Coherent
COHR
410 hedge funds and large institutions have $6.4B invested in Coherent in 2023 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 117 increasing their positions, 157 reducing their positions, and 81 closing their positions.
143% more funds holding in top 10
Funds holding in top 10: 7 → 17 (+10)
107% more call options, than puts
Call options by funds: $350M | Put options by funds: $169M
36% more capital invested
Capital invested by funds: $4.71B → $6.4B (+$1.69B)
1.54% more ownership
Funds ownership: 89.06% → 90.6% (+1.5%)
4% less funds holding
Funds holding: 429 → 410 (-19)
23% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 81
25% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 157
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Tairen Capital
Hong Kong
|
+$124M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$103M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$74.4M |
| 4 |
Morgan Stanley
New York
|
+$43.8M |
| 5 |
Select Equity Group
New York
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$121M |
| 2 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$84.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$56.3M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$40M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$36.3M |
COHR Hedge Fund Activity: Q2 2023 in Review
410 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Coherent (COHR) for Q2 2023, worth a combined $6.4B — up 36% from $4.71B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of COHR and 62 opened new positions — a net loss of 19 holders — while 157 trimmed existing stakes and 117 added.
The largest buyer was Tairen Capital, opening a new position worth an estimated $124M. The largest seller was Wellington Management Group, cutting an estimated $121M.
- 410 institutional investors held Coherent (COHR) as of Q2 2023, down from 429 in Q1 2023.
- Funds reported $6.4B of Coherent stock for Q2 2023, up 36% quarter-over-quarter.
- 62 funds opened new Coherent positions in Q2 2023 and 81 closed out, a net change of -19 holders.
- The largest Coherent buyer in Q2 2023 was Tairen Capital, an estimated $124M added.
- The largest Coherent seller in Q2 2023 was Wellington Management Group, an estimated $121M sold.
Based on aggregated 13F filings for Q2 2023.