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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.

New
Increased
Maintained
Reduced
Closed

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: 298275 (-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: 10 (-1)

Holders
275
Holders Change
-23
Holders Change %
-7.72%
% of All Funds
7.33%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
39
Increased
103
Reduced
91
Closed
60
Calls
$55.5M
Puts
$33.2M
Net Calls
+$22.3M
Net Calls Change
-$3.56M
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
126
ClariVest Asset Management
California
$1.65M +$64.3K +3,481 +4%
DIA
127
Dana Investment Advisors
Wisconsin
$1.57M +$1.5M +81,105 +6,557%
Comerica Bank
128
Comerica Bank
Texas
$1.54M -$12.8K -694 -0.8%
GLA
129
Great Lakes Advisors
Illinois
$1.51M -$2.18M -117,939 -60%
JGUA
130
John G. Ullman & Associates
New York
$1.51M -$1.04M -56,300 -41%
KRC
131
Kingdom Ridge Capital
New York
$1.43M -$3.54M -191,600 -72%
ASRS
132
Arizona State Retirement System
Arizona
$1.35M +$96K +5,200 +8%
SM
133
Southport Management
Wyoming
$1.33M +$185K +10,000 +17%
QI
134
QS Investors
New York
$1.32M -$19.6K -1,063 -2%
Morgan Stanley
135
Morgan Stanley
New York
$1.21M -$3.93M -212,726 -77%
ST
136
Spot Trading
Illinois
$1.19M +$1.05M +56,651 +942%
MSA
137
Mason Street Advisors
Wisconsin
$1.07M +$59K +3,194 +6%
UBS Group
138
UBS Group
Switzerland
$1.06M -$2.27M -122,768 -69%
Royal Bank of Canada
139
Royal Bank of Canada
Ontario, Canada
$1.01M -$6.57M -355,759 -87%
BCM
140
BlueCrest Capital Management
Jersey
$1.01M -$834K -45,163 -46%
First Manhattan
141
First Manhattan
New York
$993K
WT
142
Whittier Trust
California
$990K +$222 +12 +0%
SOMRS
143
State of Michigan Retirement System
Michigan
$981K +$27.7K +1,500 +3%
AIMCA
144
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$978K -$3.83M -207,107 -80%
LMGAM
145
Liberty Mutual Group Asset Management
Massachusetts
$955K -$581K -31,463 -39%
Creative Planning
146
Creative Planning
Kansas
$933K -$169K -9,174 -16%
SIM
147
Spark Investment Management
New York
$926K
FMT
148
First Mercantile Trust
Tennessee
$911K -$580K -31,400 -40%
AQR Capital Management
149
AQR Capital Management
Connecticut
$883K -$3.78M -204,740 -82%
MERSOM
150
Municipal Employees' Retirement System of Michigan
Michigan
$819K +$46.7K +2,530 +6%

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.