IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

STEADFAST CAPITAL MANAGEMENT LP's Holding History (CIK: 0001214822)

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

Q3 2014

Shares 366,526 Value ($000) $25,210 Avg Close $67.37 Range $61.48 - $73.29

Q2 2014

Shares 340,943 Value ($000) $23,457 Avg Close $67.40 Range $60.31 - $75.73

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	366,526	$25,210	$67.37	$61.48 - $73.29
Q2 2014	340,943	$23,457	$67.40	$60.31 - $75.73