Comstock
LODE
34 hedge funds and large institutions have $42.1M invested in Comstock in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 3 closing their positions.
850% more call options, than puts
Call options by funds: $38K | Put options by funds: $4K
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
10% more funds holding
Funds holding: 31 → 34 (+3)
0.02% less ownership
Funds ownership: 0.16% → 0.14% (-0.02%)
11% less capital invested
Capital invested by funds: $47.3M → $42.1M (-$5.28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$3.33M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$411K |
| 3 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
+$344K |
| 4 |
SIM
Spark Investment Management
New York
|
+$163K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$90.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWP
Private Wealth Partners
Mill Valley,
California
|
-$310K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$288K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$8.54K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$7.59K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$6.64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citadel Advisors
Miami,
Florida
| $19K | +$21.8K | +46 | New |
|
|
BJL
27
Brighton Jones LLC
Seattle,
Washington
| $17K | – | – | – |
|
28
Canada Life
Winnipeg,
Manitoba, Canada
| $7K | – | – | – |
|
|
U
29
UBS
Zurich,
Switzerland
| $5K | -$8.54K | -18 | -60% |
|
30
US Bancorp
Minneapolis,
Minnesota
| $5K | +$949 | +2 | +22% |
|
31
BNP Paribas Financial Markets
Paris,
France
| $3.14K | – | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | -$949 | -2 | -29% |
|
33
AllianceBernstein
Nashville,
Tennessee
| $2K | – | – | – |
|
34
Morgan Stanley
New York
| $2K | – | – | – |
|
|
PWP
35
Private Wealth Partners
Mill Valley,
California
| – | -$310K | -708 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$2K | -4 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$474 | -1 | Closed |
|
LODE Hedge Fund Activity: Q1 2014 in Review
34 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Comstock (LODE) for Q1 2014, worth a combined $42.1M — down 11% from $47.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LODE positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Van Den Berg Management I, adding an estimated $3.33M. The largest seller was Private Wealth Partners, exiting entirely with an estimated $310K sold.
- 34 institutional investors held Comstock (LODE) as of Q1 2014, up from 31 in Q4 2013.
- Funds reported $42.1M of Comstock stock for Q1 2014, down 11% quarter-over-quarter.
- 7 funds opened new Comstock positions in Q1 2014 and 3 closed out, a net change of +4 holders.
- The largest Comstock buyer in Q1 2014 was Van Den Berg Management I, an estimated $3.33M added.
- The largest Comstock seller in Q1 2014 was Private Wealth Partners, an estimated $310K sold.
Based on aggregated 13F filings for Q1 2014.