Ciena
CIEN
289 hedge funds and large institutions have $3.37B invested in Ciena in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 114 increasing their positions, 93 reducing their positions, and 55 closing their positions.
62% more call options, than puts
Call options by funds: $93.9M | Put options by funds: $57.8M
23% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 93
3.5% more ownership
Funds ownership: 103.98% → 107.48% (+3.5%)
9% less capital invested
Capital invested by funds: $3.69B → $3.37B (-$326M)
9% less funds holding
Funds holding: 319 → 289 (-30)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
45% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$66.1M |
| 2 |
Neuberger Berman Group
New York
|
+$63.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$63.1M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$44.8M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$44.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$49.8M |
| 2 |
TA
Teachers Advisors
New York
|
-$26M |
| 3 |
Parnassus Investments
San Francisco,
California
|
-$23.9M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$23.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$23.7M |
CIEN Hedge Fund Activity: Q3 2017 in Review
289 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q3 2017, worth a combined $3.37B — down 8.8% from $3.69B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of CIEN and 30 opened new positions — a net loss of 25 holders — while 93 trimmed existing stakes and 114 added.
The largest buyer was AllianceBernstein, adding an estimated $66.1M. The largest seller was TIAA CREF Investment Management, cutting an estimated $49.8M.
- 289 institutional investors held Ciena (CIEN) as of Q3 2017, down from 319 in Q2 2017.
- Funds reported $3.37B of Ciena stock for Q3 2017, down 8.8% quarter-over-quarter.
- 30 funds opened new Ciena positions in Q3 2017 and 55 closed out, a net change of -25 holders.
- The largest Ciena buyer in Q3 2017 was AllianceBernstein, an estimated $66.1M added.
- The largest Ciena seller in Q3 2017 was TIAA CREF Investment Management, an estimated $49.8M sold.
Based on aggregated 13F filings for Q3 2017.