Comtech Telecommunications
CMTL
154 hedge funds and large institutions have $341M invested in Comtech Telecommunications in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 47 reducing their positions, and 31 closing their positions.
79% more call options, than puts
Call options by funds: $2.26M | Put options by funds: $1.27M
23% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 47
20% more capital invested
Capital invested by funds: $284M → $341M (+$56.8M)
3% less funds holding
Funds holding: 158 → 154 (-4)
4.74% less ownership
Funds ownership: 86.51% → 81.77% (-4.7%)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$8.49M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$3.51M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.67M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.62M |
| 5 |
JP Morgan Chase
New York
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.36M |
| 3 |
Renaissance Technologies
New York
|
-$5.74M |
| 4 |
Goldman Sachs
New York
|
-$3.92M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$3.63M |
CMTL Hedge Fund Activity: Q2 2020 in Review
154 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q2 2020, worth a combined $341M — up 20% from $284M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of CMTL and 27 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 58 added.
The largest buyer was Nordea Investment Management, opening a new position worth an estimated $8.49M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $7M sold.
- 154 institutional investors held Comtech Telecommunications (CMTL) as of Q2 2020, down from 158 in Q1 2020.
- Funds reported $341M of Comtech Telecommunications stock for Q2 2020, up 20% quarter-over-quarter.
- 27 funds opened new Comtech Telecommunications positions in Q2 2020 and 31 closed out, a net change of -4 holders.
- The largest Comtech Telecommunications buyer in Q2 2020 was Nordea Investment Management, an estimated $8.49M added.
- The largest Comtech Telecommunications seller in Q2 2020 was Rubric Capital Management (New York), an estimated $7M sold.
Based on aggregated 13F filings for Q2 2020.