Comtech Telecommunications
CMTL
128 hedge funds and large institutions have $278M invested in Comtech Telecommunications in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 52 increasing their positions, 40 reducing their positions, and 20 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 40
4% less funds holding
Funds holding: 134 → 128 (-6)
30% less capital invested
Capital invested by funds: $396M → $278M (-$118M)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
77% less call options, than puts
Call options by funds: $377K | Put options by funds: $1.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.31M |
| 2 |
RA
Royce & Associates
New York
|
+$3.3M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.17M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.35M |
| 5 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$3.13M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.8M |
| 3 |
First Eagle Investment Management
New York
|
-$1.97M |
| 4 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$1.79M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.05M |
CMTL Hedge Fund Activity: Q3 2015 in Review
128 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q3 2015, worth a combined $278M — down 30% from $396M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CMTL and 14 opened new positions — a net loss of 6 holders — while 40 trimmed existing stakes and 52 added.
The largest buyer was Morgan Stanley, adding an estimated $3.31M. The largest seller was Boston Partners, cutting an estimated $3.13M.
- 128 institutional investors held Comtech Telecommunications (CMTL) as of Q3 2015, down from 134 in Q2 2015.
- Funds reported $278M of Comtech Telecommunications stock for Q3 2015, down 30% quarter-over-quarter.
- 14 funds opened new Comtech Telecommunications positions in Q3 2015 and 20 closed out, a net change of -6 holders.
- The largest Comtech Telecommunications buyer in Q3 2015 was Morgan Stanley, an estimated $3.31M added.
- The largest Comtech Telecommunications seller in Q3 2015 was Boston Partners, an estimated $3.13M sold.
Based on aggregated 13F filings for Q3 2015.