Comstock Resources
75 hedge funds and large institutions have $63M invested in Comstock Resources in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 34 reducing their positions, and 51 closing their positions.
3.67% less ownership
Funds ownership: 17.51% → 13.83% (-3.7%)
34% less funds holding
Funds holding: 114 → 75 (-39)
44% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 34
55% less capital invested
Capital invested by funds: $139M → $63M (-$76M)
72% less call options, than puts
Call options by funds: $834K | Put options by funds: $3.03M
76% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$3.59M |
| 2 |
D.E. Shaw & Co
New York
|
+$858K |
| 3 |
OA
Outfitter Advisors
Mclean,
Virginia
|
+$553K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$446K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$394K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.37M |
| 2 |
ClearBridge Investments
New York
|
-$2.98M |
| 3 |
RA
Royce & Associates
New York
|
-$2.24M |
| 4 |
VBCP
Vollero Beach Capital Partners
New York
|
-$1.88M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$1.71M |
CRK Hedge Fund Activity: Q3 2015 in Review
75 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q3 2015, worth a combined $63M — down 55% from $139M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CRK and 12 opened new positions — a net loss of 39 holders — while 34 trimmed existing stakes and 19 added.
The largest buyer was Hodges Capital Management, adding an estimated $3.59M. The largest seller was BlackRock Fund Advisors, cutting an estimated $3.37M.
- 75 institutional investors held Comstock Resources (CRK) as of Q3 2015, down from 114 in Q2 2015.
- Funds reported $63M of Comstock Resources stock for Q3 2015, down 55% quarter-over-quarter.
- 12 funds opened new Comstock Resources positions in Q3 2015 and 51 closed out, a net change of -39 holders.
- The largest Comstock Resources buyer in Q3 2015 was Hodges Capital Management, an estimated $3.59M added.
- The largest Comstock Resources seller in Q3 2015 was BlackRock Fund Advisors, an estimated $3.37M sold.
Based on aggregated 13F filings for Q3 2015.