The activity of convectively coupled equatorial waves (CCEWs), including Kelvin waves, Mixed Rossby-Gravity (MRG), and Equatorial Rossby (ER), in the tropical tropopause layer (TTL) is investigated in the Reanalysis and nine high-top CMIP5 models using the zonal wave number-frequency spectral analysis with equatorially symmetric-antisymmetric decomposition. We found that the TTL activities in the high-top CMIP5 models show significant difference among the high-top CMIP5 models with respect to the observation. The MIROC and HadGEM2-CC models work best in simulating Kelvin wave in the TTL, while the HadGEM2-CC and MPI-ESM-LR models work best in simulating MRG waves. The ER waves in TTL are best simulated in the MRI-CGCM model. None of the models are good in simulating all waves at once. It is concluded that the broad range of wave activity found in the different CMIP5 models depend on the convective parameterization used by each model and the representation of the tropical stratosphere variability, including the QBO.