Comstock Resources
235 hedge funds and large institutions have $966M invested in Comstock Resources in 2023 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 91 increasing their positions, 64 reducing their positions, and 52 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 64
2% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 52
1% less funds holding
Funds holding: 238 → 235 (-3)
3.51% less ownership
Funds ownership: 35.91% → 32.4% (-3.5%)
11% less capital invested
Capital invested by funds: $1.08B → $966M (-$116M)
28% less call options, than puts
Call options by funds: $23.5M | Put options by funds: $32.5M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$89.8M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$43.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$19.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$9.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Aventail Capital Group
New York
|
-$26M |
| 2 |
D.E. Shaw & Co
New York
|
-$18.9M |
| 3 |
Millennium Management
New York
|
-$18.9M |
| 4 |
Two Sigma Advisers
New York
|
-$13.3M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$12.6M |
CRK Hedge Fund Activity: Q1 2023 in Review
235 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q1 2023, worth a combined $966M — down 11% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of CRK and 51 opened new positions — a net loss of 1 holder — while 64 trimmed existing stakes and 91 added.
The largest buyer was BlackRock, adding an estimated $89.8M. The largest seller was Aventail Capital Group, exiting entirely with an estimated $26M sold.
- 235 institutional investors held Comstock Resources (CRK) as of Q1 2023, down from 238 in Q4 2022.
- Funds reported $966M of Comstock Resources stock for Q1 2023, down 11% quarter-over-quarter.
- 51 funds opened new Comstock Resources positions in Q1 2023 and 52 closed out, a net change of -1 holder.
- The largest Comstock Resources buyer in Q1 2023 was BlackRock, an estimated $89.8M added.
- The largest Comstock Resources seller in Q1 2023 was Aventail Capital Group, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2023.