Vault-13

COMSTOCK INC LODE

COM SHS · Common Stock · CUSIP 205750409

71 institutional holders +4 vs Q3 2025
15,672,24615.7m shares reported held*
30.6% of all shares outstanding*
$58.9mreported value*
14 new 29 added 15 reduced 10 sold out net sold ≈ $586.9k (-156.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 51.3m as of 2025-10-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.76. Options: 6 managers hold calls ($5.5m notional), 5 hold puts ($1.7m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q1 25: 42Q2 25: 43Q3 25: 67Q4 25: 7171Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 202542
Q2 202543
Q3 202567
Q4 202571

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 25: 25 bought or addedQ2 25: 14 cut or sold outQ2 25Q3 25: 55 bought or addedQ3 25: 8 cut or sold outQ3 25Q4 25: 43 bought or addedQ4 25: 25 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 20252514
Q3 2025558
Q4 20254325

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6mQ1 25 calls: $2.6mQ1 25 puts: $986.7kQ1 25P/C 0.38Q2 25 calls: $2.8mQ2 25 puts: $1.2mQ2 25P/C 0.44Q3 25 calls: $4.8mQ3 25 puts: $1.3mQ3 25P/C 0.28Q4 25 calls: $5.5mQ4 25 puts: $1.7mQ4 25P/C 0.32
Numbers
QuarterCallsPutsP/C
Q1 2025$2.6m$986.7k0.38
Q2 2025$2.8m$1.2m0.44
Q3 2025$4.8m$1.3m0.28
Q4 2025$5.5m$1.7m0.32

Biggest buyers

MARSHALL WACE, LLP Added +652,376+652.4k
Diametric Capital, LP Added +484,762+484.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +479,361+479.4k
ROYAL BANK OF CANADA New +478,215+478.2k
VANGUARD GROUP INC Added +289,782+289.8k
683 Capital Management, LLC New +276,243+276.2k
GRATIA CAPITAL, LLC Added +199,000+199.0k
JANE STREET GROUP, LLC Added +136,682+136.7k
DIMENSIONAL FUND ADVISORS LP Added +103,342+103.3k
GEODE CAPITAL MANAGEMENT, LLC Added +91,631+91.6k

Biggest sellers

Alyeska Investment Group, L.P. Sold out -1,200,000-1.2m
Regal Partners Ltd Sold out -1,156,000-1.2m
Cable Car Capital, LP Sold out -400,000-400.0k
MORGAN STANLEY Reduced -284,201-284.2k
RENAISSANCE TECHNOLOGIES LLC Sold out -218,109-218.1k
MYDA Advisors LLC Reduced -170,000-170.0k
CITADEL ADVISORS LLC Reduced -163,074-163.1k
BANK OF AMERICA CORP /DE/ Reduced -143,021-143.0k
Aristides Capital LLC Sold out -131,050-131.1k
UBS Group AG Reduced -113,753-113.8k

Biggest calls

Caption Management, LLC Unchanged $3.8m1.0m shares
GROUP ONE TRADING LLC Reduced $458.0k121.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $440.7k117.2k shares
SIMPLEX TRADING, LLC Added $400.8k106.6k shares
CITADEL ADVISORS LLC Added $391.8k104.2k shares
Savvy Advisors, Inc. New $33.6k22.7k shares

Biggest puts

SIMPLEX TRADING, LLC Added $576.8k153.4k shares
GROUP ONE TRADING LLC Added $367.0k97.6k shares
CITADEL ADVISORS LLC Reduced $295.9k78.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $264.3k70.3k shares
JANE STREET GROUP, LLC New $229.7k61.1k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Hood River Capital Management LLC 13G · institution +5.0 pts · filed 2026-05-15 8.5% +5.0 pts 6.3m≈ $26.1m 2026-05-15
BlackRock, Inc. 13G · institution new · filed 2026-07-27 5.6% new 4.2m≈ $17.6m 2026-07-27
MAK Capital Fund LP 13D · may seek influence -1.5 pts · filed 2026-10-16 5.2% -1.5 pts 4.0m≈ $16.5m 2026-10-16

Insider purchases and sales in Q4 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 3 buyingQ2 24: 0 sellingQ2 24Q3 24: 1 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 0 sellingQ4 25: 0 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20243$530.1k0——
Q3 20241—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,421,2512.4m $9.1m $9.1m 0.00% Added +289.8k +289,782
2 Hood River Capital Management LLC 0.07% of their portfolio PALM BEACH GARDENS, FL 1,815,2671.8m $6.8m $6.8m 0.07% Reduced -17.9k -17,880
3 GRATIA CAPITAL, LLC 3.89% of their portfolio LOS ANGELES, CA 1,156,4231.2m $4.3m $4.3m 3.89% Added +199.0k +199,000
4 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 804,127804.1k $3.0m $3.0m 0.00% Reduced -163.1k -163,074
5 FLAX POND CAPITAL, LLC 1.94% of their portfolio MERION STATION, PA 694,025694.0k $2.6m $2.6m 1.94% First filing
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 691,997692.0k $2.6m $2.6m 0.00% Added +479.4k +479,361
7 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 669,494669.5k $2.5m $2.5m 0.00% Added +652.4k +652,376
8 Diametric Capital, LP 0.64% of their portfolio BOSTON, MA 631,525631.5k $2.4m $2.4m 0.64% Added +484.8k +484,762
9 CORSAIR CAPITAL MANAGEMENT, L.P. 0.34% of their portfolio NEW YORK, NY 550,118550.1k $2.1m $2.1m 0.34% Added +118 +118
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 547,877547.9k $2.1m $2.1m 0.00% Added +91.6k +91,631
11 Apis Capital Advisors, LLC 0.32% of their portfolio New York, NY 484,000484.0k $1.8m $1.8m 0.32% Reduced -20.0k -20,000
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 478,215478.2k $1.8m $1.8m 0.00% New
13 Savvy Advisors, Inc. 0.06% of their portfolio NEW YORK, NY 467,615467.6k $1.8m $1.8m 0.06% Added +5.3k +5,335
14 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 440,582440.6k $1.7m $1.7m 0.00% Added +58.6k +58,647
15 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 353,873353.9k $1.3m $1.3m 0.00% Added +136.7k +136,682
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 281,101281.1k $1.1m $1.1m 0.00% Added +60.8k +60,802
17 683 Capital Management, LLC 0.09% of their portfolio NEW YORK, NY 276,243276.2k $1.0m $1.0m 0.09% New
18 Mariner, LLC 0.00% of their portfolio Overland Park, KS 249,428249.4k $937.8k $937.8k 0.00% Added +72.6k +72,575
19 Caption Management, LLC 0.04% of their portfolio OKLAHOMA CITY, OK 234,999235.0k $883.6k $883.6k 0.04% Unchanged
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 217,314217.3k $817.1k $817.1k 0.00% Added +26.9k +26,900
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 205,251205.3k $771.7k $771.7k 0.00% Added +28.8k +28,818
22 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 190,824190.8k $718.2k $718.2k 0.00% Added +103.3k +103,342
23 MYDA Advisors LLC 0.19% of their portfolio WOODMERE, NY 180,000180.0k $676.8k $676.8k 0.19% Reduced -170.0k -170,000
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 118,216118.2k $444.5k $444.5k 0.00% Added +16.2k +16,205
25 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 103,400103.4k $388.8k $388.8k 0.00% Added +91.0k +91,000
26 PRELUDE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 101,109101.1k $380.2k $380.2k 0.03% Added +60.5k +60,508
27 Quadrant Private Wealth Management, LLC 0.06% of their portfolio Center Valley, PA 95,08095.1k $357.5k $357.5k 0.06% Reduced -80 -80
28 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 81,51681.5k $306.5k $306.5k 0.00% Added +31.3k +31,276
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 80,58780.6k $303.0k $303.0k 0.00% New
30 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 77,67877.7k $292.1k $292.1k 0.00% New
31 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 75,85675.9k $285.2k $285.2k 0.00% Added +53.2k +53,185
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 68,80768.8k $258.7k $258.7k 0.00% Added +10.8k +10,807
33 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 62,62362.6k $235.5k $235.5k 0.00% New
34 UBS Group AG 0.00% of their portfolio ZURICH, V8 60,86460.9k $228.8k $228.8k 0.00% Reduced -113.8k -113,753
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 56,87856.9k $213.9k $213.9k 0.00% Reduced -284.2k -284,201
36 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 56,24956.2k $211.5k $211.5k 0.00% New
37 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 52,33852.3k $196.8k $196.8k 0.00% Unchanged
38 Cruiser Capital Advisors, LLC 0.20% of their portfolio Stamford, CT 50,77650.8k $190.9k $190.9k 0.20% Reduced -104.2k -104,224
39 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 49,82149.8k $187.3k $187.3k 0.00% Reduced -12.1k -12,069
40 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 45,10945.1k $169.6k $169.6k 0.00% Added +19.7k +19,651
41 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 39,15139.2k $147.2k $147.2k 0.00% Reduced -59.4k -59,446
42 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 37,20637.2k $139.9k $139.9k 0.00% Added +24.1k +24,069
43 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 35,76035.8k $134.5k $134.5k 0.00% Added +33.2k +33,211
44 Lighthouse Investment Partners, LLC 0.00% of their portfolio Palm Beach Gardens, FL 29,70029.7k $111.7k $111.7k 0.00% New
45 Torrey Growth & Income Advisors 0.04% of their portfolio DEL MAR, CA 29,26929.3k $110.1k $110.1k 0.04% Added +12.6k +12,647
46 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 28,82928.8k $108.4k $108.4k 0.00% Reduced -143.0k -143,021
47 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 26,49526.5k $99.6k $99.6k 0.00% New
48 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 26,13926.1k $98.3k $98.3k 0.01% New
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 24,68224.7k $92.8k $92.8k 0.00% New
50 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 20,95821.0k $78.8k $78.8k 0.00% Added +20.8k +20,801
51 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 19,65019.6k $73.9k $73.9k 0.00% Reduced -8.4k -8,445
52 MARATHON CAPITAL MANAGEMENT 0.01% of their portfolio Hunt Valley, MD 17,50017.5k $65.8k $65.8k 0.01% Reduced -2.5k -2,500
53 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 13,01313.0k $48.9k $48.9k 0.00% Reduced -28.0k -27,989
54 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,00012.0k $45.1k $45.1k 0.00% New
55 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 10,39610.4k $39.1k $39.1k 0.00% New
56 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 7,9848.0k $30.0k $30.0k 0.00% Added +3.4k +3,436
57 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 7,0007.0k $26.3k $26.3k 0.00% Added +4.0k +4,000
58 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 2,1222.1k $8.0k $8.0k 0.00% Added +100 +100
59 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,8461.8k $6.9k $6.9k 0.00% Unchanged
60 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,6671.7k $6.3k $6.3k 0.00% Reduced -260 -260
61 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 600600 $2.3k $2.3k 0.00% Unchanged
62 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 558558 $2.1k $2.1k 0.00% Unchanged
63 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 399399 $1.5k $1.5k 0.00% New
64 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 263263 $989 $989 0.00% Unchanged
65 Westside Investment Management, Inc. 0.00% of their portfolio SANTA MONICA, CA 200200 $752 $752 0.00% Unchanged
66 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 156156 $587 $587 0.00% Unchanged
67 Costello Asset Management, INC 0.00% of their portfolio FEASTERVILLE, PA 150150 $564 $564 0.00% Unchanged
68 COUNTRY TRUST BANK 0.00% of their portfolio Bloomington, IL 7272 $271 $271 0.00% Unchanged
69 Motiv8 Investments LLC 0.00% of their portfolio PORT ST. LUCIE, FL 2020 $0 $0 0.00% New
70 Quent Capital, LLC 0.00% of their portfolio NEW YORK, NY 44 $15 $15 0.00% Unchanged
71 DANSKE BANK A/S 0.00% of their portfolio COPENHAGEN V, G7 11 $4 $4 0.00% Unchanged