Ciena
CIEN
275 hedge funds and large institutions have $2.62B invested in Ciena in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 103 increasing their positions, 91 reducing their positions, and 60 closing their positions.
67% more call options, than puts
Call options by funds: $55.5M | Put options by funds: $33.2M
13% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 91
4.01% less ownership
Funds ownership: 104.77% → 100.75% (-4%)
8% less funds holding
Funds holding: 298 → 275 (-23)
11% less capital invested
Capital invested by funds: $2.94B → $2.62B (-$318M)
35% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 60
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$21.1M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$18.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$18M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$17.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$70.4M |
| 2 |
JP Morgan Chase
New York
|
-$58.1M |
| 3 |
CCI
Columbus Circle Investors
|
-$36.4M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$26.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$18.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFBT
326
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$3K | -142 | Closed |
|
327
AssetMark Inc
Concord,
California
| – | -$1K | -49 | Closed |
|
|
WA
328
WFG Advisors
Dallas,
Texas
| – | +$18 | +1 | New |
|
CIEN Hedge Fund Activity: Q1 2016 in Review
275 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q1 2016, worth a combined $2.62B — down 11% from $2.94B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of CIEN and 39 opened new positions — a net loss of 21 holders — while 91 trimmed existing stakes and 103 added.
The largest buyer was Carlson Capital, adding an estimated $21.1M. The largest seller was Wellington Management Group, cutting an estimated $70.4M.
- 275 institutional investors held Ciena (CIEN) as of Q1 2016, down from 298 in Q4 2015.
- Funds reported $2.62B of Ciena stock for Q1 2016, down 11% quarter-over-quarter.
- 39 funds opened new Ciena positions in Q1 2016 and 60 closed out, a net change of -21 holders.
- The largest Ciena buyer in Q1 2016 was Carlson Capital, an estimated $21.1M added.
- The largest Ciena seller in Q1 2016 was Wellington Management Group, an estimated $70.4M sold.
Based on aggregated 13F filings for Q1 2016.