Cliff Asness's IPGP Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 429,732 shares of IPG Photonics Corporation (IPGP) worth $47.7 M, representing 0.02% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 54 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in IPGP, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2025, adding 416,186 shares. Largest reduction occurred in Q3 2018, reducing 385,296 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's IPG Photonics Corporation (IPGP) Holding Value Over Time
Track share changes against reported price movement
Quarterly IPG Photonics Corporation (IPGP) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -268,673 | Reduce 38.47% | 429,732 | $111.00 |
| Q4 2025 | -202,863 | Reduce 22.51% | 698,405 | $71.60 |
| Q3 2025 | -77,309 | Reduce 7.90% | 901,268 | $78.88 |
| Q2 2025 | +341,773 | Add 53.67% | 978,577 | $68.57 |
| Q1 2025 | +416,186 | Add 188.65% | 636,804 | $63.14 |
| Q4 2024 | -37,123 | Reduce 14.40% | 220,618 | $72.70 |
| Q3 2024 | +3,163 | Add 1.24% | 257,741 | $74.32 |
| Q2 2024 | +52,204 | Add 25.80% | 254,578 | $84.39 |
| Q1 2024 | +23,640 | Add 13.23% | 202,374 | $90.69 |
| Q4 2023 | +46,843 | Add 35.52% | 178,734 | $108.54 |
| Q3 2023 | +3,276 | Add 2.55% | 131,891 | $101.54 |
| Q2 2023 | -15,449 | Reduce 10.72% | 128,615 | $135.57 |
| Q1 2023 | -144,061 | Reduce 50.00% | 144,064 | $122.15 |
| Q4 2022 | -27,398 | Reduce 8.68% | 288,125 | $93.50 |
| Q3 2022 | -74,596 | Reduce 19.12% | 315,523 | $84.35 |
| Q2 2022 | +166,432 | Add 74.40% | 390,119 | $93.35 |
| Q1 2022 | +110,092 | Add 96.92% | 223,687 | $109.76 |
| Q4 2021 | -17,661 | Reduce 13.46% | 113,595 | $172.14 |
| Q3 2021 | +52,674 | Add 67.03% | 131,256 | $158.40 |
| Q2 2021 | -44,101 | Reduce 35.95% | 78,582 | $210.77 |
| Q1 2021 | -23,821 | Reduce 16.26% | 122,683 | $208.64 |
| Q4 2020 | +81,637 | Add 125.85% | 146,504 | $223.29 |
| Q3 2020 | +64,867 | New Buy | 64,867 | $169.75 |
| Q2 2020 | -5,032 | Sold Out | 0 | $0.00 |
| Q1 2020 | +2,725 | Add 118.12% | 5,032 | $110.29 |
| Q4 2019 | -1,433 | Reduce 38.32% | 2,307 | $144.78 |
| Q3 2019 | +3,740 | New Buy | 3,740 | $135.03 |
| Q2 2019 | -9,066 | Sold Out | 0 | $0.00 |
| Q1 2019 | -2,307 | Reduce 20.28% | 9,066 | $150.89 |
| Q4 2018 | -106,457 | Reduce 90.35% | 11,373 | $113.25 |
| Q3 2018 | -385,296 | Reduce 76.58% | 117,830 | $156.07 |
| Q2 2018 | +43,499 | Add 9.46% | 503,126 | $220.63 |
| Q1 2018 | +207,119 | Add 82.02% | 459,627 | $233.38 |
| Q4 2017 | +229,668 | Add 1005.55% | 252,508 | $214.13 |
| Q3 2017 | +10,891 | Add 91.15% | 22,840 | $185.07 |
| Q2 2017 | +963 | Add 8.77% | 11,949 | $145.12 |
| Q1 2017 | -1,798 | Reduce 14.06% | 10,986 | $120.70 |
| Q4 2016 | +2,695 | Add 26.71% | 12,784 | $98.72 |
| Q3 2016 | -954 | Reduce 8.64% | 10,089 | $82.37 |
| Q2 2016 | -27,195 | Reduce 71.12% | 11,043 | $79.96 |
| Q1 2016 | -41,420 | Reduce 52.00% | 38,238 | $96.08 |
| Q4 2015 | +56,047 | Add 237.38% | 79,658 | $89.16 |
| Q3 2015 | +17,669 | Add 297.36% | 23,611 | $75.98 |
| Q2 2015 | +2,042 | Add 52.36% | 5,942 | $85.16 |
| Q1 2015 | -2,733 | Reduce 41.20% | 3,900 | $92.82 |
| Q4 2014 | +2,700 | Add 68.65% | 6,633 | $74.93 |
| Q3 2014 | -300 | Reduce 7.09% | 3,933 | $68.90 |
| Q2 2014 | +200 | Add 4.96% | 4,233 | $68.75 |
| Q1 2014 | -4,500 | Reduce 52.74% | 4,033 | $71.16 |
| Q4 2013 | -2,001 | Reduce 19.00% | 8,533 | $77.58 |
| Q3 2013 | +5,401 | Add 105.22% | 10,534 | $56.29 |
| Q2 2013 | +5,133 | Add 0.00% | 5,133 | $60.78 |
| Q4 2012 | +3,843 | Add 0.00% | 3,843 | $66.61 |
Cliff Asness's IPG Photonics Corporation Investment FAQs
Cliff Asness first purchased IPG Photonics Corporation (IPGP) in Q4 2012, acquiring 3,843 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held IPG Photonics Corporation (IPGP) for 54 quarters since Q4 2012.
Cliff Asness's largest addition to IPG Photonics Corporation (IPGP) was in Q1 2025, adding 636,804 shares worth $40.21 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 429,732 shares of IPG Photonics Corporation (IPGP), valued at approximately $47.7 M.
As of the Q1 2026 filing, IPG Photonics Corporation (IPGP) represents approximately 0.02% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in IPG Photonics Corporation (IPGP) was 978,577 shares, as reported at the end of Q2 2025.