Comstock Resources
CRK
67 hedge funds and large institutions have $15.6M invested in Comstock Resources in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 16 closing their positions.
8% more call options, than puts
Call options by funds: $84K | Put options by funds: $78K
5.26% less ownership
Funds ownership: 12.88% → 7.62% (-5.3%)
9% less funds holding
Funds holding: 74 → 67 (-7)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
73% less capital invested
Capital invested by funds: $57.5M → $15.6M (-$41.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
+$2.91M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$730K |
| 3 |
D.E. Shaw & Co
New York
|
+$686K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$487K |
| 5 |
Goldman Sachs
New York
|
+$388K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$14.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.52M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$581K |
| 5 |
Citigroup
New York
|
-$572K |
CRK Hedge Fund Activity: Q1 2016 in Review
67 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q1 2016, worth a combined $15.6M — down 73% from $57.5M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CRK and 9 opened new positions — a net loss of 7 holders — while 22 trimmed existing stakes and 18 added.
The largest buyer was Oasis Management Company, opening a new position worth an estimated $2.91M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $14.3M sold.
- 67 institutional investors held Comstock Resources (CRK) as of Q1 2016, down from 74 in Q4 2015.
- Funds reported $15.6M of Comstock Resources stock for Q1 2016, down 73% quarter-over-quarter.
- 9 funds opened new Comstock Resources positions in Q1 2016 and 16 closed out, a net change of -7 holders.
- The largest Comstock Resources buyer in Q1 2016 was Oasis Management Company, an estimated $2.91M added.
- The largest Comstock Resources seller in Q1 2016 was Hotchkis & Wiley Capital Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2016.