Comstock Resources
61 hedge funds and large institutions have $49.4M invested in Comstock Resources in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 23 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
9% more funds holding
Funds holding: 56 → 61 (+5)
1.45% less ownership
Funds ownership: 53.94% → 52.5% (-1.4%)
15% less capital invested
Capital invested by funds: $57.8M → $49.4M (-$8.43M)
41% less call options, than puts
Call options by funds: $264K | Put options by funds: $444K
48% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southpaw Asset Management
Stamford,
Connecticut
|
+$3.54M |
| 2 |
FWC
First Washington Corp
Seattle,
Washington
|
+$1.66M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$460K |
| 4 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
+$325K |
| 5 |
Millennium Management
New York
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$3.27M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$1.97M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$407K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$399K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$397K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
|
QAM
52
QCI Asset Management
Pittsford,
New York
| $4K | +$4.78K | +735 | New |
|
|
EA
53
Edge Advisors
Atlanta,
Georgia
| $2K | – | – | – |
|
|
CG
54
Cutler Group
San Francisco,
California
| $1K | -$29.1K | -4,482 | -94% |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | -$1.42K | -219 | -59% |
|
|
AG
56
Advisor Group
Phoenix,
Arizona
| $1K | -$650 | -100 | -33% |
|
|
ECA
57
Encompass Capital Advisors
New York
| – | -$3.27M | -462,438 | Closed |
|
|
CIM
58
Castleton Investment Management
Stamford,
Connecticut
| – | -$108K | -15,303 | Closed |
|
|
CS
59
Credit Suisse
Zurich,
Switzerland
| – | -$75K | -10,525 | Closed |
|
60
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$16.9K | -2,600 | -96% |
|
61
Creative Planning
Overland Park,
Kansas
| – | -$5K | -730 | Closed |
|
|
HI
62
Hudock Inc
Williamsport,
Pennsylvania
| – | -$221 | -34 | Closed |
|
63
SEI Investments
Oaks,
Pennsylvania
| – | +$71 | +11 | +1,100% |
|
CRK Hedge Fund Activity: Q3 2017 in Review
61 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q3 2017, worth a combined $49.4M — down 15% from $57.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CRK positions and 6 closed out — a net gain of 5 holders — while 12 added to existing stakes and 23 trimmed.
The largest buyer was Southpaw Asset Management, opening a new position worth an estimated $3.54M. The largest seller was Encompass Capital Advisors, exiting entirely with an estimated $3.27M sold.
- 61 institutional investors held Comstock Resources (CRK) as of Q3 2017, up from 56 in Q2 2017.
- Funds reported $49.4M of Comstock Resources stock for Q3 2017, down 15% quarter-over-quarter.
- 11 funds opened new Comstock Resources positions in Q3 2017 and 6 closed out, a net change of +5 holders.
- The largest Comstock Resources buyer in Q3 2017 was Southpaw Asset Management, an estimated $3.54M added.
- The largest Comstock Resources seller in Q3 2017 was Encompass Capital Advisors, an estimated $3.27M sold.
Based on aggregated 13F filings for Q3 2017.