Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CORE NATURAL RESOURCES INC (CNR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +14
Streak
2Q ▲
Buyers last Q
50%

Smart Money Signals — CNR

Based on 328 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added CNR 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
328 hedge funds hold CNR 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.
🚀

Fast accumulation — +1626% more funds vs a year ago

fund count last 6Q
+309 new funds entered over the past year (+1626% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 50% buying

176 buying178 selling
Last quarter: 176 funds bought or added vs 178 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.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new CNR position: 288 → 43 → 64 → 71. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 38% entered in last year

■ 3% conviction (2yr+) ■ 59% medium ■ 38% new
Only 10 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📊

Peak discovery — momentum slowing

19 → 288 → 43 → 64 → 71 new funds/Q
New funds entering each quarter: 288 → 43 → 64 → 71. CNR is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 97% of holders entered in last year

■ 3% veterans ■ 0% 1-2yr ■ 97% new
Of 339 current holders: 330 (97%) entered in the past year, only 9 (3%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
38 of 328 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in CNR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.1
out of 10
Moderate Exit Risk
Exit risk score 5.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — CNR

In 2025 Q4, 176 hedge funds were net buyers of CNR (71 opened a new position, 105 added to an existing one), while 178 reduced or exited (121 trimmed, 57 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 51% of total institutional value in CNR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +14 funds (more new holders than closures). Total institutional holders: 328.

Hedge Fund Ownership: CNR

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

Market Analysis: CNR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNR

Energy Thermal Coal

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

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

51 top-rated funds 6 high-conviction
Consensus
7.5
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: CNR
2026 Q1 Stats Unlock in 7 days 339 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 339 332 2.11%
13F Shares 50M 50M -0.96%
Total Value $4.41B $4.20B 5.05%
New Positions 74 65 +9
Increased Positions 117 132 -15
Closed Positions 59 45 +14
Reduced Positions 137 133 +4
Total Calls 9 18 -50.0%
Total Puts 6 9 -33.33%
PUT/CALL Ratio 0.67 0.5 Bullish

Statistics: CNR

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Institutional Holders (2026 Q1)

339 + investors

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

Top 25 institutional holders of CNR — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 MAGNOLIA GROUP, LLC 11.74% 602,500 $63.1M
2 Goehring & Rozencwajg Associates, LLC 3.99% 708,225 $74.2M
3 Old West Investment Management, LLC 3.33% 293,163 $30.7M
4 Tejara Capital Ltd 3.00% 86,809 $9.1M
5 Skylands Capital, LLC 2.93% 213,577 $22.4M
6 HOURGLASS CAPITAL, LLC 2.71% 124,376 $13.0M
7 Ballast Asset Management, LP 2.37% 50,920 $5.3M
8 Hartree Partners, LP 2.35% 104,829 $11.0M
9 Villanova Investment Management Co LLC 2.23% 20,818 $2.2M
10 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 1.82% 146,552 $15K
11 Oxbow Advisors, LLC 0.52% 58,778 $6.2M
12 WINTON GROUP Ltd 0.46% 125,761 $13.2M
13 CWA Asset Management Group, LLC 0.37% 104,617 $11.0M
14 Exit Wealth Advisors, LLC. 0.33% 6,158 $645K
15 Linden Thomas Advisory Services, LLC 0.32% 32,191 $3.4M
16 Financial Strategies Group, Inc. 0.27% 18,237 $1.6M
17 Hosking Partners LLP 0.26% 68,757 $7.2M
18 Legacy Capital Group California, Inc. 0.23% 5,728 $600K
19 CHESAPEAKE CAPITAL CORP /IL/ 0.22% 2,873 $301K
20 NWAM LLC 0.20% 33,469 $3.5M
21 BW Gestao de Investimentos Ltda. 0.20% 57,071 $6.0M
22 Hodges Capital Management Inc. 0.20% 22,800 $2.4M
23 O'Brien Greene & Co. Inc 0.19% 6,296 $659K
24 Z3 Capital Partners, LLC 0.18% 8,540 $756K
25 THOMPSON SIEGEL & WALMSLEY LLC 0.13% 68,887 $7K
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 — CORE NATURAL RESOURCES INC (CNR)

What does the Smart Money Trend signal show for CNR?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added CNR 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 CNR?

Slight buying edge — 50% buying: Last quarter: 176 funds bought or added vs 178 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 CNR holders?

Elite ownership — 51% AUM from top-100 funds: 38 of 328 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in CNR. 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 CNR?

Mostly new holders — 38% entered in last year: Only 10 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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.