Comtech Telecommunications
CMTL
125 hedge funds and large institutions have $234M invested in Comtech Telecommunications in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 22 closing their positions.
83.97% more ownership
Funds ownership: 0% → 83.97% (+84%)
13% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 38
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
1% less funds holding
Funds holding: 126 → 125 (-1)
7% less call options, than puts
Call options by funds: $1.66M | Put options by funds: $1.79M
7% less capital invested
Capital invested by funds: $252M → $234M (-$17.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$13M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$5.01M |
| 3 |
Bank of New York Mellon
New York
|
+$3.72M |
| 4 |
RA
Royce & Associates
New York
|
+$3.63M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$10.3M |
| 2 |
First Eagle Investment Management
New York
|
-$9.64M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.13M |
| 4 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$3.16M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.99M |
CMTL Hedge Fund Activity: Q4 2016 in Review
125 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q4 2016, worth a combined $234M — down 7.1% from $252M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CMTL positions and 22 closed out — a net gain of 1 holder — while 43 added to existing stakes and 38 trimmed.
The largest buyer was Huber Capital Management, adding an estimated $13M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $10.3M sold.
- 125 institutional investors held Comtech Telecommunications (CMTL) as of Q4 2016, down from 126 in Q3 2016.
- Funds reported $234M of Comtech Telecommunications stock for Q4 2016, down 7.1% quarter-over-quarter.
- 23 funds opened new Comtech Telecommunications positions in Q4 2016 and 22 closed out, a net change of +1 holder.
- The largest Comtech Telecommunications buyer in Q4 2016 was Huber Capital Management, an estimated $13M added.
- The largest Comtech Telecommunications seller in Q4 2016 was Cooper Creek Partners Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2016.