Comtech Telecommunications
CMTL
132 hedge funds and large institutions have $342M invested in Comtech Telecommunications in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 54 increasing their positions, 41 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
32% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 41
27% more call options, than puts
Call options by funds: $1.22M | Put options by funds: $960K
2% more funds holding
Funds holding: 129 → 132 (+3)
12% less capital invested
Capital invested by funds: $390M → $342M (-$48.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$2.08M |
| 2 |
Morgan Stanley
New York
|
+$2.03M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.02M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2M |
| 5 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$16.5M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.47M |
| 3 |
MA
MUFG Americas
New York
|
-$2.13M |
| 4 |
KBC Group
Brussels,
Belgium
|
-$1.1M |
| 5 |
HPC
HM Payson & Co
Portland,
Maine
|
-$1.05M |
CMTL Hedge Fund Activity: Q3 2013 in Review
132 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q3 2013, worth a combined $342M — down 12% from $390M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CMTL positions and 9 closed out — a net gain of 5 holders — while 54 added to existing stakes and 41 trimmed.
The largest buyer was Nationwide Fund Advisors, adding an estimated $2.08M. The largest seller was Wedge Capital Management, cutting an estimated $16.5M.
- 132 institutional investors held Comtech Telecommunications (CMTL) as of Q3 2013, up from 129 in Q2 2013.
- Funds reported $342M of Comtech Telecommunications stock for Q3 2013, down 12% quarter-over-quarter.
- 14 funds opened new Comtech Telecommunications positions in Q3 2013 and 9 closed out, a net change of +5 holders.
- The largest Comtech Telecommunications buyer in Q3 2013 was Nationwide Fund Advisors, an estimated $2.08M added.
- The largest Comtech Telecommunications seller in Q3 2013 was Wedge Capital Management, an estimated $16.5M sold.
Based on aggregated 13F filings for Q3 2013.