CNX ranks #1575 out of 37503 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
CNX is a top-conviction position for Southeast Asset Advisors, LLC — at 8.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in CNX belongs to BlackRock, Inc., but the position matters far more to Southeast Asset Advisors, LLC, who has 8.3% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
California State Teachers Retirement System has added to its CNX position for two straight quarters, increasing it by $152.0M to reach $156.9M today.
UBS Group AG has trimmed its CNX position for two straight quarters, cutting it by $238.3M while still holding $37.3M.
CNX is up 0.1% today, and institutions have been net buyers of $169.1M this quarter — today's price move and the underlying institutional flow are pointing the same direction.