Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CIENA CORP (CIEN)

831 + Investors. Track Smart Money conviction in CIEN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +154
Streak
6Q ▲
Buyers last Q
57%

Smart Money Signals — CIEN

Based on 803 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added CIEN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
803 hedge funds hold CIEN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +59% more funds vs a year ago

fund count last 6Q
+297 new funds entered over the past year (+59% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 57% buying

483 buying360 selling
Last quarter: 483 funds bought or added vs 360 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+70 vs last Q)

new funds entering per quarter
Funds opening a new CIEN position: 101 → 105 → 172 → 242. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 19% medium ■ 33% new
382 out of 803 hedge funds have held CIEN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +57% but shares only +9% — price-driven

Value
+57%
Shares
+9%
Last quarter: the total dollar value of institutional holdings rose +57%, but actual share count only changed +9%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

125 → 101 → 105 → 172 → 242 new funds/Q
New funds entering each quarter: 101 → 105 → 172 → 242. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 57% of holders stayed 2+ years

■ 57% veterans ■ 7% 1-2yr ■ 36% new
Of 831 current holders: 476 (57%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
44 of 803 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in CIEN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: CIEN

How many hedge funds hold CIEN — quarterly history vs. share price
Quarterly hedge fund ownership of CIEN vs. share price

Market Analysis: CIEN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CIEN

-- --
Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

103 top-rated funds 23 high-conviction
Consensus
8.8
/ 10
breadth
×
Elite
7.2
/ 10
conviction
Hedge Fund Positioning: CIEN
2026 Q1 Stats Unlock in 20 days 831 + Investors

Track Smart Money conviction in CIEN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 831 677 22.75%
13F Shares 154M 141M 9.13%
Total Value $31.68B $20.18B 57.0%
New Positions 244 174 +70
Increased Positions 272 210 +62
Closed Positions 91 61 +30
Reduced Positions 311 294 +17
Total Calls 18 19 -5.26%
Total Puts 17 16 6.25%
PUT/CALL Ratio 0.94 0.84 Neutral

Statistics: CIEN

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

831 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CIEN. Verified SEC 13F-HR filings.

Top 25 institutional holders of CIEN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 North Growth Management Ltd. 9.34% 157,000 $61K
2 Amanah Holdings Trust 8.55% 200,000 $77.6M
3 M & L Capital Management Ltd 5.32% 55,730 $21.6M
4 Dedeker Financial LLC 4.17% 12,311 $4.8M
5 Harbour Capital Advisors, LLC 3.71% 39,017 $19.5M
6 Investment Research Partners LLC 3.28% 20,773 $8.1M
7 PERKINS CAPITAL MANAGEMENT INC 3.23% 6,300 $3.4M
8 CHAPIN DAVIS, INC. 1.99% 22,959 $8.9M
9 PEAK FINANCIAL ADVISORS LLC 1.95% 11,356 $4.4M
10 Broad Peak Investment Advisers Pte Ltd 1.91% 24,300 $9.4M
11 Orange Investment Advisors, Inc. 1.91% 37,872 $14.7M
12 WASHINGTON CAPITAL MANAGEMENT, INC 1.76% 5,355 $2.1M
13 Pacifica Partners Inc. 1.54% 11,950 $4.6M
14 SWS Partners 1.43% 14,966 $5.8M
15 LMCG INVESTMENTS, LLC 1.37% 59,248 $23.0M
16 TKG Advisors, LLC 1.34% 8,356 $3.2M
17 Retireful, LLC 1.15% 2,107 $818K
18 Oak Harvest Investment Services 1.03% 25,500 $9.9M
19 Walser Wealth Management Company, A Ltd Liability Co 0.93% 5,330 $2.1M
20 Stephens Investment Management Group LLC 0.88% 166,171 $64.5M
21 Flatrock Wealth Partners LLC 0.88% 5,010 $1.9M
22 PATTON FUND MANAGEMENT, INC. 0.87% 13,189 $5.1M
23 Braeburn Wealth Management LLC 0.87% 3,919 $1.5M
24 GF FUND MANAGEMENT CO. LTD. 0.70% 107,979 $41.9M
25 UNICOM Systems, Inc. 0.67% 16,831 $6.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — CIENA CORP (CIEN)

What does the Smart Money Trend signal show for CIEN?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added CIEN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CIEN?

Slight buying edge — 57% buying: Last quarter: 483 funds bought or added vs 360 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CIEN holders?

Elite ownership — 58% AUM from top-100 funds: 44 of 803 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in CIEN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CIEN?

48% of holders stayed for 2+ years: 382 out of 803 hedge funds have held CIEN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.