Comtech Telecommunications
CMTL
151 hedge funds and large institutions have $279M invested in Comtech Telecommunications in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 53 increasing their positions, 54 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 54
1.11% less ownership
Funds ownership: 81.77% → 80.66% (-1.1%)
2% less funds holding
Funds holding: 154 → 151 (-3)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
18% less capital invested
Capital invested by funds: $341M → $279M (-$61.6M)
21% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $2.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.1M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$4.13M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.76M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.8M |
| 5 |
Morgan Stanley
New York
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$6.81M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$3.98M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$3.96M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$2.06M |
| 5 |
Renaissance Technologies
New York
|
-$1.89M |
CMTL Hedge Fund Activity: Q3 2020 in Review
151 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q3 2020, worth a combined $279M — down 18% from $341M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CMTL and 14 opened new positions — a net loss of 3 holders — while 54 trimmed existing stakes and 53 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $5.1M. The largest seller was Huber Capital Management, cutting an estimated $6.81M.
- 151 institutional investors held Comtech Telecommunications (CMTL) as of Q3 2020, down from 154 in Q2 2020.
- Funds reported $279M of Comtech Telecommunications stock for Q3 2020, down 18% quarter-over-quarter.
- 14 funds opened new Comtech Telecommunications positions in Q3 2020 and 17 closed out, a net change of -3 holders.
- The largest Comtech Telecommunications buyer in Q3 2020 was Hotchkis & Wiley Capital Management, an estimated $5.1M added.
- The largest Comtech Telecommunications seller in Q3 2020 was Huber Capital Management, an estimated $6.81M sold.
Based on aggregated 13F filings for Q3 2020.