Comtech Telecommunications
CMTL
126 hedge funds and large institutions have $252M invested in Comtech Telecommunications in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 61 increasing their positions, 39 reducing their positions, and 30 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 39
28% more call options, than puts
Call options by funds: $2.76M | Put options by funds: $2.16M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $266M → $252M (-$14.1M)
14% less funds holding
Funds holding: 147 → 126 (-21)
67% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$5.58M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$4.16M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.66M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.63M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$11.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.84M |
| 3 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$4.95M |
| 4 |
JP Morgan Chase
New York
|
-$3.86M |
| 5 |
First Eagle Investment Management
New York
|
-$3.47M |
CMTL Hedge Fund Activity: Q3 2016 in Review
126 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q3 2016, worth a combined $252M — down 5.3% from $266M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of CMTL and 10 opened new positions — a net loss of 20 holders — while 39 trimmed existing stakes and 61 added.
The largest buyer was Cooper Creek Partners Management, adding an estimated $5.58M. The largest seller was Citigroup, cutting an estimated $11.2M.
- 126 institutional investors held Comtech Telecommunications (CMTL) as of Q3 2016, down from 147 in Q2 2016.
- Funds reported $252M of Comtech Telecommunications stock for Q3 2016, down 5.3% quarter-over-quarter.
- 10 funds opened new Comtech Telecommunications positions in Q3 2016 and 30 closed out, a net change of -20 holders.
- The largest Comtech Telecommunications buyer in Q3 2016 was Cooper Creek Partners Management, an estimated $5.58M added.
- The largest Comtech Telecommunications seller in Q3 2016 was Citigroup, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2016.