Coherent
COHR
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.
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: 146 → 150 (+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: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$8.39M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$6.42M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.09M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$3.18M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
-$40.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.8M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$14.8M |
| 4 |
FTB
First Trust Bank
Nassau,
Bahamas
|
-$5.07M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$4.77M |
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.