Ciena
CIEN
270 hedge funds and large institutions have $3.05B invested in Ciena in 2014 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 97 increasing their positions, 75 reducing their positions, and 30 closing their positions.
117% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 30
38% more call options, than puts
Call options by funds: $119M | Put options by funds: $86.3M
29% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 75
13% more funds holding
Funds holding: 238 → 270 (+32)
5.57% more ownership
Funds ownership: 101.97% → 107.54% (+5.6%)
13% less capital invested
Capital invested by funds: $3.5B → $3.05B (-$450M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$116M |
| 2 |
CCI
Columbus Circle Investors
|
+$37.6M |
| 3 |
ECM
Empire Capital Management
Westport,
Connecticut
|
+$21.2M |
| 4 |
Bank of New York Mellon
New York
|
+$20.2M |
| 5 |
ACM
Apex Capital Management
Dayton,
Ohio
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$85M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$24.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$19.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.7M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$10.2M |
CIEN Hedge Fund Activity: Q1 2014 in Review
270 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q1 2014, worth a combined $3.05B — down 13% from $3.5B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new CIEN positions and 30 closed out — a net gain of 35 holders — while 97 added to existing stakes and 75 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $116M. The largest seller was AllianceBernstein, cutting an estimated $85M.
- 270 institutional investors held Ciena (CIEN) as of Q1 2014, up from 238 in Q4 2013.
- Funds reported $3.05B of Ciena stock for Q1 2014, down 13% quarter-over-quarter.
- 65 funds opened new Ciena positions in Q1 2014 and 30 closed out, a net change of +35 holders.
- The largest Ciena buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $116M added.
- The largest Ciena seller in Q1 2014 was AllianceBernstein, an estimated $85M sold.
Based on aggregated 13F filings for Q1 2014.