Ciena
CIEN
283 hedge funds and large institutions have $2.97B invested in Ciena in 2016 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 108 increasing their positions, 98 reducing their positions, and 40 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more call options, than puts
Call options by funds: $98.9M | Put options by funds: $71.2M
22% more capital invested
Capital invested by funds: $2.44B → $2.97B (+$531M)
10% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 98
3.64% more ownership
Funds ownership: 94.28% → 97.92% (+3.6%)
2% less funds holding
Funds holding: 290 → 283 (-7)
15% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$54.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$46.3M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$45.1M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$35M |
| 5 |
TA
Teachers Advisors
New York
|
+$34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$18.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$18.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.1M |
| 4 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$16.9M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$13.9M |
CIEN Hedge Fund Activity: Q3 2016 in Review
283 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q3 2016, worth a combined $2.97B — up 22% from $2.44B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CIEN and 34 opened new positions — a net loss of 6 holders — while 98 trimmed existing stakes and 108 added.
The largest buyer was Bank of New York Mellon, adding an estimated $54.9M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $18.8M.
- 283 institutional investors held Ciena (CIEN) as of Q3 2016, down from 290 in Q2 2016.
- Funds reported $2.97B of Ciena stock for Q3 2016, up 22% quarter-over-quarter.
- 34 funds opened new Ciena positions in Q3 2016 and 40 closed out, a net change of -6 holders.
- The largest Ciena buyer in Q3 2016 was Bank of New York Mellon, an estimated $54.9M added.
- The largest Ciena seller in Q3 2016 was State of New Jersey Common Pension Fund D, an estimated $18.8M sold.
Based on aggregated 13F filings for Q3 2016.