Comtech Telecommunications
CMTL
133 hedge funds and large institutions have $426M invested in Comtech Telecommunications in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 62 reducing their positions, and 14 closing their positions.
150% more call options, than puts
Call options by funds: $6.4M | Put options by funds: $2.56M
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% less funds holding
Funds holding: 134 → 133 (-1)
1% less capital invested
Capital invested by funds: $431M → $426M (-$5.12M)
44% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$12.1M |
| 2 |
RA
Royce & Associates
New York
|
+$3.55M |
| 3 |
Renaissance Technologies
New York
|
+$2.55M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
+$1.53M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$8.28M |
| 2 |
Morgan Stanley
New York
|
-$4.41M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.92M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.79M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.58M |
CMTL Hedge Fund Activity: Q1 2014 in Review
133 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q1 2014, worth a combined $426M — down 1.2% from $431M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CMTL positions and 14 closed out — a net gain of 1 holder — while 35 added to existing stakes and 62 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $12.1M. The largest seller was LSV Asset Management, cutting an estimated $8.28M.
- 133 institutional investors held Comtech Telecommunications (CMTL) as of Q1 2014, down from 134 in Q4 2013.
- Funds reported $426M of Comtech Telecommunications stock for Q1 2014, down 1.2% quarter-over-quarter.
- 15 funds opened new Comtech Telecommunications positions in Q1 2014 and 14 closed out, a net change of +1 holder.
- The largest Comtech Telecommunications buyer in Q1 2014 was First Eagle Investment Management, an estimated $12.1M added.
- The largest Comtech Telecommunications seller in Q1 2014 was LSV Asset Management, an estimated $8.28M sold.
Based on aggregated 13F filings for Q1 2014.