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Coherent

150 hedge funds and large institutions have $795M invested in Coherent in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more call options, than puts

Call options by funds: $461K | Put options by funds: $231K

36% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 14

9% more capital invested

Capital invested by funds: $731M → $795M (+$63.7M)

3% more funds holding

Funds holding: 146150 (+4)

2% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 48

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
150
Holders Change
+4
Holders Change %
+2.74%
% of All Funds
4.86%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
19
Increased
49
Reduced
48
Closed
14
Calls
$461K
Puts
$231K
Net Calls
+$230K
Net Calls Change
+$430K
Name Holding Trade Value Shares
Change
Change in
Stake
NIM
26
Needham Investment Management
New York
$6.23M -$325K -17,500 -5%
PCM
27
Penn Capital Management
Pennsylvania
$5.95M -$2.17M -116,623 -27%
Principal Financial Group
28
Principal Financial Group
Iowa
$5.86M +$189K +10,189 +3%
Charles Schwab
29
Charles Schwab
California
$5.74M +$3.18M +171,122 +133%
RFC
30
Russell Frank Company
Washington
$5.57M +$2.42M +130,038 +78%
MAA
31
Managed Account Advisors
New Jersey
$5.19M -$181K -9,716 -3%
BA
32
Bard Associates
Illinois
$4.91M -$4.65K -250 -0.1%
Geode Capital Management
33
Geode Capital Management
Massachusetts
$4.71M +$347K +18,675 +8%
TCIM
34
TIAA CREF Investment Management
New York
$4.63M -$97.8K -5,264 -2%
EA
35
Emerald Advisers
Pennsylvania
$4.22M +$2.32M +124,970 +126%
BIM
36
BlackRock Investment Management
Delaware
$3.86M +$32.5K +1,750 +0.9%
Goldman Sachs
37
Goldman Sachs
New York
$3.81M +$1.9M +102,300 +102%
PPA
38
Parametric Portfolio Associates
Washington
$3.8M +$2.83M +152,024 +305%
T. Rowe Price Associates
39
T. Rowe Price Associates
Maryland
$3.53M -$199K -10,700 -5%
New York State Teachers Retirement System (NYSTRS)
40
New York State Teachers Retirement System (NYSTRS)
New York
$3.35M -$98.5K -5,300 -3%
U
41
UBS
Switzerland
$3.35M -$49.8K -2,681 -1%
Citadel Advisors
42
Citadel Advisors
Florida
$3.21M -$1.1M -59,275 -26%
SI
43
Scout Investments
Missouri
$2.94M
LAM
44
Lapides Asset Management
Connecticut
$2.91M
GIM
45
Granahan Investment Management
Massachusetts
$2.87M -$329K -17,700 -10%
RA
46
Royce & Associates
New York
$2.82M +$318K +17,124 +13%
Two Sigma Advisers
47
Two Sigma Advisers
New York
$2.75M -$199K -10,700 -7%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$2.72M +$452K +24,300 +20%
PI
49
Putnam Investments
Massachusetts
$2.68M +$2.65M +142,581 New
EAM
50
Eagle Asset Management
Florida
$2.68M -$41K -2,206 -1%

COHR Hedge Fund Activity: Q3 2013 in Review

150 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Coherent (COHR) for Q3 2013, worth a combined $795M — up 8.7% from $731M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new COHR positions and 14 closed out — a net gain of 5 holders — while 49 added to existing stakes and 48 trimmed.

The largest buyer was Cadence Capital Management, opening a new position worth an estimated $8.39M. The largest seller was Black Creek Investment Management, exiting entirely with an estimated $40.4M sold.

  • 150 institutional investors held Coherent (COHR) as of Q3 2013, up from 146 in Q2 2013.
  • Funds reported $795M of Coherent stock for Q3 2013, up 8.7% quarter-over-quarter.
  • 19 funds opened new Coherent positions in Q3 2013 and 14 closed out, a net change of +5 holders.
  • The largest Coherent buyer in Q3 2013 was Cadence Capital Management, an estimated $8.39M added.
  • The largest Coherent seller in Q3 2013 was Black Creek Investment Management, an estimated $40.4M sold.

Based on aggregated 13F filings for Q3 2013.