IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

WCM INVESTMENT MANAGEMENT, LLC's Holding History (CIK: 0001061186)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 18,680 Value ($000) $1,844 Avg Close $93.27 Range $81.00 - $102.46

Q3 2016

Shares 95,125 Value ($000) $7,834 Avg Close $83.55 Range $76.64 - $88.76

Q2 2016

Shares 181,149 Value ($000) $14,492 Avg Close $87.94 Range $76.22 - $102.90

Q1 2016

Shares 216,232 Value ($000) $20,775 Avg Close $84.83 Range $73.55 - $98.26

Q4 2015

Shares 217,680 Value ($000) $19,408 Avg Close $85.71 Range $70.21 - $95.12

Q3 2015

Shares 238,227 Value ($000) $18,098 Avg Close $84.77 Range $71.63 - $96.50

Q2 2015

Shares 258,999 Value ($000) $22,061 Avg Close $94.02 Range $81.88 - $102.49

Q1 2015

Shares 244,742 Value ($000) $22,687 Avg Close $86.33 Range $69.86 - $101.69

Q4 2014

Shares 245,600 Value ($000) $18,400 Avg Close $71.14 Range $60.75 - $77.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	18,680	$1,844	$93.27	$81.00 - $102.46
Q3 2016	95,125	$7,834	$83.55	$76.64 - $88.76
Q2 2016	181,149	$14,492	$87.94	$76.22 - $102.90
Q1 2016	216,232	$20,775	$84.83	$73.55 - $98.26
Q4 2015	217,680	$19,408	$85.71	$70.21 - $95.12
Q3 2015	238,227	$18,098	$84.77	$71.63 - $96.50
Q2 2015	258,999	$22,061	$94.02	$81.88 - $102.49
Q1 2015	244,742	$22,687	$86.33	$69.86 - $101.69
Q4 2014	245,600	$18,400	$71.14	$60.75 - $77.99