IPG Photonics
IPGP
187 hedge funds and large institutions have $2.09B invested in IPG Photonics in 2013 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 81 increasing their positions, 58 reducing their positions, and 32 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 58
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2% less funds holding
Funds holding: 191 → 187 (-4)
11% less capital invested
Capital invested by funds: $2.36B → $2.09B (-$267M)
17% less call options, than puts
Call options by funds: $15.6M | Put options by funds: $18.7M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$48.2M |
| 2 |
Bank of New York Mellon
New York
|
+$29.3M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$24.5M |
| 4 |
ClearBridge Investments
New York
|
+$23.1M |
| 5 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$65.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$64.4M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$49.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$33.5M |
| 5 |
NAP
New Amsterdam Partners
New York
|
-$27.1M |
IPGP Hedge Fund Activity: Q3 2013 in Review
187 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in IPG Photonics (IPGP) for Q3 2013, worth a combined $2.09B — down 11% from $2.36B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of IPGP and 29 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 81 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $48.2M. The largest seller was Wellington Management Group, exiting entirely with an estimated $65.2M sold.
- 187 institutional investors held IPG Photonics (IPGP) as of Q3 2013, down from 191 in Q2 2013.
- Funds reported $2.09B of IPG Photonics stock for Q3 2013, down 11% quarter-over-quarter.
- 29 funds opened new IPG Photonics positions in Q3 2013 and 32 closed out, a net change of -3 holders.
- The largest IPG Photonics buyer in Q3 2013 was TimesSquare Capital Management, an estimated $48.2M added.
- The largest IPG Photonics seller in Q3 2013 was Wellington Management Group, an estimated $65.2M sold.
Based on aggregated 13F filings for Q3 2013.