Comstock Resources
182 hedge funds and large institutions have $972M invested in Comstock Resources in 2014 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 78 increasing their positions, 56 reducing their positions, and 23 closing their positions.
255% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $5.12M
39% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 56
1% more funds holding
Funds holding: 180 → 182 (+2)
9% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 23
0.23% more ownership
Funds ownership: 21.58% → 21.82% (+0.23%)
35% less capital invested
Capital invested by funds: $1.49B → $972M (-$517M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$27.4M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$23.8M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$15.4M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$12M |
| 5 |
JP Morgan Chase
New York
|
+$9.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.8M |
| 2 |
Bank of New York Mellon
New York
|
-$18M |
| 3 |
GC
GW Capital
Bellevue,
Washington
|
-$16M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$15.6M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
201
Profund Advisors
Bethesda,
Maryland
| – | -$256K | -1,775 | Closed |
|
|
OC
202
Oppenheimer & Co
New York
| – | -$238K | -1,645 | Closed |
|
|
GMIM
203
General Motors Investment Management
New York
| – | -$200K | -1,389 | Closed |
|
204
SG Americas Securities
New York
| – | -$162K | -1,120 | Closed |
|
|
HMS
205
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$40K | -277 | Closed |
|
206
Parallax Volatility Advisers
San Francisco,
California
| – | -$34K | -239 | Closed |
|
CRK Hedge Fund Activity: Q3 2014 in Review
182 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q3 2014, worth a combined $972M — down 35% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CRK positions and 23 closed out — a net gain of 2 holders — while 78 added to existing stakes and 56 trimmed.
The largest buyer was NWQ Investment Management Company, adding an estimated $27.4M. The largest seller was Arrowstreet Capital, cutting an estimated $19.8M.
- 182 institutional investors held Comstock Resources (CRK) as of Q3 2014, up from 180 in Q2 2014.
- Funds reported $972M of Comstock Resources stock for Q3 2014, down 35% quarter-over-quarter.
- 25 funds opened new Comstock Resources positions in Q3 2014 and 23 closed out, a net change of +2 holders.
- The largest Comstock Resources buyer in Q3 2014 was NWQ Investment Management Company, an estimated $27.4M added.
- The largest Comstock Resources seller in Q3 2014 was Arrowstreet Capital, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2014.