Comstock
LODE
33 hedge funds and large institutions have $53.2M invested in Comstock in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 3 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
26% more capital invested
Capital invested by funds: $42.1M → $53.2M (+$11.1M)
0.02% more ownership
Funds ownership: 0.14% → 0.16% (+0.02%)
3% less funds holding
Funds holding: 34 → 33 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$8.33M |
| 2 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$1.32M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$660K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$229K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Spark Investment Management
New York
|
-$111K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$42.9K |
| 3 |
CC
Callan Capital
La Jolla,
California
|
-$25K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$19K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$2.52K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $20K | -$1.68K | -4 | -8% |
|
|
BJL
27
Brighton Jones LLC
Seattle,
Washington
| $18K | – | – | – |
|
|
U
28
UBS
Zurich,
Switzerland
| $9K | +$4.2K | +10 | +83% |
|
29
Canada Life
Winnipeg,
Manitoba, Canada
| $6K | – | – | – |
|
30
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
31
BNP Paribas Financial Markets
Paris,
France
| $2.96K | – | – | – |
|
32
Morgan Stanley
New York
| $2K | -$841 | -2 | -33% |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
CC
34
Callan Capital
La Jolla,
California
| – | -$25K | -60 | Closed |
|
|
35
Citadel Advisors
Miami,
Florida
| – | -$19K | -46 | Closed |
|
36
AllianceBernstein
Nashville,
Tennessee
| – | -$2K | -4 | Closed |
|
LODE Hedge Fund Activity: Q2 2014 in Review
33 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Comstock (LODE) for Q2 2014, worth a combined $53.2M — up 26% from $42.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of LODE and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 13 added.
The largest buyer was Van Den Berg Management I, adding an estimated $8.33M. The largest seller was Spark Investment Management, cutting an estimated $111K.
- 33 institutional investors held Comstock (LODE) as of Q2 2014, down from 34 in Q1 2014.
- Funds reported $53.2M of Comstock stock for Q2 2014, up 26% quarter-over-quarter.
- 2 funds opened new Comstock positions in Q2 2014 and 3 closed out, a net change of -1 holder.
- The largest Comstock buyer in Q2 2014 was Van Den Berg Management I, an estimated $8.33M added.
- The largest Comstock seller in Q2 2014 was Spark Investment Management, an estimated $111K sold.
Based on aggregated 13F filings for Q2 2014.