nLIGHT, Inc.

LASR • NASDAQ

nLIGHT, Inc. is a semiconductors company in the technology sector on NASDAQ, led by Joseph Corso, with a market cap of $1.8B. As of Q3 2025, 86% of shares are held by 222 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.75%.

Chief Executive OfficerJoseph Corso

Market Cap$1.8B

Semiconductors

Technology

Employees930.0

Websitenlight.net

Country

United States of America

Overview

Overview of institutional ownership in LASR as of Q3 2025 with a market cap of $1.5B

All Institutions

Institutions: 222
Value Held: $1.3B
Shares Held: 42.8M
Avg Position: $5.7M
Median Position: $747.8K

Hedge Funds

Hedge Funds: 47
Value Held: $331.0M
Shares Held: 11.2M
Avg Position: $7.0M
Median Position: $1.2M

Ownership Breakdown

Institutional (non-HF)

63.47%

$938.4M

Hedge Funds

22.39%

$331.0M

Retail & Other

14.14%

$209.1M

Based on market cap of $1.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LASR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$144.1M 0.00% of portfolio	9.75% 4.9M shares	Q2 2018 Held for 7y 5m	$6.69T
B BlackRock, Inc. Institution	-	$133.9M 0.00% of portfolio	9.05% 4.5M shares	Q2 2018 Held for 7y 5m	$5.67T
NEEDHAM INVESTMENT MANAGEMENT LLC Hedge Fund•Long/Short	George Austin Needham CEO	$53.1M 3.71% of portfolio	3.59% 1.8M shares	Q2 2021 Held for 4y 5m	$1.4B
H Harvey Partners, LLC Institution	-	$41.4M 3.77% of portfolio	2.80% 1.4M shares	Q1 2023 Held for 2y 8m	$1.1B
R ROYCE & ASSOCIATES LLC Institution	-	$39.4M 0.39% of portfolio	2.66% 1.3M shares	Q2 2018 Held for 7y 5m	$10.0B
N Neuberger Berman Group LLC Institution	-	$38.2M 0.03% of portfolio	2.59% 1.3M shares	Q3 2022 Held for 3y 2m	$136.94B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$36.0M 0.00% of portfolio	2.43% 1.2M shares	Q2 2018 Held for 7y 5m	$1.57T
A AWM Investment Company, Inc. Hedge Fund•Event Driven	David Michael Greenhouse President	$34.7M 3.25% of portfolio	2.34% 1.2M shares	Q1 2021 Held for 4y 8m	$1.1B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$32.7M 0.03% of portfolio	2.21% 1.1M shares	Q3 2022 Held for 3y 2m	$121.98B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$31.3M 0.00% of portfolio	2.12% 1.1M shares	Q2 2018 Held for 7y 5m	$633.08B

Net Capital Flow

Institutional buying and selling activity for LASR in Q3 2025

Traded: +$38.7M
Buyers: 135
Sellers: 93
Total Bought: +$274.9M
Total Sold: −$236.1M
Avg Position: $5.2M

Biggest Buyers

Institution	Net Bought	Current Position
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$24.8M +837.0K shares	$24.8M 837.0K shares
Invesco Ltd. ETF Provider	+$24.8M +835.7K shares	$31.3M 1.1M shares
Portolan Capital Management, LLC Hedge Fund•Long/Short	+$22.8M +769.8K shares	$22.8M 769.8K shares
VANGUARD GROUP INC Institution	+$22.2M +748.0K shares	$144.1M 4.9M shares
Hood River Capital Management LLC Long Only Manager	+$16.8M +567.7K shares	$16.8M 567.7K shares
Marshall Wace LLP Institution	+$15.8M +532.5K shares	$18.7M 631.5K shares
EMERALD ADVISERS INC/PA Long Only Manager	+$14.3M +481.6K shares	$14.4M 486.5K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$12.2M +411.4K shares	$22.4M 755.8K shares
M MYDA Advisors LLC Hedge Fund•Long/Short	+$9.8M +332.0K shares	$9.8M 332.0K shares
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	+$8.6M +291.1K shares	$8.6M 291.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
RIMA SENVEST MANAGEMENT, L.L.C. Hedge Fund•Multi-Strategy	−$27.0M −909.7K shares	$26.7M 900.6K shares
H Harvey Partners, LLC Institution	−$21.0M −709.9K shares	$41.4M 1.4M shares
R ROYAL BANK OF CANADA Institution	−$18.1M −612.3K shares	$3.0M 100.4K shares
R ROYCE & ASSOCIATES LLC Institution	−$17.3M −584.2K shares	$39.4M 1.3M shares
D Divisar Capital Management LLC Hedge Fund•Long/Short	−$16.2M −548.1K shares	$17.1M 575.4K shares
SEGALL BRYANT & HAMILL Long Only Manager	−$11.1M −563.9K shares	Sold Off 0 shares
Marathon Asset Mgmt Ltd Long Only Manager	−$11.0M −369.9K shares	$10.8M 366.1K shares
Bank of New York Mellon Corp Institution	−$10.2M −342.8K shares	$4.2M 143.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$8.4M −284.4K shares	$3.7M 126.1K shares
PINNACLE ASSOCIATES LTD Long Only Manager	−$6.7M −225.2K shares	$27.5M 928.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LASR in Q3 2025

New Positions: 30
New Value: $56.3M
Exited Positions: 23
Exited Value: $30.3M

New Positions

Institution	Position Value
Portolan Capital Management, LLC Hedge Fund•Long/Short	$22.8M 769.8K shares
M MYDA Advisors LLC Hedge Fund•Long/Short	$9.8M 332.0K shares
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	$8.6M 291.1K shares
OBERWEIS ASSET MANAGEMENT INC/ Long Only Manager	$7.9M 266.0K shares
V Virtue Capital Management, LLC RIA/Wealth	$972.7K 32.8K shares
BURNEY CO/ RIA/Wealth	$718.8K 24.3K shares
Counterpoint Mutual Funds LLC ETF Provider	$505.6K 17.1K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$477.3K 16.1K shares
O OXFORD ASSET MANAGEMENT Institution	$447.9K 15.1K shares
B Baader Bank INC Institution	$435.6K 14.7K shares

Exited Positions

Institution	Previous Position
SEGALL BRYANT & HAMILL Long Only Manager	$11.1M 563.9K shares
Polar Capital Holdings Plc Long Only Manager	$3.7M 189.2K shares
I Invenomic Capital Management LP Hedge Fund•Long/Short	$3.3M 165.3K shares
Quantbot Technologies LLC Hedge Fund•Quant	$2.3M 115.4K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$2.2M 114.2K shares
AMERIPRISE FINANCIAL INC Institution	$1.1M 55.7K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$1.1M 55.4K shares
D Dynamic Technology Lab Private Ltd Institution	$859.4K 43.7K shares
V Virtu Financial LLC Institution	$788.8K 40.1K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$666.5K 33.9K shares

Options Activity

Institutions with the largest Call and Put options positions in LASR as of Q3 2025

Call Positions: 3
Call Value: $4.2M
Put Positions: 3
Put Value: $2.9M

Call Positions

Institution	Position Value
M MYDA Advisors LLC Hedge Fund•Long/Short	$2.4M 798.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.0M 344.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$808.9K 273.0 contracts

Put Positions

Institution	Position Value
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$1.7M 574.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$625.2K 211.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$539.3K 182.0 contracts

Most Committed Institutions

Institutions with LASR as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A AIGH Capital Management LLC Hedge Fund•Long/Short	Orin Zvi Hirschman Managing Partner	5.61% $17.8M	1.20% 600.1K shares	Q2 2025 Held for 5 months	$317.0M
D Divisar Capital Management LLC Hedge Fund•Long/Short	Steven Richard Baughman CEO	4.64% $17.1M	1.15% 575.4K shares	Q4 2022 Held for 2y 11m	$367.6M
H Harvey Partners, LLC Institution	-	3.77% $41.4M	2.80% 1.4M shares	Q1 2023 Held for 2y 8m	$1.1B
NEEDHAM INVESTMENT MANAGEMENT LLC Hedge Fund•Long/Short	George Austin Needham CEO	3.71% $53.1M	3.59% 1.8M shares	Q2 2021 Held for 4y 5m	$1.4B
R Roubaix Capital, LLC Hedge Fund•Long/Short	Christopher Edmund Hillary CEO	3.28% $7.2M	0.49% 244.1K shares	Q2 2025 Held for 5 months	$220.3M
A AWM Investment Company, Inc. Hedge Fund•Event Driven	David Michael Greenhouse President	3.25% $34.7M	2.34% 1.2M shares	Q1 2021 Held for 4y 8m	$1.1B
M MYDA Advisors LLC Hedge Fund•Long/Short	Jason Marc Lieber Managing Partner	3.22% $9.8M	0.67% 332.0K shares	Q3 2025 Held for 2 months	$305.2M
F First Washington CORP RIA/Wealth	David Dixon Lewis Chairman	3.12% $11.6M	0.79% 392.8K shares	Q3 2018 Held for 7y 2m	$373.0M
AMH Equity Ltd Hedge Fund•Long/Short	Adam Michael Hutt President	1.88% $1.5M	0.10% 50.0K shares	Q1 2025 Held for 8 months	$78.8M
Portolan Capital Management, LLC Hedge Fund•Long/Short	George Frederic Mccabe CIO	1.23% $22.8M	1.54% 769.8K shares	Q3 2025 Held for 2 months	$1.8B

Hedge Fund Spotlight

Discover hedge funds investing in LASR

PharVision Advisers, LLC

Hedge Fund • Long/Short

Portfolio ManagerBlagovest Dimitrov Baychev

Portfolio Value: $176.9M
Positions: 650
Last Reported: Q3 2025

Sector Allocation

Position in nLIGHT, Inc.

Market Value: $477.3K
Shares Held: 16.1K
Portfolio Weight: 0.27%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Wayfair W	Specialty Retail Consumer Cyclical	$877.8K	0.50%
2 ExlService Holdings EXLS	Information Technology Services Technology	$780.4K	0.44%
3 UP Fintech Holding Ltd TIGR	Financial - Capital Markets Financial Services	$733.7K	0.41%