Coherent
COHR
229 hedge funds and large institutions have $2.62B invested in Coherent in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 66 increasing their positions, 87 reducing their positions, and 30 closing their positions.
634% more call options, than puts
Call options by funds: $47.5M | Put options by funds: $6.47M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
50% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 30
26% more capital invested
Capital invested by funds: $2.08B → $2.62B (+$540M)
19.51% more ownership
Funds ownership: 205.05% → 224.56% (+20%)
7% more funds holding
Funds holding: 214 → 229 (+15)
24% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$111M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$85.3M |
| 3 |
Millennium Management
New York
|
+$38.4M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$23.9M |
| 5 |
BlackRock
New York
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$26.5M |
| 2 |
Renaissance Technologies
New York
|
-$24.9M |
| 3 |
Two Sigma Investments
New York
|
-$15.8M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$12.1M |
| 5 |
QAM
Quentec Asset Management
New York
|
-$11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
251
Prelude Capital Management
New York
| – | -$129K | -3,140 | Closed |
|
|
CG
252
Cutler Group
San Francisco,
California
| – | -$133K | -2,971 | Closed |
|
|
NIT
253
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$99K | -2,396 | Closed |
|
|
JIR
254
James Investment Research
Alpha,
Ohio
| – | -$26K | -620 | Closed |
|
255
Bessemer Group
Woodbridge,
New Jersey
| – | -$8K | -200 | Closed |
|
|
SPIA
256
Steward Partners Investment Advisory
New York
| – | -$6K | -150 | Closed |
|
|
AFNAS
257
American Financial Network Advisory Services
Calabasas,
California
| – | -$4K | -87 | Closed |
|
258
CIBC Private Wealth Group
Atlanta,
Georgia
| – | +$135 | +3 | New |
|
|
JIM
259
Jupiter Investment Management
London,
United Kingdom
| – | +$1.07M | +23,798 | New |
|
COHR Hedge Fund Activity: Q4 2017 in Review
229 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Coherent (COHR) for Q4 2017, worth a combined $2.62B — up 26% from $2.08B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new COHR positions and 30 closed out — a net gain of 15 holders — while 66 added to existing stakes and 87 trimmed.
The largest buyer was Discovery Capital Management, opening a new position worth an estimated $111M. The largest seller was Dimensional Fund Advisors, cutting an estimated $26.5M.
- 229 institutional investors held Coherent (COHR) as of Q4 2017, up from 214 in Q3 2017.
- Funds reported $2.62B of Coherent stock for Q4 2017, up 26% quarter-over-quarter.
- 45 funds opened new Coherent positions in Q4 2017 and 30 closed out, a net change of +15 holders.
- The largest Coherent buyer in Q4 2017 was Discovery Capital Management, an estimated $111M added.
- The largest Coherent seller in Q4 2017 was Dimensional Fund Advisors, an estimated $26.5M sold.
Based on aggregated 13F filings for Q4 2017.