Ciena
CIEN
343 hedge funds and large institutions have $4.81B invested in Ciena in 2018 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 120 increasing their positions, 107 reducing their positions, and 25 closing their positions.
152% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 25
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
29% more call options, than puts
Call options by funds: $90.9M | Put options by funds: $70.7M
20% more capital invested
Capital invested by funds: $4.01B → $4.81B (+$795M)
12% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 107
12% more funds holding
Funds holding: 307 → 343 (+36)
1.86% more ownership
Funds ownership: 106.03% → 107.9% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$44M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$43.9M |
| 3 |
JP Morgan Chase
New York
|
+$34.8M |
| 4 |
Renaissance Technologies
New York
|
+$28.7M |
| 5 |
Millennium Management
New York
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$91.7M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$78.9M |
| 3 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$28.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$24.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$22.7M |
CIEN Hedge Fund Activity: Q3 2018 in Review
343 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q3 2018, worth a combined $4.81B — up 20% from $4.01B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CIEN positions and 25 closed out — a net gain of 38 holders — while 120 added to existing stakes and 107 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $44M. The largest seller was Bank of New York Mellon, cutting an estimated $91.7M.
- 343 institutional investors held Ciena (CIEN) as of Q3 2018, up from 307 in Q2 2018.
- Funds reported $4.81B of Ciena stock for Q3 2018, up 20% quarter-over-quarter.
- 63 funds opened new Ciena positions in Q3 2018 and 25 closed out, a net change of +38 holders.
- The largest Ciena buyer in Q3 2018 was AllianceBernstein, an estimated $44M added.
- The largest Ciena seller in Q3 2018 was Bank of New York Mellon, an estimated $91.7M sold.
Based on aggregated 13F filings for Q3 2018.