Comstock Resources
CRK
122 hedge funds and large institutions have $177M invested in Comstock Resources in 2020 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 33 increasing their positions, 16 reducing their positions, and 13 closing their positions.
447% more capital invested
Capital invested by funds: $32.3M → $177M (+$144M)
385% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 13
106% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 16
69% more funds holding
Funds holding: 72 → 122 (+50)
14.24% more ownership
Funds ownership: 3.16% → 17.39% (+14%)
98% less call options, than puts
Call options by funds: $169K | Put options by funds: $9.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$22.1M |
| 2 |
SCM
Stonehill Capital Management
New York
|
+$19.7M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$18.8M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$18.1M |
| 5 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$1.61M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$259K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$254K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$202K |
| 5 |
WCM
Weld Capital Management
New York
|
-$168K |
CRK Hedge Fund Activity: Q2 2020 in Review
122 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q2 2020, worth a combined $177M — up 447% from $32.3M a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CRK positions and 13 closed out — a net gain of 50 holders — while 33 added to existing stakes and 16 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $22.1M. The largest seller was Mariner, exiting entirely with an estimated $1.61M sold.
- 122 institutional investors held Comstock Resources (CRK) as of Q2 2020, up from 72 in Q1 2020.
- Funds reported $177M of Comstock Resources stock for Q2 2020, up 447% quarter-over-quarter.
- 63 funds opened new Comstock Resources positions in Q2 2020 and 13 closed out, a net change of +50 holders.
- The largest Comstock Resources buyer in Q2 2020 was Adage Capital Partners, an estimated $22.1M added.
- The largest Comstock Resources seller in Q2 2020 was Mariner, an estimated $1.61M sold.
Based on aggregated 13F filings for Q2 2020.