Billionaire Mason Hawkins’ Top 15 Long-Term Stock Picks 

1. CNX Resources Corporation (NYSE:CNX)

Number of Hedge Fund Holders: 31

CNX Resources Corporation (NYSE:CNX) is an oil and gas company based in Pennsylvania. At the end of the third quarter of 2024, Southeastern Asset Management held 6.1 million shares of the company, valued at more than $201 million and making up 9.48% of its 13F holdings. Latest filings show that in five of the past six quarters, the hedge fund has slashed its stake in the company. During the third quarter, the holding was trimmed by more than 14%. However, the stock remains one of the top long term stock picks of billionaire Mason Hawkins as it has featured in the 13F portfolio of Southeastern Asset Management consistently since late 2017. Back then, the fund had purchased shares in the company at an average price of $15. The stock is presently trading at upwards of $35 per share.

While we acknowledge the potential of CNX Resources Corporation (NYSE:CNX) as an investment, our conviction lies in the belief that some stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for a stock that is more promising than CNX Resources Corporation (NYSE:CNX) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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