Comstock Resources
120 hedge funds and large institutions have $209M invested in Comstock Resources in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 35 reducing their positions, and 25 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 35
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $220M → $209M (-$11M)
2.39% less ownership
Funds ownership: 22.97% → 20.57% (-2.4%)
3% less funds holding
Funds holding: 124 → 120 (-4)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
35% less call options, than puts
Call options by funds: $4.81M | Put options by funds: $7.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$13.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$10.4M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$10.1M |
| 4 |
Bank of New York Mellon
New York
|
+$8.26M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$15.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$12M |
| 3 |
Millennium Management
New York
|
-$11.6M |
| 4 |
SCM
Stonehill Capital Management
New York
|
-$10.2M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$8.73M |
CRK Hedge Fund Activity: Q4 2020 in Review
120 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q4 2020, worth a combined $209M — down 5% from $220M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CRK and 22 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 44 added.
The largest buyer was Adage Capital Partners, adding an estimated $13.5M. The largest seller was Citadel Advisors, cutting an estimated $15.8M.
- 120 institutional investors held Comstock Resources (CRK) as of Q4 2020, down from 124 in Q3 2020.
- Funds reported $209M of Comstock Resources stock for Q4 2020, down 5% quarter-over-quarter.
- 22 funds opened new Comstock Resources positions in Q4 2020 and 25 closed out, a net change of -3 holders.
- The largest Comstock Resources buyer in Q4 2020 was Adage Capital Partners, an estimated $13.5M added.
- The largest Comstock Resources seller in Q4 2020 was Citadel Advisors, an estimated $15.8M sold.
Based on aggregated 13F filings for Q4 2020.