IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

Shellback Capital, LP's Holding History (CIK: 0001591744)

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

Q1 2017

Shares 100,200 Value ($000) $12,094 Avg Close $113.15 Range $95.04 - $124.27

Q4 2016

Shares 79,461 Value ($000) $7,844 Avg Close $93.27 Range $81.00 - $102.46

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	100,200	$12,094	$113.15	$95.04 - $124.27
Q4 2016	79,461	$7,844	$93.27	$81.00 - $102.46