Ciena
CIEN
307 hedge funds and large institutions have $4.02B invested in Ciena in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 109 increasing their positions, 93 reducing their positions, and 44 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
17% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 93
2.23% more ownership
Funds ownership: 103.8% → 106.03% (+2.2%)
4% more capital invested
Capital invested by funds: $3.86B → $4.02B (+$160M)
2% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 44
0% more funds holding
Funds holding: 307 → 307 (0)
3% less call options, than puts
Call options by funds: $96.6M | Put options by funds: $99.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$79.4M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$63M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$44.3M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$38.7M |
| 5 |
Goldman Sachs
New York
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$56.9M |
| 2 |
TA
Teachers Advisors
New York
|
-$42.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$39.5M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$32.1M |
| 5 |
Renaissance Technologies
New York
|
-$31.9M |
CIEN Hedge Fund Activity: Q2 2018 in Review
307 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q2 2018, worth a combined $4.02B — up 4.1% from $3.86B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CIEN positions and 44 closed out — a net gain of 1 holder — while 109 added to existing stakes and 93 trimmed.
The largest buyer was Shapiro Capital Management, adding an estimated $79.4M. The largest seller was TIAA CREF Investment Management, cutting an estimated $56.9M.
- 307 institutional investors held Ciena (CIEN) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $4.02B of Ciena stock for Q2 2018, up 4.1% quarter-over-quarter.
- 45 funds opened new Ciena positions in Q2 2018 and 44 closed out, a net change of +1 holder.
- The largest Ciena buyer in Q2 2018 was Shapiro Capital Management, an estimated $79.4M added.
- The largest Ciena seller in Q2 2018 was TIAA CREF Investment Management, an estimated $56.9M sold.
Based on aggregated 13F filings for Q2 2018.