Comtech Telecommunications
CMTL
169 hedge funds and large institutions have $772M invested in Comtech Telecommunications in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 65 increasing their positions, 66 reducing their positions, and 24 closing their positions.
13% more capital invested
Capital invested by funds: $682M → $772M (+$90.2M)
2.78% more ownership
Funds ownership: 86.47% → 89.25% (+2.8%)
2% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 66
5% less funds holding
Funds holding: 178 → 169 (-9)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
60% less call options, than puts
Call options by funds: $21K | Put options by funds: $53K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.6M |
| 2 |
Morgan Stanley
New York
|
+$12.9M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$7.66M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.05M |
| 5 |
Renaissance Technologies
New York
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$7.39M |
| 2 |
Millennium Management
New York
|
-$6.39M |
| 3 |
RA
Royce & Associates
New York
|
-$4.88M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$4.77M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
-$3.53M |
CMTL Hedge Fund Activity: Q4 2019 in Review
169 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q4 2019, worth a combined $772M — up 13% from $682M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CMTL and 15 opened new positions — a net loss of 9 holders — while 66 trimmed existing stakes and 65 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $19.6M. The largest seller was Marshall Wace, exiting entirely with an estimated $7.39M sold.
- 169 institutional investors held Comtech Telecommunications (CMTL) as of Q4 2019, down from 178 in Q3 2019.
- Funds reported $772M of Comtech Telecommunications stock for Q4 2019, up 13% quarter-over-quarter.
- 15 funds opened new Comtech Telecommunications positions in Q4 2019 and 24 closed out, a net change of -9 holders.
- The largest Comtech Telecommunications buyer in Q4 2019 was Lord, Abbett & Co, an estimated $19.6M added.
- The largest Comtech Telecommunications seller in Q4 2019 was Marshall Wace, an estimated $7.39M sold.
Based on aggregated 13F filings for Q4 2019.