Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Comtech Telecommunications C (CMTL)

82 + Investors. Track Smart Money conviction in CMTL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
2Q ▲
Buyers last Q
66%

Smart Money Signals — CMTL

Based on 82 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added CMTL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🔻

Below peak — only 60% of 3.0Y high

60% of all-time peak
Only 82 funds hold CMTL today versus a peak of 137 funds at 2023 Q2 — just 60% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 66% buying

51 buying26 selling
Last quarter: 51 funds were net buyers (21 opened a brand new position + 30 added to an existing one). Only 26 were sellers (17 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new CMTL position: 7 → 10 → 15 → 21. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 18% medium ■ 20% new
51 out of 82 hedge funds have held CMTL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +14%, value -30%

Value
-29%
Shares
+14%
Last quarter: funds added +14% more shares while total portfolio value only changed -30%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

7 → 7 → 10 → 15 → 21 new funds/Q
New funds entering each quarter: 7 → 10 → 15 → 21. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 80% of holders stayed 2+ years

■ 80% veterans ■ 7% 1-2yr ■ 13% new
Of 85 current holders: 68 (80%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
24 of 82 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
1.8
out of 10
Low Exit Risk
Exit risk score 1.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CMTL

In 2026 Q1, 51 hedge funds were net buyers of CMTL (21 opened a new position, 30 added to an existing one), while 26 reduced or exited (17 trimmed, 9 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 82.

Hedge Fund Ownership: CMTL

How many hedge funds hold CMTL — quarterly history vs. share price
Quarterly hedge fund ownership of CMTL vs. share price

Market Analysis: CMTL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CMTL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Comtech Telecommunications C (CMTL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CMTL has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
CMTL
+45.5%
XLK
+39.1%

CMTL outperformed XLK by +6.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
CMTL
+28.5%
XLK
+4.8%

Since the filing became public, CMTL outperformed XLK by +23.7% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: CMTL
82 + Investors

Track Smart Money conviction in CMTL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 82 70 17.14%
13F Shares 16M 14M 14.29%
Total Value $51M $73M -29.83%
New Positions 21 15 +6
Increased Positions 29 19 +10
Closed Positions 9 10 -1
Reduced Positions 16 21 -5
Total Calls 1 3 -66.67%
Total Puts 2 2 -
PUT/CALL Ratio 2.0 0.67 Bearish

Statistics: CMTL

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Income Statement & Cash Flow
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

82 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CMTL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CMTL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Beartown Capital Management, LLC 0.40% 251,881 $836K
2 QVT Financial LP 0.39% 1,694,467 $5.3M
3 Pacific Ridge Capital Partners, LLC 0.33% 463,784 $1.5M
4 Needham Investment Management LLC 0.20% 1,174,300 $3.9M
5 Mount Lucas Management LP 0.20% 160,000 $531K
6 Globeflex Capital L P 0.10% 197,120 $654K
7 Verdad Advisers, LP 0.07% 19,099 $63K
8 Royce & Associates LP 0.06% 1,716,098 $5.7M
9 Integrated Quantitative Investments LLC 0.03% 53,630 $178K
10 Beacon Pointe Advisors, LLC 0.02% 1,246,044 $4.1M
11 Tcw Group Inc 0.02% 726,806 $2.4M
12 Dynamic Technology Lab Private Ltd 0.01% 27,720 $92K
13 Bridgeway Capital Management, LLC 0.01% 164,989 $548K
14 Hillsdale Investment Management Inc. 0.01% 71,200 $236K
15 Catalyst Funds Management Pty Ltd 0.01% 11,054 $37K
16 Occudo Quantitative Strategies LP 0.01% 27,847 $98K
17 Axq Capital, LP 0.01% 11,749 $39K
18 XTX Topco Ltd 0.00% 71,180 $236K
19 Engineers Gate Manager LP 0.00% 97,053 $322K
20 Mml Investors Services, LLC 0.00% 390,319 $1.3M
21 Marshall Wace, LLP 0.00% 867,137 $2.9M
22 Graham Capital Management, L.P. 0.00% 34,357 $114K
23 Jump Financial, LLC 0.00% 55,590 $185K
24 Two Sigma Advisers, LP 0.00% 168,693 $892K
25 Renaissance Technologies LLC 0.00% 235,649 $782K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Comtech Telecommunications C (CMTL)

What does the Smart Money Trend signal show for CMTL?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added CMTL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CMTL?

More buyers than sellers — 66% buying: Last quarter: 51 funds were net buyers (21 opened a brand new position + 30 added to an existing one). Only 26 were sellers (17 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CMTL holders?

Smaller funds dominant — 18% AUM from top-100: 24 of 82 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held CMTL?

62% of holders stayed for 2+ years: 51 out of 82 hedge funds have held CMTL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Comtech Telecommunications C (CMTL) following the 2026 Q1 hedge fund 13F filings?

As of today, CMTL has moved +28.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of +23.7%. Since the quarter end (March 31, 2026), CMTL has gained +45.5% vs +39.1% for XLK. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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