Comstock Resources
54 hedge funds and large institutions have $42.3M invested in Comstock Resources in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 21 closing their positions.
178% more capital invested
Capital invested by funds: $15.2M → $42.3M (+$27.1M)
38.38% more ownership
Funds ownership: 5.91% → 44.29% (+38%)
36% more call options, than puts
Call options by funds: $787K | Put options by funds: $579K
10% less funds holding
Funds holding: 60 → 54 (-6)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$4.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.33M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$2.74M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$1.37M |
| 5 |
CC
Coastland Capital
Palo Alto,
California
|
+$678K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIA
Phoenix Investment Adviser
New York
|
-$1.44M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$584K |
| 3 |
D.E. Shaw & Co
New York
|
-$363K |
| 4 |
SIM
Spark Investment Management
New York
|
-$313K |
| 5 |
Charles Schwab
San Francisco,
California
|
-$245K |
CRK Hedge Fund Activity: Q3 2016 in Review
54 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q3 2016, worth a combined $42.3M — up 178% from $15.2M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CRK and 15 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 12 added.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $4.6M. The largest seller was Phoenix Investment Adviser, cutting an estimated $1.44M.
- 54 institutional investors held Comstock Resources (CRK) as of Q3 2016, down from 60 in Q2 2016.
- Funds reported $42.3M of Comstock Resources stock for Q3 2016, up 178% quarter-over-quarter.
- 15 funds opened new Comstock Resources positions in Q3 2016 and 21 closed out, a net change of -6 holders.
- The largest Comstock Resources buyer in Q3 2016 was Senator Investment Group, an estimated $4.6M added.
- The largest Comstock Resources seller in Q3 2016 was Phoenix Investment Adviser, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2016.