Situational Awareness LP Boosts Stake in Coherent in Latest 13F Filing

Situational Awareness LP Boosts Stake in Coherent in Latest 13F Filing

In its latest SEC 13F filing, Situational Awareness LP reported a significant increase in its holdings of Coherent (NASDAQ: COHR), a leading player in the electronics industry. The hedge fund added 325,900 shares to its position, reflecting a notable buying activity in the recent quarter.

A Closer Look at the Numbers

The additional 325,900 shares brought the total market value of Situational Awareness LP's holdings in Coherent to $104.34 million. This position now represents 1.85% of the hedge fund's overall portfolio, emphasizing its growing confidence in the electronics sector. The adjustment also means that the fund now owns approximately 0.26% of Coherent's total outstanding shares, showcasing its influence as a shareholder.

Why Is Situational Awareness LP Buying Coherent?

Coherent operates within the electronics industry, a sector that has been experiencing significant demand due to technological advancements and increased adoption of innovative solutions. Situational Awareness LP's decision to increase its stake could reflect a strategic bet on the company's growth potential and the broader industry outlook.

How Does This Impact the Fund's Portfolio?

With Coherent now accounting for 1.85% of the portfolio, this move highlights a calculated effort to diversify or strengthen exposure to the electronics sector. The 0.17% increase in the position size underscores a moderate but meaningful adjustment, aligning with the fund's investment strategy.

Explore Further

For a comprehensive view of Situational Awareness LP’s portfolio and historical 13F filings, view their full real-time portfolio here.