IPG Photonics Corporation
MX ˙ BMV ˙ US44980X1090
SecurityMX:IPGP / IPG Photonics Corporation
InstitutionFuller & Thaler Asset Management, Inc.
Latest Disclosed Ownership551,992 shares
Latest Disclosed Value $ 63,252,726
Fuller & Thaler Asset Management, Inc. reports 483.07% increase in ownership of IPGP / IPG Photonics Corporation

On May 14, 2026 - Fuller & Thaler Asset Management, Inc. filed a 13F-HR form disclosing ownership of 551,992 shares of IPG Photonics Corporation (MX:IPGP) valued at $63,252,726 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 18, 2026 disclosing 94,670 shares of IPG Photonics Corporation. This represents a change in shares of 483.07% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F IPG PHOTONICS COM 44980X109 551,992 457,322 483.07 63,253 833.20 0.2130
2026-02-18 2025-12-31 13F/A-1 Ipg Photonics Com 44980X109 94,670 32,947 53.38 6,778 38.69 0.0229
2026-02-12 2025-12-31 13F Ipg Photonics Com 44980X109 94,670 32,947 6,778
2025-11-13 2025-09-30 13F IPG PHOTONICS COM 44980X109 61,723 6,877 12.54 4,888 29.80 0.0166
2025-08-14 2025-06-30 13F Ipg Photonics Com 44980X109 54,846 23,175 73.17 3,765 88.34 0.0137
2025-05-13 2025-03-31 13F Ipg Photonics Com 44980X109 31,671 9,591 43.44 2,000 24.55 0.0078
2025-02-14 2024-12-31 13F Ipg Photonics Com 44980X109 22,080 630 2.94 1,606 0.69 0.0061
2024-11-13 2024-09-30 13F Ipg Photonics Com 44980X109 21,450 10,966 104.60 1,594 80.32 0.0063
2024-08-09 2024-06-30 13F Ipg Photonics Com 44980X109 10,484 2,700 34.69 885 25.39 0.0038
2024-05-13 2024-03-31 13F Ipg Photonics Com 44980X109 7,784 -315 -3.89 706 -19.80 0.0031
2024-02-13 2023-12-31 13F Ipg Photonics Com 44980X109 8,099 1,165 16.80 879 24.86 0.0045
2023-11-13 2023-09-30 13F Ipg Photonics Com 44980X109 6,934 -925 -11.77 704 -34.02 0.0040
2023-08-14 2023-06-30 13F Ipg Photonics Com 44980X109 7,859 1,186 17.77 1,067 29.81 0.0061
2023-05-15 2023-03-31 13F Ipg Photonics Com 44980X109 6,673 4,912 278.93 823 0.0047
2023-02-13 2022-12-31 13F Ipg Photonics Com 44980X109 1,761 51 2.98 0 -100.00 0.0011
2022-11-14 2022-09-30 13F Ipg Photonics Com 44980X109 1,710 1,710 144 0.0010
2018-11-13 2018-09-30 13F Ipg Photonics Com 44980X109 0 -15,670 -100.00 0 -100.00
2018-08-07 2018-06-30 13F Ipg Photonics Com 44980X109 15,670 -1,807 -10.34 3,457 -15.25 0.0374
2018-05-14 2018-03-31 13F Ipg Photonics Com 44980X109 17,477 9 0.05 4,079 9.06 0.0478
2018-02-14 2017-12-31 13F/A-1 Ipg Photonics Com 44980X109 17,468 1,168 7.17 3,740 24.01 0.0450
2018-02-12 2017-12-31 13F Ipg Photonics Com 44980X109 17,468 1,168 3,740
2017-11-08 2017-09-30 13F Ipg Photonics Com 44980X109 16,300 -700 -4.12 3,016 22.25 0.0369
2017-08-11 2017-06-30 13F Ipg Photonics Com 44980X109 17,000 17,000 2,467 0.0323
2016-05-12 2016-03-31 13F Ipg Photonics Com 44980X109 0 -400 -100.00 0 -100.00
2016-02-12 2015-12-31 13F Ipg Photonics Com 44980X109 400 0 0.00 36 20.00 0.0008
2015-11-12 2015-09-30 13F Ipg Photonics Com 44980X109 400 400 30 0.0008
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.