Ciena
CIEN
238 hedge funds and large institutions have $3.5B invested in Ciena in 2013 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 76 increasing their positions, 88 reducing their positions, and 50 closing their positions.
101.85% more ownership
Funds ownership: 0% → 101.85% (+102%)
23% more call options, than puts
Call options by funds: $93.1M | Put options by funds: $75.7M
5% more capital invested
Capital invested by funds: $3.32B → $3.5B (+$178M)
2% less funds holding
Funds holding: 244 → 238 (-6)
10% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 50
14% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 88
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$127M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$35.1M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
+$22.6M |
| 4 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$17.7M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$94.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$56.7M |
| 3 |
Renaissance Technologies
New York
|
-$41.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$31M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$30.3M |
CIEN Hedge Fund Activity: Q4 2013 in Review
238 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q4 2013, worth a combined $3.5B — up 5.4% from $3.32B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CIEN and 45 opened new positions — a net loss of 5 holders — while 88 trimmed existing stakes and 76 added.
The largest buyer was JP Morgan Chase, adding an estimated $127M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $94.9M.
- 238 institutional investors held Ciena (CIEN) as of Q4 2013, down from 244 in Q3 2013.
- Funds reported $3.5B of Ciena stock for Q4 2013, up 5.4% quarter-over-quarter.
- 45 funds opened new Ciena positions in Q4 2013 and 50 closed out, a net change of -5 holders.
- The largest Ciena buyer in Q4 2013 was JP Morgan Chase, an estimated $127M added.
- The largest Ciena seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $94.9M sold.
Based on aggregated 13F filings for Q4 2013.