Comstock Resources
CRK
155 hedge funds and large institutions have $779M invested in Comstock Resources in 2013 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 66 increasing their positions, 41 reducing their positions, and 20 closing their positions.
324% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $2.55M
61% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 41
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
4% more funds holding
Funds holding: 149 → 155 (+6)
3% more capital invested
Capital invested by funds: $756M → $779M (+$23M)
0.37% more ownership
Funds ownership: 19.91% → 20.28% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
+$24.5M |
| 2 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$18.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.3M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$11.6M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$41.5M |
| 2 |
RA
RR Advisors
Dallas,
Texas
|
-$28.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$27.8M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$7.46M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$5.17M |
CRK Hedge Fund Activity: Q3 2013 in Review
155 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q3 2013, worth a combined $779M — up 3% from $756M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CRK positions and 20 closed out — a net gain of 7 holders — while 66 added to existing stakes and 41 trimmed.
The largest buyer was Hirzel Capital Management, opening a new position worth an estimated $24.5M. The largest seller was Wellington Management Group, exiting entirely with an estimated $41.5M sold.
- 155 institutional investors held Comstock Resources (CRK) as of Q3 2013, up from 149 in Q2 2013.
- Funds reported $779M of Comstock Resources stock for Q3 2013, up 3% quarter-over-quarter.
- 27 funds opened new Comstock Resources positions in Q3 2013 and 20 closed out, a net change of +7 holders.
- The largest Comstock Resources buyer in Q3 2013 was Hirzel Capital Management, an estimated $24.5M added.
- The largest Comstock Resources seller in Q3 2013 was Wellington Management Group, an estimated $41.5M sold.
Based on aggregated 13F filings for Q3 2013.