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 ($17.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $72.46. Options: 28 managers hold calls ($302.8m notional), 20 hold puts ($208.7m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 414 |
| Q4 2022 | 431 |
| Q1 2023 | 428 |
| Q2 2023 | 410 |
| Q3 2023 | 399 |
| Q4 2023 | 407 |
| Q1 2024 | 472 |
| Q2 2024 | 496 |
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 |
| Q3 2023 | 200 | 205 |
| Q4 2023 | 207 | 190 |
| Q1 2024 | 239 | 211 |
| Q2 2024 | 232 | 246 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $196.1m | $93.1m | 0.47 |
| Q4 2023 | $174.4m | $118.0m | 0.68 |
| Q1 2024 | $317.1m | $218.5m | 0.69 |
| Q2 2024 | $302.8m | $208.7m | 0.69 |
Biggest buyers
| Invesco Ltd. | Added | +3.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.9m |
| FMR LLC | Added | +1.8m |
| PointState Capital LP | Added | +1.2m |
| Duquesne Family Office LLC | Added | +1.1m |
| Driehaus Capital Management LLC | Added | +885.8k |
| Sachem Head Capital Management LP | New | +831.9k |
| Hood River Capital Management LLC | Added | +765.3k |
| Point72 Asset Management, L.P. | Added | +596.5k |
| Whale Rock Capital Management LLC | Added | +469.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -2.3m |
| Polar Capital Holdings Plc | Sold out | -1.4m |
| FORT PITT CAPITAL GROUP, LLC | Reduced | -1.3m |
| Dodge & Cox | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -1.0m |
| Aspex Management (HK) Ltd | Sold out | -893.6k |
| MAVERICK CAPITAL LTD | Sold out | -548.1k |
| Holocene Advisors, LP | Sold out | -472.1k |
| FengHe Fund Management Pte. Ltd. | Sold out | -452.0k |
| Altimeter Capital Management, LP | Sold out | -428.3k |
Biggest calls
| JPMORGAN CHASE & CO | Added | $45.3m625.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $36.6m505.6k shares |
| PEAK6 Investments LLC | Reduced | $32.4m446.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $28.8m397.3k shares |
| Twin Tree Management, LP | Added | $28.0m386.8k shares |
| IMC-Chicago, LLC | Added | $25.9m357.2k shares |
| CITADEL ADVISORS LLC | Reduced | $24.9m343.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.3m183.0k shares |
| JANE STREET GROUP, LLC | Added | $12.7m175.7k shares |
| Select Equity Group, L.P. | Reduced | $11.7m160.9k shares |
Biggest puts
| Twin Tree Management, LP | Reduced | $47.7m658.8k shares |
| GOLDMAN SACHS GROUP INC | Added | $32.9m454.4k shares |
| CITADEL ADVISORS LLC | Added | $23.3m321.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $18.2m251.6k shares |
| IMC-Chicago, LLC | Added | $16.3m224.3k shares |
| JPMORGAN CHASE & CO | Reduced | $14.5m200.0k shares |
| Squarepoint Ops LLC | Added | $8.7m120.1k shares |
| PEAK6 Investments LLC | Reduced | $7.8m107.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.7m106.1k shares |
| Walleye Trading LLC | Reduced | $7.7m105.6k 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 2024
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 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 |
| Q3 2023 | 0 | — | 4 | $761.6k | $655.5k |
| Q4 2023 | 0 | — | 5 | $1.4m | $1.0m |
| Q1 2024 | 0 | — | 3 | $1.0m | $1.0m |
| Q2 2024 | 0 | — | 7 | $5.3m | $2.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-05 | Dreyer Michael L Director | Sold | $948.5k14.2k shares |
| 2024-06-04 | CORASANTI JOSEPH J Director | Sold | $752.8k11.4k shares |
| 2024-06-03 | BASHAW WALTER ROBERT II President | Sold plan | $1.3m19.2k shares |
| 2024-06-03 | Basso Ronald Chief Legal & Compliance Off. | Sold | $230.4k3.4k shares |
| 2024-05-23 | Xia Howard H. Director | Sold | $121.8k2.0k shares |
| 2024-05-16 | Basso Ronald Chief Legal & Compliance Off. | Sold | $462.4k7.8k shares |
| 2024-05-16 | Basso Ronald Chief Legal & Compliance Off. | Sold | $177.0k3.0k shares |
| 2024-05-16 | Xia Howard H. Director | Sold | $59.0k1.0k shares |
| 2024-05-15 | MATTERA VINCENT D JR Chief Executive Officer, director | Sold plan | $286.7k5.0k shares |
| 2024-05-15 | Koeppen Christopher Chief Innovation Officer | Sold plan | $114.6k2.0k shares |
| 2024-05-15 | Xia Howard H. Director | Sold | $58.0k1.0k shares |
| 2024-05-01 | BASHAW WALTER ROBERT II President | Sold plan | $238.5k4.4k shares |
| 2024-04-15 | MATTERA VINCENT D JR Chief Executive Officer, director | Sold plan | $265.5k5.0k shares |
| 2024-04-01 | BASHAW WALTER ROBERT II President | Sold plan | $264.4k4.4k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 15.4m $1.1bn | Added +38.5k |
| Dodge & Cox 0.61% of their portfolio | 14.0m $1.0bn | Reduced -1.1m |
| BlackRock Inc. 0.02% of their portfolio | 12.3m $890.8m | Reduced -8.0k |
| Invesco Ltd. 0.13% of their portfolio | 8.6m $623.1m | Added +3.2m |
| Point72 Asset Management, L.P. 0.98% of their portfolio | 4.2m $303.0m | Added +596.5k |
| STATE STREET CORP 0.01% of their portfolio | 4.0m $291.1m | Reduced -103.3k |
| FMR LLC 0.02% of their portfolio | 3.8m $275.3m | Added +1.8m |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 3.8m $273.4m | Added +1.9m |
| Duquesne Family Office LLC 9.22% of their portfolio | 3.6m $260.1m | Added +1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 3.5m $252.1m | Added +305.4k |
| PointState Capital LP 6.64% of their portfolio | 3.2m $232.5m | Added +1.2m |
| MACQUARIE GROUP LTD 0.23% of their portfolio | 2.8m $204.1m | Reduced -395.7k |
| Whale Rock Capital Management LLC 2.58% of their portfolio | 2.5m $182.0m | Added +469.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.3m $165.1m | Added +326.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.2m $158.0m | Added +62.7k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 1.9m $136.5m | Added +57.2k |
| NORGES BANK 0.02% of their portfolio | 1.7m $123.9m | Reduced -195.2k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 1.5m $110.5m | Reduced -282.7k |
| Hood River Capital Management LLC 2.16% of their portfolio | 1.4m $104.0m | Added +765.3k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.35% of their portfolio | 1.4m $101.5m | Reduced -346.2k |
| Artemis Investment Management LLP 1.31% of their portfolio | 1.3m $97.6m | Reduced -262.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.95% of their portfolio | 1.3m $95.7m | Reduced -178.1k |
| Driehaus Capital Management LLC 0.91% of their portfolio | 1.3m $94.5m | Added +885.8k |
| SNYDER CAPITAL MANAGEMENT L P 2.11% of their portfolio | 1.3m $94.3m | Reduced -91.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.2m $88.7m | Added +31.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.2m $85.0m | Added +74.5k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.39% of their portfolio | 1.1m $79.2m | Reduced -37.4k |
| MORGAN STANLEY 0.01% of their portfolio | 1.0m $75.6m | Reduced -2.3m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 986.0k $71.4m | Added +114.7k |
| Sachem Head Capital Management LP 3.00% of their portfolio | 831.9k $60.3m | New |
| ROYCE & ASSOCIATES LP 0.53% of their portfolio | 777.5k $56.3m | Reduced -105.1k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 734.0k $53.2m | Added +397.8k |
| TRUIST FINANCIAL CORP 0.08% of their portfolio | 717.1k $52.0m | Reduced -26.7k |
| PINNACLE ASSOCIATES LTD 0.80% of their portfolio | 702.8k $50.9m | Reduced -113.7k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.35% of their portfolio | 702.3k $50.9m | Reduced -31.9k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 687.1k $49.8m | Added +198.0k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 653.4k $47.3m | Added +17.5k |
| Select Equity Group, L.P. 0.18% of their portfolio | 637.9k $46.2m | Reduced -425.1k |
| NWI MANAGEMENT LP 5.02% of their portfolio | 540.0k $39.1m | Added +180.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 538.8k $39.0m | Added +92.2k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 518.9k $37.6m | Reduced -80.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 441.7k $32.0m | Reduced -139.8k |
| WATERS PARKERSON & CO., LLC 1.67% of their portfolio | 432.7k $31.4m | Added +6.8k |
| NORRIS PERNE & FRENCH LLP/MI 2.20% of their portfolio | 418.9k $30.4m | Added +138 |
| Rodgers Brothers Inc. 4.00% of their portfolio | 407.8k $29.6m | Added +5.7k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 405.8k $29.4m | Added +38.8k |
| Central Securities Corp 2.86% of their portfolio | 400.0k $29.0m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 397.3k $28.8m | Reduced -1.8k |
| Arnhold LLC 3.02% of their portfolio | 394.4k $28.6m | Reduced -22.4k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 379.9k $27.5m | Reduced -318 |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 379.9k $27.5m | Added +132.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 375.7k $27.2m | Reduced -49.0k |
| 1832 Asset Management L.P. 0.05% of their portfolio | 367.4k $26.6m | Added +228.0k |
| Minneapolis Portfolio Management Group, LLC 3.59% of their portfolio | 365.6k $26.5m | Added +3.2k |
| Alyeska Investment Group, L.P. 0.15% of their portfolio | 356.6k $25.8m | Added +284.3k |
| Value Aligned Research Advisors, LLC 5.53% of their portfolio | 348.5k $25.3m | Added +211.1k |
| BARCLAYS PLC 0.01% of their portfolio | 343.5k $24.9m | Added +112.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 342.5k $24.8m | Reduced -4.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 335.6k $24.3m | Added +121.9k |
| North Growth Management Ltd. 4.71% of their portfolio | 329.0k $23.8m | Reduced -19.0k |
| COMERICA BANK 0.10% of their portfolio | 318.5k $23.1m | Reduced -2.3k |
| MOORE CAPITAL MANAGEMENT, LP 0.48% of their portfolio | 299.8k $21.7m | New |
| Swiss National Bank 0.01% of their portfolio | 298.7k $21.6m | Reduced -500 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 282.0k $20.4m | Reduced -50.8k |
| PHILADELPHIA TRUST CO 1.52% of their portfolio | 270.6k $19.6m | Added +40.6k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 267.9k $19.4m | Added +99.4k |
| Oak Grove Capital LLC 4.88% of their portfolio | 262.9k $19.1m | Reduced -59.1k |
| FORT PITT CAPITAL GROUP, LLC 0.57% of their portfolio | 261.3k $18.9m | Reduced -1.3m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 248.1k $18.0m | Added +110.0k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.54% of their portfolio | 246.8k $17.9m | Reduced -11.0k |
| Terril Brothers, Inc. 6.38% of their portfolio | 245.4k $17.8m | Reduced -89.2k |
| Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio | 244.9k $17.5m | Reduced -152.2k |
| Legal & General Group Plc 0.00% of their portfolio | 239.9k $17.4m | Reduced -13.4k |
| Schonfeld Strategic Advisors LLC 0.13% of their portfolio | 228.0k $16.5m | Added +43.2k |
| UBS Group AG 0.00% of their portfolio | 221.9k $16.1m | Added +76.8k |
| Polar Asset Management Partners Inc. 0.41% of their portfolio | 221.1k $16.0m | Reduced -19.4k |
| Tredje AP-fonden 0.15% of their portfolio | 220.0k $15.9m | Unchanged |
| CI INVESTMENTS INC. 0.06% of their portfolio | 215.4k $15.6m | Added +2.3k |
| EAGLE ASSET MANAGEMENT INC 0.08% of their portfolio | 211.8k $15.4m | New |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 211.5k $15.3m | Added +64.0k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.21% of their portfolio | 205.1k $14.9m | Reduced -6.5k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.06% of their portfolio | 204.6k $14.8m | Added +34.6k |
| GENDELL JEFFREY L 0.52% of their portfolio | 204.6k $14.8m | Added +159.6k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 199.9k $14.5m | Reduced -230.5k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 196.2k $14.2m | Added +105.3k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 187.9k $13.6m | Added +133.8k |
| Penserra Capital Management LLC 0.17% of their portfolio | 184.9k $13.4m | Reduced -24.0k |
| ExodusPoint Capital Management, LP 0.14% of their portfolio | 178.6k $12.9m | Added +134.4k |
| J. Safra Sarasin Holding AG 0.24% of their portfolio | 177.9k $12.9m | First filing |
| PINNBROOK CAPITAL MANAGEMENT LP 3.84% of their portfolio | 175.5k $12.7m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 173.8k $12.6m | Reduced -50.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 173.7k $12.6m | Added +32.7k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 1.03% of their portfolio | 173.0k $12.5m | Reduced -10.0k |
| Rokos Capital Management LLP 0.29% of their portfolio | 173.0k $12.5m | New |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 172.0k $12.5m | Added +663 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 171.8k $12.5m | Added +31.8k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 171.0k $12.4m | New |
| VAN DEN BERG MANAGEMENT I, INC 3.67% of their portfolio | 170.6k $12.4m | Reduced -13.9k |
| THOMPSON INVESTMENT MANAGEMENT, INC. 1.89% of their portfolio | 168.9k $12.2m | Reduced -7.1k |
| Corebridge Financial, Inc. 0.07% of their portfolio | 167.8k $12.2m | First filing |