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 $422M invested in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 34 → 34 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
30% less capital invested
Capital invested by funds: $604M → $422M (-$182M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$21.9M |
| 2 |
Barclays
London,
United Kingdom
|
+$2.54M |
| 3 |
JP Morgan Chase
New York
|
+$1.69M |
| 4 |
RA
Royce & Associates
New York
|
+$380K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$13.2M |
| 2 |
SM
Skaana Management
Brooklyn,
New York
|
-$5.02M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$3.27M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.05M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $244K | +$36.5K | +145 | +15% |
|
27
Invesco
Atlanta,
Georgia
| $237K | – | – | – |
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $212K | +$249K | +987 | New |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $185K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $41K | -$504 | -2 | -1% |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $26K | +$26.9K | +107 | +713% |
|
|
MF
32
Magnetar Financial
Evanston,
Illinois
| $16.7K | – | – | – |
|
|
NFSG
33
Newbridge Financial Services Group
Boca Raton,
Florida
| $11K | – | – | – |
|
|
UB
34
UMB Bank
Kansas City,
Missouri
| $3K | – | – | – |
|
|
PCG
35
Private Capital Group
West Hartford,
Connecticut
| $2K | – | – | – |
|
|
BCM
36
BlueCrest Capital Management
St Helier,
Jersey
| – | -$350K | -1,187 | Closed |
|
IIVI Hedge Fund Activity: Q2 2022 in Review
34 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI) for Q2 2022, worth a combined $422M — down 30% from $604M a quarter earlier.
Fund positioning in IIVI was balanced in Q2 2022: 1 fund opened new positions, 1 closed out, 9 added to existing stakes and 12 trimmed.
The largest buyer was HSBC Holdings, adding an estimated $21.9M. The largest seller was Weiss Asset Management, cutting an estimated $13.2M.
- 34 institutional investors held Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $422M of Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock stock for Q2 2022, down 30% quarter-over-quarter.
- 1 fund opened new Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock positions in Q2 2022 and 1 closed out, a net change of 0 holders.
- The largest Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock buyer in Q2 2022 was HSBC Holdings, an estimated $21.9M added.
- The largest Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock seller in Q2 2022 was Weiss Asset Management, an estimated $13.2M sold.
Based on aggregated 13F filings for Q2 2022.