Cliff Asness's CIEN Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.41 M shares of Ciena Corporation (CIEN) worth $330.36 M, representing 0.17% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in CIEN, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2018, adding 1.74 M shares. Largest reduction occurred in Q4 2019, reducing 1.07 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Ciena Corporation (CIEN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ciena Corporation (CIEN) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -89,908 | Reduce 5.98% | 1.41 M | $233.87 |
| Q3 2025 | +281,541 | Add 23.06% | 1.5 M | $145.35 |
| Q2 2025 | +677,299 | Add 124.59% | 1.22 M | $81.33 |
| Q1 2025 | -51,552 | Reduce 8.66% | 543,628 | $59.04 |
| Q4 2024 | -209,783 | Reduce 26.06% | 595,180 | $84.81 |
| Q3 2024 | -81,391 | Reduce 9.18% | 804,963 | $61.59 |
| Q2 2024 | +718,551 | Add 428.21% | 886,354 | $48.18 |
| Q1 2024 | +31,851 | Add 23.43% | 167,803 | $49.45 |
| Q4 2023 | +95,862 | Add 239.12% | 135,952 | $45.01 |
| Q3 2023 | -23,982 | Reduce 37.43% | 40,090 | $47.26 |
| Q2 2023 | +55,151 | Add 618.22% | 64,072 | $42.49 |
| Q1 2023 | -42,874 | Reduce 82.78% | 8,921 | $51.87 |
| Q4 2022 | -53,812 | Reduce 50.95% | 51,795 | $50.63 |
| Q3 2022 | -371,645 | Reduce 77.87% | 105,607 | $40.43 |
| Q2 2022 | +200,297 | Add 72.32% | 477,252 | $44.91 |
| Q1 2022 | +133,423 | Add 92.96% | 276,955 | $60.63 |
| Q4 2021 | -43,936 | Reduce 23.44% | 143,532 | $76.97 |
| Q3 2021 | +96,740 | Add 106.63% | 187,468 | $51.35 |
| Q2 2021 | -83,565 | Reduce 47.95% | 90,728 | $56.90 |
| Q1 2021 | -100,047 | Reduce 36.47% | 174,293 | $54.30 |
| Q4 2020 | -545,076 | Reduce 66.52% | 274,340 | $52.29 |
| Q3 2020 | +180,264 | Add 28.20% | 819,416 | $39.69 |
| Q2 2020 | -653,815 | Reduce 50.57% | 639,152 | $53.93 |
| Q1 2020 | -661,681 | Reduce 33.85% | 1.29 M | $39.81 |
| Q4 2019 | -1.07 M | Reduce 35.35% | 1.95 M | $42.69 |
| Q3 2019 | -86,706 | Reduce 2.79% | 3.02 M | $39.23 |
| Q2 2019 | -720,012 | Reduce 18.80% | 3.11 M | $41.13 |
| Q1 2019 | +710,037 | Add 22.76% | 3.83 M | $37.26 |
| Q4 2018 | +1.74 M | Add 126.43% | 3.12 M | $33.91 |
| Q3 2018 | +802,782 | Add 139.56% | 1.38 M | $31.24 |
| Q2 2018 | +542,344 | Add 1649.01% | 575,233 | $26.51 |
| Q1 2018 | +32,889 | New Buy | 32,889 | $25.91 |
| Q4 2017 | -30,444 | Sold Out | 0 | $0.00 |
| Q3 2017 | +1,556 | Add 5.39% | 30,444 | $21.97 |
| Q2 2017 | +28,888 | New Buy | 28,888 | $25.03 |
| Q4 2016 | -14,793 | Sold Out | 0 | $0.00 |
| Q3 2016 | +14,793 | New Buy | 14,793 | $21.77 |
| Q2 2016 | -46,417 | Sold Out | 0 | $0.00 |
| Q1 2016 | -204,740 | Reduce 81.52% | 46,417 | $19.02 |
| Q4 2015 | +176,709 | Add 237.36% | 251,157 | $20.69 |
| Q3 2015 | +51,548 | Add 225.10% | 74,448 | $20.73 |
| Q2 2015 | +22,900 | New Buy | 22,900 | $23.67 |
| Q4 2014 | -44,497 | Sold Out | 0 | $0.00 |
| Q3 2014 | +15,132 | Add 51.53% | 44,497 | $16.72 |
| Q2 2014 | -44,300 | Reduce 60.14% | 29,365 | $21.66 |
| Q1 2014 | +18,900 | Add 34.51% | 73,665 | $22.74 |
| Q4 2013 | +22,265 | Add 68.51% | 54,765 | $23.94 |
| Q3 2013 | +32,500 | New Buy | 32,500 | $24.98 |
| Q4 2012 | +128,990 | Add 0.00% | 128,990 | $15.70 |
Cliff Asness's Ciena Corporation Investment FAQs
Cliff Asness first purchased Ciena Corporation (CIEN) in Q4 2012, acquiring 128,990 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Ciena Corporation (CIEN) for 51 quarters since Q4 2012.
Cliff Asness's largest addition to Ciena Corporation (CIEN) was in Q4 2018, adding 3,120,214 shares worth $105.81 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,412,560 shares of Ciena Corporation (CIEN), valued at approximately $330.36 M.
As of the Q4 2025 filing, Ciena Corporation (CIEN) represents approximately 0.17% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Ciena Corporation (CIEN) was 3,830,251 shares, as reported at the end of Q1 2019.