Comtech Telecommunications
CMTL
147 hedge funds and large institutions have $266M invested in Comtech Telecommunications in 2016 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 57 increasing their positions, 33 reducing their positions, and 19 closing their positions.
89% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 19
73% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 33
12% more funds holding
Funds holding: 131 → 147 (+16)
16% less capital invested
Capital invested by funds: $317M → $266M (-$51.1M)
65% less call options, than puts
Call options by funds: $591K | Put options by funds: $1.67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$22.1M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$17.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$12.3M |
| 4 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$8.09M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
+$7.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$4.29M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.06M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.99M |
| 4 |
Morgan Stanley
New York
|
-$1.8M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.76M |
CMTL Hedge Fund Activity: Q2 2016 in Review
147 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q2 2016, worth a combined $266M — down 16% from $317M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CMTL positions and 19 closed out — a net gain of 17 holders — while 57 added to existing stakes and 33 trimmed.
The largest buyer was Citigroup, adding an estimated $22.1M. The largest seller was First Eagle Investment Management, cutting an estimated $4.29M.
- 147 institutional investors held Comtech Telecommunications (CMTL) as of Q2 2016, up from 131 in Q1 2016.
- Funds reported $266M of Comtech Telecommunications stock for Q2 2016, down 16% quarter-over-quarter.
- 36 funds opened new Comtech Telecommunications positions in Q2 2016 and 19 closed out, a net change of +17 holders.
- The largest Comtech Telecommunications buyer in Q2 2016 was Citigroup, an estimated $22.1M added.
- The largest Comtech Telecommunications seller in Q2 2016 was First Eagle Investment Management, an estimated $4.29M sold.
Based on aggregated 13F filings for Q2 2016.