IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

BRASADA CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001643833)

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

Q4 2018

Shares 100 Value ($000) $11 Avg Close $132.93 Range $104.64 - $158.19

Q3 2018

Shares 100 Value ($000) $16 Avg Close $185.56 Range $153.37 - $243.43

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	100	$11	$132.93	$104.64 - $158.19
Q3 2018	100	$16	$185.56	$153.37 - $243.43