FengHe Fund Management Pte. Ltd.: CIENA CORP (CIEN): Quarterly 13F Position History
As of Q1 2026, FengHe Fund Management Pte. Ltd. reported 89,254 shares of CIENA CORP (CIEN), worth $34.7M and representing 4.8% of its 13F equity book. Quarter-over-quarter share count change: 571,734 (-86.5%) . The position first appeared in Q3 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.
- 89,254Shares Held (Latest Filing)
- $34.7MReported Market Value (Latest Filing)
- 4.8%Portfolio Weight (% of 13F Equity Book)
- 571,734Quarter-over-Quarter Share Change
- -$119.9MQuarter-over-Quarter Value Change
- 660,988Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 89,254 | 571,734 | -86.5% | $34.7M | 4.8% | $388.2 |
| Q4 2025 | 660,988 | +410,588 | +164.0% | $154.6M | 8.7% | $233.9 |
| Q3 2025 | 250,400 | — | — | $36.5M | 3.3% | $145.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did FengHe Fund Management Pte. Ltd. first disclose a CIEN position in 13F-HR filings?
FengHe Fund Management Pte. Ltd. first reported CIENA CORP (CIEN) on its 13F-HR filing for the period ending 2025-09-30 (Q3 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.
What was FengHe Fund Management Pte. Ltd.'s most recent quarter-over-quarter share-count change in CIEN?
Between Q4 2025 and Q1 2026, FengHe Fund Management Pte. Ltd. reduced its CIEN position by 571,734 shares (-86.5%), leaving 89,254 shares at a market value of $34.7M.
Does the implied price-per-share represent FengHe Fund Management Pte. Ltd.'s cost basis in CIEN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.