IPG Photonics Corporation
MX ˙ BMV ˙ US44980X1090
SecurityMX:IPGP / IPG Photonics Corporation
InstitutionLazard Asset Management Llc
Latest Disclosed Ownership1,374,460 shares
Latest Disclosed Value $ 157,499,371
Lazard Asset Management Llc reports 22.32% decrease in ownership of IPGP / IPG Photonics Corporation

On May 15, 2026 - Lazard Asset Management Llc filed a 13F-HR form disclosing ownership of 1,374,460 shares of IPG Photonics Corporation (MX:IPGP) valued at $157,499,371 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 1,769,283 shares of IPG Photonics Corporation. This represents a change in shares of -22.32% 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)
2026-05-15 2026-03-31 13F IPG PHOTONICS COM 44980X109 1,374,460 -394,823 -22.32 157,499 24.33 0.1350
2026-02-17 2025-12-31 13F IPG PHOTONICS COM 44980X109 1,769,283 -17,589 -0.98 126,681 -10.47 0.2146
2025-11-14 2025-09-30 13F IPG PHOTONICS COM 44980X109 1,786,872 -112,589 -5.93 141,502 108,747.69 0.1905
2025-08-14 2025-06-30 13F IPG PHOTONICS Common Stock 44980X109 1,899,461 851,869 81.32 130 96.97 0.1794
2025-05-15 2025-03-31 13F IPG PHOTONICS Common Stock 44980X109 1,047,592 -21,601 -2.02 66 -14.29 0.1016
2025-02-14 2024-12-31 13F IPG PHOTONICS Common Stock 44980X109 1,069,193 9,852 0.93 78 -1.28 0.1137
2024-11-14 2024-09-30 13F IPG PHOTONICS Common Stock 44980X109 1,059,341 72,683 7.37 79 -6.02 0.1053
2024-08-14 2024-06-30 13F IPG PHOTONICS Common Stock 44980X109 986,658 986,658 83 0.1044
2024-07-09 2024-03-31 13F/A-1 IPG PHOTONICS Common Stock 44980X109 0 -1,011,544 -100.00 0 -100.00
2024-05-14 2024-03-31 13F IPG PHOTONICS Common Stock 44980X109 0 0
2024-02-14 2023-12-31 13F IPG PHOTONICS Common Stock 44980X109 1,011,544 1,901 0.19 110 6.86 0.1389
2023-11-14 2023-09-30 13F IPG PHOTONICS Common Stock 44980X109 1,009,643 -30,581 -2.94 103 -27.66 0.1395
2023-08-15 2023-06-30 13F IPG PHOTONICS Common Stock 44980X109 1,040,224 -46,508 -4.28 141 5.22 0.1739
2023-05-15 2023-03-31 13F IPG PHOTONICS Common Stock 44980X109 1,086,732 -17,025 -1.54 134 -99.87 0.1756
2023-02-15 2022-12-31 13F IPG PHOTONICS Common Stock 44980X109 1,103,757 -1,389 -0.13 104,492 12.09 0.1439
2022-11-14 2022-09-30 13F IPG PHOTONICS Common Stock 44980X109 1,105,146 1,758 0.16 93,219 -10.25 0.1362
2022-08-09 2022-06-30 13F IPG PHOTONICS Common Stock 44980X109 1,103,388 415,842 60.48 103,861 37.63 0.1405
2022-05-13 2022-03-31 13F IPG PHOTONICS Common Stock 44980X109 687,546 8,539 1.26 75,465 -35.44 0.0874
2022-02-09 2021-12-31 13F IPG PHOTONICS Common Stock 44980X109 679,007 -370 -0.05 116,884 8.62 0.1244
2021-11-15 2021-09-30 13F IPG PHOTONICS Common Stock 44980X109 679,377 280,266 70.22 107,613 27.93 0.1214
2021-08-12 2021-06-30 13F IPG PHOTONICS Common Stock 44980X109 399,111 2,413 0.61 84,120 0.53 0.0944
2021-05-14 2021-03-31 13F IPG PHOTONICS Common Stock 44980X109 396,698 -6,238 -1.55 83,679 -7.20 0.1014
2021-02-11 2020-12-31 13F IPG PHOTONICS Common Stock 44980X109 402,936 -458,398 -53.22 90,173 -38.41 0.1139
2020-11-13 2020-09-30 13F IPG PHOTONICS Common Stock 44980X109 861,334 -172,551 -16.69 146,400 -11.71 0.2058
2020-08-13 2020-06-30 13F IPG PHOTONICS Common Stock 44980X109 1,033,885 -161,916 -13.54 165,823 25.75 0.2549
2020-05-14 2020-03-31 13F IPG PHOTONICS Common Stock 44980X109 1,195,801 -304,439 -20.29 131,871 -39.35 0.2416
2020-02-13 2019-12-31 13F IPG PHOTONICS Common Stock 44980X109 1,500,240 18,487 1.25 217,413 8.21 0.3105
2019-11-14 2019-09-30 13F IPG PHOTONICS Common Stock 44980X109 1,481,753 413,708 38.74 200,924 21.96 0.3302
2019-08-14 2019-06-30 13F IPG PHOTONICS Common Stock 44980X109 1,068,045 239,225 28.86 164,744 30.96 0.2671
2019-08-28 2019-03-31 13F/A-1 IPG PHOTONICS Common Stock 44980X109 828,820 10,637 1.30 125,797 35.72 0.2058
2019-05-13 2019-03-31 13F IPG PHOTONICS Common Stock 44980X109 828,820 10,637 125,797
2019-08-28 2018-12-31 13F/A-1 IPG PHOTONICS Common Stock 44980X109 818,183 160,612 24.43 92,691 -9.68 0.1706
2019-02-13 2018-12-31 13F IPG PHOTONICS Common Stock 44980X109 818,183 160,612 92,691
2019-08-30 2018-09-30 13F/A-1 IPG PHOTONICS Common Stock 44980X109 657,571 616,309 1,493.65 102,626 1,027.51 0.1660
2018-11-13 2018-09-30 13F IPG PHOTONICS Common Stock 44980X109 657,571 616,309 102,626
2019-08-30 2018-06-30 13F/A-1 IPG PHOTONICS Common Stock 44980X109 41,262 35,821 658.35 9,102 617.26 0.0158
2018-08-13 2018-06-30 13F IPG PHOTONICS Common Stock 44980X109 41,279 35,838 9,106
2019-08-28 2018-03-31 13F/A-1 IPG PHOTONICS Common Stock 44980X109 5,441 -3,812 -41.20 1,269 -35.91 0.0022
2018-05-14 2018-03-31 13F IPG PHOTONICS Common Stock 44980X109 5,441 -3,812 1,269
2019-08-28 2017-12-31 13F/A-1 IPG PHOTONICS Common Stock 44980X109 9,253 -34,823 -79.01 1,980 -75.72 0.0034
2018-02-13 2017-12-31 13F IPG PHOTONICS Common Stock 44980X109 9,253 -34,823 1,980
2019-08-19 2017-09-30 13F/A-1 IPG PHOTONICS Common Stock 44980X109 44,076 44,076 1,674.40 8,156 5,767.63 0.0148
2017-11-13 2017-09-30 13F IPG PHOTONICS Common Stock 44980X109 44,076 8,156
2014-02-14 2013-12-31 13F IPG PHOTONICS Common Stock 44980X109 0 -2,484 -100.00 0 -100.00
2014-01-13 2013-09-30 13F/A-1 IPG PHOTONICS Common Stock 44980X109 2,484 860 52.96 139 41.84 0.0003
2013-11-13 2013-09-30 13F IPG PHOTONICS Common Stock 44980X109 2,484 139
2013-08-13 2013-06-30 13F IPG PHOTONICS Common Stock 44980X109 1,624 1,624 98 0.0002
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.