Coherent
COHR
339 hedge funds and large institutions have $4.23B invested in Coherent in 2020 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 67 increasing their positions, 126 reducing their positions, and 33 closing their positions.
221% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 33
62% more call options, than puts
Call options by funds: $47.8M | Put options by funds: $29.5M
62% more capital invested
Capital invested by funds: $2.61B → $4.23B (+$1.61B)
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
27% more funds holding
Funds holding: 267 → 339 (+72)
2.65% less ownership
Funds ownership: 100.72% → 98.07% (-2.6%)
47% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 126
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$42.3M |
| 3 |
Millennium Management
New York
|
+$27M |
| 4 |
Goldman Sachs
New York
|
+$24.5M |
| 5 |
MC
Maplelane Capital
New York
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$94.7M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$38.7M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$33.7M |
| 4 |
Neuberger Berman Group
New York
|
-$30.3M |
| 5 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$25.5M |
COHR Hedge Fund Activity: Q2 2020 in Review
339 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Coherent (COHR) for Q2 2020, worth a combined $4.23B — up 62% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new COHR positions and 33 closed out — a net gain of 73 holders — while 67 added to existing stakes and 126 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $45.7M. The largest seller was Franklin Resources, cutting an estimated $94.7M.
- 339 institutional investors held Coherent (COHR) as of Q2 2020, up from 267 in Q1 2020.
- Funds reported $4.23B of Coherent stock for Q2 2020, up 62% quarter-over-quarter.
- 106 funds opened new Coherent positions in Q2 2020 and 33 closed out, a net change of +73 holders.
- The largest Coherent buyer in Q2 2020 was Fidelity Investments, an estimated $45.7M added.
- The largest Coherent seller in Q2 2020 was Franklin Resources, an estimated $94.7M sold.
Based on aggregated 13F filings for Q2 2020.