IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

Brevan Howard Capital Management LP's Holding History (CIK: 0001512857)

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

Q4 2025

Shares 4,575 Value ($000) $328 Avg Close $81.59 Range $71.38 - $92.21

Q3 2025

Shares 5,536 Value ($000) $438 Avg Close $78.12 Range $66.82 - $85.29

Q2 2024

Shares 3,747 Value ($000) $316 Avg Close $86.41 Range $80.27 - $91.76

Q1 2024

Shares 3,581 Value ($000) $325 Avg Close $93.95 Range $84.59 - $108.09

Q4 2023

Shares 5,515 Value ($000) $599 Avg Close $96.85 Range $83.00 - $111.11

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	4,575	$328	$81.59	$71.38 - $92.21
Q3 2025	5,536	$438	$78.12	$66.82 - $85.29
Q2 2024	3,747	$316	$86.41	$80.27 - $91.76
Q1 2024	3,581	$325	$93.95	$84.59 - $108.09
Q4 2023	5,515	$599	$96.85	$83.00 - $111.11