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Comstock Resources

170 hedge funds and large institutions have $1.21B invested in Comstock Resources in 2014 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 63 increasing their positions, 51 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

36% more capital invested

Capital invested by funds: $894M → $1.21B (+$320M)

28% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 29

24% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 51

3% more funds holding

Funds holding: 165170 (+5)

1.25% more ownership

Funds ownership: 20.97%22.22% (+1.2%)

22% less call options, than puts

Call options by funds: $10.2M | Put options by funds: $13.2M

Holders
170
Holders Change
+5
Holders Change %
+3.03%
% of All Funds
4.91%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
37
Increased
63
Reduced
51
Closed
29
Calls
$10.2M
Puts
$13.2M
Net Calls
-$2.96M
Net Calls Change
-$18.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$92.1M -$514K -5,475 -0.7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$67.7M +$987K +10,513 +2%
HA
3
Heartland Advisors
Wisconsin
$63.9M +$17.8M +189,574 +51%
BFA
4
BlackRock Fund Advisors
California
$58.4M +$11.6K +124 +0%
Hotchkis & Wiley Capital Management
5
Hotchkis & Wiley Capital Management
California
$52.7M +$43.3M +461,420 New
GC
6
GW Capital
Washington
$49.2M +$497K +5,296 +1%
HCM
7
Hirzel Capital Management
Texas
$46.3M +$7.3M +77,729 +24%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$42.3M +$24M +255,041 +221%
State Street
9
State Street
Massachusetts
$39.6M +$2.73M +29,034 +9%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$36.9M -$14.9M -158,680 -33%
ClearBridge Investments
11
ClearBridge Investments
New York
$35.7M +$810K +8,628 +3%
KCM
12
Kennedy Capital Management
Missouri
$35.5M +$3.46M +36,842 +13%
NIMC
13
NWQ Investment Management Company
California
$34.2M +$28.1M +299,477 New
BIT
14
BlackRock Institutional Trust
California
$32M +$1.74M +18,487 +7%
FCM
15
Frontier Capital Management
Massachusetts
$31.6M +$2.17M +23,076 +9%
WCM
16
Wedge Capital Management
North Carolina
$26.5M -$1.81M -19,317 -8%
DIA
17
Denver Investment Advisors
Colorado
$26.3M +$740K +7,879 +4%
Wells Fargo
18
Wells Fargo
California
$25.1M -$1.83M -19,534 -8%
Ameriprise
19
Ameriprise
Minnesota
$22.4M -$2.15M -22,853 -10%
Acadian Asset Management
20
Acadian Asset Management
Massachusetts
$21.4M +$9.28M +98,837 +112%
First Trust Advisors
21
First Trust Advisors
Illinois
$21M -$2.8M -29,786 -14%
Northern Trust
22
Northern Trust
Illinois
$18.9M +$1.83M +19,475 +13%
WA
23
Wasatch Advisors
Utah
$16.7M -$2.02M -21,560 -13%
Renaissance Technologies
24
Renaissance Technologies
New York
$16.1M +$13.2M +140,560 New
NI
25
Numeric Investors
Massachusetts
$14.7M +$7.77M +82,680 +179%

CRK Hedge Fund Activity: Q1 2014 in Review

170 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q1 2014, worth a combined $1.21B — up 36% from $894M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new CRK positions and 29 closed out — a net gain of 8 holders — while 63 added to existing stakes and 51 trimmed.

The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $43.3M. The largest seller was Artisan Partners, exiting entirely with an estimated $24.5M sold.

  • 170 institutional investors held Comstock Resources (CRK) as of Q1 2014, up from 165 in Q4 2013.
  • Funds reported $1.21B of Comstock Resources stock for Q1 2014, up 36% quarter-over-quarter.
  • 37 funds opened new Comstock Resources positions in Q1 2014 and 29 closed out, a net change of +8 holders.
  • The largest Comstock Resources buyer in Q1 2014 was Hotchkis & Wiley Capital Management, an estimated $43.3M added.
  • The largest Comstock Resources seller in Q1 2014 was Artisan Partners, an estimated $24.5M sold.

Based on aggregated 13F filings for Q1 2014.