In Q3 2025, three quant funds (Citadel, Two Sigma, RenTech) collectively doubled their CMTL positions to $1.4M, while four mega-passive managers (BlackRock, T. Rowe Price, Invesco, Morgan Stanley) trimmed aggressively, selling off ~$1.1M total. The quant buying signals a potential value or catalyst-driven thesis, but the overwhelming passive selling dwarfs the buying and suggests institutional rotation away from the name.
Executive Summary
In Q3 2025, three quant funds (Citadel, Two Sigma, RenTech) collectively doubled their CMTL positions to $1.4M, while four mega-passive managers (BlackRock, T. Rowe Price, Invesco, Morgan Stanley) trimmed aggressively, selling off ~$1.1M total. The quant buying signals a potential value or catalyst-driven thesis, but the overwhelming passive selling dwarfs the buying and suggests institutional rotation away from the name.
Key Facts
- 3 quant funds (Citadel, Two Sigma, RenTech) accumulated $1.4M (net +$766K), but 4 passive managers sold $1.1M in net value
- BlackRock alone trimmed 42.1% of its position ($1.9M → $1.2M), the largest seller by dollar value
- The cluster is mixed: active quant buying vs. mega-passive trimming; passive selling dominates in absolute dollars
- Market cap is only $128M, so even modest institutional flows can have outsized price impact
Financial Impact
Quant funds added $766K in new CMTL exposure while passive managers removed $1.09M, for a net institutional outflow of ~$324K during the quarter. Given CMTL's $128M market cap, this represents ~0.25% of float in net selling.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CMTL-2025-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 11d ago | EFFECT | $1.39 | awaiting T+60 | — | — |
Oct 16, 2026 11d ago | EFFECT | $1.39 | awaiting T+60 | — | — |
Oct 14, 2026 13d ago | 8-K | $1.45 | awaiting T+60 | — | — |
Oct 14, 2026 13d ago | 8-K | $1.45 | awaiting T+60 | — | — |
Oct 9, 2026 18d ago | 3 | $1.33 | awaiting T+60 | — | — |
Oct 5, 2026 22d ago | 8-K | $1.25 | awaiting T+60 | — | — |
Jun 15, 2026 19w ago | 8-K | $2.76 $1.53 | ▼ −44.46% | ▼ −45.47% | — |
Jun 15, 2026 19w ago | 8-K | $2.76 $1.53 | ▼ −44.46% | ▼ −45.47% | — |
Jun 11, 2026 19w ago | Institutional Cluster | $4.59 $1.56 | ▲ +66.01% | ▲ +70.41% | — |
May 14, 2026 23w ago | 8-K | $3.76 $1.73 | ▼ −53.99% | ▼ −58.50% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers