Investment Manager Sells 67,000 Shares of Coal Stock, According to Recent SEC Filing
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By Jake Lerch – Apr 27, 2026 at 11:22AM ESTKey PointsSold 67,000 shares of Core Natural Resources; estimated trade size of $6.38 million based on quarterly average priceQuarter-end position value fell by $3.84 million, reflecting both trading and price movementTransaction represented 1.19% of fund’s 13F AUM for the quarterPost-trade stake: 602,500 shares valued at $63.10 millionCore Natural Resources represents 11.74% of Magnolia Group LLC’s AUM, which makes it the fund's third-largest holdingMagnolia Group, LLC cut its stake in Core Natural Resources (CNR +1.28%) by 67,000 shares in the first quarter, an estimated $6.38 million move based on the quarterly average price, according to an April 24, 2026, SEC filing.What happenedAccording to a Securities and Exchange Commission (SEC) filing dated April 24, 2026, Magnolia Group, LLC reduced its position in Core Natural Resources by 67,000 shares during the first quarter. The estimated transaction value was $6.38 million, calculated using the average quarterly closing price. The quarter-end value of the holding decreased by $3.84 million, reflecting both share sales and price shifts.What else to knowCore Natural Resources remained a significant holding post-sale, representing 11.74% of the fund’s 13F assets under management.Top five holdings after the filing:NYSE:NNI: $215.23 million (40.0% of AUM)NYSE:BOC: $65.28 million (12.1% of AUM)NYSE:CNR: $63.10 million (11.7% of AUM)NYSE:ABG: $56.28 million (10.5% of AUM)NASDAQ:ARLP: $39.02 million (7.3% of AUM)As of April 23, 2026, Core Natural Resources shares were priced at $87.38, up 19.1% over the past year but lagging the S&P 500 by 13.15 percentage points.Company OverviewMetricValueRevenue (TTM)$4.16 billionNet Income (TTM)($153.22 million)Dividend Yield0.46%Price (as of market close 2026-04-23)$87.38Company SnapshotProduces and sells bituminous coal through mining complexes and export terminal operations; main revenue sources include coal sales to power generators, industrial, and metallurgical end-users, as well as coal export terminal services.Operates an integrated business model combining coal extraction, processing, and logistics, with revenue generated from both domestic and international coal markets.Primary customers are power utilities, industrial users, and steel manufacturers in the United States and international markets.Core Natural Resources, Inc. is a leading U.S.-based coal producer with a diversified portfolio of mining and export terminal assets. The company leverages its Pennsylvania Mining Complex and CONSOL Marine Terminal to provide a reliable coal supply to both domestic and global customers. Its vertically integrated operations and established customer relationships support its competitive position within the energy and industrial sectors.What this transaction means for investorsMagnolia Group, LLC, a Nebraska-based investment advisor, recently disclosed the sale of $6.4 million worth of Core Natural Resources stock (CNR) during the first quarter (the three months ending on March 31, 2026). Here are some key takeaways for investors.First, it’s important to note that CNR is an energy stock. Specifically, CNR is a leading coal stock. As energy prices have increased, so has the demand for coal. In turn, CNR stock has steadily advanced. Shares are up 48% over the last three years, equating to a compound annual growth rate (CAGR) of 13.9%. Yet, while this run is quite impressive, there are other concerns for CNR. For one, the company’s profitability has slipped over the last few years. In 2023, CNR generated over $600 million in net income. However, over the last 12 months, that figured has slipped into the red. CNR’s trailing 12-month net income now stands at -$153 million.In summary, CNR stock has enjoyed an excellent run over the last three years, benefiting from rising energy demand. However, the company’s lack of profitability could be a concern for some investors.Read NextApr 27, 2026 •By Eric TrieRIA Advisory Group Initiates Position in First Eagle Overseas Equity ETF, According to Recent SEC FilingApr 27, 2026 •By Cory RenauerA Kailera Therapeutics (KLRA) Insider Scooped up an Additional 500,000 Shares for $8.0 MillionApr 27, 2026 •By Robert IzquierdoAehr Test Systems Founder Sold Shares Worth $1.8 Million.
Should Investors Avoid the Stock?Apr 27, 2026 •By Jake LerchInvestment Manager Sheds $45.7 Million Worth of Software Stock, According to Latest SEC FilingApr 27, 2026 •By Cory RenauerConestoga Capital Dumps 7.3 Million CCC Intelligent Solutions Shares Worth $47.8 MillionApr 27, 2026 •By Robert IzquierdoEmbree Financial Purchased Shares Worth $13.1 Million in iShares' CORO. Is This ETF a Buy?About the AuthorJake Lerch is a contributing Motley Fool technology analyst covering artificial intelligence, cloud computing, cybersecurity, e-commerce, and semiconductors. Prior to The Motley Fool, Jake worked for 12 years at Credit Suisse, an international investment bank. He holds a bachelor’s degree in business with a concentration in economics from the University of North Carolina at Wilmington.TMFRescueDogStocks MentionedCore Natural ResourcesNYSE: CNR$86.90(+1.28%)+$1.10*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.