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Institutional Ownership · SEC Form 13F

Who owns IPGP (IPGP)


Which tracked institutional funds hold IPGP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IPGP company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

334
Institutional holders
27,875,723
Shares held (tracked funds)
66.2%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on IPGP is one-sided between 2025-Q4 and 2026-Q1: 147 added or opened and 33 trimmed or exited — on balance accumulating.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

IPGP’s largest tracked holder by dollar value, First Eagle Investment Management, LLC, sizes it at 0.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in IPGP divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 334 tracked filers holding IPGP, 192 increased or opened the position and 131 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in IPGP between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 31

  • VANGUARD PORTFOLIO MANAGEMENT LLC$188M
  • VANGUARD CAPITAL MANAGEMENT LLC$130M
  • WESTWOOD HOLDINGS GROUP INC$89M
  • VANGUARD FIDUCIARY TRUST CO$18M
  • FIRST TRUST ADVISORS LP$15M
  • Pier Capital, LLC$5M

Full exits 19

  • VANGUARD GROUP INC$187M
  • D. E. Shaw & Co., Inc.$7M
  • JACOBS LEVY EQUITY MANAGEMENT, INC$6M
  • VOLORIDGE INVESTMENT MANAGEMENT, LLC$4M
  • Assenagon Asset Management S.A.$3M
  • Polar Asset Management Partners Inc.$3M

Largest adds

  • First Eagle Investment Management, LLC$205M
  • DIMENSIONAL FUND ADVISORS LP$65M
  • FULLER & THALER ASSET MANAGEMENT, INC.$56M
  • NEUBERGER BERMAN GROUP LLC$46M
  • Invesco Ltd.$44M
  • STATE STREET CORP$36M

Largest trims

  • ALLIANCEBERNSTEIN L.P.$96M
  • BlackRock, Inc.$16M
  • Retirement Systems of Alabama$6M
  • AQR CAPITAL MANAGEMENT LLC$3M
  • INTECH INVESTMENT MANAGEMENT LLC$1M
  • AMERICAN CENTURY COMPANIES INC$1M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
First Eagle Investment Management, LLC added4,593,349$526M15.9%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed1,701,269$195M5.9%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new1,639,991$188M5.7%2026-Q1
BlackRock, Inc. trimmed1,396,053$160M4.8%2026-Q1
LAZARD ASSET MANAGEMENT LLC trimmed1,374,460$157M4.8%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed1,350,328$155M4.7%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,138,725$130M3.9%2026-Q1
NEUBERGER BERMAN GROUP LLC added844,398$97M2.9%2026-Q1
STATE STREET CORP added819,259$94M2.8%2026-Q1
WESTWOOD HOLDINGS GROUP INC new779,528$89M2.7%2026-Q1
M&G PLC trimmed596,812$69M2.1%2026-Q1
MORGAN STANLEY trimmed592,686$68M2.1%2026-Q1
Invesco Ltd. added560,503$64M1.9%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. added551,992$63M1.9%2026-Q1
DISCIPLINED GROWTH INVESTORS INC /MN trimmed528,737$61M1.8%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added500,367$57M1.7%2026-Q1
SEGALL BRYANT & HAMILL, LLC added468,666$56M1.7%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed425,128$47M1.4%2026-Q1
Allianz Asset Management GmbH added352,665$40M1.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed324,182$37M1.1%2026-Q1
EMERALD ADVISERS, LLC added304,916$35M1.1%2026-Q1
BAILLIE GIFFORD & CO trimmed269,355$31M0.9%2026-Q1
BANK OF AMERICA CORP /DE/ added258,600$30M0.9%2026-Q1
Pacific Heights Asset Management LLC225,000$26M0.8%2026-Q1
EXCHANGE TRADED CONCEPTS, LLC trimmed215,794$25M0.7%2026-Q1
AMERICAN CAPITAL MANAGEMENT INC trimmed208,918$24M0.7%2026-Q1
NORTHERN TRUST CORP added202,457$23M0.7%2026-Q1
SEI INVESTMENTS CO added192,688$22M0.7%2026-Q1
EMERALD MUTUAL FUND ADVISERS TRUST added192,457$22M0.7%2026-Q1
RAYMOND JAMES FINANCIAL INC added187,046$21M0.6%2026-Q1
CITADEL ADVISORS LLC added185,773$21M0.6%2026-Q1
Legal & General Group Plc trimmed177,192$20M0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new156,518$18M0.5%2026-Q1
Bank of New York Mellon Corp added155,076$18M0.5%2026-Q1
S SQUARED TECHNOLOGY, LLC added153,916$18M0.5%2026-Q1
UBS Group AG added145,750$17M0.5%2026-Q1
ROYCE & ASSOCIATES LP trimmed136,021$16M0.5%2026-Q1
SYSTEMATIC FINANCIAL MANAGEMENT LP added132,384$15M0.5%2026-Q1
FIRST TRUST ADVISORS LP trimmed130,492$15M0.5%2026-Q1
JPMORGAN CHASE & CO trimmed138,292$15M0.5%2026-Q1
Quantinno Capital Management LP trimmed106,052$12M0.4%2026-Q1
NORGES BANK added184,811$12M0.4%2026-Q1
BRANDES INVESTMENT PARTNERS, LP trimmed97,092$11M0.3%2026-Q1
SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI added96,662$11M0.3%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added85,700$10M0.3%2026-Q1
Retirement Systems of Alabama trimmed79,319$9M0.3%2026-Q1
WESTPORT ASSET MANAGEMENT INC77,500$9M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added72,650$8M0.3%2026-Q1
LHM, INC. trimmed69,656$8M0.2%2026-Q1
AMERIPRISE FINANCIAL INC added67,945$8M0.2%2026-Q1
Hodges Capital Management Inc. added67,198$8M0.2%2026-Q1
RHUMBLINE ADVISERS added66,514$8M0.2%2026-Q1
GOLDMAN SACHS GROUP INC added63,508$7M0.2%2026-Q1
STOREBRAND ASSET MANAGEMENT AS62,690$7M0.2%2026-Q1
CASTLEARK MANAGEMENT LLC added60,456$7M0.2%2026-Q1
PINNACLE ASSOCIATES LTD trimmed59,569$7M0.2%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added56,432$6M0.2%2026-Q1
Swiss National Bank50,000$6M0.2%2026-Q1
INTECH INVESTMENT MANAGEMENT LLC trimmed46,412$5M0.2%2026-Q1
Nuveen, LLC added44,982$5M0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added44,273$5M0.2%2026-Q1
AMERICAN CENTURY COMPANIES INC trimmed42,859$5M0.1%2026-Q1
Tidal Investments LLC added43,741$5M0.1%2026-Q1
Pier Capital, LLC new40,920$5M0.1%2026-Q1
ROYAL BANK OF CANADA added38,662$4M0.1%2026-Q1
QSM Asset Management Ltd trimmed38,637$4M0.1%2026-Q1
Old West Investment Management, LLC trimmed37,220$4M0.1%2026-Q1
Concurrent Investment Advisors, LLC new35,394$4M0.1%2026-Q1
Raiffeisen Bank International AG35,000$4M0.1%2026-Q1
Decker Retirement Planning Inc. new32,618$4M0.1%2026-Q1
RICE HALL JAMES & ASSOCIATES, LLC added32,356$4M0.1%2026-Q1
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM30,711$4M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added29,744$3M0.1%2026-Q1
GREATMARK INVESTMENT PARTNERS, INC. trimmed29,649$3M0.1%2026-Q1
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added29,287$3M0.1%2026-Q1
XTX Topco Ltd added28,572$3M0.1%2026-Q1
OCCUDO QUANTITATIVE STRATEGIES LP added26,636$3M0.1%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed27,619$3M0.1%2026-Q1
Ballast Asset Management, LP trimmed26,119$3M0.1%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added25,502$3M0.1%2026-Q1
SG Americas Securities, LLC trimmed25,373$3M0.1%2026-Q1
FIFTH THIRD BANCORP added24,759$3M0.1%2026-Q1
CITIGROUP INC trimmed24,472$3M0.1%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed25,413$3M0.1%2026-Q1
OSAIC HOLDINGS, INC. added23,475$3M0.1%2026-Q1
Kerrisdale Advisers, LLC new23,440$3M0.1%2026-Q1
VANGUARD GROUP INC trimmed2,616,531$187M5.7%2025-Q4 stale
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed165,365$11M0.3%2025-Q2 stale
CAMBIAR INVESTORS LLC added134,759$9M0.3%2025-Q2 stale
SORA INVESTORS LLC trimmed144,182$9M0.3%2025-Q1 stale
D. E. Shaw & Co., Inc. trimmed98,599$7M0.2%2025-Q4 stale
JACOBS LEVY EQUITY MANAGEMENT, INC trimmed89,482$6M0.2%2025-Q4 stale
Jump Financial, LLC added84,944$6M0.2%2025-Q2 stale
Robeco Schweiz AG trimmed71,994$5M0.1%2025-Q1 stale
VOLORIDGE INVESTMENT MANAGEMENT, LLC added59,529$4M0.1%2025-Q4 stale
Edgestream Partners, L.P. added47,074$4M0.1%2025-Q3 stale
Assenagon Asset Management S.A. added47,981$3M0.1%2025-Q4 stale
NATIXIS trimmed52,887$3M0.1%2025-Q1 stale
Apis Capital Advisors, LLC new35,000$3M0.1%2025-Q3 stale
Polar Asset Management Partners Inc. trimmed37,039$3M0.1%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

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