Comtech Telecommunications
CMTL
158 hedge funds and large institutions have $514M invested in Comtech Telecommunications in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 65 increasing their positions, 43 reducing their positions, and 27 closing their positions.
164% more call options, than puts
Call options by funds: $11M | Put options by funds: $4.16M
51% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 43
0.06% less ownership
Funds ownership: 88.4% → 88.34% (-0.06%)
4% less funds holding
Funds holding: 165 → 158 (-7)
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
33% less capital invested
Capital invested by funds: $764M → $514M (-$250M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$4.46M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$3.93M |
| 3 |
BlackRock
New York
|
+$3.12M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$2.89M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
-$6.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.02M |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
-$4.01M |
| 4 |
Citigroup
New York
|
-$2.2M |
| 5 |
RA
Royce & Associates
New York
|
-$2.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Group One Trading
Chicago,
Illinois
| – | -$138K | -4,923 | Closed |
|
|
TRCT
177
Tower Research Capital (TRC)
New York
| – | -$77K | -2,132 | Closed |
|
178
Simplex Trading
Chicago,
Illinois
| – | -$16.9K | -603 | Closed |
|
179
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$9K | -255 | Closed |
|
|
IA
180
IFP Advisors
Tampa,
Florida
| – | -$7K | -190 | Closed |
|
|
JA
181
JOYN Advisors
Atlanta,
Georgia
| – | -$1K | -19 | Closed |
|
|
FGC
182
Financial Gravity Companies
Lakeway,
Texas
| – | +$140 | +5 | New |
|
CMTL Hedge Fund Activity: Q4 2018 in Review
158 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q4 2018, worth a combined $514M — down 33% from $764M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CMTL and 21 opened new positions — a net loss of 6 holders — while 43 trimmed existing stakes and 65 added.
The largest buyer was Foundry Partners, opening a new position worth an estimated $4.46M. The largest seller was G2 Investment Partners Management, exiting entirely with an estimated $6.1M sold.
- 158 institutional investors held Comtech Telecommunications (CMTL) as of Q4 2018, down from 165 in Q3 2018.
- Funds reported $514M of Comtech Telecommunications stock for Q4 2018, down 33% quarter-over-quarter.
- 21 funds opened new Comtech Telecommunications positions in Q4 2018 and 27 closed out, a net change of -6 holders.
- The largest Comtech Telecommunications buyer in Q4 2018 was Foundry Partners, an estimated $4.46M added.
- The largest Comtech Telecommunications seller in Q4 2018 was G2 Investment Partners Management, an estimated $6.1M sold.
Based on aggregated 13F filings for Q4 2018.