Comtech Telecommunications
CMTL
63 hedge funds and large institutions have $20M invested in Comtech Telecommunications in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 26 reducing their positions, and 15 closing their positions.
1,418% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $90K
4.21% less ownership
Funds ownership: 46.91% → 42.69% (-4.2%)
11% less funds holding
Funds holding: 71 → 63 (-8)
38% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 26
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
63% less capital invested
Capital invested by funds: $54.7M → $20M (-$34.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$588K |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$511K |
| 3 |
Morgan Stanley
New York
|
+$244K |
| 4 |
QF
QVT Financial
New York
|
+$229K |
| 5 |
JP Morgan Chase
New York
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Clearfield Capital Management
New York
|
-$1.02M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$734K |
| 3 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$643K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$489K |
| 5 |
Millennium Management
New York
|
-$369K |
CMTL Hedge Fund Activity: Q1 2025 in Review
63 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q1 2025, worth a combined $20M — down 63% from $54.7M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CMTL and 7 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 16 added.
The largest buyer was Royce & Associates, adding an estimated $588K. The largest seller was Clearfield Capital Management, cutting an estimated $1.02M.
- 63 institutional investors held Comtech Telecommunications (CMTL) as of Q1 2025, down from 71 in Q4 2024.
- Funds reported $20M of Comtech Telecommunications stock for Q1 2025, down 63% quarter-over-quarter.
- 7 funds opened new Comtech Telecommunications positions in Q1 2025 and 15 closed out, a net change of -8 holders.
- The largest Comtech Telecommunications buyer in Q1 2025 was Royce & Associates, an estimated $588K added.
- The largest Comtech Telecommunications seller in Q1 2025 was Clearfield Capital Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2025.