IPG Photonics
IPGP
440 hedge funds and large institutions have $4.03B 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.
6.74% more ownership
Funds ownership: 59.75% → 66.5% (+6.7%)
7% less funds holding
Funds holding: 475 → 440 (-35)
16% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 179
20% less capital invested
Capital invested by funds: $5.02B → $4.03B (-$993M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$191M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$98.1M |
| 3 |
O
OppenheimerFunds
New York
|
+$79.9M |
| 4 |
Parnassus Investments
San Francisco,
California
|
+$66.5M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$63.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$91.7M |
| 2 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$55.3M |
| 3 |
Neuberger Berman Group
New York
|
-$34.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$33.8M |
| 5 |
KCM
Keywise Capital Management
Grand Cayman,
Cayman Islands
|
-$32.4M |
IPGP Hedge Fund Activity: Q4 2018 in Review
440 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in IPG Photonics (IPGP) for Q4 2018, worth a combined $4.03B — down 20% from $5.02B 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.
- 440 institutional investors held IPG Photonics (IPGP) as of Q4 2018, down from 475 in Q3 2018.
- Funds reported $4.03B of IPG Photonics stock for Q4 2018, down 20% 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.