Steven Cohen's hedge fund boosted its stake in Kla-tencor

Point72 Asset Management added 1,381,930 shares of KLAC, expanding the total number of shares owned by the fund to 1,409,894, valued at $126,171,000. This equals an increase of 4,941.82% over the last quarter's 27,964 shares. Kla-tencor now represents 0.73% of the hedge fund's investment portfolio.

Hedge Funds Buying KLAC

Gotham Asset Management has been inflating its holdings in Kla-tencor during the past several months, adding 15,079 shares in the 2nd quarter and an additional 46,767 shares in the 3rd quarter, boosting the total number of shares held by the fund to 233,123. The firm now owns a $20.9 million investment in KLAC, representing 0.32% of the firm's portfolio. This equals an increase of 25.10% over the last quarter's 186,356 shares.

Two Sigma Advisers increased its position in KLAC by 144,200 shares, bringing the aggregate number of shares owned by the fund to 1,427,332, worth about $127,732,000. This evaluates to a growth of 11.24% over the past quarter's 1,283,132 shares. Kla-tencor now makes up 0.35% of the firm's stock portfolio.

Hedge Funds Selling KLAC

Hudson Bay Capital Management unloaded its $4.9 million holdings in KLAC. The hedge fund unloaded 51,300 shares of the company in the last quarter.

Tudor Investment off-loaded 18,846 shares of KLAC, diminishing the total number of shares owned by the fund to 33,799, worth about $3,025,000. This amounts to a reduction of -35.80% over the prior quarter's 52,645 shares. KLAC now accounts for 0.21% of the firm's investment portfolio.

Following the disposition of 18,576 shares, BlueCrest Capital Management now owns a stake of 4,465 shares of KLAC, valued at $400,000. KLAC now accounts for 0.02% of the fund's investments. This adds up to a decline of -80.62% over the last quarter's 23,041 shares.

Top Holders of KLAC

Primecap Management, Point72 Asset Management, and Sensato Investors are the top holders of KLAC. Primecap Management has been selling away its stake in Kla-tencor in the past several months, dumping 81,440 shares in the 2nd quarter and 70,635 more shares in the 3rd quarter, shrinking the cumulative number of shares owned by the fund to 12,237,661. The firm now holds a $1.1 billion investment in Kla-tencor, making up 0.89% of the hedge fund's investment portfolio. This equals a decline of -0.57% over the last quarter's 12,308,296 shares.

29,900 shares of KLAC were purchased by Sensato Investors, growing the total number of shares owned by the hedge fund to 29,900, valued at $2,676,000. This amounts to an increase of% over the last quarter's 0 shares. KLAC now accounts for 0.71% of the firm's stock portfolio.

Alkeon Capital Management has been accumulating KLAC shares during the prior year, loading up 325,000 shares in the 2nd quarter and 101,809 additional shares in the 3rd quarter, expanding the total number of shares held by the fund to 436,809. The firm now holds a $39.1 million position in Kla-tencor, comprising 0.56% of the firm's investment portfolio. This evaluates to an increase of 30.39% over the last quarter's 335,000 shares.

KLAC Stock Price

KLAC moved 0.31% yesterday, rising to a high of 117 before falling off to close at 116.12. The stock began the day at 115.83, approximately 0.06% higher than its past close of 115.76. KLAC is drifting a long way from its TTM low of 80.65 and is near its 52-week high of 123.96. KLAC has a modest price/earnings ratio of 12.72 and a div. yield of 2.58%. The company has a mkt cap of $19.00 billion.