Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CNR held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.4M | $777.4M | +0.4% | 14.725% | 0.01% |
| 2 | FMR LLC | 4.0M | $423.7M | -41.1% | 8.026% | 0.02% |
| 3 | STATE STREET CORP | 4.0M | $416.5M | +7.3% | 7.890% | 0.01% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.0M | $309.8M | — | 5.868% | 0.02% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 2.2M | $229.2M | — | 4.342% | 0.01% |
| 6 | DME Capital Management, LP | 1.9M | $194.6M | -11.5% | 3.686% | 6.10% |
| 7 | DIMENSIONAL FUND ADVISORS LP | 1.4M | $143.8M | -1.0% | 2.724% | 0.03% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 1.3M | $133.7M | +6.0% | 2.532% | 0.01% |
| 9 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 795K | $83.3M | -5.1% | 1.577% | 0.01% |
| 10 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 775K | $81.1M | +3.1% | 1.537% | 0.01% |
| 11 | Merewether Investment Management, LP | 727K | $76.1M | +114.1% | 1.442% | 1.47% |
| 12 | Goehring & Rozencwajg Associates, LLC | 708K | $74.2M | +133.9% | 1.405% | 3.99% |
| 13 | MAGNOLIA GROUP, LLC | 603K | $63.1M | -10.0% | 1.195% | 11.74% |
| 14 | SCOPUS ASSET MANAGEMENT, L.P. | 564K | $59.1M | +213.3% | 1.119% | 1.26% |
| 15 | AMERICAN CENTURY COMPANIES INC | 519K | $54.4M | -50.4% | 1.030% | 0.03% |
| 16 | VICTORY CAPITAL MANAGEMENT INC | 509K | $53.3M | -9.3% | 1.009% | 0.03% |
| 17 | Encompass Capital Advisors LLC | 500K | $52.4M | +122.2% | 0.992% | 2.13% |
| 18 | NORTHERN TRUST CORP | 496K | $51.9M | +0.3% | 0.983% | 0.01% |
| 19 | UBS Group AG | 475K | $49.8M | +117.9% | 0.943% | 0.01% |
| 20 | FIL Ltd | 473K | $49.5M | — | 0.938% | 0.04% |
| 21 | JB CAPITAL PARTNERS LP | 467K | $48.9M | 0.0% | 0.926% | 8.42% |
| 22 | MILLENNIUM MANAGEMENT LLC | 449K | $47.0M | -23.5% | 0.890% | 0.03% |
| 23 | BALYASNY ASSET MANAGEMENT LLC | 411K | $43.0M | -9.8% | 0.815% | 0.15% |
| 24 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 400K | $41.9M | -59.0% | 0.793% | 0.06% |
| 25 | MORGAN STANLEY | 362K | $38.0M | -8.6% | 0.719% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in CNR — a direct measure of their conviction.
Filings activity in CNR during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 367 | +11% | 104.86% | +11.97 pp | $4.87B | +13% |
| Q4 2025 | 332 | +5.4% | 92.89% | +10.45 pp | $4.32B | +13% |
| Q3 2025 | 315 | +6.4% | 82.44% | +11.21 pp | $3.83B | +16% |
| Q2 2025 | 296 | 2.3% | 71.23% | 6.51 pp | $3.31B | 8.4% |
| Q1 2025 | 303 | +1495% | 77.74% | +33.61 pp | $3.61B | +76% |
| Q4 2024 | 19 | 89% | 44.13% | 155.86 pp | $2.05B | 94% |
| Q2 2021 | 167 | +12% | 199.99% | +0.00 pp | $34.77B | 24% |
| Q1 2021 | 149 | — | 199.99% | — | $45.86B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CNR stock.
Based on Q1 2026 13F filings, institutional ownership of Core Natural Resources, Inc. stands at 104.9%, held across 367 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of CNR, with approximately 7,422,561 shares worth $0.78B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of CNR, including SUSQUEHANNA INTERNATIONAL GROUP, LLP, MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for CNR is 73 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
84 institutions opened new positions in CNR during Q1 2026, while 49 fully exited. 224 added to existing positions and 55 trimmed.
CNR institutional ownership rose by 11.97 percentage points quarter-over-quarter, with a net change of +35 holders.
The top 10 institutions account for 57.3% of all reported 13F value in CNR, and the top 25 account for 73.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Core Natural Resources, Inc. (CNR) Institutional Ownership