Steadfast Capital Management’s IPG Photonics IPGP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-366,526	Closed	-$25.2M	–	56
2014 Q3	$25.2M	Buy	366,526 +25,583	+8%	+$1.76M	0.43%	47
2014 Q2	$23.5M	Buy	+340,943	New	+$23.5M	0.38%	41