Comtech Telecommunications
CMTL
112 hedge funds and large institutions have $287M invested in Comtech Telecommunications in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 31 reducing their positions, and 21 closing their positions.
3,496% more call options, than puts
Call options by funds: $2.66M | Put options by funds: $74K
61% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 31
23% more capital invested
Capital invested by funds: $234M → $287M (+$52.7M)
1.31% less ownership
Funds ownership: 83.97% → 82.66% (-1.3%)
10% less funds holding
Funds holding: 125 → 112 (-13)
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$36.7M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$2.84M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$2.83M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.73M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.12M |
| 2 |
Renaissance Technologies
New York
|
-$2.96M |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
-$2.43M |
| 4 |
JP Morgan Chase
New York
|
-$1.63M |
| 5 |
FM
Fondren Management
Houston,
Texas
|
-$1.42M |
CMTL Hedge Fund Activity: Q1 2017 in Review
112 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q1 2017, worth a combined $287M — up 23% from $234M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CMTL and 14 opened new positions — a net loss of 7 holders — while 31 trimmed existing stakes and 50 added.
The largest buyer was BlackRock, adding an estimated $36.7M. The largest seller was Vanguard Group, cutting an estimated $4.12M.
- 112 institutional investors held Comtech Telecommunications (CMTL) as of Q1 2017, down from 125 in Q4 2016.
- Funds reported $287M of Comtech Telecommunications stock for Q1 2017, up 23% quarter-over-quarter.
- 14 funds opened new Comtech Telecommunications positions in Q1 2017 and 21 closed out, a net change of -7 holders.
- The largest Comtech Telecommunications buyer in Q1 2017 was BlackRock, an estimated $36.7M added.
- The largest Comtech Telecommunications seller in Q1 2017 was Vanguard Group, an estimated $4.12M sold.
Based on aggregated 13F filings for Q1 2017.