Comstock Resources
165 hedge funds and large institutions have $894M invested in Comstock Resources in 2013 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 49 increasing their positions, 59 reducing their positions, and 27 closing their positions.
215% more call options, than puts
Call options by funds: $23.1M | Put options by funds: $7.33M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
41% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 27
15% more capital invested
Capital invested by funds: $779M → $894M (+$115M)
6% more funds holding
Funds holding: 155 → 165 (+10)
0.69% more ownership
Funds ownership: 20.28% → 20.97% (+0.69%)
17% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$32.1M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$16M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$8.1M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$7.81M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$7.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$25.4M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$15.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$13.6M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$11.1M |
| 5 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$3.8M |
CRK Hedge Fund Activity: Q4 2013 in Review
165 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q4 2013, worth a combined $894M — up 15% from $779M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CRK positions and 27 closed out — a net gain of 11 holders — while 49 added to existing stakes and 59 trimmed.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $32.1M. The largest seller was Capital Research Global Investors, cutting an estimated $25.4M.
- 165 institutional investors held Comstock Resources (CRK) as of Q4 2013, up from 155 in Q3 2013.
- Funds reported $894M of Comstock Resources stock for Q4 2013, up 15% quarter-over-quarter.
- 38 funds opened new Comstock Resources positions in Q4 2013 and 27 closed out, a net change of +11 holders.
- The largest Comstock Resources buyer in Q4 2013 was Heartland Advisors, an estimated $32.1M added.
- The largest Comstock Resources seller in Q4 2013 was Capital Research Global Investors, an estimated $25.4M sold.
Based on aggregated 13F filings for Q4 2013.