Ciena
CIEN
371 hedge funds and large institutions have $4.92B invested in Ciena in 2018 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 119 increasing their positions, 123 reducing their positions, and 58 closing their positions.
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
53% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 58
15% more call options, than puts
Call options by funds: $77.6M | Put options by funds: $67.5M
8% more funds holding
Funds holding: 343 → 371 (+28)
2% more capital invested
Capital invested by funds: $4.81B → $4.92B (+$115M)
3% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 123
15.09% less ownership
Funds ownership: 107.9% → 92.8% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$55.2M |
| 2 |
BlackRock
New York
|
+$49.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$30M |
| 4 |
SIM
Sadoff Investment Management
Milwaukee,
Wisconsin
|
+$29.9M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$83.5M |
| 2 |
Bank of New York Mellon
New York
|
-$79.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$55.3M |
| 4 |
Millennium Management
New York
|
-$45.1M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
-$35.3M |
CIEN Hedge Fund Activity: Q4 2018 in Review
371 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Ciena (CIEN) for Q4 2018, worth a combined $4.92B — up 2.4% from $4.81B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new CIEN positions and 58 closed out — a net gain of 31 holders — while 119 added to existing stakes and 123 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $55.2M. The largest seller was Shapiro Capital Management, cutting an estimated $83.5M.
- 371 institutional investors held Ciena (CIEN) as of Q4 2018, up from 343 in Q3 2018.
- Funds reported $4.92B of Ciena stock for Q4 2018, up 2.4% quarter-over-quarter.
- 89 funds opened new Ciena positions in Q4 2018 and 58 closed out, a net change of +31 holders.
- The largest Ciena buyer in Q4 2018 was AQR Capital Management, an estimated $55.2M added.
- The largest Ciena seller in Q4 2018 was Shapiro Capital Management, an estimated $83.5M sold.
Based on aggregated 13F filings for Q4 2018.