Comstock Resources
136 hedge funds and large institutions have $179M invested in Comstock Resources in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 56 increasing their positions, 40 reducing their positions, and 34 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 40
5.13% less ownership
Funds ownership: 26.17% → 21.05% (-5.1%)
14% less funds holding
Funds holding: 159 → 136 (-23)
34% less call options, than puts
Call options by funds: $663K | Put options by funds: $998K
58% less capital invested
Capital invested by funds: $425M → $179M (-$246M)
62% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBCP
Vollero Beach Capital Partners
New York
|
+$7.63M |
| 2 |
Morgan Stanley
New York
|
+$6.74M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.81M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$3.92M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$27.9M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$25M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$12.2M |
| 4 |
State Street
Boston,
Massachusetts
|
-$10.7M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$10.2M |
CRK Hedge Fund Activity: Q1 2015 in Review
136 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q1 2015, worth a combined $179M — down 58% from $425M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CRK and 13 opened new positions — a net loss of 21 holders — while 40 trimmed existing stakes and 56 added.
The largest buyer was Vollero Beach Capital Partners, adding an estimated $7.63M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $27.9M sold.
- 136 institutional investors held Comstock Resources (CRK) as of Q1 2015, down from 159 in Q4 2014.
- Funds reported $179M of Comstock Resources stock for Q1 2015, down 58% quarter-over-quarter.
- 13 funds opened new Comstock Resources positions in Q1 2015 and 34 closed out, a net change of -21 holders.
- The largest Comstock Resources buyer in Q1 2015 was Vollero Beach Capital Partners, an estimated $7.63M added.
- The largest Comstock Resources seller in Q1 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $27.9M sold.
Based on aggregated 13F filings for Q1 2015.