The cluster's mixed reading — many buyers but net selling dollars — combined with historical underperformance of prior CRK calls, makes this a low-conviction signal. Traders should await more concrete catalysts (e.g., earnings, production updates) before taking a directional position. The passive-dominated buyer list further tempers any bullish read.
Executive Summary
An institutional cluster for CRK in 2026-Q2 shows 14 buyers (net adding $5.3M) versus 2 sellers (reducing $17.3M), yielding a net dollar outflow of ~$12M despite the broad buying participation. The buyer list is dominated by passive/mega-passive funds (Morgan Stanley, Fidelity, Goldman Sachs) which dilute the signal, while active managers like Walleye Trading and RenTech made small but proportional increases.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$12.0M
▲ Buyers (14)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Morgan Stanley | ADD | +68.2% | $39.4M | $6.3M |
| Goldman Sachs | ADD | +27.1% | $22.7M | -$2.5M |
| Walleye Trading | DOUBLED | +2225.3% | $1.2M | $1.1M |
| RenTech | ADD | +81% | $3.6M | $781.0K |
| Commonwealth Equity Services | DOUBLED | +143.2% | $867.0K | $363.0K |
▼ Sellers (2)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| BofA | TRIM | -30.9% | $15.3M | -$7.8M |
| Victory Capital Management | NEAR_EXIT | -92.3% | $10.0M | -$9.5M |
Key Facts
- 14 institutional buyers vs 2 sellers in Q2 2026, with net buying of $5.3M and net selling of $17.3M, net -$12M.
- Largest buyer additions: Morgan Stanley +$6.3M, Walleye Trading +$1.1M, RenTech +$781K.
- Largest seller reductions: BofA -$7.8M (trim 30.9%), Victory Capital -$9.5M (near-exit 92.3%).
- Buyer mix includes multiple passive funds (Morgan Stanley, Fidelity, Goldman Sachs, Wells Fargo) reducing signal strength.
Financial Impact
Net institutional outflow of approximately $12M, equal to 0.3% of CRK's $4.1B market cap. Buying additions totaled $5.3M, while selling reductions amounted to $17.3M.
Risk Factors
- 45-day 13F reporting lag means positions may have been unwound since quarter-end.
- Predominance of passive/index funds among buyers reduces the signal's conviction.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CRK-2026-Q2 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | Press Release | $13.06 | awaiting T+20 | — | — |
Sep 1, 2026 7w ago | 8-K | $16.02 $12.32 | ▼ −23.10% | ▼ −23.41% | — |
Aug 16, 2026 10w ago | Institutional Cluster | $13.55 $14.31 | ▲ +5.61% | ▲ +7.59% | — |
Jul 1, 2026 16w ago | Press Release | $14.68 | awaiting T+20 | — | — |
Jun 16, 2026 18w ago | 8-K | $13.34 $12.98 | ▼ −2.70% | ▼ −2.90% | — |
US Market Status
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