Coherent
COHR
288 hedge funds and large institutions have $2.81B invested in Coherent in 2019 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 102 increasing their positions, 92 reducing their positions, and 85 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
11% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 92
2% less capital invested
Capital invested by funds: $2.87B → $2.81B (-$58.8M)
3.18% less ownership
Funds ownership: 95.01% → 91.82% (-3.2%)
10% less funds holding
Funds holding: 321 → 288 (-33)
29% less call options, than puts
Call options by funds: $20.6M | Put options by funds: $29.2M
32% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$101M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$80.8M |
| 3 |
Neuberger Berman Group
New York
|
+$72.9M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$44.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$40.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$169M |
| 2 |
Goldman Sachs
New York
|
-$91.2M |
| 3 |
BlackRock
New York
|
-$49.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$46.5M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$32.1M |
COHR Hedge Fund Activity: Q4 2019 in Review
288 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Coherent (COHR) for Q4 2019, worth a combined $2.81B — down 2.1% from $2.87B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of COHR and 58 opened new positions — a net loss of 27 holders — while 92 trimmed existing stakes and 102 added.
The largest buyer was Fidelity Investments, adding an estimated $101M. The largest seller was Mason Street Advisors, cutting an estimated $169M.
- 288 institutional investors held Coherent (COHR) as of Q4 2019, down from 321 in Q3 2019.
- Funds reported $2.81B of Coherent stock for Q4 2019, down 2.1% quarter-over-quarter.
- 58 funds opened new Coherent positions in Q4 2019 and 85 closed out, a net change of -27 holders.
- The largest Coherent buyer in Q4 2019 was Fidelity Investments, an estimated $101M added.
- The largest Coherent seller in Q4 2019 was Mason Street Advisors, an estimated $169M sold.
Based on aggregated 13F filings for Q4 2019.