Comtech Telecommunications
CMTL
165 hedge funds and large institutions have $764M invested in Comtech Telecommunications in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 60 reducing their positions, and 12 closing their positions.
1,459% more call options, than puts
Call options by funds: $17M | Put options by funds: $1.09M
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
16% more capital invested
Capital invested by funds: $656M → $764M (+$108M)
5% more funds holding
Funds holding: 157 → 165 (+8)
1.33% more ownership
Funds ownership: 87.08% → 88.4% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$15.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$6.6M |
| 3 |
Renaissance Technologies
New York
|
+$5.63M |
| 4 |
Goldman Sachs
New York
|
+$4.5M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$5.42M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$4.3M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$4.15M |
| 4 |
RA
Royce & Associates
New York
|
-$3.04M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.96M |
CMTL Hedge Fund Activity: Q3 2018 in Review
165 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q3 2018, worth a combined $764M — up 16% from $656M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CMTL positions and 12 closed out — a net gain of 9 holders — while 54 added to existing stakes and 60 trimmed.
The largest buyer was Ceredex Value Advisors, opening a new position worth an estimated $15.5M. The largest seller was Huber Capital Management, cutting an estimated $5.42M.
- 165 institutional investors held Comtech Telecommunications (CMTL) as of Q3 2018, up from 157 in Q2 2018.
- Funds reported $764M of Comtech Telecommunications stock for Q3 2018, up 16% quarter-over-quarter.
- 21 funds opened new Comtech Telecommunications positions in Q3 2018 and 12 closed out, a net change of +9 holders.
- The largest Comtech Telecommunications buyer in Q3 2018 was Ceredex Value Advisors, an estimated $15.5M added.
- The largest Comtech Telecommunications seller in Q3 2018 was Huber Capital Management, an estimated $5.42M sold.
Based on aggregated 13F filings for Q3 2018.