Comtech Telecommunications
CMTL
144 hedge funds and large institutions have $418M invested in Comtech Telecommunications in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 52 reducing their positions, and 22 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
49% more capital invested
Capital invested by funds: $279M → $418M (+$138M)
34% more call options, than puts
Call options by funds: $2.63M | Put options by funds: $1.96M
0.07% more ownership
Funds ownership: 80.66% → 80.73% (+0.07%)
6% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 52
5% less funds holding
Funds holding: 151 → 144 (-7)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$13.5M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$7.53M |
| 3 |
BlackRock
New York
|
+$4.35M |
| 4 |
RA
Royce & Associates
New York
|
+$2.2M |
| 5 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$5.66M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$4.81M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$4.4M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.96M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.91M |
CMTL Hedge Fund Activity: Q4 2020 in Review
144 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q4 2020, worth a combined $418M — up 49% from $279M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CMTL and 15 opened new positions — a net loss of 7 holders — while 52 trimmed existing stakes and 49 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $13.5M. The largest seller was Renaissance Technologies, cutting an estimated $5.66M.
- 144 institutional investors held Comtech Telecommunications (CMTL) as of Q4 2020, down from 151 in Q3 2020.
- Funds reported $418M of Comtech Telecommunications stock for Q4 2020, up 49% quarter-over-quarter.
- 15 funds opened new Comtech Telecommunications positions in Q4 2020 and 22 closed out, a net change of -7 holders.
- The largest Comtech Telecommunications buyer in Q4 2020 was Paradigm Capital Management Inc, an estimated $13.5M added.
- The largest Comtech Telecommunications seller in Q4 2020 was Renaissance Technologies, an estimated $5.66M sold.
Based on aggregated 13F filings for Q4 2020.