nLIGHT
LASR
250 hedge funds and large institutions have $1.68B invested in nLIGHT in 2025 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 92 increasing their positions, 86 reducing their positions, and 22 closing their positions.
123% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 22
73% more call options, than puts
Call options by funds: $1.69M | Put options by funds: $977K
32% more capital invested
Capital invested by funds: $1.27B → $1.68B (+$411M)
11% more funds holding
Funds holding: 226 → 250 (+24)
2.33% more ownership
Funds ownership: 85.95% → 88.28% (+2.3%)
7% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 86
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$36.8M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$24.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$11.4M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$10.9M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$34M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$16.3M |
| 3 |
RA
Royce & Associates
New York
|
-$13.5M |
| 4 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
-$10.8M |
| 5 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$9.59M |
LASR Hedge Fund Activity: Q4 2025 in Review
250 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in nLIGHT (LASR) for Q4 2025, worth a combined $1.68B — up 32% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new LASR positions and 22 closed out — a net gain of 27 holders — while 92 added to existing stakes and 86 trimmed.
The largest buyer was Artisan Partners, opening a new position worth an estimated $36.8M. The largest seller was Millennium Management, cutting an estimated $34M.
- 250 institutional investors held nLIGHT (LASR) as of Q4 2025, up from 226 in Q3 2025.
- Funds reported $1.68B of nLIGHT stock for Q4 2025, up 32% quarter-over-quarter.
- 49 funds opened new nLIGHT positions in Q4 2025 and 22 closed out, a net change of +27 holders.
- The largest nLIGHT buyer in Q4 2025 was Artisan Partners, an estimated $36.8M added.
- The largest nLIGHT seller in Q4 2025 was Millennium Management, an estimated $34M sold.
Based on aggregated 13F filings for Q4 2025.