Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock
IIVI
IIVI was delisted on the 30th of June, 2023.
34 hedge funds and large institutions have $604M invested in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
13% more funds holding
Funds holding: 30 → 34 (+4)
5% more capital invested
Capital invested by funds: $574M → $604M (+$30.4M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$13.5M |
| 2 |
SM
Skaana Management
Brooklyn,
New York
|
+$13.5M |
| 3 |
Two Sigma Investments
New York
|
+$9.77M |
| 4 |
Barclays
London,
United Kingdom
|
+$6.86M |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$5.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$14.1M |
| 2 |
VanEck Associates
New York
|
-$7.79M |
| 3 |
Morgan Stanley
New York
|
-$6.97M |
| 4 |
State Street
Boston,
Massachusetts
|
-$4.47M |
| 5 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$4.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
BlueCrest Capital Management
St Helier,
Jersey
| $350K | -$3.69M | -13,219 | -92% |
|
27
Invesco
Atlanta,
Georgia
| $325K | +$307K | +1,100 | New |
|
28
Envestnet Asset Management
Chicago,
Illinois
| $292K | +$276K | +990 | New |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $265K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $56K | +$53.3K | +191 | New |
|
31
Bank of America
Charlotte,
North Carolina
| $37K | -$2.99M | -10,708 | -99% |
|
|
NFSG
32
Newbridge Financial Services Group
Boca Raton,
Florida
| $15K | +$14K | +50 | New |
|
33
Osaic Holdings
Scottsdale,
Arizona
| $4K | -$35.7K | -128 | -90% |
|
|
UB
34
UMB Bank
Kansas City,
Missouri
| $4K | +$3.91K | +14 | New |
|
|
PCG
35
Private Capital Group
West Hartford,
Connecticut
| $2K | +$2.23K | +8 | New |
|
|
36
VanEck Associates
New York
| – | -$7.79M | -27,479 | Closed |
|
|
FBCM
37
Fort Baker Capital Management
Larkspur,
California
| – | -$4.4M | -15,438 | Closed |
|
|
WAM
38
Warberg Asset Management
Winnetka,
Illinois
| – | -$640K | -2,262 | Closed |
|
39
UBS Group
Zurich,
Switzerland
| – | -$16K | -56 | Closed |
|
IIVI Hedge Fund Activity: Q1 2022 in Review
34 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI) for Q1 2022, worth a combined $604M — up 5.3% from $574M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IIVI positions and 4 closed out — a net gain of 4 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $13.5M. The largest seller was CSS LLC, cutting an estimated $14.1M.
- 34 institutional investors held Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI) as of Q1 2022, up from 30 in Q4 2021.
- Funds reported $604M of Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock stock for Q1 2022, up 5.3% quarter-over-quarter.
- 8 funds opened new Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock positions in Q1 2022 and 4 closed out, a net change of +4 holders.
- The largest Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock buyer in Q1 2022 was Allianz Asset Management, an estimated $13.5M added.
- The largest Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock seller in Q1 2022 was CSS LLC, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2022.