Comtech Telecommunications
CMTL
155 hedge funds and large institutions have $623M invested in Comtech Telecommunications in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 61 reducing their positions, and 22 closing their positions.
257% more call options, than puts
Call options by funds: $3.24M | Put options by funds: $909K
36% more capital invested
Capital invested by funds: $459M → $623M (+$165M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.41% more ownership
Funds ownership: 87.88% → 88.29% (+0.41%)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
1% less funds holding
Funds holding: 156 → 155 (-1)
18% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$6.59M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.33M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$4.09M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$3.59M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$4.9M |
| 2 |
RA
Royce & Associates
New York
|
-$2.7M |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
-$2.42M |
| 4 |
SIM
Spark Investment Management
New York
|
-$2.38M |
| 5 |
IA
IndexIQ Advisors
New York
|
-$2.11M |
CMTL Hedge Fund Activity: Q1 2018 in Review
155 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q1 2018, worth a combined $623M — up 36% from $459M a quarter earlier.
Fund positioning in CMTL was balanced in Q1 2018: 22 funds opened new positions, 22 closed out, 50 added to existing stakes and 61 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $6.59M. The largest seller was Peregrine Capital Management, exiting entirely with an estimated $4.9M sold.
- 155 institutional investors held Comtech Telecommunications (CMTL) as of Q1 2018, down from 156 in Q4 2017.
- Funds reported $623M of Comtech Telecommunications stock for Q1 2018, up 36% quarter-over-quarter.
- 22 funds opened new Comtech Telecommunications positions in Q1 2018 and 22 closed out, a net change of 0 holders.
- The largest Comtech Telecommunications buyer in Q1 2018 was Intrinsic Edge Capital Management, an estimated $6.59M added.
- The largest Comtech Telecommunications seller in Q1 2018 was Peregrine Capital Management, an estimated $4.9M sold.
Based on aggregated 13F filings for Q1 2018.