Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock
IIVI
IIVI was delisted on the 30th of June, 2023.
30 hedge funds and large institutions have $574M invested in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock in 2021 Q4 according to their latest regulatory filings, with 29 funds opening new positions, increasing their positions, 1 reducing their positions, and closing their positions.
22,282% more capital invested
Capital invested by funds: $2.56M → $574M (+$571M)
2,900% more funds holding
Funds holding: 1 → 30 (+29)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$88.2M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$74.2M |
| 3 |
BlackRock
New York
|
+$51.9M |
| 4 |
Two Sigma Investments
New York
|
+$45.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$37.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$17.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
D.E. Shaw & Co
New York
| $1.08M | +$1.01M | +3,829 | New |
|
|
WAM
27
Warberg Asset Management
Winnetka,
Illinois
| $640K | +$600K | +2,262 | New |
|
28
Wellington Management Group
Boston,
Massachusetts
| $503K | +$471K | +1,777 | New |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $333K | – | – | – |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $40K | +$37.9K | +143 | New |
|
31
UBS Group
Zurich,
Switzerland
| $16K | +$14.8K | +56 | New |
|
IIVI Hedge Fund Activity: Q4 2021 in Review
30 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI) for Q4 2021, worth a combined $574M — up 22,282% from $2.56M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new IIVI positions and 0 closed out — a net gain of 29 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $88.2M. The largest seller was Laffer Tengler Investments, cutting an estimated $17.8K.
- 30 institutional investors held Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI) as of Q4 2021, up from 1 in Q3 2021.
- Funds reported $574M of Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock stock for Q4 2021, up 22,282% quarter-over-quarter.
- 29 funds opened new Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock positions in Q4 2021 and 0 closed out, a net change of +29 holders.
- The largest Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock buyer in Q4 2021 was Wolverine Asset Management, an estimated $88.2M added.
- The largest Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock seller in Q4 2021 was Laffer Tengler Investments, an estimated $17.8K sold.
Based on aggregated 13F filings for Q4 2021.