Comstock Resources
72 hedge funds and large institutions have $32.4M invested in Comstock Resources in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 17 closing their positions.
58% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $1.03M
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0.24% more ownership
Funds ownership: 2.92% → 3.16% (+0.24%)
3% less funds holding
Funds holding: 74 → 72 (-2)
29% less capital invested
Capital invested by funds: $45.6M → $32.4M (-$13.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.54M |
| 2 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
+$1.16M |
| 3 |
Millennium Management
New York
|
+$323K |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$287K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.13M |
| 2 |
JCM
JS Capital Management
New York
|
-$457K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$453K |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$412K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$323K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Squarepoint
New York
| – | -$270K | -32,859 | Closed |
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$188K | -31,576 | Closed |
|
78
Man Group
London,
United Kingdom
| – | -$137K | -16,601 | Closed |
|
79
D.E. Shaw & Co
New York
| – | -$134K | -16,276 | Closed |
|
|
ECM
80
ExodusPoint Capital Management
New York
| – | -$121K | -14,658 | Closed |
|
81
LPL Financial
San Diego,
California
| – | -$90K | -10,980 | Closed |
|
82
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$63K | -7,665 | Closed |
|
83
Group One Trading
Chicago,
Illinois
| – | -$34.9K | -5,852 | Closed |
|
|
FIA
84
FNY Investment Advisers
New York
| – | -$8K | -1,000 | Closed |
|
85
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$8K | -941 | Closed |
|
|
AIM
86
Aigen Investment Management
New York
| – | -$6K | -723 | Closed |
|
|
AA
87
Argent Advisors
Monroe,
Louisiana
| – | -$3K | -440 | Closed |
|
|
GWS
88
Glassman Wealth Services
Vienna,
Virginia
| – | +$274 | +46 | New |
|
CRK Hedge Fund Activity: Q1 2020 in Review
72 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q1 2020, worth a combined $32.4M — down 29% from $45.6M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CRK positions and 17 closed out — a net gain of 1 holder — while 25 added to existing stakes and 18 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $2.54M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $1.13M sold.
- 72 institutional investors held Comstock Resources (CRK) as of Q1 2020, down from 74 in Q4 2019.
- Funds reported $32.4M of Comstock Resources stock for Q1 2020, down 29% quarter-over-quarter.
- 18 funds opened new Comstock Resources positions in Q1 2020 and 17 closed out, a net change of +1 holder.
- The largest Comstock Resources buyer in Q1 2020 was Bridgeway Capital Management, an estimated $2.54M added.
- The largest Comstock Resources seller in Q1 2020 was Arrowstreet Capital, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2020.