Comtech Telecommunications
CMTL
70 hedge funds and large institutions have $71.8M invested in Comtech Telecommunications in 2025 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 9 closing their positions.
115% more call options, than puts
Call options by funds: $927K | Put options by funds: $432K
114% more capital invested
Capital invested by funds: $33.5M → $71.8M (+$38.3M)
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
11% more funds holding
Funds holding: 63 → 70 (+7)
1.53% more ownership
Funds ownership: 44.56% → 46.09% (+1.5%)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
+$1.33M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.15M |
| 3 |
Jane Street
New York
|
+$625K |
| 4 |
Two Sigma Investments
New York
|
+$408K |
| 5 |
Squarepoint
New York
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
Needham Investment Management
New York
|
-$1.68M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.36M |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$818K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$542K |
| 5 |
Renaissance Technologies
New York
|
-$350K |
CMTL Hedge Fund Activity: Q4 2025 in Review
70 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Comtech Telecommunications (CMTL) for Q4 2025, worth a combined $71.8M — up 114% from $33.5M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CMTL positions and 9 closed out — a net gain of 7 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was QVT Financial, adding an estimated $1.33M. The largest seller was Needham Investment Management, cutting an estimated $1.68M.
- 70 institutional investors held Comtech Telecommunications (CMTL) as of Q4 2025, up from 63 in Q3 2025.
- Funds reported $71.8M of Comtech Telecommunications stock for Q4 2025, up 114% quarter-over-quarter.
- 16 funds opened new Comtech Telecommunications positions in Q4 2025 and 9 closed out, a net change of +7 holders.
- The largest Comtech Telecommunications buyer in Q4 2025 was QVT Financial, an estimated $1.33M added.
- The largest Comtech Telecommunications seller in Q4 2025 was Needham Investment Management, an estimated $1.68M sold.
Based on aggregated 13F filings for Q4 2025.