Ciena
CIEN
473 hedge funds and large institutions have $5.47B invested in Ciena in 2020 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 166 increasing their positions, 173 reducing their positions, and 87 closing their positions.
1% more call options, than puts
Call options by funds: $114M | Put options by funds: $113M
0.42% less ownership
Funds ownership: 89.72% → 89.31% (-0.42%)
4% less repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 173
3% less funds holding
Funds holding: 487 → 473 (-14)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
13% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 87
27% less capital invested
Capital invested by funds: $7.47B → $5.47B (-$2B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
+$60.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$56.5M |
| 3 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
+$52.8M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$43.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Polar Capital
London,
United Kingdom
|
-$99.1M |
| 2 |
BlackRock
New York
|
-$37.5M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$32.1M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$29.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$29.7M |
CIEN Hedge Fund Activity: Q3 2020 in Review
473 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q3 2020, worth a combined $5.47B — down 27% from $7.47B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of CIEN and 76 opened new positions — a net loss of 11 holders — while 173 trimmed existing stakes and 166 added.
The largest buyer was Fort Pitt Capital Group, opening a new position worth an estimated $60.4M. The largest seller was Polar Capital, exiting entirely with an estimated $99.1M sold.
- 473 institutional investors held Ciena (CIEN) as of Q3 2020, down from 487 in Q2 2020.
- Funds reported $5.47B of Ciena stock for Q3 2020, down 27% quarter-over-quarter.
- 76 funds opened new Ciena positions in Q3 2020 and 87 closed out, a net change of -11 holders.
- The largest Ciena buyer in Q3 2020 was Fort Pitt Capital Group, an estimated $60.4M added.
- The largest Ciena seller in Q3 2020 was Polar Capital, an estimated $99.1M sold.
Based on aggregated 13F filings for Q3 2020.