Ciena
CIEN
307 hedge funds and large institutions have $3.86B invested in Ciena in 2018 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 101 increasing their positions, 103 reducing their positions, and 37 closing their positions.
54% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 37
23% more capital invested
Capital invested by funds: $3.14B → $3.86B (+$718M)
5% more funds holding
Funds holding: 291 → 307 (+16)
10% more call options, than puts
Call options by funds: $88.9M | Put options by funds: $81.1M
0.71% less ownership
Funds ownership: 104.51% → 103.8% (-0.71%)
2% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 103
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$61.2M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$48.2M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$37.3M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$26.8M |
| 5 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$53.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$41.8M |
| 3 |
Millennium Management
New York
|
-$40.1M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$34.5M |
| 5 |
Holocene Advisors
New York
|
-$33.5M |
CIEN Hedge Fund Activity: Q1 2018 in Review
307 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q1 2018, worth a combined $3.86B — up 23% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new CIEN positions and 37 closed out — a net gain of 20 holders — while 101 added to existing stakes and 103 trimmed.
The largest buyer was Shapiro Capital Management, opening a new position worth an estimated $61.2M. The largest seller was Wellington Management Group, cutting an estimated $53.9M.
- 307 institutional investors held Ciena (CIEN) as of Q1 2018, up from 291 in Q4 2017.
- Funds reported $3.86B of Ciena stock for Q1 2018, up 23% quarter-over-quarter.
- 57 funds opened new Ciena positions in Q1 2018 and 37 closed out, a net change of +20 holders.
- The largest Ciena buyer in Q1 2018 was Shapiro Capital Management, an estimated $61.2M added.
- The largest Ciena seller in Q1 2018 was Wellington Management Group, an estimated $53.9M sold.
Based on aggregated 13F filings for Q1 2018.