Neuberger Berman reports 4.9% stake in CNX
Neuberger Berman Group LLC and Neuberger Berman Investment Advisers LLC report beneficial ownership changes in CNX RESOURCES CORP common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Neuberger Berman Group LLC and Neuberger Berman Investment Advisers LLC report beneficial ownership changes in CNX RESOURCES CORP common stock. The filing shows Neuberger Berman Group LLC may be deemed to beneficially own 7,046,747 shares (4.9%) with shared voting power of 6,231,037, and Neuberger Berman Investment Advisers LLC may be deemed to beneficially own 6,715,759 shares (4.7%). The report states these holdings arise from fiduciary capacities and includes a disclaimer that certain affiliated entities disclaim beneficial ownership.
Insights
Large asset manager reports sub‑5% stakes and shared voting/dispositive authority in CNX.
The filing lists 7,046,747 shares (4.9%) for Neuberger Berman Group LLC with shared voting power of 6,231,037 and shared dispositive power of 7,046,747. It also lists 6,715,759 shares (4.7%) for Neuberger Berman Investment Advisers LLC.
These positions are disclosed as held in various fiduciary capacities and include disclaimers of beneficial ownership by certain affiliated entities; governance influence depends on client mandates and internal information barriers, and timing or trading intent is not stated in the excerpt.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Neuberger Berman report in CNX (CNX)?
Are these holdings reported as direct ownership or fiduciary holdings?
Does this Schedule 13G/A indicate Neuberger Berman exceeds 5% ownership in CNX?
AI-generated analysis. How Rhea-AI works. Not financial advice.