COHERENT CORP COHR
COM · Common Stock · CUSIP 19247G107 · ISIN US19247G1076
American technology company
- SectorTechnology
- IndustryOptical Instruments & Lenses
- HeadquartersSaxonburg, PA
- Founded1971
- Websitecoherent.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($25.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.94. Options: 30 managers hold calls ($349.6m notional), 25 hold puts ($168.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 414 |
| Q4 2022 | 431 |
| Q1 2023 | 428 |
| Q2 2023 | 410 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 225 | 191 |
| Q1 2023 | 208 | 189 |
| Q2 2023 | 177 | 240 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $78.5m | $71.4m | 0.91 |
| Q4 2022 | $47.0m | $82.8m | 1.76 |
| Q1 2023 | $52.0m | $92.3m | 1.78 |
| Q2 2023 | $349.6m | $168.7m | 0.48 |
Biggest buyers
| Tairen Capital Ltd | New | +3.3m |
| VANGUARD GROUP INC | Added | +2.0m |
| MORGAN STANLEY | Added | +1.2m |
| Select Equity Group, L.P. | Added | +942.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +925.6k |
| UBS Group AG | Added | +839.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Added | +790.8k |
| FRANKLIN RESOURCES INC | Added | +594.3k |
| Dodge & Cox | Added | +578.9k |
| FengHe Fund Management Pte. Ltd. | New | +540.9k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -3.3m |
| PICTET ASSET MANAGEMENT SA | Reduced | -2.3m |
| FMR LLC | Reduced | -1.5m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -1.5m |
| MACQUARIE GROUP LTD | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -979.0k |
| Ruffer LLP | Sold out | -833.1k |
| Channing Capital Management, LLC | Reduced | -550.7k |
| Weiss Multi-Strategy Advisers LLC | Reduced | -470.0k |
| NORGES BANK | Reduced | -453.6k |
Biggest calls
| Select Equity Group, L.P. | New | $124.7m2.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $52.2m1.0m shares |
| CITADEL ADVISORS LLC | Added | $34.0m666.1k shares |
| TWO SIGMA INVESTMENTS, LP | Added | $33.2m651.4k shares |
| JANE STREET GROUP, LLC | Added | $14.2m277.7k shares |
| UBS Group AG | New | $13.5m264.0k shares |
| PEAK6 Investments LLC | Added | $11.0m216.3k shares |
| GROUP ONE TRADING LLC | Added | $10.3m201.7k shares |
| SIMPLEX TRADING, LLC | Added | $9.2m179.5k shares |
| Caption Management, LLC | New | $7.1m139.6k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $50.2m985.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $27.7m544.2k shares |
| CLEAR STREET LLC | New | $19.8m388.8k shares |
| SIMPLEX TRADING, LLC | Added | $15.0m294.3k shares |
| Twin Tree Management, LP | New | $11.1m218.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $6.0m118.2k shares |
| JANE STREET GROUP, LLC | Added | $5.8m113.4k shares |
| TWO SIGMA INVESTMENTS, LP | Added | $5.2m101.9k shares |
| GROUP ONE TRADING LLC | Added | $4.3m83.9k shares |
| WOLVERINE TRADING, LLC | Added | $4.2m86.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| BlackRock, Inc. 13G · institution -1.9 pts · filed 2026-04-24 | 6.6% |
| FMR LLC 13G · institution -6.5 pts · filed 2026-07-08 | 5.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), BCPE Watson (DE) BML, LP (0.0%, 2026-02-11)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 4 | $1.3m | — |
| Q1 2022 | 0 | — | 7 | $2.8m | — |
| Q2 2022 | 0 | — | 2 | $55.7k | — |
| Q3 2022 | 1 | $438.4k | 1 | $171.7k | — |
| Q4 2022 | 0 | — | 1 | $117.4k | — |
| Q1 2023 | 0 | — | 2 | $262.2k | — |
| Q2 2023 | 1 | $299.8k | 5 | $4.0m | $3.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-20 | MATTERA VINCENT D JR Chief Executive Officer, director | Sold plan | $1.5m26.0k shares |
| 2023-06-20 | RAYMOND MARY JANE CFO & Treasurer | Sold plan | $60.0k1.0k shares |
| 2023-06-16 | BASHAW WALTER ROBERT II President | Sold plan | $139.2k2.5k shares |
| 2023-06-16 | RAYMOND MARY JANE CFO & Treasurer | Sold plan | $55.7k1.0k shares |
| 2023-06-14 | MATTERA VINCENT D JR Chief Executive Officer, director | Sold plan | $1.5m30.0k shares |
| 2023-06-14 | MOTLEY DAVID L Director | Bought | $299.8k6.0k shares |
| 2023-06-14 | RAYMOND MARY JANE CFO & Treasurer | Sold plan | $144.3k3.0k shares |
| 2023-06-09 | BASHAW WALTER ROBERT II President | Sold plan | $100.0k2.5k shares |
| 2023-06-02 | CORASANTI JOSEPH J Director | Sold | $317.4k8.3k shares |
| 2023-05-30 | Eng Julie Sheridan Chief Technology Officer | Sold | $120.1k3.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 0.68% of their portfolio | 19.9m $1.0bn | Added +578.9k |
| VANGUARD GROUP INC 0.02% of their portfolio | 13.9m $708.0m | Added +2.0m |
| BlackRock Inc. 0.02% of their portfolio | 11.7m $598.5m | Reduced -149.3k |
| FMR LLC 0.03% of their portfolio | 7.1m $361.8m | Reduced -1.5m |
| MACQUARIE GROUP LTD 0.23% of their portfolio | 4.0m $202.1m | Reduced -1.1m |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 3.9m $196.5m | Added +594.3k |
| STATE STREET CORP 0.01% of their portfolio | 3.7m $190.6m | Reduced -49.6k |
| Tairen Capital Ltd 5.34% of their portfolio | 3.3m $169.7m | New |
| AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio | 3.1m $158.4m | Reduced -1.5m |
| MORGAN STANLEY 0.01% of their portfolio | 2.8m $144.6m | Added +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.0m $99.8m | Added +82.0k |
| FORT PITT CAPITAL GROUP, LLC 3.11% of their portfolio | 1.7m $84.7m | Added +109.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.5m $77.1m | Added +39.4k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.28% of their portfolio | 1.5m $76.5m | Added +12.5k |
| Invesco Ltd. 0.02% of their portfolio | 1.3m $66.8m | Reduced -78 |
| Select Equity Group, L.P. 0.24% of their portfolio | 1.3m $63.9m | Added +942.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $63.8m | Reduced -51.8k |
| SNYDER CAPITAL MANAGEMENT L P 1.27% of their portfolio | 1.2m $59.4m | Reduced -17.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $55.0m | Reduced -15.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.52% of their portfolio | 1.1m $54.6m | Added +790.8k |
| PARADIGM CAPITAL MANAGEMENT INC/NY 3.03% of their portfolio | 1.0m $52.8m | Reduced -180.1k |
| Channing Capital Management, LLC 1.49% of their portfolio | 954.3k $48.7m | Reduced -550.7k |
| UBS Group AG 0.02% of their portfolio | 952.0k $48.5m | Added +839.4k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.52% of their portfolio | 925.6k $47.2m | New |
| PICTET ASSET MANAGEMENT SA 0.05% of their portfolio | 906.5k $46.2m | Reduced -2.3m |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.31% of their portfolio | 850.5k $43.4m | Added +20.3k |
| PINNACLE ASSOCIATES LTD 0.74% of their portfolio | 841.5k $42.9m | Reduced -31.1k |
| TRUIST FINANCIAL CORP 0.07% of their portfolio | 812.3k $41.4m | Reduced -172.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 775.5k $39.5m | Reduced -161.7k |
| NORGES BANK 0.01% of their portfolio | 755.0k $38.5m | Reduced -453.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 695.2k $35.4m | Reduced -262.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 619.9k $31.6m | Added +113.0k |
| Minneapolis Portfolio Management Group, LLC 4.00% of their portfolio | 592.3k $30.2m | Added +186.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 576.3k $29.4m | Reduced -3.3k |
| FengHe Fund Management Pte. Ltd. 5.45% of their portfolio | 540.9k $27.6m | New |
| Twin Tree Management, LP 0.56% of their portfolio | 530.5k $27.0m | New |
| SEI INVESTMENTS CO 0.05% of their portfolio | 527.7k $26.9m | Reduced -173.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 521.8k $26.6m | Reduced -26.5k |
| Point72 Hong Kong Ltd 7.84% of their portfolio | 515.5k $26.3m | New |
| Pinpoint Asset Management Ltd 0.02% of their portfolio | 503.9k $25.7m | New |
| HCEP Management Ltd 4.84% of their portfolio | 500.0k $25.5m | New |
| CloudAlpha Capital Management Limited/Hong Kong 4.89% of their portfolio | 487.3k $24.8m | New |
| Mariner, LLC 0.06% of their portfolio | 464.9k $23.7m | Reduced -15.6k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 464.4k $23.6m | Reduced -96.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 453.0k $23.1m | Reduced -13.8k |
| NORRIS PERNE & FRENCH LLP/MI 1.93% of their portfolio | 449.8k $22.9m | Added +4.4k |
| Oak Grove Capital LLC 8.38% of their portfolio | 448.0k $22.8m | Added +98.6k |
| Retirement Systems of Alabama 0.10% of their portfolio | 447.1k $22.8m | Added +13.0k |
| WATERS PARKERSON & CO., LLC 1.24% of their portfolio | 429.8k $21.9m | Reduced -3.8k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 421.9k $21.5m | Added +4.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 409.1k $20.9m | Added +263.6k |
| Rodgers Brothers Inc. 3.61% of their portfolio | 401.7k $20.5m | Added +66.9k |
| Arnhold LLC 2.31% of their portfolio | 400.2k $20.4m | Reduced -28.8k |
| Central Securities Corp 2.43% of their portfolio | 400.0k $20.4m | Unchanged |
| CLEAR STREET LLC 0.47% of their portfolio | 388.8k $19.8m | New |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 369.6k $18.8m | Reduced -12.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 362.9k $18.5m | Reduced -405.8k |
| Hunter Perkins Capital Management, LLC 2.01% of their portfolio | 357.5k $16.8m | Added +212.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 355.6k $18.1m | Reduced -147.0k |
| Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio | 349.3k $17.8m | Reduced -9.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 334.7k $17.1m | Reduced -53.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 334.7k $17.1m | Reduced -123.4k |
| ROYCE & ASSOCIATES LP 0.16% of their portfolio | 331.5k $16.9m | Added +33.7k |
| North Growth Management Ltd. 3.41% of their portfolio | 326.0k $16.6m | Added +24.0k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 310.3k $15.8m | New |
| EMERALD ADVISERS, LLC 0.69% of their portfolio | 307.9k $15.7m | Reduced -89.5k |
| Swiss National Bank 0.01% of their portfolio | 302.5k $15.4m | Added +3.1k |
| HighTower Advisors, LLC 0.03% of their portfolio | 298.5k $15.2m | Added +4.9k |
| First Eagle Investment Management, LLC 0.04% of their portfolio | 276.4k $14.1m | Added +26.9k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 261.8k $13.3m | Added +206.2k |
| Legal & General Group Plc 0.00% of their portfolio | 252.9k $12.9m | Added +15.5k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 252.7k $12.9m | Reduced -213.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 236.9k $12.1m | Reduced -37.0k |
| TEGEAN CAPITAL MANAGEMENT, LLC 7.54% of their portfolio | 220.0k $11.2m | Reduced -60.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 218.0k $11.1m | Reduced -14.4k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 214.5k $10.9m | Added +5.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 212.8k $10.8m | Added +13.1k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.07% of their portfolio | 210.0k $10.7m | Reduced -4.3k |
| STRS OHIO 0.05% of their portfolio | 210.0k $10.7m | Reduced -420.0k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.56% of their portfolio | 201.9k $10.3m | Reduced -104.6k |
| PHILADELPHIA TRUST CO 0.97% of their portfolio | 201.5k $10.3m | Added +5.7k |
| THOMPSON INVESTMENT MANAGEMENT, INC. 1.65% of their portfolio | 199.0k $10.1m | Reduced -9.1k |
| Trikon Asset Management Ltd 45.06% of their portfolio | 196.1k $10.0m | New |
| NEEDHAM INVESTMENT MANAGEMENT LLC 1.62% of their portfolio | 192.5k $9.8m | Reduced -31.0k |
| Kopion Asset Management, LLC 8.23% of their portfolio | 190.7k $9.7m | Reduced -16.3k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.30% of their portfolio | 189.5k $9.7m | Added +29.0k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 188.2k $9.6m | Added +30.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 187.6k $7.1m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 187.3k $9.6m | Reduced -244.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 187.2k $9.5m | Reduced -98.5k |
| Skylands Capital, LLC 1.36% of their portfolio | 186.1k $9.5m | Added +23.9k |
| SCOUT INVESTMENTS, INC. 0.17% of their portfolio | 180.1k $8.5m | Reduced -5.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 175.7k $9.0m | Added +90.9k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 175.1k $8.9m | Added +10.1k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 171.6k $8.7m | Reduced -42.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 162.3k $8.3m | Reduced -4.0k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 155.2k $7.9m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 147.3k $7.5m | Unchanged |
| Front Street Capital Management, Inc. 1.57% of their portfolio | 145.8k $7.4m | Added +6.0k |
| VAN DEN BERG MANAGEMENT I, INC 2.65% of their portfolio | 144.3k $7.4m | Added +48.2k |