IPG Photonics
IPGP
215 hedge funds and large institutions have $2.7B invested in IPG Photonics in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 86 increasing their positions, 67 reducing their positions, and 20 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 67
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
0% more funds holding
Funds holding: 214 → 215 (+1)
11% less call options, than puts
Call options by funds: $17.6M | Put options by funds: $19.7M
12% less capital invested
Capital invested by funds: $3.06B → $2.7B (-$365M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$47.1M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$25.9M |
| 3 |
TA
Teachers Advisors
New York
|
+$16.4M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$13.1M |
| 5 |
PIM
Provident Investment Management
Novi,
Michigan
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$77.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$48.4M |
| 3 |
CCI
Columbus Circle Investors
|
-$34.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$31.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$24.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMT
226
First Mercantile Trust
Cordova,
Tennessee
| – | -$466K | -6,000 | Closed |
|
227
Walleye Trading
New York
| – | -$379K | -5,393 | Closed |
|
228
Jane Street
New York
| – | -$329K | -4,235 | Closed |
|
229
Millennium Management
New York
| – | -$279K | -3,597 | Closed |
|
|
CA
230
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$200K | -2,994 | Closed |
|
231
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$223K | -2,867 | Closed |
|
232
Citadel Advisors
Miami,
Florida
| – | -$180K | -2,558 | Closed |
|
|
ASN
233
Advisory Services Network
Atlanta,
Georgia
| – | -$10K | -133 | Closed |
|
|
BPBT
234
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$6K | -75 | Closed |
|
|
CFA
235
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$1K | -21 | Closed |
|
IPGP Hedge Fund Activity: Q1 2014 in Review
215 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in IPG Photonics (IPGP) for Q1 2014, worth a combined $2.7B — down 12% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new IPGP positions and 20 closed out — a net gain of 3 holders — while 86 added to existing stakes and 67 trimmed.
The largest buyer was William Blair & Company, adding an estimated $47.1M. The largest seller was Perkins Investment Management, exiting entirely with an estimated $77.3M sold.
- 215 institutional investors held IPG Photonics (IPGP) as of Q1 2014, up from 214 in Q4 2013.
- Funds reported $2.7B of IPG Photonics stock for Q1 2014, down 12% quarter-over-quarter.
- 23 funds opened new IPG Photonics positions in Q1 2014 and 20 closed out, a net change of +3 holders.
- The largest IPG Photonics buyer in Q1 2014 was William Blair & Company, an estimated $47.1M added.
- The largest IPG Photonics seller in Q1 2014 was Perkins Investment Management, an estimated $77.3M sold.
Based on aggregated 13F filings for Q1 2014.