Shellback Capital’s IPG Photonics IPGP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-100,200	Closed	-$12.1M	–	88
2017 Q1	$12.1M	Buy	100,200 +20,739	+26%	+$2.5M	1.09%	38
2016 Q4	$7.84M	Buy	+79,461	New	+$7.84M	0.8%	48