Comtech Telecommunications
CMTL
137 hedge funds and large institutions have $259M invested in Comtech Telecommunications in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 48 increasing their positions, 43 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
14% more call options, than puts
Call options by funds: $367K | Put options by funds: $322K
12% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 43
10% more capital invested
Capital invested by funds: $235M → $259M (+$24M)
4.72% more ownership
Funds ownership: 69.62% → 74.34% (+4.7%)
5% more funds holding
Funds holding: 131 → 137 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$5.15M |
| 2 |
First Eagle Investment Management
New York
|
+$1.92M |
| 3 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$1.78M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.23M |
| 5 |
Two Sigma Advisers
New York
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$8.8M |
| 2 |
AR
Acacia Research
New York
|
-$2.94M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$2.35M |
| 4 |
BlackRock
New York
|
-$1.14M |
| 5 |
CC
Clearline Capital
New York
|
-$910K |
CMTL Hedge Fund Activity: Q1 2023 in Review
137 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q1 2023, worth a combined $259M — up 10% from $235M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CMTL positions and 8 closed out — a net gain of 7 holders — while 48 added to existing stakes and 43 trimmed.
The largest buyer was Freshford Capital Management, opening a new position worth an estimated $5.15M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $8.8M sold.
- 137 institutional investors held Comtech Telecommunications (CMTL) as of Q1 2023, up from 131 in Q4 2022.
- Funds reported $259M of Comtech Telecommunications stock for Q1 2023, up 10% quarter-over-quarter.
- 15 funds opened new Comtech Telecommunications positions in Q1 2023 and 8 closed out, a net change of +7 holders.
- The largest Comtech Telecommunications buyer in Q1 2023 was Freshford Capital Management, an estimated $5.15M added.
- The largest Comtech Telecommunications seller in Q1 2023 was Cooper Creek Partners Management, an estimated $8.8M sold.
Based on aggregated 13F filings for Q1 2023.