Comtech Telecommunications
CMTL
145 hedge funds and large institutions have $412M invested in Comtech Telecommunications in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 46 reducing their positions, and 20 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 46
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
1% less funds holding
Funds holding: 147 → 145 (-2)
15% less capital invested
Capital invested by funds: $487M → $412M (-$75.3M)
60% less call options, than puts
Call options by funds: $708K | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$7.82M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$5.46M |
| 3 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$3.62M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.4M |
| 5 |
QI
QS Investors
New York
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.62M |
| 2 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
-$5.66M |
| 3 |
RA
Royce & Associates
New York
|
-$4.61M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.62M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
-$2.72M |
CMTL Hedge Fund Activity: Q4 2014 in Review
145 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q4 2014, worth a combined $412M — down 15% from $487M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CMTL positions and 20 closed out — a net gain of 2 holders — while 54 added to existing stakes and 46 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $7.82M. The largest seller was Royal Bank of Canada, cutting an estimated $7.62M.
- 145 institutional investors held Comtech Telecommunications (CMTL) as of Q4 2014, down from 147 in Q3 2014.
- Funds reported $412M of Comtech Telecommunications stock for Q4 2014, down 15% quarter-over-quarter.
- 22 funds opened new Comtech Telecommunications positions in Q4 2014 and 20 closed out, a net change of +2 holders.
- The largest Comtech Telecommunications buyer in Q4 2014 was First Eagle Investment Management, an estimated $7.82M added.
- The largest Comtech Telecommunications seller in Q4 2014 was Royal Bank of Canada, an estimated $7.62M sold.
Based on aggregated 13F filings for Q4 2014.