First Eagle reports 7.87% IPG Photonics (IPGP) stake via clients
Rhea-AI Filing Summary
First Eagle Investment Management, LLC filed an amended Schedule 13G reporting beneficial ownership of 3,339,101.48 shares of IPG Photonics Corp common stock, representing 7.87% of the shares believed outstanding. First Eagle has sole voting power over 3,012,312 shares and sole dispositive power over 3,339,101.48 shares, with no shared voting or dispositive power.
The First Eagle Global Fund, a registered investment company advised by First Eagle, may be deemed to beneficially own 2,350,213 of these shares, or 5.54% of IPG Photonics’ common stock. The shares are held principally on behalf of investment advisory clients, who have the right to receive dividends and sale proceeds.
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Key Figures
Beneficial ownership: 3,339,101.48 shares
Ownership percentage: 7.87%
Sole voting power: 3,012,312 shares
+3 more
6 metrics
Beneficial ownership
3,339,101.48 shares
Shares of IPG Photonics common stock deemed beneficially owned by First Eagle Investment Management, LLC
Ownership percentage
7.87%
Percentage of IPG Photonics common stock believed outstanding, attributed to First Eagle Investment Management, LLC
Sole voting power
3,012,312 shares
Shares over which First Eagle Investment Management, LLC has sole power to vote
Sole dispositive power
3,339,101.48 shares
Shares over which First Eagle Investment Management, LLC has sole power to dispose
Global Fund ownership
2,350,213 shares
IPG Photonics shares deemed beneficially owned by First Eagle Global Fund
Global Fund percentage
5.54%
Portion of IPG Photonics common stock attributed to First Eagle Global Fund
Key Terms
beneficial owner, sole voting power, sole dispositive power, Investment Advisers Act of 1940, +1 more
5 terms
beneficial owner financial
"is deemed to be the beneficial owner of 3,339,101.48 shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power financial
"Sole power to vote or to direct the vote: 3,012,312"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 3,339,101"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Advisers Act of 1940 regulatory
"an investment adviser registered under Section 203 of the Investment Advisers Act of 1940"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
registered investment company financial
"The First Eagle Global Fund, a registered investment company for which FEIM acts as investment adviser"
A registered investment company is a pooled investment vehicle—such as a mutual fund or closed-end fund—that is officially registered with financial regulators and required to follow rules about disclosure, how it invests, and what fees it charges. Think of it as a shared basket of stocks or bonds managed for many investors; registration means regular reporting and oversight that help investors compare costs, understand risks, and know how easy it is to buy or sell their shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of IPG Photonics (IPGP) does First Eagle Investment Management report owning?
First Eagle Investment Management reports beneficial ownership of 3,339,101.48 shares of IPG Photonics common stock, representing 7.87% of the shares believed to be outstanding, based on its role as investment adviser to various clients.
Why is First Eagle Global Fund listed separately in the IPG Photonics (IPGP) Schedule 13G/A?
First Eagle Global Fund is a registered investment company advised by First Eagle and may be deemed to beneficially own 2,350,213 of the reported shares. It is listed to show its specific stake, which represents 5.54% of IPG Photonics’ common stock.