Comstock Resources
180 hedge funds and large institutions have $1.49B invested in Comstock Resources in 2014 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 52 increasing their positions, 82 reducing their positions, and 22 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
50% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 22
23% more capital invested
Capital invested by funds: $1.21B → $1.49B (+$274M)
6% more funds holding
Funds holding: 170 → 180 (+10)
5% more call options, than puts
Call options by funds: $14.4M | Put options by funds: $13.7M
0.63% less ownership
Funds ownership: 22.22% → 21.58% (-0.63%)
37% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$34.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$15.4M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$14.8M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
+$7.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$21.4M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$19.6M |
| 3 |
Bank of New York Mellon
New York
|
-$12.7M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$10.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$10.6M |
CRK Hedge Fund Activity: Q2 2014 in Review
180 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q2 2014, worth a combined $1.49B — up 23% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CRK positions and 22 closed out — a net gain of 11 holders — while 52 added to existing stakes and 82 trimmed.
The largest buyer was Ranger Investment Management, opening a new position worth an estimated $34.7M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $21.4M.
- 180 institutional investors held Comstock Resources (CRK) as of Q2 2014, up from 170 in Q1 2014.
- Funds reported $1.49B of Comstock Resources stock for Q2 2014, up 23% quarter-over-quarter.
- 33 funds opened new Comstock Resources positions in Q2 2014 and 22 closed out, a net change of +11 holders.
- The largest Comstock Resources buyer in Q2 2014 was Ranger Investment Management, an estimated $34.7M added.
- The largest Comstock Resources seller in Q2 2014 was Hotchkis & Wiley Capital Management, an estimated $21.4M sold.
Based on aggregated 13F filings for Q2 2014.