Comstock Resources
242 hedge funds and large institutions have $906M invested in Comstock Resources in 2023 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 82 increasing their positions, 80 reducing their positions, and 37 closing their positions.
24% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 37
3.3% more ownership
Funds ownership: 33.43% → 36.73% (+3.3%)
3% more funds holding
Funds holding: 236 → 242 (+6)
3% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 80
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less call options, than puts
Call options by funds: $18.8M | Put options by funds: $20.7M
12% less capital invested
Capital invested by funds: $1.03B → $906M (-$128M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$30M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$19.8M |
| 3 |
Morgan Stanley
New York
|
+$14.9M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$10.4M |
| 5 |
Bank of New York Mellon
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$7.06M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$7.02M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$6.69M |
| 4 |
SC
Sagefield Capital
Dallas,
Texas
|
-$5M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$4.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -215 | Closed |
|
277
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$2.25K | -204 | Closed |
|
|
GWS
278
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.86K | -169 | Closed |
|
|
AWM
279
Abound Wealth Management
Franklin,
Tennessee
| – | -$265 | -24 | Closed |
|
CRK Hedge Fund Activity: Q4 2023 in Review
242 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q4 2023, worth a combined $906M — down 12% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CRK positions and 37 closed out — a net gain of 9 holders — while 82 added to existing stakes and 80 trimmed.
The largest buyer was State Street, adding an estimated $30M. The largest seller was D.E. Shaw & Co, cutting an estimated $7.06M.
- 242 institutional investors held Comstock Resources (CRK) as of Q4 2023, up from 236 in Q3 2023.
- Funds reported $906M of Comstock Resources stock for Q4 2023, down 12% quarter-over-quarter.
- 46 funds opened new Comstock Resources positions in Q4 2023 and 37 closed out, a net change of +9 holders.
- The largest Comstock Resources buyer in Q4 2023 was State Street, an estimated $30M added.
- The largest Comstock Resources seller in Q4 2023 was D.E. Shaw & Co, an estimated $7.06M sold.
Based on aggregated 13F filings for Q4 2023.