Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock
IIVI
IIVI was delisted on the 30th of June, 2023.
31 hedge funds and large institutions have $270M invested in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 30 → 31 (+1)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
4% less capital invested
Capital invested by funds: $281M → $270M (-$10.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$6.81M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$5.74M |
| 3 |
SM
Skaana Management
Brooklyn,
New York
|
+$3.01M |
| 4 |
JP Morgan Chase
New York
|
+$2.48M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
-$9.39M |
| 2 |
Two Sigma Investments
New York
|
-$7.03M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.63M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.83M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $152K | – | – | – |
|
27
Morgan Stanley
New York
| $73.7K | -$457K | -2,841 | -86% |
|
28
Bank of America
Charlotte,
North Carolina
| $62K | -$161K | -1,000 | -72% |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $30.7K | +$483 | +3 | +2% |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $15.5K | -$4.67K | -29 | -24% |
|
|
CS
31
Comerica Securities
Detroit,
Michigan
| $7.33K | +$7.24K | +45 | New |
|
|
AAI
32
Aequim Alternative Investments
Mill Valley,
California
| – | -$9.39M | -60,000 | Closed |
|
|
33
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$5.63M | -36,011 | Closed |
|
|
CL
34
CSS LLC
Chicago,
Illinois
| – | -$427K | -2,704 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | +$161 | +1 | New |
|
IIVI Hedge Fund Activity: Q4 2022 in Review
31 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI) for Q4 2022, worth a combined $270M — down 3.8% from $281M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IIVI positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 11 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $6.81M. The largest seller was Aequim Alternative Investments, exiting entirely with an estimated $9.39M sold.
- 31 institutional investors held Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI) as of Q4 2022, up from 30 in Q3 2022.
- Funds reported $270M of Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock stock for Q4 2022, down 3.8% quarter-over-quarter.
- 4 funds opened new Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock positions in Q4 2022 and 3 closed out, a net change of +1 holder.
- The largest Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock buyer in Q4 2022 was VOYA Investment Management, an estimated $6.81M added.
- The largest Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock seller in Q4 2022 was Aequim Alternative Investments, an estimated $9.39M sold.
Based on aggregated 13F filings for Q4 2022.