Comtech Telecommunications
CMTL
131 hedge funds and large institutions have $317M invested in Comtech Telecommunications in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 28 reducing their positions, and 12 closing their positions.
132% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 28
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
37% more call options, than puts
Call options by funds: $300K | Put options by funds: $219K
18% more capital invested
Capital invested by funds: $269M → $317M (+$47.9M)
6% more funds holding
Funds holding: 124 → 131 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$7.14M |
| 2 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$2.57M |
| 3 |
Renaissance Technologies
New York
|
+$1.38M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$1.19M |
| 5 |
ST
Sentinel Trust
Houston,
Texas
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$8.33M |
| 2 |
Millennium Management
New York
|
-$3.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.81M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
-$2.44M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$683K |
CMTL Hedge Fund Activity: Q1 2016 in Review
131 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q1 2016, worth a combined $317M — up 18% from $269M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CMTL positions and 12 closed out — a net gain of 7 holders — while 65 added to existing stakes and 28 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $7.14M. The largest seller was First Eagle Investment Management, cutting an estimated $8.33M.
- 131 institutional investors held Comtech Telecommunications (CMTL) as of Q1 2016, up from 124 in Q4 2015.
- Funds reported $317M of Comtech Telecommunications stock for Q1 2016, up 18% quarter-over-quarter.
- 19 funds opened new Comtech Telecommunications positions in Q1 2016 and 12 closed out, a net change of +7 holders.
- The largest Comtech Telecommunications buyer in Q1 2016 was JP Morgan Chase, an estimated $7.14M added.
- The largest Comtech Telecommunications seller in Q1 2016 was First Eagle Investment Management, an estimated $8.33M sold.
Based on aggregated 13F filings for Q1 2016.