Comtech Telecommunications
CMTL
178 hedge funds and large institutions have $682M invested in Comtech Telecommunications in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 71 increasing their positions, 51 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
39% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 51
16% more capital invested
Capital invested by funds: $589M → $682M (+$92.7M)
6% more funds holding
Funds holding: 168 → 178 (+10)
0.39% less ownership
Funds ownership: 86.85% → 86.47% (-0.39%)
68% less call options, than puts
Call options by funds: $416K | Put options by funds: $1.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.83M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$3.65M |
| 3 |
JP Morgan Chase
New York
|
+$3.65M |
| 4 |
Renaissance Technologies
New York
|
+$3.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$12.9M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
-$10.9M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.01M |
| 4 |
RA
Royce & Associates
New York
|
-$3.65M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.85M |
CMTL Hedge Fund Activity: Q3 2019 in Review
178 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q3 2019, worth a combined $682M — up 16% from $589M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CMTL positions and 11 closed out — a net gain of 11 holders — while 71 added to existing stakes and 51 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.83M. The largest seller was Huber Capital Management, cutting an estimated $12.9M.
- 178 institutional investors held Comtech Telecommunications (CMTL) as of Q3 2019, up from 168 in Q2 2019.
- Funds reported $682M of Comtech Telecommunications stock for Q3 2019, up 16% quarter-over-quarter.
- 22 funds opened new Comtech Telecommunications positions in Q3 2019 and 11 closed out, a net change of +11 holders.
- The largest Comtech Telecommunications buyer in Q3 2019 was Wells Fargo, an estimated $3.83M added.
- The largest Comtech Telecommunications seller in Q3 2019 was Huber Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2019.