undamentalytics Newsletter

IPG Photonics Corp: which funds bought and sold

Institutions that bought and sold IPG Photonics shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 208 institutions that filed 13F reports for both quarters added to or opened positions in IPG Photonics, and 142 cut or closed them. Together they added a net 4.5M shares, +15.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 4.0M shares (+39.3%); index fund managers were net buyers of 247K shares (+3.3%). 62 opened a new position and 43 sold out entirely.

Bought, Q2 2026 208 institutions, 62 of them new holders Sold, Q2 2026 142 institutions, 43 of them sold out
Net change, all compared +4.5M shares (+15.6%)
Net change, active managers +4.0M shares (+39.3%), 33 bought, 14 sold

Buyers versus sellers

institutions compared, 394
Active managers and hedge funds 33 bought · 14 sold · +4.0M
Index fund managers 7 bought · 3 sold · +247K
Other institutions 168 bought · 125 sold · +295K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
First Eagle Investment Management, LLC Active manager +2.1M +45.4% 6.7M $783M
Victory Capital Management Inc Active manager +1.3M +32558.5% 1.3M $154M
Next Century Growth Investors LLC +271K New position 271K $31.8M
Citadel Advisors LLC Hedge fund +192K +103.4% 378K $44.3M
Ameriprise Financial Inc +154K +226.6% 222K $26M
Blackrock, Inc. Index funds +137K +5.1% 2.9M $334M
Neuberger Berman Group LLC Active manager +133K +15.7% 977K $114M
Legal & General Group PLC +122K +68.9% 299K $35.1M
Westwood Holdings Group Inc Active manager +122K +15.7% 902K $106M
Clear Street Group Inc. +103K New position 103K $12M
Goldman Sachs Group Inc +97K +152.0% 160K $18.8M
Congruence Capital, LLC +95K New position 95K $11.1M
Tuttle Capital Management, LLC +91K New position 91K $10.7M
State Street Corp Index funds +90K +11.0% 909K $107M
Exchange Traded Concepts, LLC +89K +41.1% 304K $35.7M
Aristotle Capital Boston, LLC +71K +456.1% 86K $10.1M
Acadian Asset Management LLC Active manager +56K +267.0% 77K $9.1M
Lazard Asset Management LLC Active manager +53K +3.9% 1.4M $168M
BNP Paribas Financial Markets +45K +348.5% 58K $6.8M
Old West Investment Management, LLC +44K +118.1% 81K $9.5M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Fuller & Thaler Asset Management, Inc. −373K −67.5% 179K $21M
Invesco Ltd. −187K −31.8% 400K $46.9M
Morgan Stanley −161K −27.2% 432K $50.6M
Baillie Gifford & Co Active manager −109K −40.4% 160K $18.8M
Dimensional Fund Advisors LP −101K −5.9% 1.6M $188M
First Trust Advisors LP −66K −50.7% 64K $7.5M
Castleark Management LLC −60K Sold out 0 —
Jpmorgan Chase & Co −56K −40.9% 82K $9.2M
Retirement Systems Of Alabama −53K −66.8% 26K $3.1M
UBS Group AG −44K −30.2% 102K $11.9M
Qsm Asset Management Ltd −39K Sold out 0 —
Concurrent Investment Advisors, LLC −35K Sold out 0 —
Intech Investment Management LLC Active manager −34K −73.6% 12K $1.4M
Decker Retirement Planning Inc. −33K Sold out 0 —
Xtx Topco Ltd −29K Sold out 0 —
Charles Schwab Investment Management Inc Index funds −24K −7.4% 300K $35.2M
Osaic Holdings, Inc. −23K −96.9% 720 $84,465
Millennium Management LLC Hedge fund −23K Sold out 0 —
Prudential Financial Inc −21K Sold out 0 —
Strs Ohio −21K −97.5% 541 $63,470

New positions

largest by value

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Castleark Management LLC 60K $6.9M
Qsm Asset Management Ltd 39K $4.3M
Concurrent Investment Advisors, LLC 35K $4.1M
Decker Retirement Planning Inc. 33K $3.7M
Xtx Topco Ltd 29K $3.3M
Millennium Management LLCHedge fund 23K $2.6M
Prudential Financial Inc 21K $2.4M
Trexquant Investment LPHedge fund 12K $1.4M
Marshall Wace, LLPHedge fund 10K $1.2M
Prospera Financial Services Inc 9,461 $1.1M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
356
Ten largest holders
59.0%
of 13F-reported shares
Index fund managers
23.1%
of 13F-reported shares
Active managers and hedge funds
41.7%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 33 14 9 9 +4.0M +39.3%
Index fund managers 7 3 0 0 +247K +3.3%
Other institutions 168 125 53 34 +295K +2.6%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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