Coherent
COHR
267 hedge funds and large institutions have $2.21B invested in Coherent in 2019 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 115 increasing their positions, 66 reducing their positions, and 50 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 66
74% more call options, than puts
Call options by funds: $35M | Put options by funds: $20.1M
10.48% more ownership
Funds ownership: 239.33% → 249.81% (+10%)
2% more capital invested
Capital invested by funds: $2.17B → $2.21B (+$40M)
4% less funds holding
Funds holding: 279 → 267 (-12)
14% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 50
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$29.2M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$26.1M |
| 3 |
BlackRock
New York
|
+$23M |
| 4 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$18.1M |
| 5 |
Morgan Stanley
New York
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$14.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.53M |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
-$6.63M |
| 4 |
Walleye Trading
New York
|
-$6.07M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$5.56M |
COHR Hedge Fund Activity: Q2 2019 in Review
267 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Coherent (COHR) for Q2 2019, worth a combined $2.21B — up 1.8% from $2.17B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of COHR and 43 opened new positions — a net loss of 7 holders — while 66 trimmed existing stakes and 115 added.
The largest buyer was State of Michigan Retirement System, adding an estimated $29.2M. The largest seller was Principal Financial Group, cutting an estimated $14.5M.
- 267 institutional investors held Coherent (COHR) as of Q2 2019, down from 279 in Q1 2019.
- Funds reported $2.21B of Coherent stock for Q2 2019, up 1.8% quarter-over-quarter.
- 43 funds opened new Coherent positions in Q2 2019 and 50 closed out, a net change of -7 holders.
- The largest Coherent buyer in Q2 2019 was State of Michigan Retirement System, an estimated $29.2M added.
- The largest Coherent seller in Q2 2019 was Principal Financial Group, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2019.