Comstock Resources
238 hedge funds and large institutions have $1.08B invested in Comstock Resources in 2022 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 86 increasing their positions, 71 reducing their positions, and 31 closing their positions.
61% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 31
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more call options, than puts
Call options by funds: $42.6M | Put options by funds: $33M
21% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 71
7% more funds holding
Funds holding: 222 → 238 (+16)
0.59% more ownership
Funds ownership: 35.32% → 35.91% (+0.59%)
23% less capital invested
Capital invested by funds: $1.41B → $1.08B (-$331M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$45.8M |
| 2 |
State Street
Boston,
Massachusetts
|
+$38.1M |
| 3 |
ACG
Aventail Capital Group
New York
|
+$21.2M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$14.9M |
| 5 |
Bank of New York Mellon
New York
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$51.9M |
| 2 |
Two Sigma Investments
New York
|
-$31.6M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$15.5M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$15.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$11.9M |
CRK Hedge Fund Activity: Q4 2022 in Review
238 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q4 2022, worth a combined $1.08B — down 23% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CRK positions and 31 closed out — a net gain of 19 holders — while 86 added to existing stakes and 71 trimmed.
The largest buyer was Millennium Management, adding an estimated $45.8M. The largest seller was Third Point, exiting entirely with an estimated $51.9M sold.
- 238 institutional investors held Comstock Resources (CRK) as of Q4 2022, up from 222 in Q3 2022.
- Funds reported $1.08B of Comstock Resources stock for Q4 2022, down 23% quarter-over-quarter.
- 50 funds opened new Comstock Resources positions in Q4 2022 and 31 closed out, a net change of +19 holders.
- The largest Comstock Resources buyer in Q4 2022 was Millennium Management, an estimated $45.8M added.
- The largest Comstock Resources seller in Q4 2022 was Third Point, an estimated $51.9M sold.
Based on aggregated 13F filings for Q4 2022.