,508 | $7M | 0.1% | 2026-Q1 |
| Retirement Systems of Alabama added | 174,536 | $7M | 0.1% | 2026-Q1 |
| Rafferty Asset Management, LLC added | 173,157 | $7M | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC added | 167,878 | $6M | 0.1% | 2026-Q1 |
| LSV ASSET MANAGEMENT trimmed | 166,500 | $6M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 165,837 | $6M | 0.1% | 2026-Q1 |
| Clark Capital Management Group, Inc. added | 164,420 | $6M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 163,936 | $6M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 157,526 | $6M | 0.1% | 2026-Q1 |
| CAXTON ASSOCIATES LLP added | 155,831 | $6M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 13,303,073 | $489M | 8.4% | 2025-Q4 stale |
| MFN Partners Management, LP | 8,350,000 | $307M | 5.3% | 2025-Q4 stale |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 1,400,000 | $45M | 0.8% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 848,000 | $31M | 0.5% | 2025-Q4 stale |
| Alyeska Investment Group, L.P. new | 456,665 | $17M | 0.3% | 2025-Q4 stale |
| Glenmede Investment Management, LP trimmed | 360,526 | $12M | 0.2% | 2025-Q3 stale |
| Brandywine Global Investment Management, LLC trimmed | 286,656 | $11M | 0.2% | 2025-Q4 stale |
| HRT FINANCIAL LP added | 213,303 | $8M | 0.1% | 2025-Q4 stale |
| Corebridge Financial, Inc. trimmed | 234,895 | $7M | 0.1% | 2025-Q1 stale |
| Quantedge Capital Pte Ltd added | 228,800 | $7M | 0.1% | 2025-Q1 stale |
| ExodusPoint Capital Management, LP trimmed | 188,344 | $7M | 0.1% | 2025-Q4 stale |
| ARISTEIA CAPITAL, L.L.C. trimmed | 166,119 | $6M | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.