Comtech Telecommunications
CMTL
133 hedge funds and large institutions have $318M invested in Comtech Telecommunications in 2022 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 19 closing their positions.
1,156% more call options, than puts
Call options by funds: $1.61M | Put options by funds: $128K
1.78% more ownership
Funds ownership: 74.64% → 76.42% (+1.8%)
0% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 50
8% less funds holding
Funds holding: 144 → 133 (-11)
32% less capital invested
Capital invested by funds: $466M → $318M (-$148M)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$9.12M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$7.08M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.6M |
| 4 |
CC
Clearline Capital
New York
|
+$2.14M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.28M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$3.47M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$3.29M |
| 4 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$2.71M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
-$2.53M |
CMTL Hedge Fund Activity: Q1 2022 in Review
133 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q1 2022, worth a combined $318M — down 32% from $466M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CMTL and 9 opened new positions — a net loss of 10 holders — while 50 trimmed existing stakes and 50 added.
The largest buyer was Cooper Creek Partners Management, adding an estimated $9.12M. The largest seller was Jacobs Levy Equity Management, cutting an estimated $4.28M.
- 133 institutional investors held Comtech Telecommunications (CMTL) as of Q1 2022, down from 144 in Q4 2021.
- Funds reported $318M of Comtech Telecommunications stock for Q1 2022, down 32% quarter-over-quarter.
- 9 funds opened new Comtech Telecommunications positions in Q1 2022 and 19 closed out, a net change of -10 holders.
- The largest Comtech Telecommunications buyer in Q1 2022 was Cooper Creek Partners Management, an estimated $9.12M added.
- The largest Comtech Telecommunications seller in Q1 2022 was Jacobs Levy Equity Management, an estimated $4.28M sold.
Based on aggregated 13F filings for Q1 2022.