Stanley Druckenmiller acquired 2.82 Million Coherent shares worth $199 Million. That's 5.72% of their entire equity portfolio (5th largest holding). The investor owns 1.79% of the outstanding Coherent stock. Stanley Druckenmiller started to build up the position in Coherent in Q1 2024 and continued to invest until Q2 2024. Since then they sold 769 Thousand shares. The stake costed the investor $159 Million, netting the investor a gain of 25% so far.