Ciena
CIEN
418 hedge funds and large institutions have $5.49B invested in Ciena in 2020 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 151 increasing their positions, 140 reducing their positions, and 70 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
14% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 70
1% more funds holding
Funds holding: 413 → 418 (+5)
8% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 140
0% more call options, than puts
Call options by funds: $95.7M | Put options by funds: $95.3M
2.86% less ownership
Funds ownership: 92.51% → 89.65% (-2.9%)
10% less capital invested
Capital invested by funds: $6.08B → $5.49B (-$590M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$96.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$52.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$42.6M |
| 4 |
Holocene Advisors
New York
|
+$35.1M |
| 5 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$84.6M |
| 2 |
Goldman Sachs
New York
|
-$72.9M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$48.4M |
| 4 |
BlackRock
New York
|
-$40.9M |
| 5 |
Renaissance Technologies
New York
|
-$36.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
476
Chevy Chase Trust
Bethesda,
Maryland
| – | -$59K | -1,379 | Closed |
|
|
AS
477
Altshuler Shaham
Tel Aviv,
Israel
| – | -$28K | -650 | Closed |
|
|
IWA
478
Intercontinental Wealth Advisors
San Antonio,
Texas
| – | -$8K | -187 | Closed |
|
|
SC
479
Solstein Capital
Menlo Park,
California
| – | -$7K | -154 | Closed |
|
|
TWA
480
TCI Wealth Advisors
Tucson,
Arizona
| – | -$4K | -102 | Closed |
|
481
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -22 | Closed |
|
|
KFI
482
Key Financial Inc
West Chester,
Pennsylvania
| – | +$82 | +2 | New |
|
|
HGWM
483
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$164 | +4 | New |
|
|
GWS
484
Glassman Wealth Services
Vienna,
Virginia
| – | +$246 | +6 | +150% |
|
CIEN Hedge Fund Activity: Q1 2020 in Review
418 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q1 2020, worth a combined $5.49B — down 9.7% from $6.08B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new CIEN positions and 70 closed out — a net gain of 10 holders — while 151 added to existing stakes and 140 trimmed.
The largest buyer was Congress Asset Management, opening a new position worth an estimated $96.9M. The largest seller was Arrowstreet Capital, cutting an estimated $84.6M.
- 418 institutional investors held Ciena (CIEN) as of Q1 2020, up from 413 in Q4 2019.
- Funds reported $5.49B of Ciena stock for Q1 2020, down 9.7% quarter-over-quarter.
- 80 funds opened new Ciena positions in Q1 2020 and 70 closed out, a net change of +10 holders.
- The largest Ciena buyer in Q1 2020 was Congress Asset Management, an estimated $96.9M added.
- The largest Ciena seller in Q1 2020 was Arrowstreet Capital, an estimated $84.6M sold.
Based on aggregated 13F filings for Q1 2020.