Comtech Telecommunications
CMTL
135 hedge funds and large institutions have $432M invested in Comtech Telecommunications in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 54 reducing their positions, and 18 closing their positions.
2,626% more call options, than puts
Call options by funds: $5.92M | Put options by funds: $217K
26% more capital invested
Capital invested by funds: $342M → $432M (+$89.6M)
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
2% more funds holding
Funds holding: 132 → 135 (+3)
28% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$18.3M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$5.16M |
| 3 |
Renaissance Technologies
New York
|
+$3.53M |
| 4 |
JG
Jefferies Group
New York
|
+$3.06M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.2M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$15.2M |
| 3 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
-$3.86M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$3.34M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.75M |
CMTL Hedge Fund Activity: Q4 2013 in Review
135 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q4 2013, worth a combined $432M — up 26% from $342M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CMTL positions and 18 closed out — a net gain of 4 holders — while 39 added to existing stakes and 54 trimmed.
The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $18.3M. The largest seller was Fidelity Investments, cutting an estimated $16.2M.
- 135 institutional investors held Comtech Telecommunications (CMTL) as of Q4 2013, up from 132 in Q3 2013.
- Funds reported $432M of Comtech Telecommunications stock for Q4 2013, up 26% quarter-over-quarter.
- 22 funds opened new Comtech Telecommunications positions in Q4 2013 and 18 closed out, a net change of +4 holders.
- The largest Comtech Telecommunications buyer in Q4 2013 was First Eagle Investment Management, an estimated $18.3M added.
- The largest Comtech Telecommunications seller in Q4 2013 was Fidelity Investments, an estimated $16.2M sold.
Based on aggregated 13F filings for Q4 2013.