Comstock Resources
CRK
124 hedge funds and large institutions have $234M invested in Comstock Resources in 2020 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 54 increasing their positions, 32 reducing their positions, and 21 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 32
32% more capital invested
Capital invested by funds: $177M → $234M (+$57.3M)
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
5.57% more ownership
Funds ownership: 17.39% → 22.97% (+5.6%)
2% more funds holding
Funds holding: 122 → 124 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
91% less call options, than puts
Call options by funds: $972K | Put options by funds: $10.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$14.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$12M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.8M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$9.66M |
| 5 |
Bank of New York Mellon
New York
|
+$9.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$12.1M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.21M |
| 3 |
CCM
CAAS Capital Management
New York
|
-$8.6M |
| 4 |
SCM
Stonehill Capital Management
New York
|
-$5.17M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.9M |
CRK Hedge Fund Activity: Q3 2020 in Review
124 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Comstock Resources (CRK) for Q3 2020, worth a combined $234M — up 32% from $177M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CRK positions and 21 closed out — a net gain of 4 holders — while 54 added to existing stakes and 32 trimmed.
The largest buyer was Deep Basin Capital, adding an estimated $14.3M. The largest seller was Alyeska Investment Group, cutting an estimated $12.1M.
- 124 institutional investors held Comstock Resources (CRK) as of Q3 2020, up from 122 in Q2 2020.
- Funds reported $234M of Comstock Resources stock for Q3 2020, up 32% quarter-over-quarter.
- 25 funds opened new Comstock Resources positions in Q3 2020 and 21 closed out, a net change of +4 holders.
- The largest Comstock Resources buyer in Q3 2020 was Deep Basin Capital, an estimated $14.3M added.
- The largest Comstock Resources seller in Q3 2020 was Alyeska Investment Group, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2020.