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IPG Photonics

438 hedge funds and large institutions have $3.91B invested in IPG Photonics in 2018 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 150 increasing their positions, 179 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

6.74% more ownership

Funds ownership: 59.59%66.33% (+6.7%)

7% less funds holding

Funds holding: 473438 (-35)

16% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 179

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

22% less capital invested

Capital invested by funds: $5.01B → $3.91B (-$1.1B)

31% less call options, than puts

Call options by funds: $31.6M | Put options by funds: $46.1M

36% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 87

Holders
438
Holders Change
-35
Holders Change %
-7.4%
% of All Funds
9.76%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
56
Increased
150
Reduced
179
Closed
87
Calls
$31.6M
Puts
$46.1M
Net Calls
-$14.4M
Net Calls Change
+$3.08M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$420M +$5.02M +37,756 +1%
BlackRock
2
BlackRock
New York
$281M -$20.1M -151,387 -6%
First Eagle Investment Management
3
First Eagle Investment Management
New York
$172M +$191M +1,435,279 +1,760%
State Street
4
State Street
Massachusetts
$156M -$9.75M -73,344 -5%
AllianceBernstein
5
AllianceBernstein
Tennessee
$117M +$98.1M +737,840 +251%
Parnassus Investments
6
Parnassus Investments
California
$113M +$66.5M +500,000 +100%
HL
7
Harding Loevner
New Jersey
$112M +$8.48M +63,764 +7%
Lazard Asset Management
8
Lazard Asset Management
New York
$92.7M +$21.3M +160,612 +24%
Deutsche Bank
9
Deutsche Bank
Germany
$83.7M +$32.3M +243,298 +49%
EAM
10
Eagle Asset Management
Florida
$81.5M +$3.67M +27,622 +4%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$75.3M -$26.6M -199,786 -23%
Invesco
12
Invesco
Georgia
$74.3M -$26.2M -197,016 -23%
CTA
13
Carillon Tower Advisers
Florida
$69.9M -$8.94M -67,285 -10%
Norges Bank
14
Norges Bank
Norway
$68.3M +$6.08M +45,750 +8%
O
15
OppenheimerFunds
New York
$68.1M +$79.9M +601,052 New
Geode Capital Management
16
Geode Capital Management
Massachusetts
$62.7M +$3.23M +24,320 +5%
BNP Paribas Asset Management
17
BNP Paribas Asset Management
France
$59.4M +$29.7M +223,234 +76%
Morgan Stanley
18
Morgan Stanley
New York
$58.3M +$46.9M +353,195 +218%
BGIM
19
Brandywine Global Investment Management
Pennsylvania
$54.4M +$63.9M +480,495 +2,528,921%
Axa
20
Axa
France
$53M -$2.62M -19,686 -4%
JSP
21
Jackson Square Partners
California
$52.1M -$1.39M -10,459 -2%
ClearBridge Investments
22
ClearBridge Investments
New York
$51.5M -$1.84M -13,809 -3%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$46.2M +$6.1M +45,873 +13%
Northern Trust
24
Northern Trust
Illinois
$44.1M +$1.53M +11,536 +3%
DGI
25
Disciplined Growth Investors
Minnesota
$41.1M +$48.2M +362,678 New

IPGP Hedge Fund Activity: Q4 2018 in Review

438 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in IPG Photonics (IPGP) for Q4 2018, worth a combined $3.91B — down 22% from $5.01B a quarter earlier.

Sellers outnumbered buyers: 87 funds closed out of IPGP and 56 opened new positions — a net loss of 31 holders — while 179 trimmed existing stakes and 150 added.

The largest buyer was First Eagle Investment Management, adding an estimated $191M. The largest seller was Fidelity Investments, cutting an estimated $91.7M.

  • 438 institutional investors held IPG Photonics (IPGP) as of Q4 2018, down from 473 in Q3 2018.
  • Funds reported $3.91B of IPG Photonics stock for Q4 2018, down 22% quarter-over-quarter.
  • 56 funds opened new IPG Photonics positions in Q4 2018 and 87 closed out, a net change of -31 holders.
  • The largest IPG Photonics buyer in Q4 2018 was First Eagle Investment Management, an estimated $191M added.
  • The largest IPG Photonics seller in Q4 2018 was Fidelity Investments, an estimated $91.7M sold.

Based on aggregated 13F filings for Q4 2018.