Comstock Resources
59 hedge funds and large institutions have $70.6M invested in Comstock Resources in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 18 closing their positions.
90% more call options, than puts
Call options by funds: $4.22M | Put options by funds: $2.23M
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
6.89% less ownership
Funds ownership: 57.23% → 50.34% (-6.9%)
7% less capital invested
Capital invested by funds: $76.1M → $70.6M (-$5.47M)
12% less funds holding
Funds holding: 67 → 59 (-8)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.64M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$2.83M |
| 3 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$2.19M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2M |
| 5 |
Goldman Sachs
New York
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
-$2.49M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$2.03M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$1.54M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.44M |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$1.29M |
CRK Hedge Fund Activity: Q1 2017 in Review
59 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q1 2017, worth a combined $70.6M — down 7.2% from $76.1M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CRK and 14 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, opening a new position worth an estimated $3.64M. The largest seller was California Public Employees Retirement System, cutting an estimated $2.49M.
- 59 institutional investors held Comstock Resources (CRK) as of Q1 2017, down from 67 in Q4 2016.
- Funds reported $70.6M of Comstock Resources stock for Q1 2017, down 7.2% quarter-over-quarter.
- 14 funds opened new Comstock Resources positions in Q1 2017 and 18 closed out, a net change of -4 holders.
- The largest Comstock Resources buyer in Q1 2017 was BlackRock, an estimated $3.64M added.
- The largest Comstock Resources seller in Q1 2017 was California Public Employees Retirement System, an estimated $2.49M sold.
Based on aggregated 13F filings for Q1 2017.