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Coherent

410 hedge funds and large institutions have $6.4B invested in Coherent in 2023 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 117 increasing their positions, 157 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more funds holding in top 10

Funds holding in top 10: 717 (+10)

107% more call options, than puts

Call options by funds: $350M | Put options by funds: $169M

36% more capital invested

Capital invested by funds: $4.71B → $6.4B (+$1.69B)

1.54% more ownership

Funds ownership: 89.06%90.6% (+1.5%)

4% less funds holding

Funds holding: 429410 (-19)

23% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 81

25% less repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 157

Holders
410
Holders Change
-19
Holders Change %
-4.43%
% of All Funds
6.44%
Holding in Top 10
17
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+142.86%
% of All Funds
0.27%
New
62
Increased
117
Reduced
157
Closed
81
Calls
$350M
Puts
$169M
Net Calls
+$181M
Net Calls Change
+$221M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
1
Dodge & Cox
California
$1.02B +$21.5M +578,925 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$708M +$74.4M +2,003,983 +17%
BlackRock
3
BlackRock
New York
$598M -$5.54M -149,325 -1%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$362M +$103M +2,773,952 +64%
Macquarie Group
5
Macquarie Group
Australia
$202M -$40M -1,077,920 -21%
Franklin Resources
6
Franklin Resources
California
$197M +$22.1M +594,305 +18%
State Street
7
State Street
Massachusetts
$191M -$1.84M -49,618 -1%
TC
8
Tairen Capital
Hong Kong
$170M +$124M +3,328,940 New
American Century Companies
9
American Century Companies
Missouri
$158M -$56.3M -1,517,117 -33%
Morgan Stanley
10
Morgan Stanley
New York
$145M +$43.8M +1,179,926 +71%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$99.8M +$3.04M +81,998 +4%
FPCG
12
Fort Pitt Capital Group
Pennsylvania
$84.7M +$4.08M +109,892 +7%
Charles Schwab
13
Charles Schwab
California
$77.1M +$1.46M +39,390 +3%
Barrow, Hanley, Mewhinney & Strauss
14
Barrow, Hanley, Mewhinney & Strauss
Texas
$76.5M +$463K +12,481 +0.8%
Invesco
15
Invesco
Georgia
$66.8M -$2.9K -78 -0%
Select Equity Group
16
Select Equity Group
New York
$63.9M +$35M +942,504 +303%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$63.8M -$1.92M -51,785 -4%
SCM
18
Snyder Capital Management
California
$59.4M -$638K -17,187 -1%
Northern Trust
19
Northern Trust
Illinois
$55M -$580K -15,627 -1%
FCM
20
Frontier Capital Management
Massachusetts
$54.6M +$29.3M +790,771 +283%
PCMI
21
Paradigm Capital Management Inc
New York
$52.8M -$6.68M -180,100 -15%
CCM
22
Channing Capital Management
Illinois
$48.7M -$20.4M -550,726 -37%
UBS Group
23
UBS Group
Switzerland
$48.5M +$31.1M +839,359 +745%
VNIM
24
Vaughan Nelson Investment Management
Texas
$47.2M +$34.3M +925,555 New
PAMS
25
Pictet Asset Management (Switzerland)
Switzerland
$46.2M -$84.6M -2,278,974 -72%

COHR Hedge Fund Activity: Q2 2023 in Review

410 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Coherent (COHR) for Q2 2023, worth a combined $6.4B — up 36% from $4.71B a quarter earlier.

Sellers outnumbered buyers: 81 funds closed out of COHR and 62 opened new positions — a net loss of 19 holders — while 157 trimmed existing stakes and 117 added.

The largest buyer was Tairen Capital, opening a new position worth an estimated $124M. The largest seller was Wellington Management Group, cutting an estimated $121M.

  • 410 institutional investors held Coherent (COHR) as of Q2 2023, down from 429 in Q1 2023.
  • Funds reported $6.4B of Coherent stock for Q2 2023, up 36% quarter-over-quarter.
  • 62 funds opened new Coherent positions in Q2 2023 and 81 closed out, a net change of -19 holders.
  • The largest Coherent buyer in Q2 2023 was Tairen Capital, an estimated $124M added.
  • The largest Coherent seller in Q2 2023 was Wellington Management Group, an estimated $121M sold.

Based on aggregated 13F filings for Q2 2023.